
Central Park Plaza is the final phase of the Central Park project by Meraas. The development offers 1–4 bedroom apartments and three-storey penthouses, located across two towers, each featuring a basement level, a ground floor, and a rooftop. Tower A comprises twenty-three residential floors, while Tower B includes twenty residential floors. This project also presents exclusive townhouses with access to the park. The building of the complex fits perfectly into the environment thanks to facades made of high quality natural materials, metal inserts and panoramic windows. The interiors of the residences are made with high quality natural materials, and the main feature are open kitchens and spacious balconies, which offer mesmerizing views of the sea and the park. On the first floor there is a recreation area, and in the very center of the complex there is a large park with children's playgrounds, walking and jogging paths and recreation areas with barbecues. There is also a gym, infinity pool, spa, co-working spaces, meeting and event halls and 24-hour security with video surveillance. Central Park Plaza is strategically located in the City Walk area, giving residents quick access to key locations in Dubai. Dubai Mall, Burj Khalifa and Jumeirah Beach are just 10 minutes away, while Dubai International Airport is a 20-minute drive away.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Central Park Plaza launch basis | 9,000 | AED 8.10M | Current launch / asking basis |
| City Walk ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| City Walk premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |











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City Walk
Central Park Plaza by Meraas Developer
Located in City Walk
Starting from AED 8,100,000
Unit mix includes 3 BR, Apartments
Expected handover: Jul 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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