How the cap works
If your current City Walk rent is 11–20% below market, the landlord may raise it 5%; 21–30% below allows 10%; 31–40% allows 15%; more than 40% below allows 20%. Within 10% of market, no increase is permitted.
Checking your position
The Dubai REST app's rental index gives the official market figure for your building. With one-beds in City Walk around AED 160,000, that is the number your increase is measured against.
City Walk at a glance
City Walk is a Meraas urban-luxury district of boutiques, dining and low-rise residences. Buying sits at AED 3,000 per sqft — roughly AED 2,340,000 for a standard one-bedroom — while long-term tenants pay about AED 160,000 a year. Hosted as a licensed holiday home, the same unit averages AED 921 a night at 80% occupancy, around AED 268,932 gross. Owners on our managed programme average AED 371,126 — a 38% uplift.
