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
4 projects are selling in City Walk today, from AED 2.65M, built by Alta Real-Estate Developments, Meraas, Dar Global, with handovers from 2027 through 2031.
Selling now
4 projects
Prices from
AED 2.65M
Handovers
2027 to 2031
Developers here
Alta Real-Estate Developments, Meraas, Dar Global, SOL Properties
AED 5.37M32%below the registered medianbelow the 3 bed apartment median
Registered1 September 2026
What sold3 bed apartment in Al Wasl
Like-for-like medianAED 7.9Mevery 3 bed apartment registered in Al Wasl, 12 months
Drawn from251 salesmedian AED 3,571/sqft
All apartmentsAED 3.59Macross every layout, 1,507 sales
DLD registered transactions for City Walk, trailing 12 months. The registry publishes no project name against a sale, so like-for-like here means the same area, the same property type and the same number of bedrooms. Methodology
The buildings of City Walk, by the registered numbers
The median registered sale price for a City Walk apartment is AED 3.59M (1,507 DLD-registered sales, 12 months to Sep 2026), or AED 3,197/sqft. The median 1-bedroom sold for AED 2.66M.
What rent does an apartment achieve in City Walk?
The median registered rent is AED 180K/year across 1,836 Ejari contracts (12 months to Sep 2026). These are registered contracts, not asking prices.
What gross yield do City Walk apartments deliver?
5% 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.
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Everything priced against registered sales, the City Walk median is AED 3.59M, never asking prices.