Central Park Plaza
Off-Plan

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 349,515 / year
Cash-on-Cash
2.2%
Levered cashflow AED 82,215
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 526,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Central Park Plaza launch basis9,000AED 8.10MCurrent launch / asking basis
City Walk ready-stock comps1,500AED 1.35MIndicative resale benchmark
City Walk premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Central Park Plaza — View 2
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Central Park Plaza official render 1

Central Park Plaza official render 1

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Central Park Plaza official render 5

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Central Park Plaza official render 7

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Central Park Plaza official render 8

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Central Park Plaza official render 9

Central Park Plaza official render 10

Central Park Plaza official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

Accepted payment methods: bank_check, bank_transfer

Flexible Payment

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Floor Plans

Central Park Plaza — 1 Bedroom Floor Plan

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

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
City WalkCity WalkDubai, UAE

Developer Track Record

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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