Laurel
✓ Resale Available

Laurel

From AED 2.25M·Completed Nov 2025·Developer payment plan available Payment
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AED 2.25M
Starting Price
Nov 2025
Handover
Developer payment plan available
Payment Plan
1 BR · 2 BR
Type

Project Overview

Laurel is the fifth phase of Central Park at City Walk by Meraas. This exceptional development features more than 200 premium residential units, including high-end 1–4 bedroom apartments and two exclusive penthouses offering superior finishes and generously sized layouts. The building comprises a basement, a ground level and eleven residential floors topped by a rooftop area. Each residence comes with one or more balconies overlooking the park. Select 2-bedroom units, as well as all 3- and 4-bedroom apartments, include a maid’s room with an en-suite bathroom. Laurel provides an impressive collection of lifestyle amenities designed for comfort, wellness and leisure. Residents can enjoy swimming pools and water play areas, children’s playgrounds, a central park, jogging track, dog park, tennis and squash courts, a basketball court, outdoor gym and fitness stations, as well as spa and sauna facilities. Dedicated yoga and meditation zones, retail outlets, banquet facilities and outdoor barbecue areas further enhance the community’s appeal. The project boasts a prime location near Sheikh Zayed Road — one of Dubai’s most important highways. This allows convenient access to key destinations across the emirate: Burj Al Arab, La Mer Beach and Dubai International Airport are all reachable within approximately 15 minutes. Coca-Cola Arena is just 5 minutes away, while Jumeirah Beach can be reached in around 10 minutes.

Project Specifications
DeveloperMeraas Developer
LocationCity Walk
Unit Types1 BR, 2 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
Laurel 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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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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Amenities & Lifestyle

BBQ
Basketball court
Children’s pool
Coworking zone
Dining outlets (coffee houses & restaurants)
Football field
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Leisure areas
Lift
Meditation zone
Open air gym
Outdoor parking
Pets Allowed
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Tennis court
Walking paths
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

Laurel by Meraas Developer

02

Located in City Walk

03

Starting from AED 2,250,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Nov 2025

06

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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