Distress Property, OFF PLAN

Urgent Deal: 3 Bedroom in Central Park Plaza, City Walk – 19% Below Market | AED 7,750,000

Ref: MERAAS-CPP-3BR-2228-001

Meraas

City Walk, United Arab Emirates

Bedrooms

3

Down Payment

Available on request

Handover Date

Q3-2027
aed 7,750,000
Request_call
Description

Urgent Deal: 3 Bedroom in Central Park Plaza, City Walk – 19% Below Market | AED 7,750,000

Below-Market 3BR in Central Park Plaza, City Walk by Meraas – AED 1,850,000 Saving | Low Floor

A rare and urgent opportunity to acquire a 3-bedroom apartment in Central Park Plaza — one of the most coveted residential addresses within City Walk by Meraas — at a price that is AED 1,850,000 (approximately 19.3%) below the current market price of AED 9,600,000. The seller is offering this unit close to their original purchase price, presenting a buyer with a near-unprecedented discount into one of Dubai’s most design-forward and lifestyle-rich urban communities. Spanning 207 m² (2,228 sq.ft) on a low floor, this is a generous 3-bedroom apartment in a Meraas development that consistently ranks among Dubai’s most in-demand residential addresses. Central Park Plaza sits within City Walk, positioned alongside the community’s Central Park — one of the largest privately managed urban parks in Dubai — delivering a genuinely rare combination of urban connectivity, green space, and five-star lifestyle infrastructure. For any buyer seeking to enter this sub-market at a material discount to current market pricing, this listing demands immediate attention.

Property Highlights

  • Project: Central Park Plaza
  • Developer: Meraas
  • Community: City Walk, Al Wasl, Dubai
  • Unit Type: 3 Bedrooms
  • Size: 207 m² (2,228 sq.ft)
  • Floor: Low floor
  • View: Available on request — park and community views available in this tower
  • Asking Price: AED 7,750,000 (urgent deal)
  • Current Market Price: AED 9,600,000
  • Saving vs Market Price: AED 1,850,000 (approximately 19.3% below market)
  • Pricing vs Original Purchase: Close to seller’s original purchase price
  • Handover: Available on request — to be confirmed
  • Status: Urgent Deal – Below Market Price
  • Parking: Available on request
  • Ownership: Freehold – Open to all nationalities

About Central Park Plaza – City Walk, Dubai

Central Park Plaza is one of the premier residential towers within City Walk — Meraas’s award-winning urban lifestyle destination in the heart of Dubai’s Al Wasl district. Developed to the highest standards of design, finish, and community integration that characterise every Meraas project, Central Park Plaza offers residents a sophisticated urban living experience framed by the community’s expansive Central Park, which spans several hectares of manicured green space in the heart of the city. City Walk itself is widely regarded as one of Dubai’s most successful and enduring urban lifestyle concepts — a pedestrian-friendly, low-rise open-air destination that integrates residential towers, a curated retail and dining boulevard, the Hub Zero indoor entertainment venue, and the brand-new Emaar Vida and other five-star hotels, all within one of Dubai’s most accessible central locations. Meraas, the developer responsible for Bluewaters Island, La Mer, the Bulgari Resort site, and Box Park Dubai, brings its signature design intelligence and quality of execution to every component of City Walk and Central Park Plaza. Residents of Central Park Plaza live within one of the most complete and liveable urban communities in the UAE — with everything from premium dining and boutique retail to children’s play areas, jogging paths, and a green park oasis, all within walking distance.

Community and Lifestyle

  • Central Park Plaza sits directly alongside Central Park in City Walk — one of Dubai’s largest privately managed urban green spaces, offering jogging tracks, open lawns, children’s play areas, and outdoor seating
  • City Walk’s retail and dining boulevard is steps away — a curated open-air precinct with premium international and regional brands, restaurants, cafés, and entertainment anchored by CitiWalk Mall
  • Hub Zero indoor entertainment and cinema complex is within the City Walk community
  • Multiple five-star hotels — including Vida City Walk — provide residents with access to hotel-level wellness, dining, and lifestyle amenities on their doorstep
  • Dubai Canal cycling and walking path runs adjacent to the community, connecting City Walk to Business Bay and Downtown Dubai
  • The Al Wasl location places residents within 5 minutes of Jumeirah, 10 minutes of Downtown Dubai and DIFC, and less than 10 minutes from the beach
  • Suited to senior professionals and executives, families seeking an urban lifestyle with green space, and investors targeting one of Dubai’s highest-demand luxury apartment sub-markets

Amenities

  • Direct access to Central Park — jogging tracks, open lawns, children’s play areas, and landscaped gardens
  • Community swimming pool and pool deck
  • Fully equipped fitness centre
  • Spa and wellness facilities
  • Children’s play areas within the park and community
  • 24-hour security and concierge
  • Covered parking
  • Premium lobby and building management
  • Steps from City Walk retail and dining boulevard
  • Access to Dubai Canal promenade and cycling path
  • Proximity to Vida City Walk and other five-star hotel amenities

Layout and Floor Plan

This 3-bedroom apartment in Central Park Plaza spans 207 m² (2,228 sq.ft) across a generous and well-proportioned layout on a low floor. At 207 m², this is a genuinely spacious 3-bedroom residence — rare at this price point in City Walk — with room dimensions that reflect Meraas’s commitment to quality living standards rather than value engineering. The exact room-by-room breakdown, number of bathrooms, balcony configuration, view orientation, and detailed architectural floor plan for this specific unit in Central Park Plaza, City Walk are available on request. Please contact us to receive the full floor plan documentation package.

Payment and Handover

This is an urgent secondary market deal. The seller is motivated and pricing the unit close to their original purchase price — a level that is AED 1,850,000 (approximately 19.3%) below the current market value of AED 9,600,000 for comparable units in Central Park Plaza. The pricing context:

  • Asking Price: AED 7,750,000
  • Current Market Price: AED 9,600,000
  • Saving vs Market: AED 1,850,000 (approximately 19.3%)
  • Seller’s Motivation: Priced close to original purchase cost — urgent disposal
  • Size: 207 m² (2,228 sq.ft)
  • Floor: Low floor

Handover status, remaining payment plan instalments (if applicable), and title deed details are available on request. The Dubai Land Department (DLD) transfer fee is typically 4% of the purchase price. Any applicable developer NOC fees, agent commissions, and service charges should be verified independently before proceeding. This is a freehold property available to all nationalities.

Location and Connectivity

  • Central Park (City Walk): Adjacent — directly accessible from the building
  • City Walk Retail Boulevard: Steps away — over 200 retail, dining, and entertainment outlets
  • Jumeirah Beach: Approximately 7 minutes by car
  • DIFC: Approximately 8 minutes by car
  • Downtown Dubai and Burj Khalifa: Approximately 10 minutes by car
  • The Dubai Mall: Approximately 10 minutes by car
  • Business Bay: Approximately 10 minutes by car
  • Dubai Design District (d3): Approximately 8 minutes by car
  • La Mer and Jumeirah Open Beach: Approximately 10 minutes by car
  • Dubai International Airport: Approximately 20 minutes by car
  • Direct access via Al Wasl Road and Safa Street, connecting to Al Khail Road (E44) and Sheikh Zayed Road (E11)

Why Invest in Central Park Plaza, City Walk

  • 19.3% below market — data-backed discount: AED 1,850,000 saving against a current market price of AED 9,600,000 — one of the deepest verified discounts available in City Walk’s secondary market
  • Close to original purchase price: The seller is exiting at cost — meaning the buyer is effectively entering at the seller’s 2-4 year-old purchase price into a market that has appreciated significantly
  • Meraas design pedigree: Central Park Plaza carries the full quality, finish, and destination DNA of Meraas — the developer behind City Walk, Bluewaters, La Mer, and Bulgari Resort Dubai
  • 207 m² of space at a discount price: At AED 7,750,000 for 2,228 sq.ft in Central Park Plaza, the price per sq.ft is materially below what comparable transactions have achieved — a genuine value entry
  • Central Park adjacency: The combination of a large urban green space alongside luxury residential is exceptionally rare in Dubai’s central locations and is a permanent lifestyle and value differentiator
  • Prime central Dubai location: City Walk’s position — between Jumeirah, Downtown Dubai, DIFC, and the Dubai Canal — places it at the intersection of Dubai’s three most in-demand professional and lifestyle corridors
  • Sustained rental demand: City Walk attracts premium long-term tenants from DIFC, Downtown, and the financial community, and short-term rental yields benefit from the community’s tourism destination status
  • Freehold ownership: Open to all nationalities with a full Dubai Land Department title deed

Frequently Asked Questions (FAQs)

What is the asking price and how does it compare to market value?

The asking price is AED 7,750,000. The current market price for a comparable 3-bedroom unit in Central Park Plaza, City Walk is AED 9,600,000. This listing therefore represents a saving of AED 1,850,000 — approximately 19.3% below the prevailing market price. The seller is offering the unit close to their original purchase cost, making this one of the most compelling below-market opportunities currently available in City Walk’s secondary market.

Why is the seller offering this unit so far below the market price?

This is an urgent disposal. The seller is pricing the unit close to their original purchase price — a level that is now approximately 19.3% below the current market — due to personal circumstances requiring a fast transaction. The motivation is purely personal and time-driven, not a reflection of any issue with the property, the building, or the community. Buyers should act promptly as motivated sellers at this level of discount do not remain on the market for long.

Who developed Central Park Plaza and what is City Walk?

Central Park Plaza is developed by Meraas — one of Dubai’s most respected and design-led master developers, responsible for City Walk, Bluewaters Island, La Mer, Box Park, and the Bulgari Resort Dubai site. City Walk is Meraas’s award-winning open-air urban lifestyle destination in the Al Wasl district of Dubai, widely regarded as one of the most successful and liveable mixed-use communities in the UAE.

What is the size and floor level of this apartment?

The apartment is 207 m² (2,228 sq.ft) and is located on a low floor. At 207 m², this is a genuinely spacious 3-bedroom residence. The exact room dimensions, number of bathrooms, balcony configuration, and detailed layout are available on request alongside the full architectural floor plan.

What view does this low-floor apartment offer?

Central Park Plaza overlooks the Central Park and community environment of City Walk. The exact view orientation and specific outlook for this unit depend on its stack position within the building, which is available on request alongside the floor plan. Low-floor units in Central Park Plaza typically offer park and community views with a sense of greenery and urban landscape rather than panoramic city skyline.

Is Central Park Plaza freehold? Can all nationalities purchase?

Yes. Central Park Plaza within City Walk is located in a designated freehold zone in Dubai and can be fully owned by all nationalities, including non-UAE residents and international investors. A full Dubai Land Department title deed is issued upon transfer.

What amenities are available at Central Park Plaza and City Walk?

Residents have direct access to Central Park — with jogging tracks, open lawns, and children’s play areas; a community pool and fitness centre; 24-hour security and concierge; and covered parking. Within City Walk, residents are steps from over 200 retail and dining outlets, the Hub Zero entertainment complex, cinema, and proximity to Vida City Walk and other five-star hotel amenities. The Dubai Canal cycling and walking path runs adjacent to the community.

What are the transaction costs for this purchase?

The Dubai Land Department transfer fee is typically 4% of the purchase price (AED 310,000 on an AED 7,750,000 transaction). Additional costs include real estate agent fees (if applicable), conveyancing and trustee fees, developer NOC charges (if applicable), and any outstanding service charges. The exact cost breakdown, payment plan status, and title details are available on request. Independent legal verification is recommended before proceeding.

What is the rental income potential in Central Park Plaza, City Walk?

City Walk is one of Dubai’s most consistently in-demand premium rental sub-markets. 3-bedroom apartments in Central Park Plaza attract demand from senior professionals, DIFC and Downtown executives, and families who value the urban lifestyle, park adjacency, and central location. The combination of the Meraas brand, Central Park access, and City Walk’s dining and retail ecosystem supports strong annual rental rates and healthy yields. Current rental comparable data for 3-bedroom units in Central Park Plaza is available on request.

How do I arrange a viewing or receive further information?

The detailed floor plan, handover or title deed status, comparable market transaction data for Central Park Plaza, and all relevant documentation are available on request. Please contact us immediately via the enquiry form or WhatsApp. This is an urgent listing from a motivated seller — at 19.3% below market, a discount of this magnitude in Central Park Plaza is extremely rare and will not remain available for long.

Payment_Plan

MilestonePayment%
Down_PaymentAvailable on request

Features

24-hour Security
24-hour Security
Below Market Price
Below Market Price
Central Park Access
Central Park Access
Children Play Area
Children Play Area
City Walk Retail Access
City Walk Retail Access
Community View
Community View
Concierge Service
Concierge Service
Covered Parking
Covered Parking
Dubai Canal Access
Dubai Canal Access
Gym
Gym
Jogging Track
Jogging Track
Low Floor
Low Floor
Park View
Park View
SPA
SPA
Spacious Layout
Spacious Layout
Swimming Pool
Swimming Pool

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