City Walk Crestlane 5
Off-Plan

City Walk Crestlane 5

From AED 2.77M·Handover Apr 2030·20% down payment Payment
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AED 2.77M
Starting Price
Apr 2030
Handover
20% down payment
Payment Plan
1 BR · 4 BR
Type

Project Overview

City Walk Crestlane 5 is a residential complex by Meraas, located within the City Walk district in central Dubai. The tower consists of a ground floor and twelve residential floors. The architectural concept of the project is based on a contemporary interpretation of an urban resort lifestyle, with an emphasis on horizontal lines, panoramic glazing and terraced forms integrated into a water-and-landscape setting. The building is oriented toward the canals and landscaped gardens, creating a private and tranquil atmosphere in the heart of the city. The project offers one-, two- and three-bedroom apartments, as well as special residences and duplexes with three and four bedrooms. The layouts are designed to maximise natural light and visual connections with the water and green spaces. The interiors are complemented by well-thought-out functional solutions, high-quality finishes and kitchens with premium materials. Residents have access to leisure areas, play and multi-purpose rooms, indoor and outdoor fitness zones, dedicated areas for running and strength training, resort-style swimming pools, children’s playgrounds, jogging and cycling tracks, tennis courts, multi-functional spaces and an outdoor cinema. The location provides excellent connectivity: City Walk Mall – 2 minutes, Sheikh Zayed Road – 3 minutes, Jumeirah Beach and Dubai Mall – 7 minutes, Dubai International Airport – 11 minutes, DIFC – 15 minutes.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types1 BR, 4 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 119,569 / year
Cash-on-Cash
2.2%
Levered cashflow AED 28,126
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 180,115 / 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 5 launch basis3,079AED 2.77MCurrent 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 5 official render 1

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City Walk Crestlane 5 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

City Walk Crestlane 5 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Bike path
Billiards
Cabanas
Covered gym
Coworking zone
Event Lawns
Fitness Zone
Gaming Lounge
Indoor Multipurpose Space
Infinity pool
Jogging tracks
Kids Club
Kids Play Area
Kids splash pad
Lagoon style swimming pool
Library
Lift
Lobby
Lounge
Multipurpose Sports Courts
Outdoor Multipurpose Space
Outdoor cinema
Paddle court
Pool Deck
Pool Lounge
Private pool
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Sunken Seating
Tennis court
Walking paths
Yoga Area
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 5 by Meraas Developer

02

Located in City Walk

03

Starting from AED 2,771,000

04

Unit mix includes 1 BR, 4 BR, Apartments

05

Expected handover: Apr 2030

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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