Market bulletin · Thu, 22 Oct 2026
Central Park at City Walk - Building 1: 1 sales worth AED 5.35M in 30 days
Central Park at City Walk - Building 1 recorded 1 sale worth AED 5.35M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 5.35M), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In City Walk, Central Park at City Walk - Building 1 ranked #5 of 11 leading projects by 12-month sales value; it is developed by Meraas Development.
Leases registered in the last three months had a median annual rent of AED 201K. The best gross yield is on 2 BR apartments at about 5.6%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 2,509 |
| Jul 25 | — |
| Jun 25 | AED 2,839 |
| May 25 | — |
| Apr 25 | AED 1,543 |
| Mar 25 | — |
| Feb 25 | AED 2,288 |
| Jan 25 | — |
| Dec 24 | AED 1,959 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 3 |
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 | 1 | — | AED 5.35M | — | — |
| Last 3 months | 1 | down 50.0% | AED 5.35M | — | — |
| Last 6 months | 3 | down 62.5% | AED 11.6M | — | — |
| Last 12 months | 11 | down 80.0% | AED 45.6M | 3,032 | up 15.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 11 | 100% | AED 4.15M | 3,032 | up 15.9% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 4 | 36% | — | — | — |
| 2 bedrooms | 6 | 55% | AED 4.47M | 3,053 | up 22.4% |
| 3 bedrooms | 1 | 9% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 11 | 100% | AED 4.15M | 3,032 | up 13.6% |
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 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 219K |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
- Leases (12M)
- 72
- New leases
- 63.9%
- Median rent 3M
- AED 201K
- Rent/sqft 3M
- AED 150
| 2 BR apartments | AED 250K / AED 4.47M | 5.6% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 22 | AED 165K | AED 160K | 168 |
| 2 BR | 20 | AED 250K | AED 250K | 167 |
| 3 BR | 10 | AED 373K | — | 172 |
Competing projects in City Walk
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| City Walk Residential Building 18AMeraas Development | 61 | 2,664 | — |
| Castleton at Central ParkMeraas Development | 24 | 2,703 | — |
| LaurelMeraas Development | 18 | 2,976 | — |
| ErinMeraas Development | 17 | 2,874 | — |
| City Walk Residential Building 4BMeraas Development | 8 | 2,525 | — |
| City Walk Residential Building 14Meraas Development | 4 | — | — |
| City Walk Residential Building 12Meraas Development | 5 | 2,825 | — |
| City Walk Residential Building 22Meraas Development | 5 | 2,944 | — |
| City Walk Residential Building 16Meraas Development | 4 | — | — |
| Celadon 3 at Central ParkMeraas Development | 7 | 3,191 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 5.35M | 2 BR Apartment · 1,685 sqftCentral Park at City Walk - Building 1 · City Walk | 20 Oct |
Questions about Central Park at City Walk - Building 1
How many properties were sold in Central Park at City Walk - Building 1 in the last year?
11 sales worth AED 45.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Central Park at City Walk - Building 1?
The median annual rent on leases registered in the last three months was AED 201K, and the best gross rental yield is about 5.6%.
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.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.