Skip to content

Project · #975 by 12M value

Myrtle at City Walk

Al Wasl · Meraas Development

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
0

Market bulletin · Thu, 22 Oct 2026

Myrtle at City Walk: 0 sales worth AED 0 in 30 days

Myrtle at City Walk recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: off-plan resales 3.8%, secondary (ready) sales 96.2%.

In Al Wasl, Myrtle at City Walk ranked #11 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 120K. The best gross yield is on 1 BR apartments at about 5.6%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26AED 3,113
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25—
Jan 25—
Dec 24—
Nov 24—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26001
Aug 26001
Jul 26001
Jun 26000
May 26004
Apr 26001
Mar 26000
Feb 26004
Jan 26015
Dec 25004
Nov 25003

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month0—AED 0——
Last 3 months3down 25.0%AED 6.33M——
Last 6 months7down 61.1%AED 18.3M2,724down 13.9%
Last 12 months26up 52.9%AED 74.6M3,034up 9.4%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan resale14%———
Secondary (ready)2596%AED 2.55M3,036—
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
1 bedroom1558%AED 2.15M3,049up 12.6%
2 bedrooms1142%AED 3.50M3,032down 2.3%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M415%———
AED 2M–10M2285%AED 2.98M3,101up 1.8%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26AED 130K
Aug 26—
Jul 26AED 100K
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Leases (12M)
67
New leases
100%
Median rent 3M
AED 120K
Rent/sqft 3M
AED 146
Gross yield
1 BR apartmentsAED 120K / AED 2.15M5.6%
2 BR apartmentsAED 203K / AED 3.65M5.5%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
1 BR37AED 120KAED 120K162
2 BR10AED 203KAED 203K167

Competing projects in Al Wasl

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Safa GateDamac Properties2123,084up 3.3%
City Walk Crestlane 4 Building AMeraas Development823,342—
Muraba VeilMuraba Properties153,789—
Mr. C Residences DowntownAlta Real Estate Developments283,994—
City Walk Crestlane 5 Building AMeraas Development663,405—
City Walk Crestlane 4 Building BMeraas Development663,378—
City Walk Crestlane 5 Building BMeraas Development593,415—
Eden House The Park GH&H Investment and Development293,904—
One CanalAHS Properties55,959—
Eden House The Park DH&H Investment and Development144,326—

Biggest sales, last 3 months

Biggest sales in Myrtle at City Walk
PricePropertyDate
AED 2.30M1 BR Apartment · 685 sqftMyrtle at City Walk · Al Wasl20 Aug
AED 2.17M1 BR Apartment · 834 sqftMyrtle at City Walk · Al Wasl7 Sept
AED 1.85M1 BR Apartment · 679 sqftMyrtle at City Walk · Al Wasl31 Jul

Questions about Myrtle at City Walk

How many properties were sold in Myrtle at City Walk in the last year?

26 sales worth AED 74.6M were registered in the last 12 months: 0% developer off-plan, 4% off-plan resales and 96% secondary (ready) sales.

What is the average rent in Myrtle at City Walk?

The median annual rent on leases registered in the last three months was AED 120K, 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.