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Citywalk Residential Building 16

A 2 bed in Citywalk Residential Building 16 costs a median AED 3.88M and rents long-let for AED 250,000/yr (6.85% gross) — +1.6 pts vs City Walk's 5.29% and -0.1 pts vs Dubai's 6.98% — from 4 sales and 23 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
2 in 12 months
Rental contracts · 2 bed
12 in 12 months
Buy
3.88MAED
AED 2,205/sqft
Long-let
250,000AED
AED 139/sqft · 6.85%

Priced off the last 5 sales — most recent June 2026.

Yield spread
+1.6 pts
vs the City Walk median for this unit type
Turnover upside
+22.9%
new tenants pay more than sitting ones — 35 renewals
AED/yr/sqft
AED 139
Sales
4
Rental contracts
23
Renewal rent
AED 203,500/yr
12 months
+0.0%
3 years
+6.4%+2.1%/yr

Based on 4 sales and 23 rental contracts in the last 24 months. Rental data covers the whole No.15 & No.16 Citywalk Residential project, not this tower alone. Thin sample — treat these figures as indicative.

Citywalk Residential Building 16 is an apartment building in City Walk, Dubai, one of the towers in the No.15 & No.16 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, 220 registered sales in all — the 4 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 190,0001556.81%
+0.8 pts
11
2 bedAED 250,0001396.85%
+1.6 pts
23
3 bedAED 450,0001467.50%
+2.0 pts
5

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.
  • 1 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
15 Jun 20262 bed1,760AED 4,100,0002,329

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.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
7
Flats
64
Lifts
8
Parking bays
111
Swimming pools
2
Flats per lift
8
Parking per flat
1.73
Pools per 100 flats
3.13

Nearby

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

Compare with nearby buildings

The most-traded buildings in City Walk, on the same figures over the same window.

Common questions

What is the rental yield in Citywalk Residential Building 16?
Citywalk Residential Building 16 returns 6.85% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 23 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Citywalk Residential Building 16 cost?
The median registered sale price is AED 3.88M (2,205 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Citywalk Residential Building 16 risen or fallen?
Median price per square foot moved -1.8% over the last 12 months against the 12 before it, on 4 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Citywalk Residential Building 16 compare with City Walk?
Its 6.85% gross yield sits +1.6 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 16 pay more than sitting ones?
A new tenant pays +22.9% against a renewing one, across 35 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 16 rental record

Record type
Building-level property market record
Data date
Evidence base
23 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-16
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Citywalk Residential Building 16 rents and yield.” City Walk, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/city-walk/citywalk-residential-building-16.

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.