Dubai · City Walk
Penthouses for Rent in City Walk
City Walk is a Meraas urban-luxury district of boutiques, dining and low-rise residences. Here's exactly what a penthouse costs to rent long term here in 2026, what it earns, and how Alayan Homes handles it end to end.
Annual rent
AED 736,000
Per month
AED 61,333
Typical size
4,200 sqft
Area yield
6–7%
Penthouses in City Walk: the 2026 picture
A typical penthouse in City Walk runs about 4,200 sqft and trades near AED 3,000/sqft, putting purchase prices around AED 12,600,000. Long-term tenants pay roughly AED 736,000 a year, while the same unit operated as a licensed holiday home averages AED 4,050 a night at 80% occupancy — about AED 1,182,600 gross before costs. Owners on our managed programme average AED 1,631,988, a 38% uplift driven by dynamic pricing, multi-channel distribution and 4.9★ guest reviews.
Why investors pick City Walk
- ✓ Minutes from City Walk boulevard
- ✓ Minutes from Coca-Cola Arena
- ✓ Minutes from Jumeirah beaches
- ✓ 6–7% gross rental yield
- ✓ 100% freehold, Golden Visa eligible
How Alayan Homes helps
Tell us your move-in date and budget and we'll shortlist verified penthouses in City Walk, arrange same-week viewings and handle Ejari and the tenancy contract.
Available near City Walk
★ 4.86City Walk Boulevard Loft
2 BR
City Walk · Apartment · 1,240 sqft
Annual rent
AED 210K/ year
★ 4.83Central Park Residence
3 BR
City Walk · Apartment · 2,000 sqft
Annual rent
AED 330K/ year
Lagoon★ 4.91MBR City Lagoon Villa
4 BR
MBR City · Villa · 4,600 sqft
Not available for rent
★ 4.81MBR Waterfront 2BR
2 BR
MBR City · Apartment · 1,520 sqft
Annual rent
AED 260K/ year
★ 4.81City Walk Studio Lofts
Studio
City Walk · Studio · 590 sqft
Annual rent
AED 105K/ year
Lagoon★ 4.94MBR Lagoon Penthouse
4 BR
MBR City · Penthouse · 4,200 sqft
Not available for rent
FAQ — penthouses for rent in City Walk
How much is a penthouse for rent in City Walk?
Expect around AED 736,000 per year (roughly AED 61,333 per month) for a 4,200 sqft penthouse in City Walk in 2026, depending on the tower, view and furnishing.
Are monthly payments possible in City Walk?
Most City Walk landlords accept 1–4 cheques. Monthly payment plans are available on selected furnished units — ask us and we'll shortlist landlords who accept them.
What is included in the rent?
Rent normally excludes DEWA, chiller and internet. Furnished penthouse options in City Walk often bundle utilities into a slightly higher monthly rate.
Does Alayan Homes charge upfront fees in City Walk?
No. We work on a performance model for hosting and a standard brokerage fee on sales — you only pay once your penthouse is earning or a deal completes.
Can foreigners own a penthouse in City Walk?
Yes. City Walk sits in a designated freehold zone, so any nationality can buy 100% ownership, and purchases above AED 2M qualify for the 10-year Golden Visa.