Meraas Central Park City Walk Dubai

Central Park at City Walk is Meraas's park district inside City Walk: about 12 residential buildings of one to four-bedroom apartments set around 516,000 sq ft of parkland. The source listing prints AED 1.41 M (about Rs 3.63 crore), close to the AED 1.44 M one-bedroom launch price at Castleton, one of the community's later buildings.

Central Park is built in phases, so "the handover" depends on which building you mean. Building 1 was completed in June 2022. Castleton and Laurel were 98.92% and 94.44% built in June 2026 inspections, after original dates of Q1 2026 and December 2025. The newest phase, Central Park Plaza, has its own launch price and a 2027 date, and is covered on a separate page.

At a glance

Price and unit pricing

We print AED 1.41 M because the source listing, the Castleton launch at AED 1.44 M and a portal's "from AED 1.4 M" for Central Park all sit within about 2% of each other. One page quotes "from AED 1.2 M" without a date; we treat it as an older figure. None of the sources checked gives sizes per building, so we cannot print a per-foot rate for these launch prices.

The resale figure is the reality check. Building 1 has traded at about AED 2,407 per sq ft, and City Walk as a whole averaged about AED 2,770 per sq ft in 2026 so far on one market report. At AED 2,407 per sq ft, AED 1.41 M buys only about 586 sq ft, smaller than most one-bedrooms in City Walk, which rent at 670 sq ft and up. In plain terms, the launch prices have been overtaken, and a ready one-bedroom today is likely to cost more than the source listing's figure.

For the newest phase, with townhouses and penthouses, see Central Park Plaza. Every project we track in the emirate is on all Dubai projects.

Payment plan and total cost

Each Central Park building has been sold on its own plan. Castleton was sold on 50/50: half during construction and half at handover. Laurel was sold on 20/30/50: 20% at launch, 30% during construction and 50% at handover. A unit in Building 1, or any resale, is paid in full at transfer.

Worked example: a AED 1,410,000 one-bedroom on 50/50

Castleton is almost built, so a buyer of any remaining unit or a resale will find the construction half already due or paid, and the handover half close. On a resale, you pay the seller what they have paid plus their premium and then owe Meraas the balance. Ask for a statement of what has been paid before you sign.

Service charge. Not published per building. City Walk service charges run about AED 20 to 25 per sq ft a year; on a 700 sq ft one-bedroom that is about AED 14,000 to 17,500 a year. For a ready unit, the owners' association statement gives the actual figure.

Location and connectivity

City Walk lies in Al Wasl, between Al Wasl Road and Al Safa Street, with Sheikh Zayed Road and Downtown Dubai to the east and Jumeirah to the west. Central Park is its residential core, with the buildings set around the park and City Walk's shops, restaurants, Coca-Cola Arena and Hub Zero close by. There is no Metro station inside City Walk, and the sources checked give no drive times, so we give none.

Day to day, this is one of Dubai's few walkable neighbourhoods, with mostly low and mid-rise buildings rather than towers. The other side is continuing construction: Plaza is being built inside the park until 2027, and Meraas has two more City Walk launches under way nearby. One of those is City Walk Northline on Al Safa Street.

The full list of what we cover is on our projects page.

Amenities and specifications

Central Park's main amenity is the park itself: about 516,000 sq ft of lawns, paths and play areas that the buildings face onto. Pools and gyms are standard in Meraas's City Walk residences, though the sources checked do not list them building by building, and City Walk's retail and leisure are a short walk away.

The sources checked do not publish per-building specifications, sizes, parking or finish schedules for Building 1, Castleton or Laurel, so we do not invent them. For a ready unit, inspect it; for an off-plan one, read the specification schedule attached to the SPA, which is final.

About the developer

Meraas, founded in Dubai in 2007 and merged into Dubai Holding in 2023, developed City Walk, Bluewaters Island, La Mer and the Bulgari Resort and Residences. It says it has delivered more than 50 ventures across real estate, retail and leisure. One review lists City Walk Central Park and Bulgari Ocean Mansions (15 November 2024) among recent handovers and notes that no launched Meraas project has been cancelled.

Central Park itself shows both sides. Building 1, developed through Citywalk Residential 1 on one source, went from a June 2019 start to completion in June 2022. Castleton (due Q1 2026) and Laurel (due December 2025) were both still in final works in June 2026, with completion inspections, DEWA energisation and Civil Defence checks under way. The delays are months, not years, but they are real.

For Indian buyers

Ownership. City Walk is freehold for foreign buyers, and the Dubai Land Department issues the title deed in your name. There is no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee plus registration charges.

Remitting the money. Under the LRS each resident Indian can send USD 250,000 a financial year. AED 1.41 M is about USD 384,000, so one person cannot fund it alone in a year, but a couple remitting USD 500,000 can. A ready or nearly finished unit is paid largely in one go, so arrange the remittance before you sign.

Golden Visa. The ten-year visa needs AED 2 M of property. A one-bedroom at AED 1.41 M or AED 1.44 M does not qualify. Laurel's entry price of AED 2 M meets the line, and a larger ready unit at the AED 2,407 per sq ft resale rate passes it at about 830 sq ft.

Rent and tax. City Walk one-bedrooms earn about 5.7% to 6.1% gross on the reports we found and rent for about AED 176,000 a year on average. Rent earned in Dubai is taxable in India for a resident Indian, with no UAE tax to credit, so budget for your slab rate.

Exit. One 2026 report puts City Walk's ready stock at a five-year low, which supports both rents and resale. Central Park units are also familiar to Dubai buyers, which helps when you sell.

Pros

• Park-side homes in City Walk from about AED 1.41 M, well below Plaza's AED 2.73 M
• Part of the community is ready, so you can buy a finished unit and see what you get
• Castleton and Laurel were over 94% built in June 2026 - little construction risk left
• Dubai Holding backing and City Walk, Bluewaters and La Mer delivered
• City Walk ready stock is at a five-year low on one 2026 report
• City Walk one-bedrooms earn about 5.7% - 6.1% gross

Cons

• AED 1.41 M is a launch-era figure; resale in Building 1 runs about AED 2,407 per sq ft
• Castleton and Laurel both passed their handover dates
• Sizes and DLD numbers per building are not published by the sources checked
• City Walk service charges run about AED 20 - 25 per sq ft
• A AED 1.41 M one-bedroom misses the AED 2 M Golden Visa threshold
• Laurel's 50% at handover is a heavy final payment for anyone buying its remaining stock

Who this is for

• Buyers who want a City Walk park address below AED 2 M
• End users happy to buy ready, or wait a few months for Castleton or Laurel
• Investors who prefer a low-rise, walkable district to a tower in Business Bay
• Buyers who want to inspect a delivered Meraas building before committing

Who should look elsewhere

• Golden Visa buyers with only AED 1.4 - 1.9 M to spend
• Buyers expecting the AED 1.41 M launch figure on a resale unit today
• Yield-first investors comparing with JVC or Business Bay per-foot prices
• Anyone who needs a fixed handover date on a still-finishing building

Our verdict

Central Park is the part of City Walk where Meraas has been building homes around a park since 2019, and it is not one project so much as a sequence of buildings. The AED 1.41 M the source listing carries matches the Castleton launch at AED 1.44 M, which is now nearly finished; resale in the first building runs about AED 2,407 per sq ft, which says the launch figures have been overtaken. The community's strength is that it is real: one building has been lived in since 2022 and two more were over 94% built in June 2026. Its weakness is timing on the later phases, which both ran past their dates. For a buyer who wants City Walk below AED 2 M, this is where to look first; for Golden Visa buyers, only units from AED 2 M work.

Worth a look for anyone who wants a City Walk park address without paying Plaza's AED 2.73 M entry price. Buy ready in Building 1 or a nearly finished Castleton or Laurel unit, compare its per-foot price with the AED 2,407 recent resale rate, and check the building's DLD registration before paying.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Meraas Central Park?

The source listing prints AED 1.41 M (about Rs 3.63 crore). Castleton one-bedrooms launched at AED 1.44 M, Laurel from AED 2 M and Central Park Plaza from AED 2,730,000; one page quotes from AED 1.2 M. Resale in Building 1 runs about AED 2,407 per sq ft, so the unit and its size settle what you pay.

Is Central Park at City Walk ready?

Partly. Building 1 was completed in June 2022. Castleton was 98.92% built and Laurel 94.44% in June 2026 inspections, both past their original dates. Central Park Plaza is due in Q3 2027.

What is the payment plan?

It depends on the building. Castleton was sold on 50/50, Laurel on 20/30/50 and Plaza on 20/50/30. A ready or resale unit is paid in full at transfer, plus the 4% DLD fee.

How is this different from Central Park Plaza?

Central Park is the whole park district of about 12 buildings. Plaza is its newest two-tower phase, with its own launch price from AED 2,730,000 and a Q3 2027 handover. This page covers the rest of the community.

Does it qualify for the Golden Visa?

The threshold is AED 2 M of property. A one-bedroom at AED 1.41 M or AED 1.44 M does not qualify; units from AED 2 M, such as Laurel's entry price, do.

What rent and service charge should I expect?

City Walk one-bedrooms earn about 5.7% to 6.1% gross and rent for about AED 176,000 a year on average. Service charges in City Walk run about AED 20 to 25 per sq ft a year.

Can an Indian resident buy here?

Yes. City Walk is freehold for foreign buyers. Under the LRS each person can remit USD 250,000 a financial year; AED 1.41 M is about USD 384,000, so a couple can fund it in one year.

What is the DLD project number?

Each building is registered separately, and the sources checked do not publish the numbers. Ask for the number of your building, or the title deed for a ready unit, and check it on the Dubai REST app.

Compare with other Dubai projects

Also in City Walk: City Walk Northline (from AED 1.87 M, handover 2027), City Walk Crestlane (from AED 2.62 M, handover 2028) and Central Park Plaza (from AED 2,730,000, handover 2027).

More by Meraas: Design Quarter (from AED 1.87 M, handover 2027), Meraas Bluewaters (from AED 2,290,000, ready) and Nad Al Sheba Gardens (from AED 4.18 M, handover 2029).

A similar budget elsewhere in Dubai: Emaar Dubai Creek Residences (from AED 1,408,000, ready), Seaside by Prestige One (from AED 1,415,000, handover 2026) and Arista One (from AED 1.4 M, ready).

Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.