2-bed · 1,774 sqftCity Walk Residential Building 22, City Walk · 5th floor · completed 2017

511, City Walk Residential Building 22

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

Unit 511 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 2.64M18 April 2019
Current rentAED 289K /yr24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, City Walk Residential Building 22

What is 511 worth today?

Last sold for AED 2,640,000 in 2019

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24 Sep 2024RentedRenewal
AED 289,000/yr12 months · AED 163 per sqft
22 Sep 2023RentedNew contract
AED 287,403/yr12 months · AED 162 per sqft
1 Mar 2021RentedNew contract
AED 175,000/yr12 months · AED 99 per sqft
18 Apr 2019SoldReady
AED 2,640,000AED 1,488 per sqft
23 Aug 2016Sold by developerOff-plan
AED 2,460,000AED 1,386 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
2-bed apartment
Size
1,774 sqft
Floor
5th of 6
Parking
B-14
Developer
Meraas
Completed
2017
Service charge
AED 38,900 /yr
Last sold
AED 2.64M · April 2019

About 511, City Walk Residential Building 22

511 is a two-bedroom apartment of 1,774 sqft on the 5th floor of City Walk Residential Building 22, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 18 April 2019 for AED 2,640,000, or AED 1,488 per sqft, 5% below the AED 1,574 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 289,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 38,900 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in City Walk Residential Building 22
2.5M3M2016201820202022Typical sale price by year: 2016 AED 2,427,000; 2017 AED 3,006,000; 2018 AED 2,900,000; 2020 AED 2,200,000; 2022 AED 3,000,000Sold by developer, August 2016: AED 2,460,000 (AED 1,386 per sqft)Sold, April 2019: AED 2,640,000 (AED 1,488 per sqft)

511 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 511, each contractTypical two-bed in City Walk Residential Building 22
200K300K2018202120242027Typical rent by year: 2018 AED 170,000; 2019 AED 162,500; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 162,750; 2023 AED 176,750; 2024 AED 210,000; 2025 AED 230,000; 2026 AED 257,863New contract, March 2021: AED 175,000 a yearNew contract, September 2023: AED 287,403 a yearRenewal, September 2024: AED 289,000 a year

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

2-beds in City Walk Residential Building 22, and where 511 sits

All 33 2-beds →

511 last sold in April 2019 at AED 1,488 per sqft, 5% below what two-beds in City Walk Residential Building 22 were fetching at the time (AED 1,574). Over the last 12 months two-beds sold for AED 4,999,000, around AED 2,944 per sqft, and rent for AED 214,200 to 385,000 a year. 511's AED 289,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20264,999,000
6 Jul 20223,000,000
22 Jun 20223,100,000
22 Apr 20222,400,000
1 2-bed sale in the last 12 months

City Walk Residential Building 22

Building

64 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2017 by Meraas. 6 sold in the last 12 months.

Typical price per sqft
AED 2,780
Typical sale
AED 6.5M
Typical rent
AED 253K /yr
Typical yield
5.2%
City Walk Residential Building 22, City Walk: prices, sales and rents →
Value
5012-bedAED 2.92M · Aug 2016
5021-bedAED 2.1M · Nov 2022
5031-bedAED 2.84M · May 2025
5042-bedAED 3.1M · Jun 2022
5052-bedAED 2.65M · Jul 2018
5064-bedAED 7.01M · Sep 2017
5073-bedAED 10.5M · Apr 2025
1–7 of 10

511, City Walk Residential Building 22 in numbers

  • Sold twice: first on 23 August 2016 for AED 2,460,000, last on 18 April 2019 for AED 2,640,000 (AED 1,488 per sqft).
  • Rented since March 2021 on 3 Ejari contracts, from AED 175,000 to AED 289,000 a year.
  • At AED 289,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 38,900 a year (AED 21.95 per sqft).
  • Two-beds in City Walk Residential Building 22 sold for AED 4,999,000–4,999,000 in the 12 months to November 2026; the building's median across all types is AED 2,780 per sqft.

Source: Dubai Land Department. Updated 24 September 2024.

Questions about 511, City Walk Residential Building 22

What did unit 511 last sell for?

AED 2,640,000 on 18 April 2019: AED 1,488 per sqft for 1,774 sqft. The unit has 2 registered sales; the first was AED 2,460,000 in August 2016.

What is the rent for unit 511?

AED 289,000 a year on the contract renewed on 24 September 2024. The previous contract, from September 2023, was AED 287,403; the unit has been rented since March 2021.

How big is unit 511?

1,774 sqft (164.8 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2017.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in City Walk Residential Building 22 sold for AED 4,999,000 to 4,999,000 in the last 12 months, around AED 2,944 per sqft.

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Mortgage on 511, City Walk Residential Building 22

Starts from the last sale price (AED 2.64M, 18 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,640,000
Deposit, UAE resident (20%)
AED 528,000
Deposit, non-resident (40%)
AED 1,056,000
Monthly over 25 years at 3.7%
AED 10,801

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