A typical residential sale here is AED 3,545,400 for about 1,194 sqft in the last 12 months (1,459 sales); across all 10,244 recorded sales the median is AED 3,048,312.
Ready-home prices here have moved +104.0% across the 121 months (Jul 2016 – Aug 2026) of Land Department records we hold — a pace of +7% a year if it continued.
That is the whole 121 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Off-plan and ready are different markets
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
77%
Sold off-plan
of 10,244 sales
Off-plan
AED 2,554/sqft
7,886 recorded sales
Ready
AED 1,975/sqft
2,358 recorded sales
Off-plan trades 29% above completed homes here. A single blended figure would sit between the two and describe neither.
What each size costs in City Walk
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
Size
Typical home
Price, last 12 months · ready and off-plan
Per sqft, all years
Typical rent
Sales, all years
Studio
395 sqft
AED 1,297,000
81 sales
all years AED 1,258,000
AED 3,176/sqft
—
118
1 bed
823 sqft
AED 2,650,000
578 sales
all years AED 2,079,000
AED 2,369/sqft
AED 145,000/yr
328 tenancies
3,487
2 beds
1,509 sqft
AED 4,150,000
509 sales
all years AED 3,367,900
AED 2,269/sqft
AED 225,000/yr
416 tenancies
4,366
3 beds
2,323 sqft
AED 7,928,500
242 sales
all years AED 5,207,500
AED 2,302/sqft
AED 330,000/yr
120 tenancies
1,782
4 beds
4,220 sqft
AED 16.69M
33 sales
all years AED 9,761,000
AED 3,012/sqft
AED 705,000/yr
11 tenancies
258
5 beds
9,188 sqft
AED 47M
11 sales
all years AED 39.78M
AED 4,406/sqft
—
42
What exists here, and who may own it
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
8,224
In City Walk, from the Land Department's register of flats.
Freehold
100%
Every unit in City Walk with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
1,367 sqft
Median of the 8,217 units that record one.
By size of home
2 B/R3,217
1 B/R2,833
3 B/R1,474
4 B/R316
Studio123
5 B/R64
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
Rental market
From 2,100 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 195,000/yr
for ~1,586 sqft
Rent per sqft
AED 120/sqft
per year
Renewals
56%
of contracts
Contracts
2,100
last 12 months
What it costs to rent here
Median annual rent, by size of home.
1 bedAED 145,000/yr
2 bedsAED 225,000/yr
3 bedsAED 330,000/yr
4 bedsAED 705,000/yr
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 35% less per sqft than someone signing a new lease here.
What it returns
A year’s rent against what completed homes of that size actually sold for in City Walk over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
Size
Costs now, ready
Rents for
Gross yield
Ready sales, 12m
1 bed
AED 2.65M
AED 145,000/yrby bedroom · 328 new lets
5.5%
105
2 beds
AED 4.5M
AED 225,000/yrby bedroom · 416 new lets
5.0%
157
3 beds
AED 6.59M
AED 330,000/yrby bedroom · 120 new lets
5.0%
53
4 beds
AED 12.75M
AED 705,000/yrby bedroom · 11 new lets
5.5%
10
The best gross yield here is on a 4 beds at 5.5%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 7.0% instead of 5.5%, because it prices the home at AED 2.08M — the median across every sale on record — rather than the AED 2.65M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
Size
Charge / year
Rent after it
Gross
Net
1 bed
AED 12,340
AED 132,660
5.5%
5.0%
2 beds
AED 22,635
AED 202,365
5.0%
4.5%
3 beds
AED 34,846
AED 295,154
5.0%
4.5%
4 beds
AED 63,303
AED 641,697
5.5%
5.0%
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about City Walk
How much is rent in City Walk?
a 1-bedroom rents for a median AED 145,000/yr, a 2-bedroom for AED 225,000/yr, a 3-bedroom for AED 330,000/yr, a 4-bedroom for AED 705,000/yr. These are medians of tenancy contracts registered with Ejari in City Walk over the last twelve months — what tenants agreed to pay, not advertised asking rents. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
How much do properties cost in City Walk?
The median residential sale price in City Walk was AED 3,128/sqft in August 2026, from 53 sales registered that month. Over the last 12 months a typical home here sold for about AED 3.55M and measured about 1,194 sqft (1,459 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
What rental yield does City Walk give?
Gross yields on ready homes in City Walk run about 5.5% on a 1-bedroom apartment, 5.0% on a 2-bedroom apartment, 5.0% on a 3-bedroom apartment, 5.5% on a 4-bedroom apartment, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is City Walk freehold?
Yes. Every unit in City Walk whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 8,224 units for the area.
How have property prices in City Walk changed over the last two years?
Ready homes in City Walk sold for a median AED 2,674/sqft in Q2 2026 (104 sales), against AED 2,186/sqft in Q3 2024 (60 sales): +22.3% across those quarters. By quarter, the ready-home median was AED 2,186/sqft in Q3 2024, AED 2,150/sqft in Q4 2024, AED 2,720/sqft in Q1 2025, AED 2,807/sqft in Q2 2025, AED 2,830/sqft in Q3 2025, AED 2,875/sqft in Q4 2025, AED 3,004/sqft in Q1 2026, AED 2,674/sqft in Q2 2026. Off-plan registrations ran at AED 3,360/sqft in Q2 2026 (207 registrations) and are never pooled with ready homes here. These are medians of registered sales, not an index: a quarter's move against the one before it partly reflects which homes sold.
Is City Walk mostly off-plan or completed homes?
78% of the 1,459 sales registered in City Walk in the last 12 months were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Prices by quarter, Q3 2024 to Q2 2026
Median registered sale price per sqft in City Walk, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
Quarter
Ready homes · median per sqft
vs a year earlier
Off-plan · median per sqft
Q3 2024
AED 2,186/sqft60 sales
—
AED 2,962/sqft487 registrations
Q4 2024
AED 2,150/sqft153 sales
—
AED 2,808/sqft120 registrations
Q1 2025
AED 2,720/sqft117 sales
+28.1%
AED 2,930/sqft156 registrations
Q2 2025
AED 2,807/sqft174 sales
+28.8%
AED 3,255/sqft748 registrations
Q3 2025
AED 2,830/sqft73 sales
+29.5%
AED 3,214/sqft400 registrations
Q4 2025
AED 2,875/sqft81 sales
+33.7%
AED 3,212/sqft318 registrations
Q1 2026
AED 3,004/sqft77 sales
+10.4%
AED 3,345/sqft448 registrations
Q2 2026
AED 2,674/sqft104 sales
-4.8%
AED 3,360/sqft207 registrations
Ready-home median +22.3% from Q3 2024 (AED 2,186/sqft, 60 sales) to Q2 2026 (AED 2,674/sqft, 104 sales).
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Median price per sqft trend
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
Areas at a similar price
Closest to City Walk on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
