City Walk

City Walk, a premier urban lifestyle destination in Dubai, UAE, is a top choice for those seeking apartments for sale in City Walk. Developed by Meraas, this pedestrian-friendly community in Jumeirah blends residential, retail, and entertainment spaces, offering a cosmopolitan vibe. Located at the junction of Al Wasl Road and Sheikh Zayed Road (E11), it’s 5–10 minutes from Downtown Dubai, 10 minutes from Dubai Mall, and 45–50 minutes from Sharjah’s Al Nahda. Featuring projects like Central Park Towers, City Walk Residences, and The Residences at City Walk, it appeals to professionals, families, and investors seeking a vibrant, centrally located lifestyle. This guide explores the real estate market, apartment types, lifestyle benefits, and practical tips for purchasing an apartment in City Walk, contrasting it with Sharjah’s affordable Al Nahda and Dubai South’s master-planned affordability.

Introduction to City Walk

City Walk, launched in 2013, is a low-rise, mixed-use development combining luxury apartments, boutique retail, and al fresco dining across 10 million square feet. Its central location near Burj Khalifa, Dubai Fountain, and DIFC (5–10 minutes) makes it ideal for urban dwellers. Key residential projects include Central Park Towers, City Walk Residences, and off-plan developments like City Walk Northline. Unlike Sharjah’s Al Nahda, which offers budget-friendly urban apartments, or Dubai South’s sustainable city focus near Al Maktoum Airport, City Walk provides a chic, pedestrian-friendly lifestyle with proximity to Dubai’s iconic landmarks. As a freehold area, it allows 100% foreign ownership, enhancing the appeal of real estate in City Walk for global buyers.

Real Estate Market Overview in City Walk

The real estate market in City Walk is robust, driven by its prime location and luxury appeal. The Dubai Land Department (DLD) recorded 600 apartment transactions in City Walk over the past 12 months, averaging AED 3,150,000, reflecting a +10% price increase due to demand for projects like Central Park Towers and City Walk Northline. Rental yields average 5.5–7%, with 1-bedroom units offering up to 7% (AED 120,000/year for 800 sq.ft.). Off-plan projects like City Walk Northline (delivery Q2 2027) offer flexible 60/40 payment plans and 10–15% capital appreciation potential by 2027. Compared to Al Nahda (median AED 950,000, 6–8% yields) and Dubai South (AED 1,312,524, 5–7.5% yields), City Walk is pricier but offers unmatched urban luxury.

Types of Apartments Available for Sale

City Walk offers a range of apartments in projects like Central Park Towers, City Walk Residences, and City Walk Northline, catering to premium buyers. Here’s a breakdown:

• 1-Bedroom Apartments: Compact units (600–900 sq.ft.), ideal for singles or couples, starting at AED 1,500,000 (e.g., City Walk Residences, AED 1,800,000 for 700 sq.ft.). Features include modern designs, balconies, and city or park views.

• 2-Bedroom Apartments: Family-friendly units (1,000–1,500 sq.ft.), priced from AED 2,500,000 to AED 4,500,000 (e.g., Central Park Towers, AED 3,200,000 for 1,200 sq.ft.). Includes smart home systems and access to premium amenities.

• 3-Bedroom Apartments: Spacious units (1,600–2,200 sq.ft.), priced from AED 4,000,000 to AED 7,000,000 (e.g., City Walk Northline, AED 5,000,000 for 1,800 sq.ft.). Offers maid’s rooms and skyline views.

• Penthouses and Duplexes: Luxury units (2,500+ sq.ft.) in towers like Central Park Towers, starting at AED 8,000,000, with private terraces and panoramic Burj Khalifa or Jumeirah views.

Apartments feature high-end finishes, smart home technology, and amenities like rooftop pools, gyms, and 24/7 concierge services, offering a more urban, upscale experience than Dubai South’s community-focused apartments or Al Nahda’s basic units.

Current Property Prices and Market Trends

Apartment prices in City Walk reflect its premium urban location. As of August 1, 2025, the price range is:

• 1-Bedroom Apartments: AED 1,500,000 to AED 2,500,000 (median AED 2,000,000)

• 2-Bedroom Apartments: AED 2,500,000 to AED 4,500,000 (median AED 3,500,000)

• 3-Bedroom Apartments: AED 4,000,000 to AED 7,000,000 (median AED 5,500,000)

• Penthouses and Duplexes: AED 8,000,000 and above

The median price per square foot is AED 2,300, with a +8% increase over six months, compared to AED 900/sq.ft. in Al Nahda and AED 1,200/sq.ft. in Dubai South. Rental yields range from 5.5% (3-bedroom) to 7% (1-bedroom). Off-plan projects like City Walk Northline offer 60/40 payment plans and 10–15% capital appreciation potential by 2027, driven by proximity to Downtown Dubai and tourism demand. A projected supply of 76,000 new units in Dubai by 2027 may stabilize prices, but City Walk’s central location ensures strong demand.

Amenities and Lifestyle in City Walk

City Walk offers a vibrant, urban lifestyle, contrasting with Al Nahda’s budget-oriented urban setting and Dubai South’s master-planned affordability. Key amenities include:

• Shopping and Dining: City Walk’s open-air retail hub features 350+ outlets, including high-end brands like Rolex and dining options like L’Antica Pizzeria da Michele, surpassing Al Nahda’s Safeer Mall and Dubai South’s retail promenades.

• Schools and Nurseries: Jumeirah International Nursery and GEMS Wellington International School (5–10 minutes) cater to families, comparable to Al Nahda’s Emirates College proximity.

• Parks and Recreation: Central Park with green spaces and water features, with proximity to Jumeirah Beach (10 minutes), compared to Dubai South’s lagoons or Al Nahda’s Botanical Garden (45–50 minutes).

• Metro Connectivity: Burj Al Arab Metro Station (Red Line, 5 minutes) ensures access to Downtown Dubai and Dubai Marina, better than Al Nahda’s bus-reliant system or Dubai South’s limited metro access.

• Healthcare: Medcare Hospital and Emirates Hospital (5–10 minutes) offer top-tier care, similar to NMC Royal Hospital near Dubai South.

• Fitness and Leisure: Rooftop pools, state-of-the-art gyms, and entertainment venues like Hub Zero and Green Planet, offering a more cosmopolitan vibe than Dubai South’s community focus.

City Walk’s pedestrian-friendly design and urban sophistication create a dynamic lifestyle, ideal for professionals and families.

Reasons to Buy Property in City Walk

Investing in apartments for sale in City Walk offers several advantages:

• Prime Location: 5–10 minutes from Burj Khalifa and Dubai Mall, far closer than Al Nahda (45–50 minutes) or Dubai South (30–35 minutes).

• Rental Yields: 5.5–7% yields, slightly lower than Al Nahda’s 6–8% and Dubai South’s 5–7.5%, but with high demand from urban professionals and tourists.

• Capital Appreciation: 10–15% growth potential by 2027, driven by City Walk’s central location and tourism appeal, matching Dubai South and Siniya Island.

• Luxury Lifestyle: Access to high-end retail, dining, and entertainment, surpassing Al Nahda’s basic amenities and Dubai South’s community focus.

• Freehold Ownership: 100% foreign ownership with investor visas (2-year for AED 750,000+, 10-year Golden Visa for AED 2 million+), similar to Dubai and Umm Al Quwain.

City Walk’s urban luxury and connectivity make it a prime choice for investment properties in City Walk.

Comparison with Nearby Areas

City Walk compares favorably to other UAE areas:

• Dubai South: Apartments at AED 1,200/sq.ft. with 5–7.5% yields, 30–35 minutes away, with a master-planned, affordable focus rather than City Walk’s urban luxury.

• Siniya Island (Umm Al Quwain): Apartments at AED 1,400/sq.ft. with 6.5–8% yields, 50 minutes away, with an eco-luxury island vibe rather than an urban lifestyle.

• Al Nahda (Sharjah): Studios from AED 350,000 with 6–8% yields, 45–50 minutes away, with fewer amenities and no urban sophistication.

City Walk’s central location and premium lifestyle give it an edge over Al Nahda’s affordability and Dubai South’s community-driven appeal. City Walk, a vibrant urban community in Dubai’s Jumeirah, offers a luxurious, pedestrian-friendly lifestyle for those seeking apartments for sale in City Walk. With 1- to 3-bedroom apartments and penthouses in projects like Central Park Towers and City Walk Northline starting at AED 1,500,000, it provides 5.5–7% rental yields, 10–15% capital appreciation potential, and world-class amenities like open-air retail, rooftop pools, and proximity to Dubai Mall. Compared to Sharjah’s Al Nahda (budget-friendly but distant) and Dubai South’s affordable community focus (less central), City Walk offers an upscale, urban lifestyle ideal for professionals and investors. Start exploring City Walk Residences today—contact us to secure your dream home or a high-return investment in this dynamic Dubai hub.