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.

Citywalk Residential Building 16 — sale prices & yield

Buy: 3.88MAED; AED 2,205/sqft
Long-let: 6.85%; AED 250,000/yr

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: -1.8%
3 years: +19.8%+6.2%/yr
5 years: +17.2%+3.2%/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.

Price history

Every recorded sale in Citywalk Residential Building 16, 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 2.91M	2174	6.81% +0.8 pts	—	2
2 bed	AED 3.88M	2205	6.85% +1.6 pts	-1.8%	4
3 bed	AED 7.00M	2720	7.50% +2.0 pts	—	1

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.

Off-plan vs resale

Units sold off-plan in Citywalk Residential Building 16 between 2017 and 2017 went for a median of AED 1,783/sqft (AED 3.18M). The same building resells today at AED 2,329/sqft (AED 3.65M) — an uplift of +14.7%.

Based on 30 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
15 Jun 2026	2 bed	1,760	AED 4,100,000	2,329

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.

Highest rental yields in City Walk · Citywalk Residential Building 16 places 10th of 22

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.

Citywalk Residential Building 16