Ever took a stroll in the majestic City Walk Dubai and dreamt of owning any property there? Well, this should no longer be a dream. As prominent digital real estate investment platforms take lead in the region, prime properties in Dubai are becoming more and more accessible. Given the low barriers to entry, with investment minimums being as low as AED 500, becoming a property owner has never been so easy!
When it comes to luxury living particularly for apartments, one cannot but consider City Walk in Dubai. It is a sub-community of the larger Jumeirah community and is highly popular among both Emiratis and ex-pats. This incredible community was developed by Meraas, a prominent Dubai-based company that is also behind Bluewaters Island and The Walk, JBR. The project covers more than 900,000 square meters and is an urban infill project on previously undeveloped land. City Walk is home to some of Dubai’s most expensive apartments with average sales reaching AED 3 Million and rents around AED150000. As you can see below, on a long-term basis, rents in the area are expected to be around AED 125000.
Now, let’s look more closely at some of City Walk’s key characteristics that make it a good long-term option:
City Walk Dubai is a deluxe neighborhood in the heart of the city. It’s a vibrant, colorful, and elegantly built complex perfect for al fresco dining, fine dining, and family entertainment. City Walk Dubai offers a sense of European life in the center of Dubai. Ideally situated on Al Safa Road, between SZR and Al Wasl Road, at the Dubai Mall junction. City Walks developments are only minutes away from major touristic attractions like Burj Khalifa, Jumeirah Beach, and Downtown Dubai.
With its stunning views and modern community, along with multiple options for renting/buying property, provided with top-class amenities, City Walk Dubai will become one of the best attractions in the world.
The area provides you with a full-on experience, constituting of amazing leisure activities and amenities:
- City Walk Shopping Mall: how spectacular is having a blend of european fashion chic within Dubai’s luxurious community? The shopping district features a plethora of international designer stores like: Roberto Cavali, Weekend Max Mara, and Karl Lagerfeld. It also features exquisite restaurants enabling your taste buds to indulge in another adventure.
- Central Plaza: is located in the heart of City Walk Dubai, with contemporary art deco-style retail stores, as well as cooling walls for Dubai’s scorching summers and spectacular fountains.
- The YYA Exhibition: Locals and expatriates alike will love the YYA Exhibition at City Walk Dubai, which features wonderful food and the Young Artist Awards. A large number of artworks from the Middle East and North Africa (MENA) were showcased lately there.
- City Walk Hub Zero: kids will definitely fall in love with Hub Zero, which is a state-of-the-art indoor gaming arena for both serious and casual gamers. It has more than 8 private booths and 70 gaming stations, as well as plenty of space to play in an indoor arcade with your family and friends. It will also have a thrilling virtual reality arena that will enthrall everyone from children to adults.
Nature Surrounding You
With morning park runs, fresh air, and exciting evenings as part of your routine, Central Park at City Walk is an excellent location for a healthier and active lifestyle. It shall be completed in October 2021 and already receiving attention from all around the world. Central Park at City Walk is unlike any other place in Dubai, combining natural green spaces with city living. There is something for everyone, from calm lawns and yoga areas to tennis and basketball courts, a skatepark, and children’s play areas. All of this is set against a backdrop of breathtaking views of the Dubai cityscape on one side and the sea on the other.
Central Park at City Walk is part of a successful ongoing planned development and is connected by a well-established road network. It is located between Jumeirah Street and Sheikh Zayed Road. It will be one of the most sought-after neighborhoods in the city, bringing together the finest of what the city has to offer.
City Walk Dubai: A sound investment plan
With SmartCrowd’s updated reports revealing prices heading to an upward trend, given prices in the area have been up by 3% in this quarter alone, many investors are interested in availing this opportunity now. Moreover, with all the lavish amenities available and positive prospects, properties in the City Walk area are expected to grow in value over the coming years. So, keep an eye on our platform for some exciting investment opportunities in the astounding City Walk community.