What's the price range at City Walk Residences?
Current price per sqft: AED 4500. Recent transactions: 3BR 2800sqft at AED 12,600,000; 2BR 1700sqft at AED 7,650,000. Price history (12 months): ranging from AED 4470 to AED 4500/sqft.
City Walk Residences – Investment & Lifestyle FAQ
Complete guide to City Walk Residences in City Walk: pricing, amenities, rental potential and ownership costs.
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Pricing & Units
What units are available at City Walk Residences?
Unit mix: 50 × 1BR, 80 × 2BR, 25 × 3BR, 0 × 4BR, 5 × Penthouse. Total: 180 units. Standard residential tower.
Is City Walk Residences a good value, or overpriced?
Tier: PREMIUM. Investment thesis: "Lifestyle-integrated residences with retail and dining; strong tenant appeal and good yields from urban professionals.". Comparable buildings in City Walk range AED 4000–5000/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does City Walk Residences offer?
Amenities: Retail mall adjacent, Multiple restaurants, Entertainment, Pool, Gym and more. Year completed: 2017. Floors: 15. Well-maintained common areas and 24/7 security.
How many floors and units per floor in City Walk Residences?
15 floors. Total units: 180. Average units/floor: 12. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in City Walk Residences?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (80 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is City Walk Residences from key landmarks?
Beach: 10 mins. City Walk metro: 2 mins. Downtown Dubai: 18 mins. Airport (DXB): 22 mins.
Is City Walk Residences easy to get to and from?
Metro accessible via City Walk. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around City Walk Residences?
Located in City Walk, a premium community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 1575/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 196875/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in City Walk Residences?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at City Walk Residences?
Gross rental yield: 4.8%–6.3%. 1BR typical rent: AED 15,416.667/month. 2BR: AED 24,583.333/month. Strong tenant demand; typical vacancy: 1–2 months/year.