Hosting · City Walk

Short-Term vs Long-Term Rental in City Walk

Side-by-side numbers on annual tenancy versus licensed holiday-home hosting in City Walk.

Price per sqft

AED 3,000 per sqft

1-bed rent

AED 160,000/yr

Gross yield

6–7%

Short-let occupancy

80%

The numbers

A long-term tenancy in City Walk returns AED 160,000 a year with near-zero effort. The same unit hosted at AED 921 a night and 80% occupancy grosses about AED 268,932, and owners on our managed programme average AED 371,126 — a 38% uplift.

The trade-offs

Short-let carries licensing, cleaning, linen and management costs, plus seasonality. Long-term gives certainty and one cheque cycle. Most City Walk owners choose short-let for the upside and flexibility to use the home themselves.

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.

Frequently asked questions

Which earns more in City Walk?

Short-let usually earns more gross — around AED 268,932 versus AED 160,000 — but has higher running costs.

Can I switch between the two?

Yes. We commonly move units from annual tenancy to holiday-home hosting at the end of a lease.