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.

Citywalk Residential Building 1 — sale prices & yield

Buy: 5.09MAED; AED 2,578/sqft
Long-let: 4.73%; AED 265,000/yr

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: -7.2%
3 years: +36.9%+11.0%/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.

Price history

Every recorded sale in Citywalk Residential Building 1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 2.60M	2236	6.35% +0.4 pts	—	1
2 bed	AED 5.09M	2578	4.73% -0.6 pts	-7.2%	6
3 bed	AED 7.65M	2755	4.14% -1.4 pts	—	2

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.

Off-plan vs resale

Units sold off-plan in Citywalk Residential Building 1 between 2017 and 2017 went for a median of AED 1,729/sqft (AED 3.04M). The same building resells today at AED 2,580/sqft (AED 5.60M) — an uplift of +84.4%.

Based on 64 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

Sales

Date	Type	Sqft	Price	AED/sqft
19 Aug 2026	1 bed	1,163	AED 2,600,000	2,236

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.

Highest rental yields in City Walk · Citywalk Residential Building 1 places 19th of 22

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.

Citywalk Residential Building 1