Community · #76 by 12M value
City Walk
Market bulletin · Thu, 22 Oct 2026
City Walk: median AED 2,750/sqft, flat over three months on 28 sales
City Walk recorded 14 sales worth AED 52.5M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 4 sales were registered (AED 15.2M), against 3 the week before.
The median sale over the last three months was AED 2.90M, or AED 2,750/sqft — like-for-like prices per sqft flat on the previous three months and up 4.8% on a year earlier. Monthly medians over the past year ranged from AED 2,467/sqft to AED 2,991/sqft.
By market over 12 months: off-plan resales 24%, secondary (ready) sales 76%.
City Walk Residential Building 18A was the most active project by value over 12 months (61 sales, AED 350M), and Meraas Development the leading developer with 99.5% of value.
Leases registered in the last three months had a median annual rent of AED 206K; like-for-like rent per sqft is up 0.5% on the previous three months. The best gross yield is on 1 BR apartments at about 5.5%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 2,830 |
| Sept 26 | AED 2,467 |
| Aug 26 | AED 2,692 |
| Jul 26 | AED 2,736 |
| Jun 26 | AED 2,666 |
| May 26 | AED 2,490 |
| Apr 26 | AED 2,664 |
| Mar 26 | AED 2,991 |
| Feb 26 | AED 2,891 |
| Jan 26 | AED 2,757 |
| Dec 25 | AED 2,921 |
| Nov 25 | AED 2,817 |
| Oct 25 | AED 2,773 |
| Sept 25 | AED 2,580 |
| Aug 25 | AED 2,776 |
| Jul 25 | AED 2,808 |
| Jun 25 | AED 2,700 |
| May 25 | AED 2,729 |
| Apr 25 | AED 2,507 |
| Mar 25 | AED 2,764 |
| Feb 25 | AED 2,482 |
| Jan 25 | AED 2,411 |
| Dec 24 | AED 2,270 |
| Nov 24 | AED 2,401 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | — | — | AED 2,830 |
| Sept 26 | — | — | AED 2,467 |
| Aug 26 | — | — | — |
| Jul 26 | — | — | — |
| Jun 26 | — | — | — |
| May 26 | — | — | — |
| Apr 26 | — | — | AED 2,664 |
| Mar 26 | — | — | — |
| Feb 26 | — | AED 2,914 | AED 2,867 |
| Jan 26 | — | — | AED 2,620 |
| Dec 25 | — | AED 3,142 | AED 2,640 |
| Nov 25 | — | — | AED 2,771 |
| Oct 25 | — | — | AED 2,485 |
| Sept 25 | — | — | AED 2,397 |
| Aug 25 | — | — | AED 2,509 |
| Jul 25 | — | AED 2,843 | AED 2,774 |
| Jun 25 | — | — | AED 2,683 |
| May 25 | — | AED 2,847 | AED 2,570 |
| Apr 25 | — | AED 2,744 | AED 2,334 |
| Mar 25 | — | AED 2,870 | AED 2,309 |
| Feb 25 | — | AED 2,795 | AED 2,227 |
| Jan 25 | — | AED 2,585 | AED 2,207 |
| Dec 24 | — | — | AED 2,047 |
| Nov 24 | — | — | AED 2,297 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 10 |
| Sept 26 | 0 | 0 | 10 |
| Aug 26 | 0 | 1 | 7 |
| Jul 26 | 0 | 3 | 7 |
| Jun 26 | 0 | 3 | 5 |
| May 26 | 0 | 1 | 4 |
| Apr 26 | 0 | 1 | 63 |
| Mar 26 | 0 | 5 | 2 |
| Feb 26 | 0 | 11 | 15 |
| Jan 26 | 0 | 8 | 14 |
| Dec 25 | 0 | 11 | 13 |
| Nov 25 | 0 | 9 | 19 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 14 | up 100.0% | AED 52.5M | 2,804 | up 3.7% |
| Last 3 months | 28 | down 50.0% | AED 114M | 2,750 | up 2.8% |
| Last 6 months | 84 | down 40.8% | AED 401M | 2,674 | down 4.7% |
| Last 12 months | 229 | down 44.3% | AED 1.04B | 2,710 | up 6.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 55 | 24% | AED 3.14M | 2,912 | up 4.3% |
| Secondary (ready) | 174 | 76% | AED 4.40M | 2,674 | up 12.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 9 | 4% | AED 615K | 2,456 | up 3.5% |
| 1 bedroom | 79 | 34% | AED 2.55M | 2,681 | up 6.2% |
| 2 bedrooms | 82 | 36% | AED 4.40M | 2,802 | up 10.2% |
| 3 bedrooms | 47 | 21% | AED 6.50M | 2,674 | down 0.9% |
| 4 bedrooms | 12 | 5% | AED 9.95M | 3,370 | up 3.9% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 220 | 96% | AED 4.08M | 2,733 | up 6.3% |
| Hotel apartments | 9 | 4% | AED 615K | 2,456 | up 3.5% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 17 | 7% | AED 637K | 2,412 | up 2.9% |
| AED 2M–10M | 205 | 90% | AED 4.10M | 2,733 | up 4.8% |
| AED 10M–50M | 7 | 3% | AED 14.5M | 3,534 | up 6.7% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 195K |
| Sept 26 | AED 208K |
| Aug 26 | AED 222K |
| Jul 26 | AED 220K |
| Jun 26 | AED 231K |
| May 26 | AED 205K |
| Apr 26 | AED 209K |
| Mar 26 | AED 250K |
| Feb 26 | AED 231K |
| Jan 26 | AED 250K |
| Dec 25 | AED 245K |
| Nov 25 | AED 225K |
| Oct 25 | AED 235K |
| Sept 25 | AED 173K |
| Aug 25 | AED 262K |
| Jul 25 | AED 254K |
| Jun 25 | AED 200K |
| May 25 | AED 220K |
| Apr 25 | AED 205K |
| Mar 25 | AED 214K |
| Feb 25 | AED 217K |
| Jan 25 | AED 240K |
| Dec 24 | AED 196K |
| Nov 24 | AED 210K |
- Leases (12M)
- 1,039
- New leases
- 53.1%
- Median rent 3M
- AED 206K
- Rent/sqft 3M
- AED 137
| 1 BR apartments | AED 150K / AED 2.71M | 5.5% |
|---|---|---|
| 2 BR apartments | AED 230K / AED 4.58M | 5.0% |
| 3 BR apartments | AED 311K / AED 6.50M | 4.8% |
| 4 BR apartments | AED 458K / AED 11.2M | 4.1% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 254 | AED 150K | AED 150K | 142 |
| 2 BR | 343 | AED 230K | AED 231K | 134 |
| 3 BR | 191 | AED 311K | AED 360K | 133 |
| 4 BR | 16 | AED 458K | — | 137 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| City Walk Residential Building 18ACity Walk | 61 | — | — |
| Castleton at Central ParkCity Walk | 24 | 2,703 | — |
| LaurelCity Walk | 18 | — | — |
| ErinCity Walk | 17 | — | — |
| Central Park at City Walk - Building 1City Walk | 11 | — | — |
| City Walk Residential Building 4BCity Walk | 8 | — | — |
| City Walk Residential Building 14City Walk | 4 | — | — |
| City Walk Residential Building 12City Walk | 5 | — | — |
| City Walk Residential Building 22City Walk | 5 | — | — |
| City Walk Residential Building 16City Walk | 4 | — | — |
| Celadon 3 at Central ParkCity Walk | 7 | — | — |
| City Walk Residential Building 19City Walk | 3 | — | — |
| ThymeCity Walk | 8 | — | — |
| City Walk Residential Building 11ACity Walk | 5 | — | — |
| City Walk Residential Building 11BCity Walk | 6 | — | — |
Developers in City Walk
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Meraas Development | 220 | 2,733 | 99.5% |
| Emaar Properties | 9 | 2,456 | 0.5% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| DIFC | 298 | 2,306 | down 35.2% |
| Dubai Islands | 3,813 | 2,480 | down 14.2% |
| Umm Suqeim Third | 395 | 2,716 | up 12.3% |
| Dubai Creek Harbour | 3,125 | 2,525 | down 4.2% |
| Sobha Hartland 2 | 990 | 2,600 | down 1.5% |
| Jumeirah Islands | 696 | 2,536 | down 0.9% |
| Al Barari | 198 | 2,710 | — |
| Jebel Ali First | 2,075 | 2,960 | up 31.9% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 14.5M | 4 BR Apartment · 3,967 sqftCity Walk Residential Building 16 | 3 Sept |
| AED 9.00M | 3 BR Apartment · 3,011 sqftCity Walk Residential Building 22 | 10 Sept |
| AED 8.95M | 4 BR Apartment · 2,715 sqftCastleton at Central Park | 14 Oct |
| AED 8.30M | 4 BR Apartment · 2,717 sqftCastleton at Central Park | 14 Oct |
| AED 6.17M | 3 BR Apartment · 2,385 sqftCity Walk Residential Building 13B | 7 Aug |
| AED 5.87M | 3 BR Apartment · 2,859 sqftCity Walk Residential Building 18B | 17 Sept |
Questions about City Walk
What is the average price per sqft in City Walk?
The median sale price in City Walk over the last three months was AED 2,750 per sqft (median sale AED 2.90M), based on 28 sales registered with Dubai Land Department.
Are property prices in City Walk going up?
Like-for-like prices per sqft are up 4.8% on a year earlier and up 0.2% on the previous three months.
How many properties were sold in City Walk in the last year?
229 sales worth AED 1.04B were registered in the last 12 months: 0% developer off-plan, 24% off-plan resales and 76% secondary (ready) sales.
What is the average rent in City Walk?
The median annual rent on leases registered in the last three months was AED 206K, and the best gross rental yield is about 5.5%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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