Costs · City Walk

DEWA, Chiller & Utilities in City Walk

Setting up and budgeting utilities for a City Walk property.

Price per sqft

AED 3,000 per sqft

1-bed rent

AED 160,000/yr

Gross yield

6–7%

Short-let occupancy

80%

Monthly bills

A one-bed in City Walk typically runs AED 350–700 on DEWA plus AED 200–500 chiller in summer. Chiller-free towers roll cooling into the service charge, which usually suits tenants and simplifies short-let pricing.

Setting up

DEWA activation takes a day online with Ejari and Emirates ID, with a deposit of AED 2,000 for apartments and AED 4,000 for villas.

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

What does chiller-free mean?

Cooling is included in the service charge, so the occupant pays no separate chiller bill.

How much is DEWA in City Walk?

Roughly AED 350–700 a month for a one-bedroom, more in peak summer.