City Walk Myrtle — project image
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City Walk Myrtle

From AED 1.90M·Completed Apr 2025·Developer payment plan available Payment
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AED 1.90M
Starting Price
Apr 2025
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

City Walk Myrtle is a modern apartment complex located in the prestigious City Walk area. The building has a configuration that includes a basement and a ground floor, seven residential floors with a roof. The exterior of the City Walk Myrtle features an elegant and minimalistic design, with an emphasis on large windows providing plenty of natural light. The facade is decorated in bright colors using high-quality materials. The complex offers apartments with one or two bedrooms, designed for a comfortable life. The interiors of City Walk Myrtle are designed in a modern style using a neutral color palette and high-quality finishes. The spaces are bright and spacious, with a functional layout. Residents of City Walk Myrtle have access to numerous amenities, including a swimming pool and water play areas, a modern gym, children's playgrounds and recreation areas, running tracks and tennis courts. The location of the City Walk Myrtle provides easy access to Dubai's key attractions. City Walk shopping malls and restaurants are within walking distance. Dubai Mall is just a 5–minute drive away, Burj Khalifa is 7 minutes away, and Jumeirah Beach can be reached in 10 minutes.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types1 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 81,985 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,285
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 874,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Basketball court
Bike path
Children’s pool
Dog walking area
Jogging tracks
Kids Play Area
Leisure areas
Lift
Lobby
Meditation zone
Open air gym
Recreational areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Sports ground
Tennis court
Yoga studio

Location

City Walk

Nearby Destinations

City Walk

Developer and Project Facts

01

City Walk Myrtle by Meraas Developer

02

Located in City Walk

03

Starting from AED 1,900,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Apr 2025

06

Official render/gallery images available

Available for Resale

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Property Enquiries

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

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