Myrtle at City Walk

P1 — Delivered Off-Plan Primary
Developer Meraas Development L.L.C
Community Al Wasl
Property type Apartment
Data updated Apr 01, 2026

Myrtle at City Walk is a Delivered development by Meraas Development L.L.C in Al Wasl. 129 units across 1 Bedroom (70%), 2 Bedroom (30%). Over the trailing 12 months, 206 sales at a median of AED 2,262,500.

Key Metrics
Median Price
Value
AED 2,262,500
Change
19.7% YoY
Transactions
Value
206
Change
30 in period
Price / sqft
Value
AED 3,091
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 2,262,500
↑ 19.7% YoY
Transactions
206
↑ 30 in period
Price / sqft
AED 3,091
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
32.2%
Community avg
Holding Period
Value
0.9 yrs
Community avg
Liquidity
Value
17.1%
Price Dispersion
Value
5.0%
Ready Market Mix
Value
0.0%
Rental Activity
Value
8.5%
Capital Return
32.2%
Community avg
Holding Period
0.9 yrs
Community avg
Liquidity
17.1%
Price Dispersion
5.0%
Ready Market Mix
0.0%
Rental Activity
8.5%

Rental Performance

Rental Volume
Value
33
Avg Annual Rent
Value
AED 148,357
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
33
Avg Annual Rent
AED 148,357
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
1 Bedroom 90 units · 70%
2 Bedroom 39 units · 30%

Transaction Breakdown

All time — 206 transactions
Off-Plan Primary
129
Off-Plan Secondary
55
Ready Secondary
22

Price History

Median Price — Myrtle at City Walk

Median prices in Myrtle at City Walk have risen sharply, up 22% from AED 3.1M to AED 3.9M over the past 11 months.

Recent Transactions

Showing last 10 of 206
Date Type Price (AED) Size (sqft) AED/sqft
Apr 01, 2026 RP Secondary 3,850,000 1,154 3,335
Mar 25, 2026 RP Secondary 2,100,000 670 3,133
Feb 24, 2026 RP Secondary 2,300,000 678 3,390
Feb 16, 2026 RP Secondary 4,552,500 1,405 3,239
Feb 12, 2026 RP Secondary 4,650,000 1,405 3,308
Feb 11, 2026 RP Secondary 2,190,000 670 3,267
Feb 06, 2026 RP Secondary 2,830,000 831 3,404
Jan 28, 2026 RP Secondary 2,650,000 834 3,175
Jan 26, 2026 RP Secondary 3,800,000 1,154 3,291
Jan 16, 2026 RP Secondary 2,100,000 740 2,834

This project is in Al Wasl

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