3-bed · 2,639 sqftCity Walk Residential Building 5, City Walk · 1st floor · completed 2016

108, City Walk Residential Building 5

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 26 August 2019
Last soldAED 5M19 June 2017
Current rentAED 220K /yr26 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, City Walk Residential Building 5

What is 108 worth today?

Last sold for AED 4,997,000 in 2017

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26 Aug 2019RentedRenewal
AED 220,000/yr12 months · AED 83 per sqft
26 Aug 2018RentedNew contract
AED 220,000/yr12 months · AED 83 per sqft
15 Nov 2017RentedNew contract
AED 260,000/yr12 months · AED 99 per sqft
19 Jun 2017Sold by developerReady
AED 4,997,000AED 1,893 per sqft

Source: Dubai Land Department. Updated 26 August 2019.

Key facts

Type
3-bed apartment
Size
2,639 sqft
Floor
1st of 6
Parking
B-189, B-190
Developer
Meraas
Completed
2016
Service charge
AED 57,900 /yr
Last sold
AED 5M · June 2017

About 108, City Walk Residential Building 5

108 is a three-bedroom apartment of 2,639 sqft on the 1st floor of City Walk Residential Building 5, a 6-storey tower in City Walk completed in 2016 by Meraas. The developer sold it on 19 June 2017 for AED 4,997,000, or AED 1,893 per sqft, in line with the AED 1,947 three-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 26 August 2019, is AED 220,000 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 57,900 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical three-bed in City Walk Residential Building 5
5M20162018202020222024Typical sale price by year: 2016 AED 4,719,000; 2017 AED 4,997,000; 2022 AED 4,475,000; 2023 AED 5,750,000Sold by developer, June 2017: AED 4,997,000 (AED 1,893 per sqft)

108 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 108, each contractTypical three-bed in City Walk Residential Building 5
200K300K400K2017201920212023Typical rent by year: 2018 AED 210,000; 2019 AED 210,000; 2021 AED 202,500; 2022 AED 274,700; 2023 AED 375,000New contract, November 2017: AED 260,000 a yearNew contract, August 2018: AED 220,000 a yearRenewal, August 2019: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in City Walk Residential Building 5, and where 108 sits

All 15 3-beds →

108 last sold in June 2017 at AED 1,893 per sqft, in line with what three-beds in City Walk Residential Building 5 were fetching at the time (AED 1,947).

Recent 3-bed salesUnit no.Price (AED)Summary
16 Sep 20246,500,000
29 Nov 20237,000,000
1 Jun 20235,750,000
25 Apr 20234,750,000
0 3-bed sales in the last 12 months

City Walk Residential Building 5

Building

66 apartments, 1-bed to 4-bed over 6 floors in City Walk, completed in 2016 by Meraas. 2 sold in the last 12 months.

Typical price per sqft
AED 2,727
Typical sale
AED 3.16M
Typical rent
AED 255K /yr
Typical yield
5.5%
City Walk Residential Building 5, City Walk: prices, sales and rents →
Value
1012-bedAED 3.99M · Oct 2016
1021-bedAED 850K · Jun 2021
103AED 3.14M · Nov 2025
1042-bedAED 2.8M · Dec 2022
1052-bedAED 3.35M · Sep 2023
1063-bedAED 5.23M · Mar 2017
1071-bedAED 1.75M · Apr 2019
1–7 of 11

108, City Walk Residential Building 5 in numbers

  • Sold once: by Meraas on 19 June 2017 for AED 4,997,000, or AED 1,893 per sqft.
  • Rented since November 2017 on 3 Ejari contracts, from AED 260,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2017 price is 4.4%, before a service charge of about AED 57,900 a year (AED 21.95 per sqft).

Source: Dubai Land Department. Updated 26 August 2019.

Questions about 108, City Walk Residential Building 5

What did unit 108 last sell for?

AED 4,997,000 on 19 June 2017, sold by the developer: AED 1,893 per sqft for 2,639 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 220,000 a year on the contract renewed on 26 August 2019. The previous contract, from August 2018, was AED 220,000; the unit has been rented since November 2017.

How big is unit 108?

2,639 sqft (245.2 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2016.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 108, City Walk Residential Building 5

Starts from the last sale price (AED 5M, 19 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,997,000
Deposit, UAE resident (20%)
AED 999,400
Deposit, non-resident (40%)
AED 1,998,800
Monthly over 25 years at 3.7%
AED 20,444

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →