Citywalk Residential Building 16
- Completed 2017
- 64 units
- 7 floors
- 8 lifts
- 111 parking bays
- 2 pools
- Master developer Citywalk Residential 1
A 2 bed in Citywalk Residential Building 16 costs a median AED 3.88M and rents long-let for AED 250,000/yr.
2 bed · typical price
3.88MAED
AED 2,205/sqft
- Rent a year
- AED 250,000
- vs City Walk
- 27% below the median
Cost to buy, all inAED 4.12M
- Price
- AED 3.88M
- DLD fee 4%
- AED 155,000
- Agent 2% + VAT
- AED 81,375
- Trustee
- AED 4,200
Fees repaid by rent12 months
Is Citywalk Residential Building 16 a good investment?The rent pays below the Dubai median, few units change hands and lots of new supply is coming
- Does it pay a good rent?4.3% gross, before the service charge (not on file) (Dubai median 6.8%)4.3%Watch
- Are rents going up?New 2 bed leases: AED 250,000 a year ago, AED 250,000 now (pooled across the project)0.0%
- How fast do fees pay back?AED 240,575 in fees to buy a 2 bed; rent covers it in 1.0 years1.0 yrs
- Can I sell easily?4 sales in 12 months, 4% of the tower (3 the year before)4Watch
- Is a lot being built nearby?1,042 apartments are planned in City Walk from 2026 to 2028, equal to 99% of the 1,056 homes let there today. City Walk supply by year →99%Watch
- Did earlier buyers gain?Up 37% for buyers 5 years ago; up 42% for launch buyers, before fees+36.8%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Citywalk Residential Building 16 prices and rents by unit typeA two-bed costs about AED 3.88M and rents for about AED 250,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · City Walk · area median AED 3,033/sqft
- vs area median
- -27.3%
- Off-plan price gain, 2017–2017
- +19.4% · +2.0%/yr
Rental income
2 bed · City Walk
- Median new rent
- AED 250,000/yr
- Renewal rent
- AED 210,000/yr
- New tenants pay vs sitting (15 renewals)
- +19.1%
Read with care
- Rental data covers the whole No.15 & No.16 Citywalk Residential project, not this tower alone.
- Thin sample — 2 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Mar 2017, AED 3,256,500; latest, Jun 2026, AED 3,875,000; peak, May 2025, AED 4,350,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,525 · before fees
- Launch, 2017
- 1,783
- +42%
- 30 sales
- 5 years ago
- 1,846
- +37%
- 12 sales
- 3 years ago
- 1,978
- +28%
- 14 sales
- Previous 12 months
- 2,496
- +1%
- 3 sales
- Last 12 months
- 2,525
- today
- 4 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
4 resales in the last 12 months.
Comparables in City Walk
Every City Walk building with a page, ranked by price per sqft over the same 12 months, all unit types. Citywalk Residential Building 16 places 36th of 43; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Citywalk Residential Building 16 (AED 2,525/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Citywalk Residential Building 16 has registered sale prices 27% below the City Walk median price per square foot of 3,033 AED, across 22 eligible buildings.
Market context in City Walk
Registered sales activity
265 ready apartment sales in the 12 months to 2026-10-12.
+5.7% in median AED/sqft versus the preceding year, supported by 265 current and 222 prior price observations.
Explore sales activityPlanned apartment projects
212 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,042 apartments are planned in City Walk from 2026 to 2028, equal to 99% of the 1,056 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Citywalk Residential Building 16
Citywalk Residential Building 16 is an apartment building completed in 2017 by Citywalk Residential 1 in City Walk with 64 registered units. 111 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 7
- Lifts
- 8
- Parking bays
- 111
- Pools
- 2
- Master developer
- Citywalk Residential 1
Drive times · typical
- Downtown
- 12 min · 4.1 km
- DXB Airport
- 16 min · 15 km
- DIFC
- 8 min · 5.9 km
- Dubai Marina
- 18 min · 20 km
- Palm Jumeirah
- 24 min · 24 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Citywalk Residential Building 16: AED 2,525 per sq ft, 13% below the median City Walk building, and a 4.3% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Citywalk Residential Building 16AED 2,525
- City Walk, readyAED 2,677
- City Walk, off-planAED 3,331
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Citywalk Residential Building 16City Walk median building
- City Walk4.3% vs 5.1%
More from Citywalk Residential 1
Citywalk Residential Building 18A
City Walk · 70 sales, 12 months
4.80M
AED, resale median · 2,669/sqft
Erin
City Walk · 31 sales, 12 months
2.60M
AED, resale median · 2,919/sqft
Myrtle
City Walk · 31 sales, 12 months
2.30M
AED, resale median · 3,036/sqft
Castleton
City Walk · 27 sales, 12 months
3.67M
AED, resale median · 2,886/sqft
Nearby in City Walk
Prices per sq ft around Citywalk Residential Building 16, on the mapPrices per sq ft around Citywalk Residential Building 16, on the map
Citywalk Residential Building 18A
City Walk · 70 sales, 12 months
4.80M
AED, resale median · 2,669/sqft
Myrtle
City Walk · 31 sales, 12 months
2.30M
AED, resale median · 3,036/sqft
Erin
City Walk · 31 sales, 12 months
2.60M
AED, resale median · 2,919/sqft
Castleton
City Walk · 27 sales, 12 months
3.67M
AED, resale median · 2,886/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedRead with care
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Citywalk Residential Building 16’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 17,231AED
- 4.5% over 25 years
- Monthly rent
- 20,833AED
- AED 250,000 a year
- Cash needed at purchase
- 1,057,325AED
- 20% down plus AED 282,325 in fees
Owning costs AED 914,860 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Citywalk Residential Building 16?
- No gross yield is published for Citywalk Residential Building 16 as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 2 registered sales and 13 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The City Walk median is 5.5% gross.
- 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 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What is the registered annual rent for a 2 bedroom in Citywalk Residential Building 16?
- The median new annual rent is AED 250,000, from 13 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Citywalk Residential Building 16 risen or fallen?
- The median new annual rent changed 0.0% in the trailing 12 months against the previous 12, using 13 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Citywalk Residential Building 16 pay more than sitting ones?
- A new tenant pays +19.1% against a renewing one, across 15 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
For agents
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Citywalk Residential Building 16 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 2 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Citywalk Residential Building 16 sale prices and yield.” City Walk, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/city-walk/citywalk-residential-building-16
Stable dataJSON