511, City Walk Residential Building 5
Sold prices and rental history: sold twice, last in November 2024, and rented since 2023. 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 5
What is 511 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,785 sqft
- Floor
- 5th of 6
- Parking
- B-67, B-68
- Developer
- Meraas
- Completed
- 2016
- Service charge
- AED 39,200 /yr
- Last sold
- AED 4.1M · November 2024
- Building
- City Walk Residential Building 5
About 511, City Walk Residential Building 5
511 is a two-bedroom apartment of 1,785 sqft on the 5th floor of City Walk Residential Building 5, a 6-storey tower in City Walk completed in 2016 by Meraas. It last sold on 18 November 2024 for AED 4,100,000, or AED 2,296 per sqft, 5% below the AED 2,408 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 December 2024, is AED 270,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 39,200 a year.
Sales and rents for 511 over time
511 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5, and where 511 sits
All 35 2-beds →511 last sold in November 2024 at AED 2,296 per sqft, 5% below what two-beds in City Walk Residential Building 5 were fetching at the time (AED 2,408). 511's AED 270,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202430 October 2024 | 1,663 sqft | 4,100,000 | 2,466 | ||
| 24 Apr 202424 April 2024 | 1,663 sqft | 3,800,000 | 2,285 | ||
| 27 Mar 202427 March 2024 | 1,757 sqft | 3,700,000 | 2,106 | ||
| 21 Mar 202421 March 2024 | 2,289 sqft | 5,800,000 | 2,534 |
City Walk Residential Building 5
Building66 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2016 by Meraas. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,749
- Typical sale
- AED 3.19M
- Typical rent
- AED 230K /yr
- Typical yield
- 5.5%
Other units on the 5th floor
All 66 units in City Walk Residential Building 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,289 sqft | AED 4.2MAED 4,200,000 · Jan 2017January 2017 | ||
| 502 | 1-bed | 1,159 sqft | AED 3.19MAED 3,185,000 · Jan 2026January 2026 | 180,000 /yr | |
| 503 | 1-bed | 1,159 sqft | AED 2.09MAED 2,090,000 · Jan 2017January 2017 | 210,000 /yr | |
| 504 | 2-bed | 1,663 sqft | AED 4.1MAED 4,100,000 · Oct 2024October 2024 | 200,548 /yr | |
| 505 | 2-bed | 1,131 sqft | AED 2.8MAED 2,800,000 · Jan 2023January 2023 | 137,500 /yr | |
| 506 | 4-bed | 3,830 sqft | AED 7.49MAED 7,486,000 · Jun 2016June 2016 | 600,000 /yr | |
| 507 | 3-bed | 2,639 sqft | AED 5MAED 4,997,000 · Jun 2016June 2016 | 210,000 /yr | |
| 508 | 2-bed | 1,688 sqft | AED 3.32MAED 3,320,000 · Jan 2017January 2017 | 100,000 /yr | |
| 509 | 2-bed | 1,757 sqft | AED 875KAED 875,000 · Dec 2020December 2020 | ||
| 510 | 3-bed | 2,286 sqft | AED 4.46MAED 4,460,000 · Oct 2016October 2016 |
511, City Walk Residential Building 5 in numbers
- Sold twice: first on 17 January 2017 for AED 3,430,000, last on 18 November 2024 for AED 4,100,000 (AED 2,296 per sqft).
- Rented since January 2023 on 2 Ejari contracts, at AED 270,000 a year.
- At AED 270,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 39,200 a year (AED 21.95 per sqft).
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 511, City Walk Residential Building 5
What did unit 511 last sell for?
AED 4,100,000 on 18 November 2024: AED 2,296 per sqft for 1,785 sqft. The unit has 2 registered sales; the first was AED 3,430,000 in January 2017.
What is the rent for unit 511?
AED 270,000 a year on the contract signed on 1 December 2024. The previous contract, from January 2023, was AED 270,000.
How big is unit 511?
1,785 sqft (165.8 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.
What is unit 511 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 511, City Walk Residential Building 5
Starts from the last sale price (AED 4.1M, 18 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →