3-bed · 2,446 sqftCity Walk Residential Building 21A, City Walk · 5th floor · completed 2017

503, City Walk Residential Building 21A

Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 9 August 2022
Last soldAED 3.7M9 August 2022
Current rentAED 170K /yr3 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, City Walk Residential Building 21A

What is 503 worth today?

Last sold for AED 3,700,000 in 2022

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9 Aug 2022SoldReady
AED 3,700,000AED 1,512 per sqft
3 Nov 2021RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
3 Oct 2020RentedRenewal
AED 170,000/yr13 months · AED 70 per sqft
3 Oct 2019RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
14 Apr 2019SoldReady
AED 3,966,000AED 1,621 per sqft
11 Aug 2016Sold by developerOff-plan
AED 3,966,000AED 1,621 per sqft

Source: Dubai Land Department. Updated 9 August 2022.

Key facts

Type
3-bed apartment
Size
2,446 sqft
Floor
5th of 6
Parking
B-81, B-82
Developer
Meraas
Completed
2017
Service charge
AED 53,700 /yr
Last sold
AED 3.7M · August 2022

About 503, City Walk Residential Building 21A

503 is a three-bedroom apartment of 2,446 sqft on the 5th floor of City Walk Residential Building 21A, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 9 August 2022 for AED 3,700,000, or AED 1,512 per sqft, 4% above the AED 1,455 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 3 November 2021, is AED 170,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 53,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in City Walk Residential Building 21A
3.6M3.8M4M2016201820202022Typical sale price by year: 2016 AED 3,963,000; 2019 AED 3,963,000; 2022 AED 3,567,000Sold by developer, August 2016: AED 3,966,000 (AED 1,621 per sqft)Sold, April 2019: AED 3,966,000 (AED 1,621 per sqft)Sold, August 2022: AED 3,700,000 (AED 1,512 per sqft)

503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 503, each contractTypical three-bed in City Walk Residential Building 21A
200K300K2019202120232025Typical rent by year: 2019 AED 180,000; 2020 AED 170,000; 2021 AED 170,000; 2022 AED 186,900; 2023 AED 275,000; 2024 AED 288,750; 2025 AED 240,350New contract, October 2019: AED 180,000 a yearRenewal, October 2020: AED 170,000 a yearNew contract, November 2021: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in City Walk Residential Building 21A, and where 503 sits

All 10 3-beds →

503 last sold in August 2022 at AED 1,512 per sqft, 4% above what three-beds in City Walk Residential Building 21A were fetching at the time (AED 1,455).

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 20245,300,000
8 Aug 20223,551,000
8 Aug 20223,567,000
22 Sep 20213,200,000
0 3-bed sales in the last 12 months

City Walk Residential Building 21A

Building

32 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2017 by Meraas. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 325K /yr
Typical yield
City Walk Residential Building 21A, City Walk: prices, sales and rents →
Value
5012-bedAED 2.77M · Sep 2022
5021-bedAED 1.7M · Oct 2019
5042-bedAED 2.4M · Nov 2021
5063-bedAED 3.2M · Sep 2021

503, City Walk Residential Building 21A in numbers

  • Sold 3 times: first on 11 August 2016 for AED 3,966,000, last on 9 August 2022 for AED 3,700,000 (AED 1,512 per sqft).
  • Rented since October 2019 on 3 Ejari contracts, from AED 180,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 53,700 a year (AED 21.95 per sqft).

Source: Dubai Land Department. Updated 9 August 2022.

Questions about 503, City Walk Residential Building 21A

What did unit 503 last sell for?

AED 3,700,000 on 9 August 2022: AED 1,512 per sqft for 2,446 sqft. The unit has 3 registered sales; the first was AED 3,966,000 in August 2016.

What is the rent for unit 503?

AED 170,000 a year on the contract signed on 3 November 2021. The previous contract, from October 2020, was AED 170,000; the unit has been rented since October 2019.

How big is unit 503?

2,446 sqft (227.2 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2017.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, City Walk Residential Building 21A

Starts from the last sale price (AED 3.7M, 9 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →