Registered rents

Rents in City Walk

Median registered annual rent in City Walk, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months.

What tenants pay

Registered rents

Median registered annual rent in City Walk by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.

Apartments: median AED 205,761 a year across 1,069 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
1 bed
AED 145,000
new AED 140,000 · renewal AED 150,150
−17.6% vs a year ago (new lettings)
AED 120,000 – AED 165,000
middle half · 411 contracts
5.6%
2 bed
AED 230,000
new AED 230,000 · renewal AED 231,000
−2.1% vs a year ago · new lettings −9.8%
AED 200,000 – AED 255,750
middle half · 422 contracts
5.2%
3 bed
AED 320,000
new AED 345,000 · renewal AED 300,000
+6.7% vs a year ago · new lettings −7.4%
AED 285,000 – AED 370,870
middle half · 211 contracts
4.7%
4+ bed
AED 468,563
new AED 550,000 · renewal AED 465,000
AED 418,846 – AED 575,000
middle half · 23 contracts
—

38% of these contracts are renewals; 93% run the standard 12 months.

Rent or buy? The arithmetic

For 2-bed apartments: the median registered sale price is AED 4,462,000, which is 19.4 years of the median registered rent (AED 230,000 a year). Buying needs about AED 1,070,880 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 4.7 years of that rent.

Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →

Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →

Rent check
See where your rent sits against registered Ejari contracts for the same community, type and bedrooms.
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