The formula
Net yield = (annual income − service charge − management − insurance − void allowance) ÷ (purchase price + 4% DLD + 2% agency). For City Walk that starts from AED 160,000 income against a AED 2,340,000 purchase, or AED 268,932 if hosted short-term.
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Total return is yield plus capital growth. City Walk has tracked Dubai's broader appreciation cycle; model a conservative 4–7% a year over a five-year hold and stress-test at zero.
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.
