Prime · 2024 Market Intelligence

Apartments Market
City Walk

Investment-grade market analysis for prestigious apartments across one of Dubai's most commanding communities curated for discerning investors and owner-occupants.

Avg. Price / Sqft

AED 4,382

+0% YoY

Transactions (2024)

654

+2.5% vs prior year

Gross Rental Yield

4.4%

Rental index AED 357,033 p.a.

Total Volume

AED 3.72B

Median deal AED 14,851,700

Year-over-Year Market Overview

City Walk apartments recorded a measured market recalibration of 0.0% in 2024, with average pricing at AED 4,382 per sqft positioning this prestigious, investment-grade segment among Dubai's most sought-after real estate. Gross rental yields of 4.4% underscore the investment-grade fundamentals, attracting a discerning global investor base seeking curated, signature assets within one of the world's most transparent and tax-efficient property markets.

Capital Growth Forecast

+4.2%

12-month forward projection

Market Tier

Prime

Dubai luxury classification

Price Per Sqft Trends

YearAvg. AED / SqftTransactionsVolume
2024Current4,382654AED 3720M
20254,536657AED 3944M
20264,702648AED 7910M

Transaction Volume

The City Walk apartments segment recorded 654 transactions in 2024, generating AED 3.72B in total capital deployed. This commanding market activity reflects sustained institutional interest and a curated pipeline of signature transfers from both primary and secondary markets.

Volume growth of +2.5% year-over-year underscores the prestige positioning of this property type within one of Dubai's most investment-grade communities.

Investment Outlook

  • Gross Rental Yield

    4.4% competitive within the Prime tier, with rental index at AED 357,033 per annum.

  • Capital Growth Forecast

    Forward projection of +4.2% over 12 months, supported by curated supply constraints and sustained prime demand.

  • Median Transaction

    AED 14,851,700 reflecting investment-grade entry points for discerning capital.

Supply Pipeline

Curated upcoming developments scheduled to deliver apartments inventory in City Walk, shaping the supply-demand dynamic for 2024 and beyond.

Prestige Quarter

Units

314

Expected Handover

Q1 2025

Prestige Quarter

Units

284

Expected Handover

Q3 2025

Prestige Quarter

Units

72

Expected Handover

Q2 2027

Comparable Communities

Signature communities offering comparable apartments investment profiles within Dubai's prestigious luxury property landscape.

City Walk 2024 Other Property Types

Explore Signature Apartments in City Walk

Our curated advisory team specialises in prestigious City Walk real estate. Let us introduce you to investment-grade opportunities that command a prime position in Dubai's most sought-after community.

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