2-bed · 1,556 sqftLaurel, City Walk · 1st floor · completed 2025

116, Laurel

Sold prices and rental history: sold twice, last in February 2026, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 3 November 2026
Last soldAED 3.65M19 February 2026
Current rentAED 199K /yr3 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Laurel

What is 116 worth today?

Last sold for AED 3,650,000 in 2026

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3 Nov 2026RentedNew contract
AED 198,930/yr6 months · AED 128 per sqft
19 Feb 2026SoldOff-plan
AED 3,650,000AED 2,345 per sqft
7 Dec 2022Sold by developerOff-plan
AED 2,691,000AED 1,729 per sqft

Source: Dubai Land Department. Updated 3 November 2026.

Key facts

Type
2-bed apartment
Size
1,556 sqft
Floor
1st of 11
Parking
1
Developer
Meraas
Completed
2025
Last sold
AED 3.65M · February 2026
Building
Laurel

About 116, Laurel

116 is a two-bedroom apartment of 1,556 sqft on the 1st floor of Laurel, a 11-storey tower in City Walk completed in 2025 by Meraas. It last sold on 19 February 2026 for AED 3,650,000, or AED 2,345 per sqft, 20% below the AED 2,917 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 November 2026. The current contract, signed on 3 November 2026, is AED 198,930 a year: a gross yield of 5.5% on the 2026 price.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Laurel
3M4M202220242026Typical sale price by year: 2022 AED 2,777,000; 2023 AED 2,762,000; 2024 AED 3,310,000; 2025 AED 3,590,000; 2026 AED 4,050,000Sold by developer, December 2022: AED 2,691,000 (AED 1,729 per sqft)Sold, February 2026: AED 3,650,000 (AED 2,345 per sqft)

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

2-beds in Laurel, and where 116 sits

All 76 2-beds →

116 last sold in February 2026 at AED 2,345 per sqft, 20% below what two-beds in Laurel were fetching at the time (AED 2,917). Over the last 12 months two-beds sold for AED 3,400,000 to 4,300,000, around AED 2,926 per sqft, and rent for AED 175,000 to 250,000 a year. 116's AED 198,930 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20263,400,000
6 May 20264,100,000
18 Feb 20264,050,000
3 Feb 20264,300,000
7 2-bed sales in the last 12 months

Laurel

Building

217 apartments, 1-bed to 5-bed over 11 floors in City Walk, completed in 2025 by Meraas. 21 sold in the last 12 months.

Typical price per sqft
AED 2,926 Up 3.5%
Typical sale
AED 3.4M
Typical rent
AED 189K /yr
Typical yield
5.5%
Laurel, City Walk: prices, sales and rents →

Other units on the 1st floor

All 217 units in Laurel
Value
1012-bedAED 2.76M · Dec 2022
1021-bedAED 1.98M · Dec 2022
1031-bedAED 2.3M · Jun 2024
1041-bedAED 2.3M · Jun 2024
1051-bedAED 1.62M · Dec 2022
1061-bedAED 1.55M · Jan 2023
1071-bedAED 1.85M · May 2024
1–7 of 18

116, Laurel in numbers

  • Sold twice: first on 7 December 2022 for AED 2,691,000, last on 19 February 2026 for AED 3,650,000 (AED 2,345 per sqft).
  • Rented since November 2026 on one Ejari contract, at AED 198,930 a year.
  • At AED 198,930 a year the gross yield on the 2026 price is 5.5%.
  • Two-beds in Laurel sold for AED 3,400,000–4,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,926 per sqft.

Source: Dubai Land Department. Updated 3 November 2026.

Questions about 116, Laurel

What did unit 116 last sell for?

AED 3,650,000 on 19 February 2026: AED 2,345 per sqft for 1,556 sqft. The unit has 2 registered sales; the first was AED 2,691,000 in December 2022.

What is the rent for unit 116?

AED 198,930 a year on the contract signed on 3 November 2026.

How big is unit 116?

1,556 sqft (144.6 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2025.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Laurel sold for AED 3,400,000 to 4,300,000 in the last 12 months, around AED 2,926 per sqft.

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Mortgage on 116, Laurel

Starts from the last sale price (AED 3.65M, 19 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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