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3 New Off-Plan Projects in City Walk

Meraas' open-air lifestyle district between Downtown and Jumeirah — low-rise residences over pedestrian retail, ROI up to 8.5% on 1-BRs. Northline launches 304 new units from AED 1.83M.

Projects
3
Starting from
AED 2.3M
Handover
2028–2029
Developers
1

New Off-Plan Projects in City Walk

About City Walk

City Walk is Meraas' flagship open-air mixed-use district — low-rise residential buildings sitting above a pedestrian retail-and-dining promenade in Al Wasl, between Downtown Dubai and Jumeirah. Originally launched as a community redevelopment project, it has matured into one of central Dubai's most walkable lifestyle addresses. The 2025–2026 launch wave includes City Walk Northline — a 304-unit AED 440 million project across three eight-floor buildings, handover Q3 2027. Pricing starts at AED 1.83M for one-bedroom apartments in Northline, with 60/40 payment plans common (20% down, instalments during construction, balance at handover). Secondary market sellers from the 2021–2022 cohort routinely achieve 25–30% premiums today. Rental yields range from 5.5% on three-bedrooms to 7% on one-bedrooms, with the strongest configuration — 1-BR — averaging an 8.5% ROI when factoring in higher rental velocity. City Walk is the textbook lifestyle-investor play: central, walkable, with branded retail and dining built into the community.

  • Meraas master plan — Dubai Holding-backed
  • Open-air retail + dining promenade integrated with residences
  • Northline: 304 new units launching from AED 1.83M
  • ROI up to 8.5% on 1-bedroom apartments
  • Secondary market 25–30% premium on 2021–2022 cohort

Location & Connectivity — City Walk

  • Downtown Dubai5 min
  • Burj Khalifa & Dubai Mall7 min
  • DIFC8 min
  • Jumeirah Beach8 min
  • Dubai International Airport (DXB)15 min
City Walk area on Dubai map — Green Zone
HomeBase MapGreen Zone

Why Invest in City Walk

Gross rental yield
5.5–8.5%
Annual price growth
10–18%
Ownership
100% freehold
  • Up to 8.5% ROI on 1-BR — among highest in central Dubai
  • Northline launch pricing still ~30% below mature secondary
  • Walkable lifestyle — limits supply of comparable product
  • Meraas / Dubai Holding — government-backed delivery confidence
  • 100% freehold + Golden Visa above AED 2M

Indicative figures based on publicly available market data. Not a guarantee of returns or investment advice. Always verify with the developer and your own due diligence.

Price Guide — City Walk

1BR
from
AED 2.1M
2BR
from
AED 2.9M
3BR
from
AED 4.4M
4BR
from
AED 12M
5BR
from
AED 30M

Indicative starting prices from current off-plan inventory in City Walk. Actual prices depend on tower, floor, view and unit layout.

Frequently Asked Questions about City Walk

How many off-plan projects are currently available in City Walk?
There are 3 active off-plan projects in City Walk listed on HomeBase, from 1 developer.
What is the starting price for off-plan property in City Walk?
Off-plan units in City Walk currently start from AED 2.3M. Prices vary by tower, floor, view and unit layout.
When is the next handover in City Walk?
The earliest scheduled handover in City Walk on HomeBase is 2028, with projects continuing through 2029.
Where is City Walk located in Dubai?
City Walk is centrally located in Dubai, within easy reach of Downtown Dubai (5 min), Burj Khalifa & Dubai Mall (7 min), DIFC (8 min).
What is the rental yield in City Walk?
City Walk delivers an indicative gross rental yield of 5.5–8.5% — among the more attractive ranges in central Dubai. Actual yield depends on unit type, finish level and short-vs-long-term rental strategy.
Can foreigners buy off-plan property in City Walk?
Yes. City Walk is a 100% freehold area, meaning buyers of any nationality can own property here outright. Purchases above AED 2 million also qualify the buyer for the UAE Golden Visa (10-year residency).
What payment plans are typical for City Walk off-plan?
Most developers in City Walk offer staged payment plans — commonly 60/40, 50/50, or 20/60/20 (down payment / during construction / on handover). Plans are typically interest-free and structured around construction milestones. Check each project page for the exact plan.
Who are the main developers active in City Walk?
Currently the most active developers in City Walk on HomeBase are Meraas Holding.

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