City Walk Residential Building 16

P1 — Delivered Ready Secondary
Developer Meraas Development L.L.C
Community City Walk
Property type Apartment
Data updated Jan 13, 2026

City Walk Residential Building 16 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, 109 sales at a median of AED 5,675,000.

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

Key Metrics
Median Price
Value
AED 5,675,000
Change
58.7% YoY
Transactions
Value
109
Change
2 in period
Price / sqft
Value
AED 2,608
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 5,675,000
↑ 58.7% YoY
Transactions
109
↑ 2 in period
Price / sqft
AED 2,608
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
4.0%
Holding Period
Value
3.5 yrs
Liquidity
Value
3.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
31.3%
Capital Return
4.0%
Holding Period
3.5 yrs
Liquidity
3.1%
Ready Market Mix
0.0%
Rental Activity
31.3%

Rental Performance

Rental Volume
Value
202
Avg Annual Rent
Value
AED 186,371
New Leases
Value
65.8%
Renewals
Value
34.2%
Rental Volume
202
Avg Annual Rent
AED 186,371
New Leases
65.8%
Renewals
34.2%

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 — 109 transactions
Off-Plan Primary
29
Off-Plan Secondary
1
Ready Primary
35
Ready Secondary
44

Recent Transactions

Showing last 10 of 109
Date Type Price (AED) Size (sqft) AED/sqft
Jan 13, 2026 RP Secondary 7,000,000 2,573 2,720
May 21, 2025 RP Secondary 4,350,000 1,742 2,496
Apr 07, 2025 RP Secondary 2,791,689 1,606 1,738
Jan 13, 2025 RP Secondary 3,035,000 1,162 2,609
Sep 30, 2024 RP Secondary 3,500,000 1,755 1,993
Jul 15, 2024 RP Secondary 2,675,000 1,162 2,300
Jul 11, 2024 RP Secondary 3,200,000 1,191 2,685
Jul 02, 2024 RP Secondary 3,650,000 1,742 2,094
May 24, 2024 RP Secondary 5,600,000 2,085 2,685
May 21, 2024 RP Secondary 4,054,500 1,698 2,387

This project is in City Walk

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