2-bed · 1,877 sqftCity Walk Residential Building 2B, City Walk · 3rd floor · completed 2017

305, City Walk Residential Building 2B

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

Unit 305 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 3.74M1 November 2023
Current rentAED 149K /yr22 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, City Walk Residential Building 2B

What is 305 worth today?

Last sold for AED 3,735,000 in 2023

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1 Nov 2023SoldReady
AED 3,735,000AED 1,989 per sqft
22 Feb 2023RentedRenewal
AED 149,129/yr5 months · AED 79 per sqft
22 Feb 2022RentedRenewal
AED 141,750/yr12 months · AED 76 per sqft
22 Feb 2021RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
8 Feb 2020RentedRenewal
AED 160,000/yr12 months · AED 85 per sqft
8 Feb 2019RentedRenewal
AED 160,000/yr12 months · AED 85 per sqft
12 Jul 2018SoldReady
AED 3,973,000AED 2,116 per sqft
8 Dec 2017RentedNew contract
AED 140,571/yr14 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,877 sqft
Floor
3rd of 6
Parking
B-74, B-75
Developer
Meraas
Completed
2017
Service charge
AED 41,200 /yr
Last sold
AED 3.74M · November 2023

About 305, City Walk Residential Building 2B

305 is a two-bedroom apartment of 1,877 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 1 November 2023 for AED 3,735,000, or AED 1,989 per sqft, 5% above the AED 1,901 two-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 22 February 2023, is AED 149,129 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 41,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in City Walk Residential Building 2B
3M4M20172019202120232025Typical sale price by year: 2017 AED 2,442,000; 2018 AED 4,008,500; 2023 AED 3,665,000; 2024 AED 4,150,000Sold by developer, January 2017: AED 2,442,000 (AED 1,300 per sqft)Sold, July 2018: AED 3,973,000 (AED 2,116 per sqft)Sold, November 2023: AED 3,735,000 (AED 1,989 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in City Walk Residential Building 2B
200K300K2017202020232026Typical rent by year: 2017 AED 158,571; 2018 AED 167,143; 2019 AED 162,000; 2020 AED 155,000; 2021 AED 146,667; 2022 AED 153,000; 2023 AED 169,232; 2024 AED 260,000; 2025 AED 290,000; 2026 AED 280,000New contract, December 2017: AED 140,571 a yearRenewal, February 2019: AED 160,000 a yearRenewal, February 2020: AED 160,000 a yearNew contract, February 2021: AED 135,000 a yearRenewal, February 2022: AED 141,750 a yearRenewal, February 2023: AED 149,129 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 2B, and where 305 sits

All 28 2-beds →

305 last sold in November 2023 at AED 1,989 per sqft, 5% above what two-beds in City Walk Residential Building 2B were fetching at the time (AED 1,901). 305's AED 149,129 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Apr 20255,510,000
3 Oct 20244,300,000
27 Sep 20244,000,000
24 Sep 20244,500,000
0 2-bed sales 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
3013-bedAED 3.75M · Aug 2023
3023-bedAED 4.8M · May 2024
3033-bedAED 4.8M · Apr 2023
3042-bedAED 3.56M · Jul 2023
3062-bedAED 3.89M · Oct 2023
3071-bedAED 2.33M · Oct 2023
3082-bedAED 3.29M · Mar 2023
1–7 of 11

305, City Walk Residential Building 2B in numbers

  • Sold 3 times: first on 30 January 2017 for AED 2,442,000, last on 1 November 2023 for AED 3,735,000 (AED 1,989 per sqft).
  • Rented since December 2017 on 6 Ejari contracts, from AED 140,571 to AED 149,129 a year.
  • At AED 149,129 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 41,200 a year (AED 21.95 per sqft).

Source: Dubai Land Department. Updated 1 November 2023.

Questions about 305, City Walk Residential Building 2B

What did unit 305 last sell for?

AED 3,735,000 on 1 November 2023: AED 1,989 per sqft for 1,877 sqft. The unit has 3 registered sales; the first was AED 2,442,000 in January 2017.

What is the rent for unit 305?

AED 149,129 a year on the contract renewed on 22 February 2023. The previous contract, from February 2022, was AED 141,750; the unit has been rented since December 2017.

How big is unit 305?

1,877 sqft (174.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2017.

What is unit 305 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 305, City Walk Residential Building 2B

Starts from the last sale price (AED 3.74M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,735,000
Deposit, UAE resident (20%)
AED 747,000
Deposit, non-resident (40%)
AED 1,494,000
Monthly over 25 years at 3.7%
AED 15,281

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