City Walk Residential Building 5

P1 — Delivered Ready Secondary
Developer Meraas Development L.L.C
Community City Walk
Property type Apartment
Data updated Mar 10, 2026

City Walk Residential Building 5 is a Delivered development by Meraas Development L.L.C in City Walk. 66 units across 2 Bedroom (53%), 3 Bedroom (23%), 1 Bedroom (21%). Over the trailing 12 months, 121 sales at a median of AED 3,185,000.

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

Key Metrics
Median Price
Value
AED 3,185,000
Change
19.4% YoY
Transactions
Value
121
Change
3 in period
Price / sqft
Value
AED 2,749
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,185,000
↓ 19.4% YoY
Transactions
121
↑ 3 in period
Price / sqft
AED 2,749
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
1.8%
Holding Period
Value
3.0 yrs
Liquidity
Value
4.5%
Ready Market Mix
Value
0.0%
Rental Activity
Value
28.8%
Capital Return
1.8%
Holding Period
3.0 yrs
Liquidity
4.5%
Ready Market Mix
0.0%
Rental Activity
28.8%

Rental Performance

Rental Volume
Value
201
Avg Annual Rent
Value
AED 184,602
New Leases
Value
68.7%
Renewals
Value
31.3%
Rental Volume
201
Avg Annual Rent
AED 184,602
New Leases
68.7%
Renewals
31.3%

Unit Mix

By bedroom type
1 Bedroom 14 units · 21%
2 Bedroom 35 units · 53%
3 Bedroom 15 units · 23%
4 Bedroom 2 units · 3%

Transaction Breakdown

All time — 121 transactions
Off-Plan Primary
47
Ready Primary
19
Ready Secondary
55

Price History

Median Price — City Walk Residential Building 5

Median prices in City Walk Residential Building 5 have risen sharply, up 152% from AED 3.1M to AED 7.9M over the past 3 months.

Recent Transactions

Showing last 10 of 121
Date Type Price (AED) Size (sqft) AED/sqft
Mar 10, 2026 RP Secondary 7,900,000 2,285 3,456
Jan 19, 2026 RP Secondary 3,185,000 1,158 2,749
Nov 26, 2025 RP Secondary 3,135,000 1,159 2,704
Feb 21, 2025 RP Secondary 2,800,000 1,126 2,484
Nov 18, 2024 RP Secondary 4,100,000 1,785 2,296
Oct 30, 2024 RP Secondary 4,100,000 1,662 2,466
Oct 08, 2024 RP Secondary 2,650,000 1,158 2,287
Sep 16, 2024 RP Secondary 6,500,000 2,285 2,843
Apr 24, 2024 RP Secondary 3,800,000 1,662 2,285
Mar 27, 2024 RP Secondary 3,700,000 1,756 2,106

This project is in City Walk

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