Central Park Plaza by Meraas – Luxury Residences in City Walk, Dubai

About Central Park Plaza by Meraas
Starting Price from AED 2.73 M
Unit Types: 1–4 Bedroom Apartments, 4 Bedroom Townhouses, 5 Bedroom Penthouses
Size Range: 875 sq. ft to 9,445 sq. ft
Handover: Q3 2027
Location: Central Park, City Walk, Dubai

Overview of the Project

Central Park Plaza is the final premium phase of the iconic Central Park community at City Walk, developed by Meraas.

This two-tower residential development offers a blend of contemporary living, lush green surroundings, and direct park access, creating a serene urban retreat in one of Dubai’s most vibrant destinations.

The project is designed for buyers and investors seeking modern homes with excellent returns, high-end finishes, and unmatched connectivity across the city.

Property Information

Central Park Plaza features a total of 212 luxury residences, including:

• 1–4 bedroom apartments (sizes from 875 to 2,917 sq. ft)

• Six 4-bedroom townhouses with direct park access (approx. 5,775 sq. ft)

• Four 5-bedroom penthouses (sizes up to 9,445 sq. ft)

All residences come with open-plan kitchens, built-in wardrobes, spacious balconies, and floor-to-ceiling windows. Larger apartments and penthouses include maid’s rooms, private rooftop pools, and premium show kitchens.

Description

Central Park Plaza brings together the essence of modern luxury and nature-centric living. Each home is crafted to maximize space, natural light, and park views, offering residents a peaceful lifestyle within Dubai’s dynamic urban center. The development is part of the sought-after City Walk master community, which combines world-class dining, retail, and leisure with beautifully landscaped green spaces.

The interiors showcase contemporary design with premium finishes, while outdoor spaces like private terraces and balconies provide seamless integration with the park surroundings. Penthouse owners enjoy exclusive amenities, including rooftop pools, panoramic elevators, and expansive terraces.

Payment Plans

Central Park Plaza offers a flexible 70/30 payment plan:

• 20% on booking

• 10% in March 2024

• 10% in September 2024

• 10% in March 2025

• 10% in September 2025

• 10% in March 2026

• 30% upon handover in Q3 2027

This structure allows investors to spread payments throughout the construction phase, making it attractive for both end-users and investors.

Economic Appeal

Central Park Plaza presents strong investment potential due to its prime location, developer reputation, and rising demand for City Walk residences.

• Starting prices from AED 2.73 million for 1-bedroom apartments

• 4-bedroom townhouses from AED 19.5 million

• 5-bedroom penthouses from AED 31.7 million

Rental yields in City Walk average around 8–9% annually, with growing demand for premium properties, ensuring excellent potential for capital appreciation and rental income.

Nearby Attractions and Distances

Central Park Plaza is strategically located near Dubai’s key destinations:

• 5 minutes to Coca-Cola Arena and City Walk retail and dining boulevard

• 10 minutes to Downtown Dubai and Dubai Mall

• 10 minutes to Business Bay and Jumeirah Beach

• 15 minutes to Dubai International Airport

• Close to top schools such as Canadian University Dubai and International School of Choueifat

• Nearby medical facilities including American Hospital Jumeirah Clinic and Acacia Medical Centre

Amenities and Facilities

Residents of Central Park Plaza have access to a wide array of world-class amenities, including:

• Infinity swimming pool and shaded children’s pool

• Fully equipped gym, outdoor fitness areas, and yoga spaces

• Co-working lounges, meeting rooms, and media rooms

• Landscaped gardens, picnic and barbecue zones

• Jogging track, cycling paths, tennis and basketball courts

• Pet-friendly areas and a dog park

• 24/7 security and concierge services

About the Developer

Meraas, a subsidiary of Dubai Holding, is a leading master developer renowned for creating some of Dubai’s most iconic residential and lifestyle destinations. Known for its focus on design excellence and innovation, Meraas’ portfolio includes communities like City Walk, Bluewaters Residences, Port de La Mer, and Bulgari Residences. Central Park Plaza continues this legacy by offering luxury homes integrated with green spaces and urban amenities.

FAQs

1. Who is the developer of Central Park Plaza?
   The project is developed by Meraas, one of Dubai’s leading real estate developers.

2. Where is Central Park Plaza located?
   It is located within Central Park at City Walk, between Jumeirah Street and Sheikh Zayed Road in Dubai.

3. What unit types are available?
   The project offers 1–4 bedroom apartments, six 4-bedroom townhouses, and four 5-bedroom penthouses.

4. When is the project expected to be completed?
   The handover is scheduled for Q3 2027.

5. What are the payment plans?
   A 70/30 payment plan is available, with 20% on booking and 30% due at handover.

6. What are the starting prices?
   1-bedroom apartments start from AED 2.73 million, with larger residences priced up to AED 31.7 million.

7. Is Central Park Plaza a good investment?
   Yes, with rental yields of around 8–9% annually and strong potential for capital growth, it is ideal for investors.

8. Are there schools and clinics nearby?
   Yes, the community is close to Canadian University Dubai, International School of Choueifat, and several medical centers.

9. What lifestyle amenities are included?
   Residents enjoy pools, gyms, sports courts, co-working spaces, parks, and direct access to the City Walk retail boulevard.

10. Can foreign investors buy property here?
    Yes, international buyers are welcome, and properties may qualify for UAE Golden Visa residency programs.

Whether you're a first-time buyer or a seasoned investor, this incredible property could be the game-changer you’ve been searching for. Dubai’s real estate market moves fast — and so should you.

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