3-bed · 2,252 sqftCity Walk Residential Building 2A, City Walk · 4th floor · completed 2017

403, City Walk Residential Building 2A

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 5.7M26 August 2024
Current rentAED 60K /yr22 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, City Walk Residential Building 2A

What is 403 worth today?

Last sold for AED 5,700,000 in 2024

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26 Aug 2024SoldReady
AED 5,700,000AED 2,531 per sqft
22 May 2022RentedRenewal · flagged as an outlier
AED 60,000/yr24 months · AED 27 per sqft
22 May 2022RentedRenewal
AED 60,000/yr24 months · AED 27 per sqft
22 May 2021RentedRenewal
AED 60,000/yr12 months · AED 27 per sqft
22 May 2021RentedRenewal · flagged as an outlier
AED 60,000/yr12 months · AED 27 per sqft
22 May 2020RentedRenewal · flagged as an outlier
AED 60,000/yr12 months · AED 27 per sqft
22 May 2020RentedRenewal · flagged as an outlier
AED 60,000/yr12 months · AED 27 per sqft
22 May 2019RentedRenewal · flagged as an outlier
AED 60,000/yr12 months · AED 27 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
3-bed apartment
Size
2,252 sqft
Floor
4th of 6
Parking
B-69, B-70
Developer
Meraas
Completed
2017
Service charge
AED 49,400 /yr
Last sold
AED 5.7M · August 2024

About 403, City Walk Residential Building 2A

403 is a three-bedroom apartment of 2,252 sqft on the 4th floor of City Walk Residential Building 2A, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 26 August 2024 for AED 5,700,000, or AED 2,531 per sqft, 7% above the AED 2,367 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 22 May 2022, is AED 60,000 a year: a gross yield of 1.1% on the 2024 price, before the service charge of about AED 49,400 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in City Walk Residential Building 2A
2M4M6M2016201920222025Typical sale price by year: 2016 AED 3,420,743; 2017 AED 4,369,703; 2024 AED 5,500,000Sold by developer, June 2016: AED 3,051,000 (AED 1,354 per sqft)Sold, June 2016: AED 3,739,485 (AED 1,660 per sqft)Sold, May 2017: AED 2,285,659 (AED 1,014 per sqft)Sold, August 2024: AED 5,700,000 (AED 2,531 per sqft)

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

Rents
Unit 403, each contractTypical three-bed in City Walk Residential Building 2A
200K400K2018202120242027Typical rent by year: 2018 AED 193,846; 2020 AED 274,552; 2022 AED 185,000; 2024 AED 365,000; 2025 AED 340,000; 2026 AED 330,000New contract, May 2018: AED 60,000 a yearRenewal, May 2021: AED 60,000 a yearRenewal, May 2022: AED 60,000 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 2A, and where 403 sits

All 9 3-beds →

403 last sold in August 2024 at AED 2,531 per sqft, 7% above what three-beds in City Walk Residential Building 2A were fetching at the time (AED 2,367). 403's AED 60,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jul 20245,500,000
22 Apr 20244,879,119
21 Aug 20235,108,400
1 Nov 20224,450,000
0 3-bed sales in the last 12 months

City Walk Residential Building 2A

Building

31 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2017 by Meraas. 5 sold in the last 12 months.

Typical price per sqft
AED 1,908
Typical sale
AED 2.74M
Typical rent
AED 290K /yr
Typical yield
7.2%
City Walk Residential Building 2A, City Walk: prices, sales and rents →
Value
4012-bedAED 3.49M · Jul 2017
4021-bedAED 2.4M · Sep 2026
4042-bedAED 3.4M · Sep 2025
4054-bedAED 7.91M · Oct 2024
4063-bedAED 4.37M · May 2017

403, City Walk Residential Building 2A in numbers

  • Sold 4 times: first on 29 June 2016 for AED 3,739,485, last on 26 August 2024 for AED 5,700,000 (AED 2,531 per sqft).
  • Rented since May 2018 on 9 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 1.1%, before a service charge of about AED 49,400 a year (AED 21.95 per sqft).

Source: Dubai Land Department. Updated 26 August 2024.

Questions about 403, City Walk Residential Building 2A

What did unit 403 last sell for?

AED 5,700,000 on 26 August 2024: AED 2,531 per sqft for 2,252 sqft. The unit has 4 registered sales; the first was AED 3,739,485 in June 2016.

What is the rent for unit 403?

AED 60,000 a year on the contract renewed on 22 May 2022. The previous contract, from May 2022, was AED 60,000; the unit has been rented since May 2018.

How big is unit 403?

2,252 sqft (209.2 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2017.

What is unit 403 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 403, City Walk Residential Building 2A

Starts from the last sale price (AED 5.7M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,700,000
Deposit, UAE resident (20%)
AED 1,140,000
Deposit, non-resident (40%)
AED 2,280,000
Monthly over 25 years at 3.7%
AED 23,320

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