509, 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.
Property timeline for 509, City Walk Residential Building 2B
What is 509 worth today?
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Source: Dubai Land Department. Updated 25 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,330 sqft
- Floor
- 5th of 6
- Parking
- B-418
- Developer
- Meraas
- Completed
- 2017
- Service charge
- AED 29,200 /yr
- Last sold
- AED 2.37M · May 2023
About 509, City Walk Residential Building 2B
509 is a one-bedroom apartment of 1,330 sqft on the 5th floor of City Walk Residential Building 2B, a 6-storey tower in City Walk completed in 2017 by Meraas. It last sold on 25 May 2023 for AED 2,371,913, or AED 1,783 per sqft, in line with the AED 1,751 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 21 September 2022, is AED 115,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 29,200 a year.
Sales and rents for 509 over time
509 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 509 sits
All 12 1-beds →509 last sold in May 2023 at AED 1,783 per sqft, in line with what one-beds in City Walk Residential Building 2B were fetching at the time (AED 1,751). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,330 sqft | 3,000,000 | 2,255 | ||
| 4 Nov 20254 November 2025 | 1,351 sqft | 3,300,000 | 2,442 | ||
| 12 Jun 202512 June 2025 | 708 sqft | 1,200,000 | 1,694 | ||
| 27 Sep 202427 September 2024 | 1,417 sqft | 2,400,000 | 1,694 |
City Walk Residential Building 2B
Building69 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%
Other units on the 5th floor
All 69 units in City Walk Residential Building 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,282 sqft | AED 3.76MAED 3,755,000 · Apr 2023April 2023 | 375,000 /yr | |
| 502 | 3-bed | 2,722 sqft | AED 4.9MAED 4,900,000 · May 2024May 2024 | 202,958 /yr | |
| 503 | 3-bed | 2,545 sqft | AED 6MAED 6,000,000 · May 2024May 2024 | 750,000 /yr | |
| 504 | 2-bed | 1,873 sqft | AED 3.96MAED 3,960,000 · Dec 2023December 2023 | 350,000 /yr | |
| 505 | 2-bed | 1,877 sqft | AED 3.7MAED 3,700,000 · Jul 2023July 2023 | 240,000 /yr | |
| 506 | 2-bed | 2,205 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 176,000 /yr | |
| 507 | 1-bed | 1,273 sqft | AED 2.23MAED 2,230,000 · Mar 2023March 2023 | 115,100 /yr | |
| 508 | 2-bed | 1,876 sqft | AED 3.49MAED 3,490,000 · Oct 2023October 2023 | 270,000 /yr | |
| 510 | 2-bed | 2,205 sqft | AED 4.35MAED 4,350,000 · Apr 2024April 2024 | 182,488 /yr | |
| 511 | 3-bed | 2,349 sqft | AED 4.78MAED 4,780,000 · Jul 2023July 2023 | 176,000 /yr | |
| 512 | 3-bed | 2,348 sqft | AED 6.4MAED 6,400,000 · Oct 2024October 2024 | 41,438 /yr |
509, City Walk Residential Building 2B in numbers
- Sold 3 times: first on 30 January 2017 for AED 1,710,000, last on 25 May 2023 for AED 2,371,913 (AED 1,783 per sqft).
- Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2020 and recovered to AED 115,000 by September 2022.
- At AED 115,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 29,200 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 25 May 2023.
Questions about 509, City Walk Residential Building 2B
What did unit 509 last sell for?
AED 2,371,913 on 25 May 2023: AED 1,783 per sqft for 1,330 sqft. The unit has 3 registered sales; the first was AED 1,710,000 in January 2017.
What is the rent for unit 509?
AED 115,000 a year on the contract renewed on 21 September 2022. The previous contract, from September 2021, was AED 104,500; the unit has been rented since September 2017.
How big is unit 509?
1,330 sqft (123.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2017.
What is unit 509 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 509, City Walk Residential Building 2B
Starts from the last sale price (AED 2.37M, 25 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,371,913
- Deposit, UAE resident (20%)
- AED 474,383
- Deposit, non-resident (40%)
- AED 948,765
- Monthly over 25 years at 3.7%
- AED 9,704
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →