Citywalk Residential Building 22
- Completed 2017
- Master developer Citywalk Residential 1
A 3 bed in Citywalk Residential Building 22 costs a median AED 9.00M, rents long-let for AED 380,000/yr (4.2% gross), and returns 2.2% short-term at the assumed 70% occupancy.
3 bed · typical price
9.00MAED
AED 2,989/sqft
- Rent a year
- AED 380,000
- Gross yield
- 4.2%
- vs City Walk
- 8% below the median
Cost to buy, all inAED 9.55M
- Price
- AED 9.00M
- DLD fee 4%
- AED 360,000
- Agent 2% + VAT
- AED 189,000
- Trustee
- AED 4,200
Fees repaid by rent17 months
Is Citywalk Residential Building 22 a good investment?The rent pays below the Dubai median and lots of new supply is coming
- Does it pay a good rent?4.2% gross, before the service charge (not on file) (Dubai median 6.8%)4.2%Watch
- Are rents going up?New 3 bed leases: AED 375,000 a year ago, AED 380,000 now (pooled across the project)+1.3%
- How fast do fees pay back?AED 553,200 in fees to buy a 3 bed; rent covers it in 1.5 years1.5 yrs
- Can I sell easily?6 sales in 12 months (4 the year before)6
- 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 104% for buyers 5 years ago; up 103% for launch buyers, before fees+103.8%Context
Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026
Citywalk Residential Building 22 prices and rents by unit typeA three-bed costs about AED 9.00M and rents for about AED 380,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
3 bed · price per sqft · City Walk · area median AED 3,266/sqft
- vs area median
- -8.5%
- Rank by price per sqft
- 11th of 14
- Off-plan price gain, 2016–2016
- +125.1% · +8.4%/yr
Rental income
3 bed · City Walk
- Gross yield
- 4.2%
- Median new rent
- AED 380,000/yr
- Yield vs area median
- -1.0 pts
- Yield vs Dubai (6.8%)
- -2.5 pts
- Renewal rent
- AED 310,250/yr
- New tenants pay vs sitting (14 renewals)
- +22.5%
Short-term income
3 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 1,168
- Net revenue
- AED 201,668/yr
- vs long-let rent
- 0.5×
- Listings seen
- 1+
Read with care
- Rental data covers the whole No.20, No.21a, No.21b and No.22 Citywalk Residential project, not this tower alone.
- Thin sample — 3 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, 3 bed: Aug 2016, AED 3,396,000; latest, Sep 2026, AED 8,500,000; peak, Apr 2025, AED 10,500,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,780 · before fees
- Launch, 2016
- 1,371
- +103%
- 64 sales
- 5 years ago
- 1,364
- +104%
- 7 sales
- 3 years ago
- 2,016
- +38%
- 6 sales
- Previous 12 months
- 2,631
- +6%
- 4 sales
- Last 12 months
- 2,780
- today
- 6 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.
6 resales in the last 12 months, against 4 a year on average over 2023–2025.
6 resales in the last 12 months.
Short-term rates around Citywalk Residential Building 22
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
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 22 places 25th of 43; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Citywalk Residential Building 22 (AED 2,780/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 3 bed, Citywalk Residential Building 22 has registered sale prices 8% below the City Walk median price per square foot of 3,266 AED, across 14 eligible buildings. It ranks 11th of 14 by price per square foot in City Walk.
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.
The No.20, No.21a, No.21b and No.22 Citywalk Residential towers
4 towers in No.20, No.21a, No.21b and No.22 Citywalk Residential, at the bedroom type above.
Ejari files No.20, No.21a, No.21b and No.22 Citywalk Residential’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
City Walk: every development at this typeCity Walk: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 3 bed. A median needs 3 rows; a dash with a count means fewer.
About Citywalk Residential Building 22
Citywalk Residential Building 22 is an apartment building completed in 2017 by Citywalk Residential 1 in City Walk. 138 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Citywalk Residential 1
Drive times · typical
- Downtown
- 11 min · 3.8 km
- DXB Airport
- 15 min · 15 km
- DIFC
- 7 min · 5.5 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 22: AED 2,780 per sq ft, 4% 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 22AED 2,780
- 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 22City 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 22, on the mapPrices per sq ft around Citywalk Residential Building 22, 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 · 3 bedRead with care
- Rental evidence · 3 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
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 3 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 22’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
- 35,017AED
- 4.5% over 25 years
- Monthly rent
- 31,667AED
- AED 380,000 a year
- Cash needed at purchase
- 3,334,950AED
- 30% down plus AED 634,950 in fees
Owning costs AED 1.27M less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in Citywalk Residential Building 22?
- Citywalk Residential Building 22 returns 4.2% gross: a median new-contract rent of AED 380,000 a year (8 Ejari contracts in 12 months) over a price benchmark of AED 9.00M (median of 3 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 3 bedroom in Citywalk Residential Building 22 cost?
- The median registered sale price is AED 9.00M (2,989 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does Citywalk Residential Building 22 compare with City Walk?
- Its 4.2% gross yield sits -1.0 pts against the City Walk median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 3 bedroom in Citywalk Residential Building 22?
- The median new annual rent is AED 380,000, from 8 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 22 risen or fallen?
- The median new annual rent changed +1.3% in the trailing 12 months against the previous 12, using 8 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.
For agents
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Citywalk Residential Building 22 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Cite as: Dubai Wealth Index. “Citywalk Residential Building 22 sale prices and yield.” City Walk, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/city-walk/citywalk-residential-building-22
Stable dataJSON