3-bed · 2,458 sqftCity Walk Residential Building 21A, City Walk · 5th floor · completed 2017

506, City Walk Residential Building 21A

Sold prices and rental history: sold 4 times, last in September 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 22 September 2021
Last soldAED 3.2M22 September 2021
Current rentAED 170K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, City Walk Residential Building 21A

What is 506 worth today?

Last sold for AED 3,200,000 in 2021

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22 Sep 2021SoldReady
AED 3,200,000AED 1,302 per sqft
15 Aug 2021RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
4 Nov 2020RentedRenewal
AED 180,000/yr12 months · AED 73 per sqft
4 Nov 2019RentedNew contract
AED 190,000/yr12 months · AED 77 per sqft
16 Jul 2019SoldReady
AED 3,963,000AED 1,612 per sqft
14 Apr 2019SoldReady
AED 3,963,000AED 1,612 per sqft
11 Aug 2016Sold by developerOff-plan
AED 3,963,000AED 1,612 per sqft

Source: Dubai Land Department. Updated 22 September 2021.

Key facts

Type
3-bed apartment
Size
2,458 sqft
Floor
5th of 6
Parking
B-77, B-78
Developer
Meraas
Completed
2017
Service charge
AED 53,900 /yr
Last sold
AED 3.2M · September 2021

About 506, City Walk Residential Building 21A

506 is a three-bedroom apartment of 2,458 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 22 September 2021 for AED 3,200,000, or AED 1,302 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 August 2021, is AED 170,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 53,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in City Walk Residential Building 21A
3.5M4M2016201820202022Typical sale price by year: 2016 AED 3,963,000; 2019 AED 3,963,000; 2022 AED 3,567,000Sold by developer, August 2016: AED 3,963,000 (AED 1,612 per sqft)Sold, April 2019: AED 3,963,000 (AED 1,612 per sqft)Sold, July 2019: AED 3,963,000 (AED 1,612 per sqft)Sold, September 2021: AED 3,200,000 (AED 1,302 per sqft)

506 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 506, 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, November 2019: AED 190,000 a yearRenewal, November 2020: AED 180,000 a yearNew contract, August 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 506 sits

All 10 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
24 Jul 20245,300,000
9 Aug 20223,700,000
8 Aug 20223,551,000
8 Aug 20223,567,000
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
5033-bedAED 3.7M · Aug 2022
5042-bedAED 2.4M · Nov 2021

506, City Walk Residential Building 21A in numbers

  • Sold 4 times: first on 11 August 2016 for AED 3,963,000, last on 22 September 2021 for AED 3,200,000 (AED 1,302 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 190,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 53,900 a year (AED 21.95 per sqft).

Source: Dubai Land Department. Updated 22 September 2021.

Questions about 506, City Walk Residential Building 21A

What did unit 506 last sell for?

AED 3,200,000 on 22 September 2021: AED 1,302 per sqft for 2,458 sqft. The unit has 4 registered sales; the first was AED 3,963,000 in August 2016.

What is the rent for unit 506?

AED 170,000 a year on the contract signed on 15 August 2021. The previous contract, from November 2020, was AED 180,000; the unit has been rented since November 2019.

How big is unit 506?

2,458 sqft (228.4 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2017.

What is unit 506 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 506, City Walk Residential Building 21A

Starts from the last sale price (AED 3.2M, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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