City Walk Property Guide

City Walk Overview

City Walk is a master-planned, freehold mixed-use destination in central Dubai, located at the junction of Al Wasl Road and Al Safa Street, between Jumeirah and Sheikh Zayed Road. Developed by Meraas, part of Dubai Holding Real Estate, the community spans more than 900,000 square metres and brings together low-rise residential buildings, park-facing towers, open-air shopping streets, restaurants, hotels and landmark entertainment venues including Coca-Cola Arena and The Green Planet.

Since its first phase opened in 2016, City Walk has become one of Dubai’s most recognised urban neighbourhoods, known for its walkable boulevards, street art, boutiques and cafés. Its residential offer has grown with the Central Park at City Walk district, where new buildings overlook a landscaped park of around 46,600 square metres, adding contemporary homes to a lifestyle address minutes from Downtown Dubai and the Jumeirah coast.

Highlights

•           Walkable urban living: open-air boulevards lined with boutiques, cafés, restaurants and public art.

•           Central location: around 10 minutes from Downtown Dubai, DIFC and Business Bay, and minutes from La Mer and the Jumeirah coast.

•           Landmark venues: Coca-Cola Arena, The Green Planet and City Walk Mall within the community.

•           Central Park at City Walk: a large landscaped park at the heart of the newest residential district.

•           Premium homes: apartments, duplexes and penthouses by Meraas.

•           Freehold ownership: open to buyers of all nationalities.

•           Strong rental demand: rental contracts up more than 30% in 2025.

City Walk at a glance

•           Master developer: Meraas, part of Dubai Holding Real Estate

•           Location: Al Wasl Road and Al Safa Street, central Dubai

•           Total area: more than 900,000 square metres (around 9.7 million square feet)

•           Opened: first phase in 2016

•           Green space: around 30% of the overall development, including a park of around 46,600 square metres

•           Ownership: freehold, open to international buyers

•           Property types: apartments, duplexes, penthouses and hotel apartments

A lifestyle destination in the heart of Dubai

City Walk combines the character of a European-style urban quarter with the convenience of a central Dubai address. Residents live above and around the community’s streets, restaurants and entertainment venues, while the limited number of homes in such a central, fully established destination continues to support demand from owners and investors.

City Walk in Numbers

Key verified figures for City Walk, with the period and source type stated for market data.

Size and master plan

•           Total area: more than 900,000 square metres (around 9.7 million square feet)

•           Central Park: around 46,600 square metres (around 501,600 square feet) of landscaped park

•           Green space: around 30% of the development

•           Residential zones: City Walk Residential, Central Park at City Walk, and further Meraas projects including Verve City Walk, Northline and City Walk Crestlane

•           Entertainment venues: Coca-Cola Arena, Dubai’s largest multi-purpose indoor venue, and The Green Planet bio-dome

Market data

•           Average resale price per square foot: AED 2,765 in 2025, up 15.7% year on year (DLD-based resale report)

•           Resale value: around AED 1.67 billion across 407 resale transactions in 2025 (DLD-based resale report)

•           Rental contracts: 880 in 2025, up 30.4% year on year, worth around AED 212 million

•           Average rent per square foot: AED 138 in 2025, up 11.3% year on year

•           Gross rental yield: around 6.7% in 2025

Timeline

•           2013: City Walk launched by Meraas

•           2016: first phase of the shopping and residential district opens

•           2019: Coca-Cola Arena opens

•           2018 to 2022: Central Park at City Walk launched and released in phases

•           2020s: new residential projects continue to add to the community

Where Is City Walk? Location and Connectivity

City Walk sits in the heart of Dubai, between the Jumeirah coastline and Sheikh Zayed Road, at the junction of Al Wasl Road and Al Safa Street. It is surrounded by Al Wasl, Jumeirah, Al Satwa and the Downtown Dubai and DIFC business districts.

Community layout

•           City Walk Residential: low-rise apartment buildings around the retail boulevards.

•           Central Park at City Walk: park-facing residential buildings, including Fern, Erin, Castleton, Laurel, Myrtle, Viridian, Celadon and the Central Park Plaza towers.

•           Retail and dining streets: open-air promenades, City Walk Mall and outdoor plazas.

•           Entertainment: Coca-Cola Arena and The Green Planet.

Key distances and travel times

•           Downtown Dubai and The Dubai Mall: around 6 to 10 minutes by car.

•           DIFC and Business Bay: around 10 minutes.

•           La Mer and the Jumeirah coast: around 7 to 8 minutes.

•           Sheikh Zayed Road: around 5 minutes.

•           Dubai International Airport (DXB): around 15 to 20 minutes.

Road access

City Walk is served by Al Wasl Road and Al Safa Street, with fast links to Sheikh Zayed Road and Al Khail Road. Residents can reach Downtown Dubai, DIFC, the beach and the airport quickly.

Public transport

•           Dubai Metro: Burj Khalifa/Dubai Mall, Financial Centre and Business Bay stations on the Red Line are a short drive away.

•           Buses: RTA bus stops along Al Wasl Road serve the community.

•           Taxis and ride-hailing: widely available, with drop-off points across the district.

City Walk Master Plan

The City Walk master plan creates a pedestrian-friendly urban district where homes, shops, restaurants, entertainment and green space are woven together.

Development background

Meraas launched City Walk in 2013 with a vision of an open-air, walkable neighbourhood in central Dubai. The first phase opened in 2016, introducing a street-based shopping and dining district with residential buildings above and around it. Later phases added Coca-Cola Arena, The Green Planet and further residential buildings, and Central Park at City Walk extended the community with park-facing homes released in phases from 2018 onwards.

Planning principles

•           Walkability: shaded boulevards, plazas and pedestrian streets.

•           Mixed use: homes, retail, dining, hotels and entertainment within one district.

•           Green space: around 30% of the development dedicated to parks and landscaping.

•           Low- to mid-rise scale: residential buildings designed around the streetscape.

•           Destination venues: entertainment and culture that bring year-round activity.

Central Park at City Walk

Central Park at City Walk is the community’s newest residential district, built around a landscaped park of around 46,600 square metres. Its buildings offer one- to four-bedroom apartments, duplexes and penthouses with park views, jogging and cycling paths, play areas and direct access to the City Walk boulevards.

Developers and Projects in City Walk

City Walk is developed by Meraas, part of Dubai Holding Real Estate, which delivers both the master plan and the residential buildings.

Meraas residential projects

•           City Walk Residential: the original low-rise buildings around the retail promenades.

•           Central Park at City Walk: park-facing buildings including Fern, Erin, Castleton, Laurel, Myrtle, Viridian, Celadon, Thyme Central Park and the Central Park Plaza towers.

•           Verve City Walk: a residential tower with apartments and penthouses.

•           Northline: a residential building with apartments and penthouses.

•           City Walk Crestlane: duplex residences in selected buildings.

•           Rove City Walk: serviced hotel apartments.

New projects and phases are released periodically. Buyers should confirm each project’s details and registration with the developer and the Dubai Land Department.

Property types in City Walk

•           Studios and hotel apartments: compact homes, including serviced units.

•           One- and two-bedroom apartments: the largest share of the community’s homes.

•           Three- and four-bedroom apartments: larger family homes, many with park views.

•           Duplexes and penthouses: premium homes with expansive terraces.

City Walk Property Prices and Market Trends

The average resale price in City Walk reached AED 2,765 per square foot in 2025, up 15.7% year on year, with three-bedroom apartment prices rising 23%. Figures in this section are based on published analyses of Dubai Land Department (DLD) transaction data and market reports, with the period and source type stated. They should be confirmed at the time of purchase.

Market Overview

Demand in City Walk is shaped by its central location, its walkable lifestyle, its landmark venues and the limited number of homes within the district. The community attracts professionals, families and international buyers seeking a premium urban address close to Downtown Dubai, DIFC and the beach, and its rental market continues to grow strongly.

Key Market Indicators

•           Average resale price per square foot: AED 2,765 (2025), up 15.7% year on year.

•           Resale transactions: 407 (2025).

•           Total resale value: around AED 1.67 billion (2025).

•           Gross rental yield: around 6.7% (2025).

Typical Unit Sizes

•           Hotel studios: around 250 to 290 square feet.

•           One-bedroom apartments: around 675 to 850 square feet.

•           Two-bedroom apartments: around 1,150 to 1,900 square feet.

•           Four-bedroom apartments: more than 4,000 square feet.

•           Duplexes: around 4,400 to 6,300 square feet.

•           Penthouses: around 3,150 to 9,200 square feet.

Average Resale Prices by Unit Type

•           Studios: approximately AED 1.32 million (2025).

•           One-bedroom apartments: approximately AED 2.41 million (2025), up 10.1% year on year.

•           Two-bedroom apartments: approximately AED 4.06 million (2025), up 6.8% year on year.

•           Three-bedroom apartments: approximately AED 6.75 million (2025), up 23% year on year.

•           Four-bedroom apartments: approximately AED 11.5 million (2025).

Rental Market

•           Rental contracts: 880 in 2025, up 30.4% year on year.

•           Average rent per square foot: AED 138 (2025), up 11.3% year on year.

•           One-bedroom apartments: average annual rent of around AED 157,900, up 2.9% year on year.

•           Two-bedroom apartments: average annual rent of around AED 235,700, up 6.9% year on year.

•           Three-bedroom apartments: average annual rent of around AED 329,700, up 11.5% year on year.

•           Four-bedroom apartments: average annual rent of around AED 574,900, up 10.1% year on year.

Market Outlook

Several developments are expected to shape the City Walk market in the coming years:

•           Completion of further Central Park at City Walk phases

•           Continued maturity of the park, boulevards and retail streets

•           Ongoing events and visitors at Coca-Cola Arena and The Green Planet

•           Steady demand for premium homes in central Dubai close to Downtown Dubai and DIFC

Payment Plans and Buying Costs

•           Off-plan payment plans: staged payments during construction with a balance on handover, set by the developer.

•           Ready property: purchased outright or with a mortgage.

•           Dubai Land Department registration fee: 4% of the purchase price.

•           Service charges: payable annually to the owners’ association.

Upcoming Infrastructure in City Walk

City Walk continues to grow with new residential phases, public spaces and improvements across the surrounding central Dubai districts.

New residential deliveries

•           Central Park at City Walk: further park-facing buildings released in phases.

•           New Meraas launches: apartments, duplexes and penthouses within the community.

Community facilities

•           Central Park: landscaped lawns, walking and cycling paths, play areas and outdoor fitness spaces.

•           Retail and dining: new shops, cafés and restaurants along the boulevards.

•           Entertainment: concerts, sporting events and family shows at Coca-Cola Arena.

The wider area

•           Al Wasl Road and Al Safa Street: key routes connecting City Walk with Jumeirah, Downtown Dubai and Sheikh Zayed Road.

•           Downtown Dubai and DIFC: continuing investment in the city’s main business and leisure districts minutes away.

•           Jumeirah coast: La Mer and the beachfront a short drive from the community.

Long-term vision

As Central Park at City Walk is completed and the community’s streets and venues continue to mature, City Walk is set to strengthen its position as one of Dubai’s leading urban lifestyle addresses, combining central living, green space and entertainment in one walkable district.

Living in City Walk: Lifestyle and Amenities

Life in City Walk is built around its open-air streets, cafés, restaurants and entertainment venues, with the park, the beach and Downtown Dubai close by.

Shopping and dining

•           City Walk boulevards: fashion boutiques, concept stores, cafés and restaurants.

•           City Walk Mall: indoor shopping and a Carrefour Market for everyday needs.

•           Dining: a wide choice of international restaurants, coffee shops and rooftop venues.

Entertainment and attractions

•           Coca-Cola Arena: a 17,000-capacity indoor arena hosting concerts, sports and family events.

•           The Green Planet: an indoor tropical rainforest bio-dome.

•           Street art and events: public murals, seasonal markets and outdoor events.

•           Cinema and leisure: entertainment options within the district.

Parks and outdoor living

•           A landscaped central park of around 46,600 square metres

•           Shaded walkways, plazas and outdoor seating

•           Walking, jogging and cycling paths

•           Children’s play areas and family spaces

Education and healthcare

•           Schools: more than 20 schools within around 5 kilometres, including Citizens School, Jumeira Baccalaureate School, Horizons English School and Jumeirah English Speaking School.

•           Higher education: Canadian University Dubai within the community.

•           Healthcare: hospitals and clinics in Al Wasl, Jumeirah and Downtown Dubai a short drive away.

Community

City Walk is home to professionals, couples and families from around the world. Its walkable streets, central location and calendar of events create a lively urban neighbourhood with a strong sense of place.

How to Buy Property in City Walk

City Walk is a freehold area, so UAE nationals and international buyers can buy, own, let and resell property outright through the standard Dubai Land Department process.

Who Buys in City Walk

•           Investors: buyers seeking premium apartments in a central destination with strong rental demand.

•           Professionals: buyers working in DIFC, Downtown Dubai and Business Bay.

•           Families: buyers of larger park-facing apartments close to schools and the beach.

•           Residency seekers: buyers combining a home with eligibility for a UAE residence visa.

Ownership

Freehold ownership gives full title to the property, registered with the Dubai Land Department and recorded on a title deed, or on an Oqood certificate for off-plan purchases until handover. Off-plan projects are registered with the Real Estate Regulatory Agency (RERA), and buyers’ payments are held in a dedicated project escrow account.

Golden Visa and Residency

Property ownership in Dubai can qualify buyers for a UAE residence visa, including the 10-year Golden Visa when the property value meets the government threshold. Buyers should confirm the latest criteria with the Dubai Land Department or the General Directorate of Residency and Foreigners Affairs.

Letting Your Property

Long-term leases are registered with Ejari. Holiday-home lets require a permit from Dubai’s Department of Economy and Tourism, usually arranged through a licensed holiday-home operator.

City Walk FAQs

Where is City Walk located?

City Walk is located in central Dubai at the junction of Al Wasl Road and Al Safa Street, between Jumeirah and Sheikh Zayed Road, around 10 minutes from Downtown Dubai.

Who is the developer of City Walk?

City Walk is developed by Meraas, part of Dubai Holding Real Estate.

Can foreigners buy property in City Walk?

Yes. City Walk is a freehold area where international buyers can own property outright.

How big is City Walk?

City Walk covers more than 900,000 square metres, around 9.7 million square feet, with around 30% of the development dedicated to green space.

What is the average price per square foot in City Walk?

The average resale price was AED 2,765 per square foot in 2025, up 15.7% year on year. Full details are set out in the Property Prices section.

What types of property are available in City Walk?

Apartments from one to four bedrooms, duplexes, penthouses and serviced hotel apartments.

What attractions are in City Walk?

Coca-Cola Arena, The Green Planet, City Walk Mall and open-air streets of shops, cafés and restaurants.

Does buying in City Walk qualify for a Golden Visa?

Property ownership can qualify buyers for a UAE residence visa, including the 10-year Golden Visa when the property value meets the government threshold. Buyers should confirm the latest criteria before purchase.

Important Notice

This page is provided for general information only and does not constitute financial, legal or investment advice. Figures are based on publicly available market sources at the date of publication and may change. Illustrative examples are not forecasts, and past price performance does not guarantee future results. Project details, prices, payment plans and completion dates are subject to change by the developer. Readers should verify all information independently and consult licensed professionals before making any investment decision.