City Walk Crestlane 3
Off-Plan

City Walk Crestlane 3

From AED 3.25M·Handover Oct 2028·Accepted payment methods: bank_check, bank_transfer Payment
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AED 3.25M
Starting Price
Oct 2028
Handover
Accepted payment methods: bank_check, bank_transfer
Payment Plan
1 BR · Apartments
Type

Project Overview

City Walk Crestlane 3 is the third phase of the premium project by Meraas, located in the vibrant City Walk community. The complex consists of two towers featuring a basement level, ground floor, as well as ten and eleven residential floors respectively. The project offers 1-4-bedroom apartments with picturesque views of the park and water features. The architecture showcases a modern aesthetic with clean lines and neutral tones. Designed for contemporary lifestyles, the residences feature high-quality finishes and well-thought-out layouts that enhance everyday comfort and functionality. Residents of City Walk Crestlane 3 enjoy access to a wide range of premium amenities. From luxurious swimming pools with lounge areas to a state-of-the-art fitness center and yoga studio, everything is designed to support a healthy lifestyle. Families will appreciate the children’s play areas and development rooms, while numerous communal spaces and lush green corners offer perfect spots to relax or socialize with friends. City Walk Crestlane 3 boasts a prime location with direct access to Dubai’s most iconic destinations. Just 10 minutes from the pristine shores of Jumeirah Beach and only 5 minutes from the bustling Downtown, the complex is seamlessly connected to the city through major highways and road networks.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types1 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 140,238 / year
Cash-on-Cash
2.2%
Levered cashflow AED 32,988
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 211,250 / 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 Crestlane 3 launch basis3,611AED 3.25MCurrent 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 Crestlane 3 official render 1

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City Walk Crestlane 3 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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Amenities & Lifestyle

Bike path
Children’s pool
Club house
Conference room
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Outdoor cinema
Recreational areas
Shared Pool
Shared gym & fitness
Social zone
Sports ground
Walking paths
Yoga studio

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 Crestlane 3 by Meraas Developer

02

Located in City Walk

03

Starting from AED 3,250,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Oct 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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