City Walk Myrtle
✓ Resale Available

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
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 81,985 / year
Cash-on-Cash
1.8%
Levered cashflow AED 19,285
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 123,500 / 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
City Walk Myrtle launch basis2,111AED 1.90MCurrent 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

City Walk Myrtle — View 2
City Walk Myrtle — View 3
City Walk Myrtle — View 4
City Walk Myrtle — View 5
City Walk Myrtle official render 1

City Walk Myrtle official render 1

City Walk Myrtle official render 2

City Walk Myrtle official render 2

City Walk Myrtle official render 3

City Walk Myrtle official render 3

City Walk Myrtle official render 4

City Walk Myrtle official render 4

City Walk Myrtle official render 5

City Walk Myrtle official render 5

Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Flexible Payment

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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

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 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

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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