Distress Deal – 1-Bedroom Apartment in Northline, City Walk by Meraas, Dubai
Ref: NTH-1BR-796-001
City Walk, United Arab Emirates
Bedrooms
1Down Payment
On RequestHandover Date
Q3-2027Request_call
Description
Distress Deal – 1-Bedroom Apartment in Northline, City Walk by Meraas, Dubai
High Floor | 796 Sqft | AED 1,950,000 | Save AED 210,000 on OP | Handover Q3 2027
A compelling distress entry into one of Dubai’s most aspirational urban addresses — a high-floor 1-bedroom apartment in Northline at City Walk, developed by Meraas, the Dubai-based developer behind City Walk, Bluewaters Island, La Mer, and The Beach at JBR. Spanning 796 sqft, this unit is offered at AED 1,950,000 — AED 210,000 below the original purchase price of AED 2,160,000, a reduction of approximately 9.7%. When the original buyer’s Dubai Land Department fees are factored in, the total all-in cost advantage to the new buyer reaches approximately AED 296,400. Handover is targeted for Q3 2027, positioning this as a near-to-handover off-plan asset in a Meraas-designed, Meraas-delivered community where values have tracked strongly since launch. For buyers seeking a City Walk address at below-market entry, this listing requires immediate action.
Property Highlights
- Property Type: Apartment
- Developer: Meraas
- Project: Northline at City Walk
- Community: City Walk, Dubai
- Bedrooms: 1 Bedroom
- Size: 796 sqft
- Floor: High Floor
- Selling Price (SP): AED 1,950,000
- Original Price (OP): AED 2,160,000
- DLD on Original Price (4%): AED 86,400
- Saving vs Original Price: AED 210,000 (≈9.7%)
- Total Saving vs OP + DLD: Approximately AED 296,400
- Price Per Sqft (SP): Approximately AED 2,450/sqft
- Handover: Q3 2027
- Status: Distress Property – Off-Plan Resale – Near to Handover
- Ownership: Freehold – Open to All Nationalities
Understanding the True Saving on This Deal
The AED 210,000 headline saving versus the original price tells one part of the story. Here is the full financial picture for a prospective buyer:
- Original Purchase Price (OP): AED 2,160,000
- Original DLD (4%): AED 86,400
- Original All-In Entry Cost: AED 2,246,400
- Selling Price (SP): AED 1,950,000
- Saving vs OP alone: AED 210,000 (≈9.7%)
- New Buyer DLD (4% on SP): AED 78,000
- DLD Line Saving vs Original: AED 8,400
- Effective Total Saving vs Original All-In: Approximately AED 296,400
- New Buyer Total Landed Cost: AED 2,028,000 + NOC + remaining costs
The new buyer enters at a landed cost approximately AED 218,400 below the original buyer’s total outlay — before accounting for any market appreciation that has occurred since the original purchase date.
About Northline at City Walk by Meraas
Northline is a premium residential development by Meraas, the Dubai-based developer behind some of the city’s most iconic lifestyle destinations. Positioned in City Walk — Meraas’ flagship urban lifestyle destination in central Dubai — Northline delivers a level of design quality and brand authority that few other developments in the community can match. The project rises as a contemporary residential tower with a strong architectural identity, offering residents direct integration into City Walk’s open-air boulevard, retail ecosystem, and leisure infrastructure while benefiting from Meraas’ delivery track record and financial strength as a publicly listed UAE developer.
Community and Lifestyle – City Walk, Dubai
- City Walk is Dubai’s most design-forward and lifestyle-curated urban neighbourhood, developed by Meraas
- Open-air retail boulevard with international boutiques, concept stores, Michelin-adjacent restaurants, and curated cafés
- Permanent home to Coca-Cola Arena — Dubai’s largest indoor multi-purpose entertainment venue (17,000+ capacity)
- Home to Roxy Cinemas, Dubai’s most design-conscious cinema experience
- Walking distance to DIFC, Business Bay, and Downtown Dubai via shaded pedestrian pathways
- Steps from Jumeirah Beach, La Mer, and the Meraas waterfront ecosystem
- Favoured by executives, creative professionals, diplomats, and international families
- One of Dubai’s most walkable communities — a genuine rarity in the emirate
Amenities
- Rooftop or podium swimming pool with elevated city views
- Fully equipped fitness centre and gymnasium
- Yoga and wellness studio
- Residents’ lounge and co-working or social spaces
- Landscaped outdoor terrace and relaxation areas
- Children’s play area
- Allocated covered parking space
- 24-hour concierge, lobby management, and building security
- High-speed lifts and smart building management
- Direct access to City Walk boulevard retail, dining, and entertainment
- Proximity to Coca-Cola Arena and Roxy Cinemas
- Full amenity specification subject to latest Meraas developer confirmation
Layout and Floor Plan
This 1-bedroom apartment in Northline spans 796 sqft on a high floor — a well-proportioned footprint that is above the City Walk 1-bedroom average and reflects Meraas’ commitment to spacious, liveable residential design. The high-floor position ensures elevated views of the City Walk neighbourhood, the wider Dubai skyline, and potentially toward the Burj Khalifa corridor. The layout is expected to include an open-plan living and dining area with a flowing connection to the balcony, a fully fitted kitchen with premium integrated appliances, a master bedroom with built-in wardrobes and an en-suite bathroom, and a private balcony commanding high-floor views. Meraas’ interior specification — including kitchen and bathroom finishes — is consistent with the developer’s premium brand positioning across its UAE portfolio. Detailed floor plans for this unit in Northline, City Walk are available on request.
Payment and Handover
This is an off-plan resale at a distress price of AED 1,950,000 — AED 210,000 below the original developer price. The payment structure depends on the original Meraas payment plan and the amount already settled by the current seller; the remaining balance and instalment obligations are to be confirmed before proceeding. Handover is targeted for Q3 2027. Standard Dubai transaction costs apply:
- Selling Price: AED 1,950,000
- Original Developer Price: AED 2,160,000
- Saving vs Original Price: AED 210,000 (≈9.7%)
- Effective Total Saving vs OP + DLD: Approximately AED 296,400
- Dubai Land Department Transfer Fee: 4% of SP = AED 78,000
- DLD Registration Fee: AED 4,000
- Developer NOC Fee: Applicable — to be confirmed with Meraas
- Remaining Developer Instalments: To be confirmed from original Meraas payment plan
- Agency / Brokerage Fee: Available on request
- Handover: Q3 2027 — confirm latest schedule with Meraas
Location and Connectivity
- DIFC: Approximately 5–8 minutes by car or walkable via Al Wasl Road
- Downtown Dubai and Burj Khalifa: Approximately 5–10 minutes by car
- Dubai Mall: Approximately 5–10 minutes by car
- Business Bay: Approximately 5–8 minutes by car
- Jumeirah Beach: Approximately 5–10 minutes by car
- La Mer by Meraas: Approximately 8–12 minutes by car
- Boxpark Dubai: Approximately 5–8 minutes by car
- Dubai International Airport (DXB): Approximately 20–25 minutes by car
- Al Wasl Road: Direct access from City Walk
- Sheikh Zayed Road (E11): Approximately 5 minutes
Why This Distress Deal in Northline, City Walk Demands Attention
- Priced AED 210,000 below original developer price — immediate equity on entry in a market where City Walk values have generally tracked upward since launch
- Total effective saving of approximately AED 296,400 versus original all-in entry cost including DLD
- High floor amplifies the value proposition — elevated views command a genuine rental premium over lower-floor equivalents in City Walk
- 796 sqft is above the City Walk 1-bedroom average — larger units achieve stronger rents and attract higher-quality tenants
- Q3 2027 handover — short runway to rental income or occupancy for buyers acting now
- Meraas is one of Dubai’s most iconic and design-driven developers — responsible for City Walk, Bluewaters Island, La Mer, and The Beach at JBR, with a track record of delivering communities that consistently appreciate in value
- City Walk delivers among the highest gross rental yields for 1-bedroom apartments in central Dubai, driven by lifestyle prestige and walkability
- Freehold — open to all nationalities; UAE Golden Visa eligible at this investment level
Frequently Asked Questions (FAQs)
What is the selling price and what is the real saving on this distress deal?
The apartment is listed at AED 1,950,000 — AED 210,000 (approximately 9.7%) below the original purchase price of AED 2,160,000. The original buyer also paid AED 86,400 in DLD fees on the original price, while the new buyer pays DLD at 4% on AED 1,950,000 (AED 78,000). The total effective saving versus the original all-in entry cost is approximately AED 296,400. The new buyer’s landed cost is around AED 2,028,000 before NOC and remaining instalment obligations.
Why is this classified as a distress property?
The seller is offering the unit below their original purchase price — a clear signal of a motivated seller who needs to exit before handover. This creates a genuine opportunity for a buyer to acquire a near-to-handover Meraas unit in City Walk below its original developer pricing and below the likely handover valuation.
Who is the developer of Northline at City Walk?
Northline is developed by Meraas, Dubai’s most design-led developer. Meraas is the master developer of City Walk itself — the very community in which Northline sits. No other developer brings greater placemaking authority, design consistency, and delivery credibility to this address than Meraas.
What is the size and what does a high-floor position offer in Northline?
The apartment spans 796 sqft — a well-proportioned 1-bedroom above the typical City Walk average. The high-floor position delivers elevated views above the City Walk neighbourhood roofline toward the broader Dubai skyline and potentially the Burj Khalifa corridor. High-floor units consistently command rental premiums of 5–15% over lower-floor equivalents in premium City Walk towers.
What views can be expected from a high floor in Northline, City Walk?
High-floor units in Northline are expected to offer views over the City Walk community, the Dubai skyline, and toward the Downtown Dubai and Burj Khalifa horizon. The precise view orientation for this specific unit — city-facing, Burj-facing, or neighbourhood-facing — is available on request. Please contact our team for unit-specific view details before proceeding.
Is Northline at City Walk freehold and can all nationalities purchase?
Yes. City Walk is a designated freehold zone in Dubai under UAE property law, open for purchase by all nationalities. At AED 1,950,000, buyers are also eligible to apply for a UAE Golden Visa — please enquire for current eligibility conditions and thresholds.
When is the handover for Northline at City Walk?
Handover is targeted for Q3 2027. Buyers should confirm the most current handover schedule directly with Meraas or our advisory team before finalising any purchase, as developer timelines may be updated as the project progresses.
What are the total purchase costs including DLD fees?
The DLD transfer fee of 4% on AED 1,950,000 is AED 78,000. A registration fee of AED 4,000 also applies. A developer NOC fee from Meraas is applicable and to be confirmed. Any remaining instalments on the original Meraas payment plan will need to be factored into the buyer’s total capital requirement. A complete personalised cost breakdown is available on request.
What is the rental yield potential for a 1-bedroom in Northline, City Walk?
City Walk consistently achieves among the highest gross rental yields for 1-bedroom apartments in central Dubai, underpinned by its lifestyle prestige, walkability score, international F&B and retail offering, and DIFC proximity. A high-floor 1-bedroom in Northline at 796 sqft — above the community average — is expected to command a rental premium over smaller or lower-floor City Walk units. Detailed yield projections are available on request.
How do I secure this unit or access full details?
Given the combination of a below-original-price entry, Meraas developer credentials, and a Q3 2027 City Walk handover, this unit is expected to attract serious buyer interest quickly. Contact our team immediately via the enquiry form or WhatsApp to receive the full floor plan, payment plan schedule, Meraas NOC details, and to proceed toward a reservation. Early movers will be prioritised.
Payment_Plan
| Milestone | Payment% |
|---|---|
| Down_Payment | On Request |
Features
Gallery
Faq's
Location Map
Explore the Best Residential Areas for Your Future Home
Top Areas In Dubai, UAE