Fern
Off-Plan

Fern

From AED 3.65M·Handover Jul 2026·Developer payment plan available Payment
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AED 3.65M
Starting Price
Jul 2026
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Fern is a residential complex by Meraas, located in Central Park at City Walk. The project is a modern building, the architectural structure of which includes is basement level, a functional ground floor and 21 residential levels. The exterior of the object stands out for its dynamic shapes and large-scale panoramic glazing. The elegant lines of the balconies and outdoor terraces visually complement the facades, creating the effect of a multi-level vertical garden harmoniously integrated into the natural landscape. The interior spaces of the complex are represented by exquisite apartments with a number of bedrooms from one to four, as well as exclusive penthouses. Interior decoration in a light natural palette, where the combination of natural stone and premium wood textures creates an atmosphere of refined comfort. Residents have access to a wide range of first-class amenities, including an infinity pool with scenic views, an equipped fitness center, cozy barbecue areas and relaxation spaces. A special advantage is the access to the park infrastructure with running tracks and modern playgrounds. The convenient location provides excellent transport accessibility: it takes only 8 minutes to get to Dubai Mall, 10 minutes to get to Jumeirah Beach, and 15 minutes to get to Dubai International Airport. The proximity to the key highways Al Wasl Road and Sheikh Zayed Road allows you to quickly move anywhere in the city.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types2 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 157,498 / year
Cash-on-Cash
2.2%
Levered cashflow AED 37,048
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 237,250 / 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
Fern launch basis4,056AED 3.65MCurrent 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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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

Developer payment plan available

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Amenities & Lifestyle

BBQ
Basketball Half Court
Bike path
Central A/C
Dining outlets (coffee houses & restaurants)
Dog walking area
Fitness Zone
Infinity pool
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Meditation zone
Multipurpose Sports Courts
Open air gym
Outdoor Multipurpose Space
Parking
Pets Allowed
Recreational areas
Resting Areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Sitting Area
Skate Park
Sleep Over Snug (Nursery)
Social zone
Sports ground
Tennis court
Walking paths
Yoga Area

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

Fern by Meraas Developer

02

Located in City Walk

03

Starting from AED 3,650,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jul 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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