3-bed · 2,318 sqftCity Walk Residential Building 9, City Walk · 4th floor · completed 2016

408, City Walk Residential Building 9

Sold prices and rental history: sold twice, last in October 2018, and rented once, from May 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 28 October 2018
Last soldAED 3.9M28 October 2018
Current rentAED 250K /yr1 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, City Walk Residential Building 9

What is 408 worth today?

Last sold for AED 3,900,000 in 2018

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28 Oct 2018SoldReady
AED 3,900,000AED 1,682 per sqft
1 May 2017RentedNew contract
AED 250,000/yr12 months · AED 108 per sqft
27 Nov 2016Sold by developerOff-plan
AED 3,169,000AED 1,366 per sqft

Source: Dubai Land Department. Updated 28 October 2018.

Key facts

Type
3-bed apartment
Size
2,318 sqft
Floor
4th of 5
Parking
B-163, B-164
Developer
Meraas
Completed
2016
Service charge
AED 50,900 /yr
Last sold
AED 3.9M · October 2018

About 408, City Walk Residential Building 9

408 is a three-bedroom apartment of 2,318 sqft on the 4th floor of City Walk Residential Building 9, a 5-storey tower in City Walk completed in 2016 by Meraas. It last sold on 28 October 2018 for AED 3,900,000, or AED 1,682 per sqft.

One Ejari contract is registered, from 1 May 2017. The current contract, signed on 1 May 2017, is AED 250,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 50,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical three-bed in City Walk Residential Building 9
3M4M5M2016201920222025Typical sale price by year: 2016 AED 3,169,500; 2023 AED 4,500,000; 2024 AED 5,050,000; 2025 AED 4,700,000Sold by developer, November 2016: AED 3,169,000 (AED 1,366 per sqft)Sold, October 2018: AED 3,900,000 (AED 1,682 per sqft)

408 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 408, each contractTypical three-bed in City Walk Residential Building 9
200K300K400K2016201920222025Typical rent by year: 2016 AED 260,000; 2017 AED 262,500; 2018 AED 222,500; 2019 AED 225,000; 2020 AED 212,500; 2021 AED 200,000; 2022 AED 200,000; 2023 AED 332,735; 2024 AED 380,000; 2025 AED 320,000New contract, May 2017: AED 250,000 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 9, and where 408 sits

All 18 3-beds →

408's AED 250,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Mar 20256,480,000
20 Jan 20254,700,000
16 Jan 20253,893,754
22 Nov 20245,350,000
0 3-bed sales in the last 12 months

City Walk Residential Building 9

Building

68 apartments, 1-bed to 4-bed over 5 floors in City Walk, completed in 2016 by Meraas. 5 sold in the last 12 months.

Typical price per sqft
AED 2,161
Typical sale
AED 2.8M
Typical rent
AED 240K /yr
Typical yield
7.4%
City Walk Residential Building 9, City Walk: prices, sales and rents →
Value
4014-bedAED 8.75M · Jan 2026
4021-bedAED 2.8M · Sep 2026
4042-bedAED 2.8M · Apr 2022
4051-bedAED 3M · Mar 2025
4061-bedAED 2.8M · Jan 2026
4073-bedAED 3.95M · Jul 2022
4092-bedAED 3.58M · Mar 2023
1–7 of 13

408, City Walk Residential Building 9 in numbers

  • Sold twice: first on 27 November 2016 for AED 3,169,000, last on 28 October 2018 for AED 3,900,000 (AED 1,682 per sqft).
  • Rented since May 2017 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2018 price is 6.4%, before a service charge of about AED 50,900 a year (AED 21.95 per sqft).

Source: Dubai Land Department. Updated 28 October 2018.

Questions about 408, City Walk Residential Building 9

What did unit 408 last sell for?

AED 3,900,000 on 28 October 2018: AED 1,682 per sqft for 2,318 sqft. The unit has 2 registered sales; the first was AED 3,169,000 in November 2016.

What is the rent for unit 408?

AED 250,000 a year on the contract signed on 1 May 2017.

How big is unit 408?

2,318 sqft (215.3 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2016.

What is unit 408 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 408, City Walk Residential Building 9

Starts from the last sale price (AED 3.9M, 28 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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