Myrtle

1. Does it pay a good rent?4.9% gross, before the service charge (not on file) (Dubai median 6.8%)4.9%Watch
2. Is it easy to let?77 yearly leases, new and renewed, across 129 units in 12 months60%Fair
3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
4. Are prices going up?1 bed: AED 2,773/sqft a year ago, 2,962 now+6.8%Strength
5. How fast do fees pay back?AED 135,350 in fees to buy a 1 bed; rent covers it in 1.3 years1.3 yrs
6. Can I sell easily?31 sales in 12 months, 24% of the tower (19 the year before)31Strength
7. 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
8. Did earlier buyers gain?Up 53% for launch buyers, before fees+52.9%Context

31 resales in the last 12 months, against 22 a year on average over 2023–2025.

At 1 bed, Myrtle has registered sale prices 2% above the City Walk median price per square foot of 2,906 AED, across 22 eligible buildings. It ranks 8th of 22 by price per square foot in City Walk.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  20 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  55 new and 6 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  Myrtle: recorded complete 2025-04-01 · register data to 2026-07-06
  On record
• Developer
  Citywalk Residential 1 · delivery record
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Myrtle?

Myrtle returns 4.9% gross: a median new-contract rent of AED 105,000 a year (55 Ejari contracts in 12 months) over a price benchmark of AED 2.15M (median of 20 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in Myrtle cost?

The median registered sale price is AED 2.15M (2,962 AED/sqft), from 20 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Myrtle selling for right now?

Registered sales of ready units in Myrtle over the last 12 months have a median of 2,962 AED/sqft, across 20 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Myrtle risen or fallen?

Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 20 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Myrtle compare with City Walk?

Its 4.9% gross yield sits -0.7 pts against the City Walk median of 5.6%, 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.