Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

Citywalk Residential Building 1

A 2 bed in Citywalk Residential Building 1 costs a median AED 5.09M and rents long-let for AED 265,000/yr (4.73% gross) — -0.6 pts vs City Walk's 5.29% and -2.3 pts vs Dubai's 6.98% — from 6 sales and 57 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
3 in 12 months
Rental contracts · 2 bed
38 in 12 months
Buy
5.09MAED
AED 2,578/sqft
Long-let
265,000AED
AED 138/sqft · 4.73%

Priced off the last 5 sales — most recent November 2025.

Yield spread
-0.6 pts
vs the City Walk median for this unit type
Turnover upside
+34.0%
new tenants pay more than sitting ones — 57 renewals
AED/yr/sqft
AED 138
Sales
6
Rental contracts
57
Renewal rent
AED 197,800/yr
12 months
-13.8%
3 years
+2.0%+0.7%/yr

Based on 6 sales and 57 rental contracts in the last 24 months. Rental data covers the whole No.1, No.2a, No.2b, No.3a and 3b Citywalk Residential project, not this tower alone.

Citywalk Residential Building 1 is an apartment building in City Walk, Dubai, one of the towers in the No.1, No.2a, No.2b, No.3a and 3b Citywalk Residential development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2017 to 2026, 328 registered sales in all — the 6 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 165,0001336.35%
+0.4 pts
30
2 bedAED 265,0001384.73%
-0.6 pts
57
3 bedAED 300,0001384.14%
-1.4 pts
35

Deltas compare each yield with the City Walk median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 3 bed: Priced off the last 5 sales — most recent April 2025.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

DateTypeSqftPriceAED/sqft
19 Aug 20261 bed1,163AED 2,600,0002,236

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Burj Khalifa

Compare with nearby buildings

The most-traded buildings in No.1, No.2a, No.2b, No.3a and 3b Citywalk Residential, on the same figures over the same window.

Common questions

What is the rental yield in Citywalk Residential Building 1?
Citywalk Residential Building 1 returns 4.73% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 57 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Citywalk Residential Building 1 cost?
The median registered sale price is AED 5.09M (2,578 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Citywalk Residential Building 1 risen or fallen?
Median price per square foot moved -7.2% over the last 12 months against the 12 before it, on 6 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Citywalk Residential Building 1 compare with City Walk?
Its 4.73% gross yield sits -0.6 pts against the City Walk median of 5.29%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Citywalk Residential Building 1 pay more than sitting ones?
A new tenant pays +34.0% against a renewing one, across 57 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Citywalk Residential Building 1 rental record

Record type
Building-level property market record
Data date
Evidence base
57 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/city-walk/citywalk-residential-building-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Citywalk Residential Building 1 rents and yield.” City Walk, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/city-walk/citywalk-residential-building-1.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.