Citywalk Residential 1 L.L.C · Selling since 2022 · recent sales mostly resales
AED 2,973/sqft
+9.5%
AED 4,241,464
AED 3,432,843 to AED 7,590,243, from 4.2 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Myrtle — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Myrtle over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Myrtle itself; the rest are homes of the same size in City Walk, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 2.13M | AED 109,500/yrthis building · 40 new lets | 5.2% | 20 |
| 2 beds | AED 3.8M | AED 195,000/yrthis building · 11 new lets | 5.1% | 11 |
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 7.9% instead of 5.2%, because it prices the home at AED 1.38M — the median across every sale on record — rather than the AED 2.13M it costs today. Every figure above uses the same twelve months 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 10,141 | AED 99,359 | 5.2% | 4.7% |
| 2 beds | AED 17,289 | AED 177,711 | 5.1% | 4.7% |
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.
Price vs. City Walk median
-5.0%
Priced at or below the area's real median.
Developer track record
5,453 real transactions
7 completed · 14 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
1.1 km
Burj Khalifa / Dubai Mall
691 m
Child Learning & Enrichment Medical Centre
1.9 km
Mediclinic
558 m
Carrefour
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.