City Walk
Located between Jumeirah and Downtown Dubai, you will find the beautiful City Walk. This area is known as one of the most luxurious and green neighborhoods in Dubai. Inhabited mainly by wealthy migrants, this area is attractive to tourists who like to stay within walking distance of Downtown Dubai and the beach.
General information
City Walk, developed by Meraas, is one of the most vibrant and stylish destinations in Dubai. Located in the heart of the city, near the iconic Burj Khalifa and the Dubai Mall, City Walk offers a unique blend of shopping, dining, entertainment and residential options. Combining the best of urban living with an upscale, European flair, this open-air complex is designed to provide a unique experience for residents and visitors alike.
Upon arriving at City Walk, you are immediately enchanted by its vibrant atmosphere. The streets are dotted with a mix of boutiques, international brands, restaurants and local designer stores. In addition to shopping and dining, City Walk offers numerous entertainment options for the whole family. Hub Zero is a game-inspired entertainment center that offers visitors of all ages an array of interactive attractions. It regularly hosts events, street performances and art exhibitions, adding to the lively atmosphere of City Walk.
However, City Walk is not just a place to visit; it is also a place to live. The luxury apartments offer a modern blend of design and comfort, with spacious interiors and the latest amenities. The homes are designed to offer stunning views of the city, allowing you to enjoy the dynamic cityscape every day.
What makes City Walk truly unique is its attention to open spaces and greenery. As you stroll through the wide boulevards and cozy plazas, you will encounter lush gardens everywhere, offering a pleasant escape from the hustle and bustle of the city.
City Walk by Meraas offers an unparalleled blend of urban elegance and modern luxury. It is a place where you can enjoy the best that Dubai has to offer, all at your fingertips in a stylish and inviting environment.
ROI and capital appreciation
The returns and increases in value in City Walk are great. This is because of its great location and developer. The 2- and 3-bedroom apartments generate the best ROIs in this area. It is recommended to rent the properties short-term. The 2-bedroom apartments from €750,000 and the 3-bedroom apartments from €1,300,000.
Off-plan
New construction in this region will experience an increase in value between 10% and 20% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 7% and 9%. After completion, value appreciation in this area will be around 5% per year.
Ready built
Existing construction in this area will experience an increase in value of around 5%.