Unit 406, City Apartments: what it sold for and what it is worth now

Unit 406 at City Apartments is a 1 bed of 859 sq ft. It last sold for AED 560,000 on 14 Nov 2022. At AED 927 per sq ft, from 9 sales in the building in the last 12 months (1 bed), it is worth about AED 796,000 today.

Value todayAED 796,000AED 784,000 to AED 801,000
Last saleAED 560,00014 Nov 2022 · Resale
Change since last sale+42.1%Building trend alone: AED 692,033
Rent (median asking, 1 bed)AED 70,000Gross yield 8.8%
Bedrooms1 bed
Size859 sq ft
Floor4 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingCity Apartments by Virtue Properties, handed over 2018
Registered sales of this unit2

Every registered sale of unit 406

DatePriceSizeAED/sq ftType
14 Nov 2022AED 560,000859 sq ft652Resale
11 Aug 2021AED 660,000859 sq ft768Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2062 May 2023AED 610,000807 sq ft756Resale
30616 Jan 2020AED 565,000807 sq ft700Resale

Latest 1 bed sales in City Apartments

UnitDatePriceSizeAED/sq ftType
3135 Oct 2026AED 812,000890 sq ft912Resale
2103 Sep 2026AED 850,000888 sq ft957Resale
3084 Aug 2026AED 1,056,0001,150 sq ft918Resale
40113 May 2026AED 830,000981 sq ft846Resale
30531 Mar 2026AED 860,000891 sq ft965Resale
40324 Mar 2026AED 915,000984 sq ft930Resale
40225 Nov 2025AED 950,0001,025 sq ft927Resale
11419 Nov 2025AED 880,0001,017 sq ft865Resale

How we worked out the value

We took the 9 sales in City Apartments in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 927). We multiplied it by the size of this unit (859 sq ft). The range uses the middle half of those sales (AED 912 to AED 933 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 692,033. Floor, view, condition and upgrades can move the price either way. Sales data to 5 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 406 at City Apartments worth?

About AED 796,000 (range AED 784,000 to AED 801,000), based on AED 927 per sq ft from registered sales up to 5 Oct 2026.

When did unit 406 last sell?

14 Nov 2022, for AED 560,000 (resale). It has 2 registered sales.

What rent can unit 406 make?

A 1 bed in City Apartments rents for about AED 70,000 a year (median asking rent). That is a gross yield of 8.8% on the estimate.

Sales alert for City ApartmentsAll sales in City Apartments

Unit 404 · Unit 408