City Walk
Who City Walk suits: and who it doesn't
City Walk is Meraas's low-rise urban quarter between Downtown and Jumeirah's beaches: boutique-height residences over curated retail streets, plus the newer Central Park towers around a genuine park. It suits design-led end-users and tenants who want walkable European-style streets with Downtown ten minutes away. It doesn't suit high-yield hunters. What to watch: original City Walk phases versus Central Park price differently, and the area's registered data includes wider Al Wasl stock — per-project comps matter. , Equity Edge analyst note
The numbers, registered
Apartments
| Layout | Median sale | AED/sqft | Median rent | Gross yield | Sample |
|---|---|---|---|---|---|
| Studio | AED 1.3M | 3,178 | AED 73K/yr | 5.8% | 115 sales · 14 rents |
| 1 bed | AED 2.6M | 3,189 | AED 100K/yr | 3.8% | 647 sales · 242 rents |
| 2 bed | AED 4.2M | 3,045 | AED 149K/yr | 3.6% | 546 sales · 620 rents |
| 3 bed | AED 8.0M | 3,557 | AED 220K/yr | 2.7% | 254 sales · 739 rents |
| 4+ bed | AED 26.0M | 3,739 | AED 330K/yr | 1.3% | 41 sales · 258 rents |
Where City Walk sits
How City Walk compares
| Community | Median AED/sqft | Gross yield | Entry (1BR) |
|---|---|---|---|
| City Walk (this guide) | 3,197 | 5.6% | AED 2.6M |
| Dubai Marina | 2,366 | 4.6% | AED 2M |
| Downtown Dubai | 2,965 | 5.2% | AED 2.3M |
| Palm Jumeirah | 3,531 | 3.5% | AED 3.8M |
Questions buyers ask about City Walk
What does an apartment cost in City Walk in 2026?
The median registered sale price for a City Walk apartment is AED 3.4M (1,608 DLD-registered sales, 12 months to Aug 2026), or AED 3,197/sqft. The median 1-bedroom sold for AED 2.6M.
What rent does an apartment achieve in City Walk?
The median registered rent is AED 189K/year across 1,873 Ejari contracts (12 months to Aug 2026). Per-bedroom medians are in the table above, these are registered contracts, not asking prices.
What gross yield do City Walk apartments deliver?
5.6% gross, median registered rent divided by median registered sale price, both from the trailing 12 months. Asking-price yields quoted elsewhere usually flatter; this is the registered number.
What’s the appeal of City Walk over Downtown?
Scale and air. Low-rise buildings, streets designed for walking, a real park in the Central Park phases — urban living without tower density, ten minutes from Burj Khalifa. It attracts end-users and premium tenants who find Downtown vertical.
Which City Walk phase should I look at?
Original phases (Building 1-24) sit over the retail streets; Central Park at City Walk is the newer tower-and-park product with resort-style amenities. Central Park has been the volume market recently; the originals trade on boutique scarcity.
Is City Walk freehold?
Yes — and its position in Al Wasl, historically a leasehold district, makes it one of the few freehold plays in central Jumeirah. That scarcity underpins the pricing premium over comparable new builds further out.
Upcoming launches in City Walk
All launches →
OFF-PLANQ4 2026Mr. C Residences Downtown
OFF-PLANAPR 2029City Walk Crestlane
OFF-PLANDEC 2031