What does off-plan property mean?

Signing a contract to purchase a property that has not yet been built is known as an off – plan property . It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier . Dubai’s real estate market draws serious investors from around the world.

Can anyone buy a property in Dubai?

In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods.

How can properties be registered in Dubai?

Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai.

Should real estate transactions be registered in Dubai Land Department?

All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All r eal estate transactions that are not registered in DLD’s registers are considered invalid.

What guarantee do I have that my development will be completed?

The Real Estate Regulatory Authority (RERA) has established several requirements that the developer must meet in order to help ensure that an off-plan project is finished. One of these demands that the developer possess all the project-related land. Additionally, the developer must either provide a 20% bank guarantee down payment, place 20% in an escrow account, or finish 20% of the building before selling off-plan. RERA requires contractors to present a 10% performance guarantee in addition to the procedures .

When is the completed property transferred to the Real Estate Registry and the title deed issued?

The law requires developers to register completed projects in Dubai Land Department as soon as they receive a certificate of completion from the competent authorities. Accordingly, the real estate units that have been fully paid for will be transferred from the initial register to the Real Estate Registry and issuing the title deed/usufruct certificate for the investor.

City Walk Off Plan Properties

Urban Living Reinvented

If you’re looking at City Walk Properties for sale, Meraas Holding’s Central Park City Walk is a brand-new residential complex with a 230,000 square meter surface area. Twelve medium-rise buildings with roomy patios on each floor.

AED 1,500,000

Starting Price

Buy Directly

from developer

The Life You Dream In The Place You Want

10 Minutes

to Downtown

25 Minutes

to Marina

15 Minutes

to DXB

50 Minutes

to DWC

City Walk

City Walk Dubai is a unique mixed-use development that combines urban living with a relaxed, outdoor lifestyle. The development offers a wide range of properties for sale, including apartments, townhouses, and villas. Whether you’re looking for a primary residence or a second home, City Walk Dubai has something to offer. With its central location and ample amenities, the development is perfect for those who want to live in the heart of Dubai.

Luxury apartments with 1, 2, 3, and 4 bedrooms will be available at Meraas Central Park City Walk. These apartments will have views of Dubai’s majestic skyline and will offer residents premium amenities such as swimming pools, spas, saunas, shops, an outdoor gym, and plenty of cafés.

Browse through what is on offer at City Walk.

A Lush Community in An Urban Setting

Properties for sale in City Walk

APARTMENTS

Central Park at City Walk

AED 1,500,000

Why

City Walk

City Walk offers residents a great lifestyle and a wise investment opportunity. The central location and excellent amenities make it an ideal place to live, being so close to Downtown Dubai, while the increasing property values make it a smart choice for those looking to invest in the future. With its strong sense of community and commitment to safety and cleanliness, City Walk is quickly becoming one of the most desirable places to call home.

It is an urban City within a City, offering an abundance of shops, dining options & modern residential complexes.