511, City Walk Residential Building 2B
Sold prices and rental history: sold 3 times, last in July 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 511, City Walk Residential Building 2B
What is 511 worth today?
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Source: Dubai Land Department. Updated 12 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,349 sqft
- Floor
- 5th of 6
- Parking
- B-458, B-459
- Developer
- Meraas
- Completed
- 2017
- Service charge
- AED 51,600 /yr
- Last sold
- AED 4.78M · July 2023
About 511, City Walk Residential Building 2B
511 is a three-bedroom apartment of 2,349 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 12 July 2023 for AED 4,780,000, or AED 2,034 per sqft, 8% above the AED 1,884 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 30 August 2021, is AED 176,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 51,600 a year.
Sales and rents for 511 over time
511 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 511 sits
All 27 3-beds →511 last sold in July 2023 at AED 2,034 per sqft, 8% above what three-beds in City Walk Residential Building 2B were fetching at the time (AED 1,884). 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. 511's AED 176,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202622 May 2026 | 2,722 sqft | 6,750,000 | 2,480 | ||
| 13 Oct 202513 October 2025 | 2,348 sqft | 7,500,000 | 3,194 | ||
| 4 Apr 20254 April 2025 | 2,348 sqft | 7,000,000 | 2,981 | ||
| 24 Oct 202424 October 2024 | 2,348 sqft | 6,400,000 | 2,725 |
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 | |
| 509 | 1-bed | 1,330 sqft | AED 2.37MAED 2,371,913 · May 2023May 2023 | 115,000 /yr | |
| 510 | 2-bed | 2,205 sqft | AED 4.35MAED 4,350,000 · Apr 2024April 2024 | 182,488 /yr | |
| 512 | 3-bed | 2,348 sqft | AED 6.4MAED 6,400,000 · Oct 2024October 2024 | 41,438 /yr |
511, City Walk Residential Building 2B in numbers
- Sold 3 times: first on 30 January 2017 for AED 3,170,000, last on 12 July 2023 for AED 4,780,000 (AED 2,034 per sqft).
- Rented since December 2017 on 4 Ejari contracts, from AED 197,143 to AED 176,000 a year.
- At AED 176,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 51,600 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 12 July 2023.
Questions about 511, City Walk Residential Building 2B
What did unit 511 last sell for?
AED 4,780,000 on 12 July 2023: AED 2,034 per sqft for 2,349 sqft. The unit has 3 registered sales; the first was AED 3,170,000 in January 2017.
What is the rent for unit 511?
AED 176,000 a year on the contract renewed on 30 August 2021. The previous contract, from August 2020, was AED 160,000; the unit has been rented since December 2017.
How big is unit 511?
2,349 sqft (218.2 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2017.
What is unit 511 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 511, City Walk Residential Building 2B
Starts from the last sale price (AED 4.78M, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,780,000
- Deposit, UAE resident (20%)
- AED 956,000
- Deposit, non-resident (40%)
- AED 1,912,000
- Monthly over 25 years at 3.7%
- AED 19,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →