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Central Park - Plaza, City Walk: photos

Off-planKeys Sep 2027

Central Park - Plaza

New homes in City Walk, by Meraas

New homes in Central Park - Plaza start at AED 2,730,000; keys are due Sep 2027; you pay 20% to book, 50% while it is built and 30% at the keys.

In the 12 months to Nov 9, 2026, Dubai Land Department recorded 192 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in City Walk. Their median price is AED 3,424 per sq ft (about AED 2,996,000 at 875 sq ft). This project's from price is AED 3,120 per sq ft (AED 2,730,000 for its smallest home, 875 sq ft), 9% less.

Keys
Sep 2027
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
1 to 5 beds
Sizes
875 to 9,445 sq ft
Ownership
Freehold
Property types
Apartment, Townhouse, 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 3,120 per sq ft
Similar off-plan homes: AED 3,424 per sq ft
RERA project
2796
Check it in Dubai REST, the Dubai Land Department's official app.
Built
44%
Being built. DLD register, Nov 11, 2026
Completion on the register
Oct 2026
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
212
In 2 buildings

Dubai Land Department project register, as of Nov 11, 2026.⁠

Paying for it

⁠

You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.

WhenStageShareAmountPaid by then
NowBooking20%AED 546,000+ AED 109,200 DLD feeAED 655,200
Feb 2027While it is built16.7%AED 455,000AED 1,110,200
Apr 2027While it is built16.7%AED 455,000AED 1,565,200
Jul 2027While it is built16.7%AED 455,000AED 2,020,200
Sep 2027Keys30%AED 819,000AED 2,839,200
Booking payment, 20%
AED 546,000
Dubai Land Department fee (Oqood), 4%
AED 109,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 655,200
Total costPrice plus the DLD fee
AED 2,839,200
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • 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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 15 finished projects by this developer since 2016. 12 of the 15 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 7 projects under way since Jun 12, 2026. None has moved since then.
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.

Too few similar homes in Central Park Plaza sold in 24 months, so we compare with off-plan sales across City Walk.

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 per sq ftAED 3,791 per sq ft

This project AED 3,120 per sq ft

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 table
Price per sq ftSales
AED 2,744 to AED 2,874 per sq ft5
AED 2,874 to AED 3,005 per sq ft12
AED 3,005 to AED 3,136 per sq ft7
AED 3,136 to AED 3,267 per sq ft11
AED 3,267 to AED 3,398 per sq ft50
AED 3,398 to AED 3,529 per sq ft54
AED 3,529 to AED 3,660 per sq ft38
AED 3,660 to AED 3,791 per sq ft15

The 3 closest sales

Picked from the 192 similar sales above, closest in size to this project's smallest home.

  1. Nov 2025AED 2,727,000AED 3,110 per sq ftCentral Park Plaza Tower B, 877 sq ft
  2. Feb 2026AED 2,975,000AED 3,425 per sq ftCity Walk Crestlane 5 Building A, 869 sq ft
  3. Dec 2025AED 2,841,000AED 3,318 per sq ftThyme, 856 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.

TypeOff-plan medianSalesAgainst similar sales
1-bed apartmentFrom AED 2,730,000 hereOff-plan medianAED 2,641,000AED 3,231 per sq ftSales4559% below 192 similar sales
2-bed apartmentOff-plan medianAED 4,008,000AED 3,181 per sq ftSales323
3-bed apartmentOff-plan medianAED 9,370,000AED 3,680 per sq ftSales189
4-bed apartmentOff-plan medianToo few sales for a medianSales25
5-bed apartmentOff-plan medianToo few sales for a medianSales12

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
5.7%
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 2,730,000 = 5.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

We don't take off empty months, management or furnishing. How we work out yields

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 km, 18 min walkMetro station
  • Mercato Beach1.7 km, 6 min driveBeach
  • La Mer seafront2.1 km, 7 min driveWaterfront
  • Child Learning & Enrichment Medical Centre800 m, 14 min walkSchool
  • Horizon English School2 km, 7 min driveBritish school
  • Al Ittihad Private School3.4 km, 11 min driveAmerican school
  • Jumeirah Baccalaureate School1.5 km, 6 min driveIB school
  • JSS School1.7 km, 6 min driveIndian school
  • Shiseido300 m, 5 min walkMall
  • Mediclinic1.8 km, 4 min driveHospital
  • Downtown Dubai2 km, 8 min driveOffices
  • Central Park (City Walk)150 m, 3 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Central Park - Plaza

Central Park - Plaza is a Meraas project of two towers in City Walk, with apartments, townhouses and penthouses of 1 to 5 bedrooms from AED 2,730,000 and a listed handover of September 2027. The price check puts the from price per square foot 8.9% below 192 one-bedroom off-plan sales in City Walk over the 12 months to November 2026, and the metro is about 1 km away.

Plaza has 212 homes across two towers: apartments with one to four bedrooms, six 4-bedroom townhouses with park access and four 5-bedroom penthouses. Sizes run from 875 to 9,445 sq ft. Kitchens are open and fully equipped, bedrooms have built-in wardrobes, and the 3- to 5-bedroom homes include a maid's room. Penthouses have a private swimming pool on the rooftop terrace.

Over the 12 months to November 2026, the Dubai Land Department recorded 192 one-bedroom off-plan sales in City Walk. The price check puts the from price per square foot 8.9% below their median.

The plan is 20% on booking, 50% during construction and 30% on handover. At the from price that is AED 546,000 to book. AED 1,365,000 follows during the build and AED 819,000 on handover, listed for September 2027, about ten months away. Separately, the 4% DLD fee comes to AED 109,200; ask when it is due.

By our map, Burj Khalifa/Dubai Mall Metro Station is about 1 km away, an 18-minute walk by our estimate, and Shiraz Medical Center about 540 m. Jumeirah Baccalaureate School is about 1.5 km away, JSS School about 1.7 km and Horizon English School about 2 km. The La Mer seafront is about 2.1 km away, and Downtown Dubai about 8 minutes by car.

Floor plans

The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.

  • Plaza – A1
  • Plaza – A2
  • Plaza – 2B
  • Plaza – 3A
  • Plaza – 3B
  • Plaza – Apartment
  • Plaza – Townhouse
  • Plaza – Penthouse

Central Park - Plaza: floor plans

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 table
12 months toMedian priceSales
Sep 2026AED 3,231 per sq ft455 sales
Jun 2026AED 3,237 per sq ft551 sales
Mar 2026AED 3,247 per sq ft721 sales
Dec 2025AED 3,232 per sq ft624 sales
Sep 2025AED 3,232 per sq ft512 sales
Jun 2025AED 3,114 per sq ft565 sales
Mar 2025AED 2,778 per sq ft474 sales
Dec 2024AED 2,767 per sq ft457 sales

Off-plan sales only.

Questions about this project

Who is building Central Park - Plaza?

Meraas. The two towers are in City Walk.

How does the price compare?

The price check puts the from price per square foot 8.9% below the median of 192 one-bedroom off-plan sales in City Walk over the 12 months to November 2026.

What do I pay and when?

20% on booking, 50% during construction and 30% on handover: AED 546,000, AED 1,365,000 and AED 819,000 at the from price. Separately, the 4% DLD fee comes to AED 109,200; ask when it is due.

Which homes are available?

1- to 4-bedroom apartments, six 4-bedroom townhouses and four 5-bedroom penthouses, 212 homes in all.

When is handover?

The listed handover is September 2027.

Can foreigners buy here?

Yes. The listing gives the ownership as freehold.

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