Central Park Plaza — project image
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Central Park Plaza

From AED 8.10M·Handover Jul 2027·Accepted payment methods: bank_check, bank_transfer Payment
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AED 8.10M
Starting Price
Jul 2027
Handover
Accepted payment methods: bank_check, bank_transfer
Payment Plan
3 BR · Apartments
Type

Project Overview

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.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types3 BR, Apartments
AreaCity Walk
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 349,515 / year
Cash-on-Cash
2.2%
Levered cashflow AED 82,215
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 3.73M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Accepted payment methods: bank_check, bank_transfer

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Kids Play Area
Leisure areas
Pets Allowed
Retail outlets
SPA
Shared Pool
Shared gym & fitness

Location

City Walk

Nearby Destinations

City Walk

Developer and Project Facts

01

Central Park Plaza by Meraas Developer

02

Located in City Walk

03

Starting from AED 8,100,000

04

Unit mix includes 3 BR, Apartments

05

Expected handover: Jul 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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