1-bed · 1,295 sqftCity Walk Residential Building 2B, City Walk · 2nd floor · completed 2017

207, City Walk Residential Building 2B

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 2.2M22 May 2023
Current rentAED 111K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, City Walk Residential Building 2B

What is 207 worth today?

Last sold for AED 2,200,000 in 2023

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22 May 2023SoldReady
AED 2,200,000AED 1,699 per sqft
5 Mar 2023RentedRenewal
AED 110,859/yr5 months · AED 86 per sqft
5 Mar 2022RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
5 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
18 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
20 Sep 2018RentedRenewal
AED 123,000/yr12 months · AED 95 per sqft
12 Jul 2018SoldReady
AED 4,181,000AED 3,229 per sqft
20 Sep 2017RentedNew contract
AED 123,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
1-bed apartment
Size
1,295 sqft
Floor
2nd of 6
Parking
B-337
Developer
Meraas
Completed
2017
Service charge
AED 28,400 /yr
Last sold
AED 2.2M · May 2023

About 207, City Walk Residential Building 2B

207 is a one-bedroom apartment of 1,295 sqft on the 2nd floor of City Walk Residential Building 2B, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 22 May 2023 for AED 2,200,000, or AED 1,699 per sqft, in line with the AED 1,737 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 March 2023, is AED 110,859 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in City Walk Residential Building 2B
2M4M2017201920212023Typical sale price by year: 2017 AED 1,710,000; 2018 AED 2,500,000; 2023 AED 2,330,000Sold by developer, January 2017: AED 1,643,000 (AED 1,268 per sqft)Sold, July 2018: AED 4,181,000 (AED 3,229 per sqft)Sold, May 2023: AED 2,200,000 (AED 1,699 per sqft)

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

Rents
Unit 207, each contractTypical one-bed in City Walk Residential Building 2B
100K150K2017202020232026Typical rent by year: 2017 AED 129,200; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 104,000; 2022 AED 113,666; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 175,000New contract, September 2017: AED 123,000 a yearRenewal, September 2018: AED 123,000 a yearNew contract, October 2019: AED 120,000 a yearNew contract, March 2021: AED 100,000 a yearRenewal, March 2022: AED 105,000 a yearRenewal, March 2023: AED 110,859 a year

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

1-beds in City Walk Residential Building 2B, and where 207 sits

All 12 1-beds →

207 last sold in May 2023 at AED 1,699 per sqft, in line with what one-beds in City Walk Residential Building 2B were fetching at the time (AED 1,737). Over the last 12 months one-beds sold for AED 3,000,000, around AED 2,255 per sqft, and rent for AED 170,000 to 180,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20263,000,000
4 Nov 20253,300,000
12 Jun 20251,200,000
27 Sep 20242,400,000
1 1-bed sale in the last 12 months

City Walk Residential Building 2B

Building

69 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2017 by Meraas. 2 sold in the last 12 months.

Typical price per sqft
AED 2,368
Typical sale
AED 4.88M
Typical rent
AED 290K /yr
Typical yield
6.1%
City Walk Residential Building 2B, City Walk: prices, sales and rents →
Value
2013-bedAED 1.83M · Dec 2022
2023-bedAED 4.74M · Mar 2024
2033-bedAED 4.7M · Jan 2023
2042-bedAED 4M · Dec 2023
2052-bedAED 3.57M · Apr 2023
2062-bedAED 3.95M · Jul 2024
2082-bedAED 4M · Sep 2024
1–7 of 11

207, City Walk Residential Building 2B in numbers

  • Sold 3 times: first on 22 January 2017 for AED 1,643,000, last on 22 May 2023 for AED 2,200,000 (AED 1,699 per sqft).
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 123,000 to AED 100,000 in 2021 and recovered to AED 110,859 by March 2023.
  • At AED 110,859 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 28,400 a year (AED 21.95 per sqft).
  • One-beds in City Walk Residential Building 2B sold for AED 3,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,368 per sqft.

Source: Dubai Land Department. Updated 22 May 2023.

Questions about 207, City Walk Residential Building 2B

What did unit 207 last sell for?

AED 2,200,000 on 22 May 2023: AED 1,699 per sqft for 1,295 sqft. The unit has 3 registered sales; the first was AED 1,643,000 in January 2017.

What is the rent for unit 207?

AED 110,859 a year on the contract renewed on 5 March 2023. The previous contract, from March 2022, was AED 105,000; the unit has been rented since September 2017.

How big is unit 207?

1,295 sqft (120.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2017.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in City Walk Residential Building 2B sold for AED 3,000,000 to 3,000,000 in the last 12 months, around AED 2,255 per sqft.

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Mortgage on 207, City Walk Residential Building 2B

Starts from the last sale price (AED 2.2M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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