Distress Deal | Central Park at City Walk | 2BR Apartment at City Walk | 17.6% below current average resale Below OP

• 2 Bedroom Apartment — Direct Central Park View — Ready, Meraas, City Walk, Al Wasl, Dubai, UAE — DLD-confirmed resale comps within same building: AED 5,350,000 (AED 3,177/sqft); AED 4,500,000 (AED 3,076/sqft); AED 4,440,000 (AED 3,033/sqft); AED 4,150,000 (AED 2,815/sqft).
• 1,466 sqft BUA (136.19 sqm) | 1 Covered Parking | Semi-Furnished | Direct Central Park View — 9-Hectare Green Lung | Mid Floor
• Asking Price: AED 3,800,000 — AED 810,000 (17.6% below current average resale) below original price of AED 3,800,000; AED 810,000 below current market value of AED 4,610,000
• Payment status: 100% paid by seller (AED 3,800,000); buyer completes immediate title transfer
• Handover: Ready — Immediate Transfer | City Walk — Meraas’s flagship urban lifestyle community with 300+ retail units and 9-hectare Central Park

What is this Central Park at City Walk 2BR deal in City Walk?

This is a verified motivated-seller distress listing at Central Park at City Walk by Meraas in City Walk. The seller is exiting at AED 810,000 (17.6% below current average resale) below the original purchase price of AED 3,800,000, handing the incoming buyer AED 810,000 in immediate paper equity versus the current secondary market value of AED 4,610,000. At AED 2,592/sqft, this 1,466 sqft 2BR enters the City Walk market at a price that is AED 433/sqft below the current City Walk resale comparable of AED 3,025/sqft — a built-in discount of 14.3% from the moment of signing. City Walk recorded 2,100 DLD-registered residential transactions in 2025, up 14% year-on-year, confirming the depth of buyer liquidity that supports any future disposal.

The unit is positioned on Mid Floor at Central Park at City Walk, delivering Direct Central Park View — 9-Hectare Green Lung. Semi-Furnished specification means the buyer benefits from the flexibility to finish the unit to their own specification while capitalising on the seller discount. This is a ready unit — title can be transferred immediately at the Dubai Land Department with no construction waiting period and no handover risk.

The seller’s exit is driven by a genuine personal liquidity need — not a change in market outlook, developer delivery risk or asset-specific concern. Having committed AED 3,800,000 (100% of the original price) in capital, the seller is crystallising a loss of AED 810,000 rather than holding through the Ready — Immediate Transfer handover. For the buyer, this is an entry at AED 2,592/sqft against a City Walk resale market of AED 3,025/sqft and new off-plan launches pricing at AED 3,800/sqft — a simultaneous discount to both current resale and future replacement cost that cannot be achieved through any direct developer channel in City Walk today.

Central Park at City Walk City Walk — Property Specifications

• Project: Central Park at City Walk
• Developer: Meraas
• Community: City Walk, Al Wasl, Dubai
• Unit Type: 2 Bedroom Apartment — Direct Central Park View — Ready
• BUA: 1,466 sqft (136.19 sqm)
• Bathrooms: 2
• Parking: 1 Covered Space
• Floor: Mid Floor
• View: Direct Central Park View — 9-Hectare Green Lung
• Furnishing: Semi-Furnished
• Handover: Ready — Immediate Transfer
• Ownership Type: Freehold — Open to All Nationalities
• Listing Reference: CENTRAL-PARK-CW-2BR-READY-DISTRESS-001

Payment Plan Breakdown — What the Buyer Takes Over

• Total Paid by Seller (100%): AED 3,800,000 — seller has fully satisfied all original payment obligations to Meraas
• Buyer Pays Seller at DLD Transfer: AED 3,800,000 — full agreed selling price paid at Dubai Land Department registration
• DLD Registration Fee (4%): AED 152,000 — mandatory property transfer fee paid by buyer directly to DLD
• Trustee and Conveyancing Fee: approx. AED 4,000–5,500 — standard DLD trustee administrative fee
• TOTAL ALL-IN BUYER COST: AED 3,957,000 (purchase price + DLD + trustee). Zero agent fee for buyer.

For this ready unit, the transaction proceeds as a standard Dubai Land Department title transfer. The seller obtains a No Objection Certificate (NOC) from Meraas; both parties execute a Memorandum of Understanding (MOU) with a 10% escrow deposit of AED 380,000; both parties or their authorised agents attend DLD to register the title deed transfer; the buyer pays the DLD fee of AED 152,000 (4% of selling price) directly to the regulator. The full process from MOU to title registration takes 7–21 days. DistressPropertyFinder.com manages the end-to-end transaction.

Pricing Analysis — Why This is a Deal in 2026

• Original Purchase Price (OP): AED 3,800,000
• DLD Registration Fee (4%): AED 152,000
• Total Original Cost (OP + DLD): AED 3,952,000
• Seller’s Asking Price: AED 3,800,000
• Seller’s Loss vs OP: AED 810,000 (17.6% below current average resale) — genuine cash loss, not a paper adjustment
• Current City Walk Market Value: AED 4,610,000
• Buyer’s Day-One Unrealised Equity: AED 810,000 (21.3% of acquisition price)
• This Listing — Price per Sqft: AED 2,592/sqft
• City Walk Current Resale Market — Price per Sqft: AED 3,025/sqft (source: Central Park City Walk 2BR average DLD resale)
• New Off-Plan Launches in City Walk (2025–2026): AED 3,800+/sqft
• Estimated Gross Rental Yield at Asking Price: 5.0%–6.8% p.a.
• Estimated Annual Rent (Mid-Range): AED 220,000/yr
• Estimated Annual Service Charge: AED 28,000/yr
• Total All-In Acquisition Cost (Price + DLD): AED 3,952,000
• Agent Fee for Buyer: Zero

At AED 2,592/sqft, this unit sits AED 433/sqft (14.3%) below the current City Walk secondary market average and AED 1,208/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today would pay materially more for an equivalent City Walk address with a 2–3 year construction wait and no existing owner discount. At a gross rental yield of 5.8% on the mid-range annual rent estimate of AED 220,000, this unit provides AED 192,000/yr net of service charges on a day-one basis — before any capital appreciation across the Ready — Immediate Transfer hold period is factored in.

City Walk Location — Why This Community Matters

City Walk is Meraas’s flagship urban lifestyle community — a 4-million sqft mixed-use development combining freehold residential towers with the largest open-air mall in Dubai, Central Park (9 hectares), and a curated dining, retail and entertainment district. Central Park at City Walk Residences is the only directly park-fronting residential building in the community, with direct access to the green lung at the centre of the City Walk masterplan.

City Walk is served by the Safa Park Bus Terminus and D02 route to World Trade Centre Metro. Sheikh Zayed Road is 400m to the east. La Mer Beach is a 5-minute drive. The community sits between Jumeirah 1 and Al Safa 1 — among Dubai’s most established residential neighbourhoods.

2BR City Walk apartments with direct park views currently achieve AED 190,000-260,000/yr in annual leases. Central Park Residences commands a 20-30% premium over non-park-fronting City Walk towers due to its unique green-space amenity — a feature that cannot be replicated by any new development in the area. Recent resale transactions in the building (AED 4,150,000-5,350,000) at AED 2,815-3,177/sqft confirm the current market. This distress unit at AED 3,800,000 (AED 2,592/sqft) is AED 810,000 below average resale at AED 4,610,000.

City Walk recorded 2,100 transactions in 2025, reflecting its boutique character. Meraas-developed ready properties in City Walk have historically appreciated 8-12% annually since community maturation in 2020. The AED 800,000 below-market discount on this unit (17.6% below average resale) compresses to zero at any future exit — creating an asymmetric return profile with meaningful downside protection.

City Walk Distances & Connectivity

• City Walk Retail District: 0.1 km — Lifestyle & Retail
• Burj Khalifa: 3 km — Iconic Landmark
• Dubai Mall: 3 km — Shopping & Entertainment
• Downtown Dubai: 3 km — Urban District
• DIFC: 5 km — Financial Centre
• Dubai International Airport DXB: 14 km — International Airport
• La Mer Beach: 3 km — Beachfront Leisure
• Jumeirah Mosque: 2 km — Cultural Landmark

Central Park at City Walk — Building & Amenities

• Direct 9-Hectare Central Park Access from Building
• Rooftop Infinity Swimming Pool
• State-of-the-Art Fully Equipped Gymnasium
• 24-Hour Concierge and Security
• Covered Parking (1 Space)
• Kids Pool and Dedicated Play Area
• City Walk Retail District at Doorstep (300+ stores)
• BBQ and Outdoor Entertainment Deck
• Landscaped Green Terrace Gardens
• High-Speed Smart Lifts
• Outdoor Running and Cycling Tracks
• On-Site Dining — Multiple F&B Outlets

Who Should Buy This Central Park at City Walk 2BR in City Walk?

1. The Capital-Efficient Below-Market Investor: You have been tracking City Walk fundamentals and seeking a distress entry below current resale pricing. At AED 2,592/sqft versus market AED 3,025/sqft and new off-plan at AED 3,800/sqft, this unit provides AED 810,000 in day-one unrealised equity — a 21.3% immediate paper return. Your investment begins generating income from day one via Ejari registration.
2. The End-User Buyer or Lifestyle Purchaser: You are currently renting in City Walk or a neighbouring community and want to own rather than lease. Typical 2BR rents in City Walk range from AED 190,000 to AED 260,000/yr — equating to a mortgage-equivalent buy decision. At AED 3,952,000/yr all-in (including DLD, zero agent fee), ownership of a 1,466 sqft Semi-Furnished 2BR with Direct Central Park View — 9-Hectare Green Lung delivers both lifestyle value and equity accumulation that renting cannot replicate. The unit is ready — you can move in or register an Ejari lease on day one.
3. The Portfolio Diversifier and Institutional Acquirer: You already hold property in a mature Dubai sub-market and are seeking a high-conviction, below-replacement-cost position in City Walk to diversify your income base. Meraas’s brand provides institutional-quality exit liquidity at any future disposal — secondary buyers recognise the developer premium and price accordingly. The AED 810,000 built-in equity provides a meaningful margin of safety against short-term market softening, while the semi-furnished specification allows cost-controlled customisation with the discount providing the capex budget. City Walk’s 2,100 annual transactions (2025) confirm strong liquidity depth for a future exit at any timeline.

How to Acquire This Central Park at City Walk Unit — Step by Step

1. Express Interest (Day 0): Contact Distress Property Finder quoting listing reference CENTRAL-PARK-CW-2BR-READY-DISTRESS-001. We share full SPA, all payment receipts (AED 3,800,000 confirmed to Meraas), unit floor plan and title deed extract within 24 hours.
2. Documentation Review (Day 1–3): Examine the original SPA with Meraas, DLD registration certificate, all installment payment receipts, and current building progress report. Independent legal review via a UAE-registered conveyancer is recommended.
3. Sign MOU — Form F (Day 3–7): Execute the Memorandum of Understanding with the seller. A 10% deposit of AED 380,000 is held by a DLD-registered trustee in escrow pending NOC.
4. Obtain Meraas NOC (Day 7–17): DistressPropertyFinder.com submits the title transfer application to Meraas. NOC is typically issued within 5–10 business days. Developer trustee fee of approximately AED 5,000–6,500 applies.
5. Execute Transfer SPA (Day 15–20): Both parties sign the transfer documentation and the buyer receives the new title deed from Meraas.
6. Dubai Land Department Registration (Day 17–22): Both parties attend DLD (or authorise a licensed registered agent). Buyer pays DLD registration fee of AED 152,000 (4% of selling price) directly to DLD. Title deed issued: 1–3 business days.
7. Final Payment to Seller (Day 17–22): Buyer pays AED 3,800,000 to the seller at DLD registration. MOU escrow deposit is credited against this amount.
8. Keys and Immediate Occupancy (Post-Transfer): The unit is vacant and ready for immediate occupation or Ejari registration. DistressPropertyFinder.com manages the full process from MOU to title deed.