New homes in Central Park - Erin start at AED 1,590,000; the keys were due Jun 2026; you pay 20% to book, 50% while it is built and 30% at the keys.
Keys
Jun 2026
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
1 to 5 beds
Sizes
775 to 6,677 sq ft
Ownership
Freehold
Property types
Apartment, Villa, and Penthouse
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 2,052 per sq ft
At the smallest size listed
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 20%
Booking
20%
AED 318,000+ AED 63,600 DLD fee
AED 381,600
As it is builtWhile it is built · 50%
While it is built
50%
AED 795,000
AED 1,176,600
At the keys (Jun 2026)Keys · 30%
Keys
30%
AED 477,000
AED 1,653,600
Booking payment, 20%
AED 318,000
Dubai Land Department fee (Oqood), 4%
AED 63,600
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 381,600
Total costPrice plus the DLD fee
AED 1,653,600
The handover date (Jun 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Meraas for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 192 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in City Walk, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across City Walk, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 192 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in City Walk, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 3,424 per sq ft
AED 2,744 to AED 2,874 per sq ft
5 sales
AED 2,874 to AED 3,005 per sq ft
12 sales
AED 3,005 to AED 3,136 per sq ft
7 sales
AED 3,136 to AED 3,267 per sq ft
11 sales
AED 3,267 to AED 3,398 per sq ft
50 sales
AED 3,398 to AED 3,529 per sq ft
54 sales
AED 3,529 to AED 3,660 per sq ft
38 sales
AED 3,660 to AED 3,791 per sq ft
15 sales
AED 2,744 per sq ftAED 3,791 per sq ft
This project AED 2,052 per sq ft, below every sale
Half of the sales sold for AED 3,335 to AED 3,543 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,744 to AED 2,874 per sq ft
5
AED 2,874 to AED 3,005 per sq ft
12
AED 3,005 to AED 3,136 per sq ft
7
AED 3,136 to AED 3,267 per sq ft
11
AED 3,267 to AED 3,398 per sq ft
50
AED 3,398 to AED 3,529 per sq ft
54
AED 3,529 to AED 3,660 per sq ft
38
AED 3,660 to AED 3,791 per sq ft
15
The 3 closest sales
Picked from the 192 similar sales above, closest in size to this project's smallest home.
Feb 2026AED 2,480,000AED 3,198 per sq ftErin, 775 sq ft
Feb 2026AED 2,620,000AED 3,364 per sq ftCastleton, 779 sq ft
Feb 2026AED 2,500,000AED 3,210 per sq ftFern, 779 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in City Walk in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,590,000 here
Off-plan medianAED 2,641,000AED 3,231 per sq ft
Sales455
Price far from 192 similar sales
2-bed apartment
Off-plan medianAED 4,008,000AED 3,181 per sq ft
Sales323
3-bed apartment
Off-plan medianAED 9,370,000AED 3,680 per sq ft
Sales189
4-bed apartment
Off-plan medianToo few sales for a median
Sales25
5-bed apartment
Off-plan medianToo few sales for a median
Sales12
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
9.7%
Typical gross yield of similar ready homes
5.8%
Median rent of 1-bed apartments in City Walk
AED 154,770 a year
Rent contracts counted
280
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 154,770 a year
2-bed apartment
AED 230,000 a year
3-bed apartment
AED 370,000 a year
There is no DLD service charge for this project or its area, so we leave out the service charge and the net yield.
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 154,770 ÷ AED 1,590,000 = 9.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Burj Khalifa/Dubai Mall Metro Station1.1 km, 19 min walkMetro station
Mercato Beach1.8 km, 5 min driveBeach
Dubai Water Canal2 km, 5 min driveWaterfront
Child Learning & Enrichment Medical Centre650 m, 11 min walkSchool
Horizon English School1.8 km, 5 min driveBritish school
Al Ittihad Private School3.1 km, 9 min driveAmerican school
Jumeirah Baccalaureate School1.7 km, 4 min driveIB school
Central Park - Erin is a Meraas project in City Walk with one- to five-bedroom homes from AED 1,590,000 and a listed handover of June 2026, which may be out of date. The from price per square foot isn't reliable enough to quote against similar one-bedroom sales in City Walk (12 months to October 2026).
The from price per square foot isn't reliable enough to quote against similar one-bedroom sales in City Walk (12 months to October 2026). These are sales across City Walk, not only this project, so compare the price and size of a specific one-bedroom unit with them.
The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 318,000 on booking, AED 795,000 during construction and AED 477,000 at handover. Separately, the 4% DLD fee comes to AED 63,600; ask when it is due. The listed handover is June 2026, which has passed, so it may be out of date; ask Meraas for the current date, the completion certificate and which stages are due now.
Erin is part of the Central Park community in City Walk. Homes run from 775 to 6,677 sq ft, with one- to four-bedroom apartments and a five-bedroom penthouse. The listing also names villas as a home type but describes no villa layout, so ask which home types are on sale. Every home except the one-bedroom units has an ensuite maid's room, and layouts include a utility room, a powder room and balconies facing the park. The developer lists a fitness centre.
Burj Khalifa/Dubai Mall Metro Station is about 1.1 km away, around 2 minutes by car, and Downtown Dubai about 2 km, around 8 minutes. Three schools are 1.4 to 1.8 km away, 4 to 5 minutes by car: JSS School, Jumeirah Baccalaureate School and Horizon English School. A dental clinic is about 400 m away. The listing gives the ownership as freehold.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Erin – A
Erin – B
Erin – A
Erin – B
Erin – A
Erin – B
Erin – A
Erin – B
Erin – Penthouse
How prices moved
Median price of 1-bed apartments in City Walk, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 2,767 per sq ft
Sep 2026AED 3,231 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 3,231 per sq ft
455 sales
Jun 2026
AED 3,237 per sq ft
551 sales
Mar 2026
AED 3,247 per sq ft
721 sales
Dec 2025
AED 3,232 per sq ft
624 sales
Sep 2025
AED 3,232 per sq ft
512 sales
Jun 2025
AED 3,114 per sq ft
565 sales
Mar 2025
AED 2,778 per sq ft
474 sales
Dec 2024
AED 2,767 per sq ft
457 sales
Off-plan sales only.
Questions about this project
Who develops Central Park - Erin?
Meraas. Erin is part of the Central Park community in City Walk.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own their home outright.
How does the price compare with recent sales in City Walk?
The from price per square foot isn't reliable enough to quote against similar one-bedroom sales in City Walk (12 months to October 2026). Confirm the price and size of a real unit.
What are the payments in dirhams?
At the from price, AED 318,000 on booking, AED 795,000 during construction and AED 477,000 at handover. Separately, the 4% DLD fee comes to AED 63,600; ask when it is due.
When is handover?
The listed handover is June 2026, which has passed, so it may be out of date. Ask Meraas for the current date and the completion certificate.
Which homes include a maid's room?
All homes except the one-bedroom units have an ensuite maid's room.
