Erin
✓ Resale Available

Erin

From AED 2.25M·Completed Jun 2026·Developer payment plan available Payment
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AED 2.25M
Starting Price
Jun 2026
Handover
Developer payment plan available
Payment Plan
1 BR · 2 BR
Type

Project Overview

Erin is a development by Meraas that seamlessly combines luxury, comfort and natural aesthetics. It is located in the City Walk district and is part of the prestigious Central Park community. The contemporary architecture of the complex blends harmoniously with its surroundings, while the use of natural materials creates a warm and elegant atmosphere. The building features a basement level, a ground floor, eleven residential floors and a rooftop level. Erin offers a variety of residences, ranging from cozy 1–4 bedroom apartments to spacious 5-bedroom penthouses. The living spaces are meticulously designed, integrating smart home technologies with refined interior aesthetics. Floor-to-ceiling windows provide impressive views of the lush park and the dynamic Dubai skyline. The complex offers everything needed for a comfortable and well-balanced lifestyle, including a swimming pool, gym, water play areas, sports courts, picnic pavilions, a spa center with a sauna, yoga and meditation zones, barbecue areas and even conference rooms. Thanks to its prime location, residents of Erin remain at the heart of the action. The complex is situated near major transport arteries and is just a few minutes’ walk from the City Walk retail area and the beach. Iconic Dubai destinations — Burj Al Arab, La Mer, Palm Jumeirah and Dubai Marina — are reachable within 15–20 minutes by car. Al Maktoum International Airport is a 50-minute drive away.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types1 BR, 2 BR, 3 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: 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 97,088 / year
Cash-on-Cash
1.8%
Levered cashflow AED 22,838
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 146,250 / 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
Erin launch basis2,500AED 2.25MCurrent 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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Erin 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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Floor Plans

Erin — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Central A/C
Children’s pool
Cinema
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Laundry
Pets Allowed
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness

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

Erin by Meraas Developer

02

Located in City Walk

03

Starting from AED 2,250,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Jun 2026

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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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