3-bed · 2,545 sqftCity Walk Residential Building 2B, City Walk · 4th floor · completed 2017

403, City Walk Residential Building 2B

Sold prices and rental history: sold 3 times, last in June 2023, 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 23 June 2023
Last soldAED 4.84M23 June 2023
Current rentAED 195K /yr12 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, City Walk Residential Building 2B

What is 403 worth today?

Last sold for AED 4,836,000 in 2023

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23 Jun 2023SoldReady
AED 4,836,000AED 1,900 per sqft
12 Sep 2022RentedRenewal
AED 195,000/yr12 months · AED 77 per sqft
12 Sep 2021RentedRenewal
AED 185,000/yr12 months · AED 73 per sqft
12 Sep 2020RentedRenewal
AED 185,000/yr12 months · AED 73 per sqft
12 Sep 2019RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft
1 Apr 2019RentedRenewal
AED 220,000/yr12 months · AED 86 per sqft
12 Jul 2018SoldReady
AED 4,541,000AED 1,784 per sqft
1 Jan 2018RentedNew contract
AED 196,000/yr15 months · AED 77 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
3-bed apartment
Size
2,545 sqft
Floor
4th of 6
Parking
B-328, B-329
Developer
Meraas
Completed
2017
Service charge
AED 55,900 /yr
Last sold
AED 4.84M · June 2023

About 403, City Walk Residential Building 2B

403 is a three-bedroom apartment of 2,545 sqft on the 4th floor of City Walk Residential Building 2B, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 23 June 2023 for AED 4,836,000, or AED 1,900 per sqft, in line with the AED 1,879 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 12 September 2022, is AED 195,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 55,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 3,336,000 (AED 1,310 per sqft)Sold, July 2018: AED 4,541,000 (AED 1,784 per sqft)Sold, June 2023: AED 4,836,000 (AED 1,900 per sqft)

403 has sold 3 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 2B
200K300K400K2017202020232026Typical 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, January 2018: AED 196,000 a yearRenewal, April 2019: AED 220,000 a yearNew contract, September 2019: AED 200,000 a yearRenewal, September 2020: AED 185,000 a yearRenewal, September 2021: AED 185,000 a yearRenewal, September 2022: AED 195,000 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 403 sits

All 27 3-beds →

403 last sold in June 2023 at AED 1,900 per sqft, in line with what three-beds in City Walk Residential Building 2B were fetching at the time (AED 1,879). 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. 403's AED 195,000 is at the bottom 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
4013-bedAED 3.8M · Jul 2023
4023-bedAED 6.75M · May 2026
4042-bedAED 3.6M · Jan 2023
4052-bedAED 5.51M · Apr 2025
4062-bedAED 4.2M · Mar 2024
4071-bedAED 2.25M · Apr 2023
4082-bedAED 4.6M · Sep 2024
1–7 of 11

403, City Walk Residential Building 2B in numbers

  • Sold 3 times: first on 25 January 2017 for AED 3,336,000, last on 23 June 2023 for AED 4,836,000 (AED 1,900 per sqft).
  • Rented since January 2018 on 6 Ejari contracts, from AED 196,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 55,900 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 23 June 2023.

Questions about 403, City Walk Residential Building 2B

What did unit 403 last sell for?

AED 4,836,000 on 23 June 2023: AED 1,900 per sqft for 2,545 sqft. The unit has 3 registered sales; the first was AED 3,336,000 in January 2017.

What is the rent for unit 403?

AED 195,000 a year on the contract renewed on 12 September 2022. The previous contract, from September 2021, was AED 185,000; the unit has been rented since January 2018.

How big is unit 403?

2,545 sqft (236.4 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. 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 403, City Walk Residential Building 2B

Starts from the last sale price (AED 4.84M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,836,000
Deposit, UAE resident (20%)
AED 967,200
Deposit, non-resident (40%)
AED 1,934,400
Monthly over 25 years at 3.7%
AED 19,786

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