City Walk Building 16
✓ Resale Available

City Walk Building 16

From AED 5.55M·Completed May 2017·Developer payment plan available Payment
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AED 5.55M
Starting Price
May 2017
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

City Walk Building 16 is the embodiment of modern comfort and a premium lifestyle in the very heart of the prestigious City Walk district, developed by Meraas. The complex features a basement level, a ground floor, and six residential stories. The building’s exterior impresses with elegant architectural lines and contemporary façades crafted from high-quality materials, seamlessly integrated into the refined aesthetic of City Walk. The interiors are meticulously designed: bright layouts, premium finishes and an exceptional attention to detail create an atmosphere of sophistication and contemporary comfort. The complex offers residences with 1 to 4 bedrooms, each combining spaciousness, functionality, and impeccable ergonomics. Residents enjoy a range of high-end amenities, including 24/7 security, state-of-the-art fitness centers, refreshing swimming pools, cozy lounge areas and lush landscaped spaces designed to elevate everyday living. Its prime location makes City Walk Building 16 one of the most desirable offerings in the area. Within just a few minutes’ walk are the boutiques, restaurants and cafés of the iconic City Walk. Coca-Cola Arena is a short 5-minute drive away. Jumeirah Beach is less than 10 minutes by car, while the legendary Burj Al Arab, La Mer Beach and Dubai International Airport can all be reached within approximately 15 minutes.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types2 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: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 239,483 / year
Cash-on-Cash
1.8%
Levered cashflow AED 56,333
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 360,750 / 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
City Walk Building 16 launch basis6,167AED 5.55MCurrent 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

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City Walk Building 16 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Central A/C
Children’s pool
Concierge Service
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Fitness Zone
Infinity pool
Jogging tracks
Kids Play Area
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Open Kids Play Area
Pets Allowed
Pool Deck
Recreational areas
Retail outlets
Rooftop Pool
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared gym
Sitting Area
Social zone
Walking paths

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

City Walk Building 16 by Meraas Developer

02

Located in City Walk

03

Starting from AED 5,550,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: May 2017

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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

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