3-bed · 2,282 sqftCity Walk Residential Building 2B, City Walk · 3rd floor · completed 2017

301, City Walk Residential Building 2B

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

Unit 301 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 3.75M16 August 2023
Current rentAED 375K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, City Walk Residential Building 2B

What is 301 worth today?

Last sold for AED 3,750,000 in 2023

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1 May 2024RentedNew contract
AED 375,000/yr12 months · AED 164 per sqft
16 Aug 2023SoldReady
AED 3,750,000AED 1,643 per sqft
1 Mar 2023RentedRenewal
AED 209,310/yr5 months · AED 92 per sqft
1 Mar 2022RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
26 Jan 2021RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
10 Sep 2019RentedNew contract
AED 185,000/yr13 months · AED 81 per sqft
25 Feb 2019RentedRenewal
AED 180,000/yr6 months · AED 79 per sqft
12 Jul 2018SoldReady
AED 3,422,000AED 1,499 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
3-bed apartment
Size
2,282 sqft
Floor
3rd of 6
Parking
B-167, B-168
Developer
Meraas
Completed
2017
Service charge
AED 50,100 /yr
Last sold
AED 3.75M · August 2023

About 301, City Walk Residential Building 2B

301 is a three-bedroom apartment of 2,282 sqft on the 3rd floor of City Walk Residential Building 2B, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 16 August 2023 for AED 3,750,000, or AED 1,643 per sqft, 12% below the AED 1,873 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 May 2024, is AED 375,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 50,100 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in City Walk Residential Building 2B
3M4M5M20172019202120232025Typical sale price by year: 2017 AED 3,174,000; 2018 AED 3,422,000; 2023 AED 4,617,500; 2024 AED 4,850,000Sold by developer, January 2017: AED 3,006,000 (AED 1,317 per sqft)Sold, July 2018: AED 3,422,000 (AED 1,499 per sqft)Sold, August 2023: AED 3,750,000 (AED 1,643 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in City Walk Residential Building 2B
200K400K2017202020232026Typical rent by year: 2017 AED 205,072; 2018 AED 199,714; 2019 AED 194,423; 2020 AED 168,000; 2021 AED 175,000; 2022 AED 183,750; 2023 AED 198,520; 2026 AED 375,000New contract, December 2017: AED 158,571 a yearRenewal, February 2019: AED 180,000 a yearNew contract, September 2019: AED 185,000 a yearNew contract, January 2021: AED 150,000 a yearNew contract, March 2022: AED 200,000 a yearRenewal, March 2023: AED 209,310 a yearNew contract, May 2024: AED 375,000 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 2B, and where 301 sits

All 27 3-beds →

301 last sold in August 2023 at AED 1,643 per sqft, 12% below what three-beds in City Walk Residential Building 2B were fetching at the time (AED 1,873). Over the last 12 months three-beds sold for AED 6,750,000, around AED 2,480 per sqft, and rent for AED 290,000 to 470,000 a year. 301's AED 375,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 May 20266,750,000
13 Oct 20257,500,000
4 Apr 20257,000,000
24 Oct 20246,400,000
1 3-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
3023-bedAED 4.8M · May 2024
3033-bedAED 4.8M · Apr 2023
3042-bedAED 3.56M · Jul 2023
3052-bedAED 3.74M · Nov 2023
3062-bedAED 3.89M · Oct 2023
3071-bedAED 2.33M · Oct 2023
3082-bedAED 3.29M · Mar 2023
1–7 of 11

301, City Walk Residential Building 2B in numbers

  • Sold 3 times: first on 25 January 2017 for AED 3,006,000, last on 16 August 2023 for AED 3,750,000 (AED 1,643 per sqft).
  • Rented since December 2017 on 7 Ejari contracts, from AED 158,571 to AED 375,000 a year.
  • At AED 375,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 50,100 a year (AED 21.95 per sqft).
  • Three-beds in City Walk Residential Building 2B sold for AED 6,750,000–6,750,000 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 1 May 2024.

Questions about 301, City Walk Residential Building 2B

What did unit 301 last sell for?

AED 3,750,000 on 16 August 2023: AED 1,643 per sqft for 2,282 sqft. The unit has 3 registered sales; the first was AED 3,006,000 in January 2017.

What is the rent for unit 301?

AED 375,000 a year on the contract signed on 1 May 2024. The previous contract, from March 2023, was AED 209,310; the unit has been rented since December 2017.

How big is unit 301?

2,282 sqft (212.0 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2017.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in City Walk Residential Building 2B sold for AED 6,750,000 to 6,750,000 in the last 12 months, around AED 2,480 per sqft.

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Mortgage on 301, City Walk Residential Building 2B

Starts from the last sale price (AED 3.75M, 16 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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