City Walk Residential Building 1

P1 — Delivered Ready Secondary
Developer Meraas Development L.L.C
Community City Walk
Property type Apartment
Data updated Nov 26, 2025

City Walk Residential Building 1 is a Delivered development by Meraas Development L.L.C in City Walk. 64 units across 2 Bedroom (52%), 3 Bedroom (23%), 1 Bedroom (22%). Over the trailing 12 months, 163 sales at a median of AED 5,775,000.

Limited transaction data available for this project. Community-level metrics shown where project data is insufficient.

Key Metrics
Median Price
Value
AED 5,775,000
Change
10.3% YoY
Transactions
Value
163
Change
4 in period
Price / sqft
Value
AED 2,498
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 5,775,000
↑ 10.3% YoY
Transactions
163
↑ 4 in period
Price / sqft
AED 2,498
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
18.4%
Holding Period
Value
2.1 yrs
Liquidity
Value
5.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
22.9%
Capital Return
18.4%
Holding Period
2.1 yrs
Liquidity
5.7%
Ready Market Mix
0.0%
Rental Activity
22.9%

Rental Performance

Rental Volume
Value
133
Avg Annual Rent
Value
AED 272,502
New Leases
Value
89.5%
Renewals
Value
10.5%
Rental Volume
133
Avg Annual Rent
AED 272,502
New Leases
89.5%
Renewals
10.5%

Unit Mix

By bedroom type
1 Bedroom 14 units · 22%
2 Bedroom 33 units · 52%
3 Bedroom 15 units · 23%
4 Bedroom 2 units · 3%

Transaction Breakdown

All time — 163 transactions
Off-Plan Primary
64
Ready Secondary
99

Price History

Median Price — City Walk Residential Building 1

Median prices in City Walk Residential Building 1 have declined significantly, down 25% to AED 5.6M over the past 4 months.

Recent Transactions

Showing last 10 of 163
Date Type Price (AED) Size (sqft) AED/sqft
Nov 26, 2025 RP Secondary 5,600,000 2,333 2,400
Oct 23, 2025 RP Secondary 4,288,500 1,774 2,416
Sep 08, 2025 RP Secondary 5,950,000 2,306 2,579
Apr 24, 2025 RP Secondary 7,500,000 2,574 2,913
Feb 24, 2025 RP Secondary 4,575,000 1,756 2,605
Nov 29, 2024 RP Secondary 6,100,000 2,267 2,690
Nov 21, 2024 RP Secondary 4,400,000 1,708 2,576
Sep 04, 2024 RP Secondary 7,800,000 3,004 2,595
Aug 05, 2024 RP Secondary 5,900,000 2,307 2,556
Jul 04, 2024 RP Secondary 3,800,000 1,740 2,183

This project is in City Walk

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