Central Park - Plaza
About Central Park - Plaza
(sq. ft.)
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Nestled near the Coca-Cola Arena, Plaza is a contemporary 2-tower residential complex by Meraas in Central Park, City Walk. This is the final phase of the community, providing you with the last opportunity to invest in Central Park. There are 1-4 bedroom apartments, six 4-bedroom townhouses with park access and four 5-bedroom penthouses, with 212 units in total available for acquisition. The property area ranges from 875 sq. ft to 9,445 sq. ft.
The key features of the premium residences include fully-equipped open kitchens, built-in wardrobes in the bedrooms, sliding windows and spacious balconies. Penthouse owners will enjoy the utmost comfort thanks to the show kitchen, the private swimming pool on the rooftop terrace, the panoramic glass elevator and more. Please note that 3-5 bedroom units come with a maid’s room.
When living in Plaza, you will be treated to an abundance of recreational and leisure amenities onsite. These encompass:
- Direct park access
- Shaded children’s pool and outdoor play area
- Infinity swimming pool with park views
- Library
- Media room
- Spa and relaxation facilities
- Fitness centre overlooking the park
- Private lounge and game room
- Co-working space and meeting rooms
- Formal/casual lounge areas
- Double-height reception
Property Information
- Location City Walk, Dubai, UAE
- Developer Meraas
- Status of Project In progress
- Type of Project Residential Tower, Townhouses, Penthouses
- Available Units 1-4BR Apartments, 4BR Townhouses, 5BR Penthouses
- Area from 875 sq. ft.
- Total Amount of Units 212
- Payment Plan 70/30
Floor Plans of Central Park - Plaza
Apartment, A
Type:
1 Bedroom
Total Area:
875 sq. ft.
Starting Price:
2,730,000 AED
Apartment, B
Type:
2 Bedrooms
Total Area:
1,280 sq. ft.
Starting Price:
3,760,000 AED
Apartment, A
Type:
3 Bedrooms
Total Area:
2,235 sq. ft.
Starting Price:
7,090,000 AED
Apartment
Type:
4 Bedrooms
Total Area:
2,803 sq. ft.
Starting Price:
12,430,000 AED
Penthouse
Type:
5 Bedrooms
Total Area:
7,210 sq. ft.
Starting Price:
31,720,000 AED
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | A | Apartment | 875 sq. ft. | 2,730,000 AED |
|
1 Bedroom | A | Apartment | 1,870 sq. ft. | Ask for Price |
|
|
2 Bedrooms | B | Apartment | 1,280 sq. ft. | 3,760,000 AED |
|
|
3 Bedrooms | A | Apartment | 2,235 sq. ft. | 7,090,000 AED |
|
3 Bedrooms | B | Apartment | 2,730 sq. ft. | Ask for Price |
|
|
4 Bedrooms | Apartment | 2,803 sq. ft. | 12,430,000 AED | |
|
4 Bedrooms | Townhouse | 5,775 sq. ft. | 19,500,000 AED | |
|
|
5 Bedrooms | Penthouse | 7,210 sq. ft. | 31,720,000 AED |
Property Prices
As of September 2023, apartments in Plaza are on sale for a minimum of AED 2.73M (USD 743K), whilst a spacious townhouse starts at AED 19.5M (USD 5.3M). You can acquire a luxury penthouse for a minimum price of AED 31.72M (USD 8.6M).
*The price is valid for 2023
Payment Plan
Location
Plaza is situated between Jumeirah Street and Sheikh Zayed Road, thanks to which you will be able to easily move around the emirate. It will take about 20 minutes by car to reach Za’abeel, Business Bay and Dubai International Airport.
The complex is also surrounded by multiple public transport links, including Rostamani Tower, Emirates Tower metro station and Financial Center Station.
The residential complex is surrounded by outstanding social infrastructure, with schools, supermarkets, and clinics nestled within walking distance. These include:
- Emirates NBD
- LIFE Pharmacy – Doha
- Ora – Nursery Dubai, Hummingbird Preschool DIFC, Canadian University Dubai
- Choithrams DIFC, Zoom Supermarket
- American Hospital Jumeirah Clinic
To enjoy a fun-filled afternoon with your loved ones, a visit to the Coca-Cola Arena, Museum of the Future and The Green Planet all come highly recommended. These destinations can be reached on foot as well.
Economic Appeal
Plaza is scheduled for completion in Q3 2027. You can take advantage of a 70/30 payment plan whilst the complex is off-plan. The plan is as follows: pay 20% as a booking fee, 50% during construction and 30% upon handover.
Real estate in Plaza has strong investment potential, as 1-bedroom apartments in City Walk generate a gross ROI of 8.7% on average. The starting rental price is AED 160K (USD 43K) per annum, as of Q3 2023, in comparison to AED 150K (USD 41K) in Q2 2023. This indicates that the rental cost in City Walk is increasing, and demonstrates a lucrative opportunity to earn decent passive income.
By investing in Plaza, you become eligible for a Golden visa. It is valid for 10 years and covers your children and spouse.
*The price is valid for 2023
FAQ
The developer of Plaza is Meraas.
It is located in Central Park, City Walk.
Among proposed units are 1-4 bedroom apartments, six 4-bedroom townhouses with park access and four 5-bedroom penthouses.
It is scheduled for completion in Q3 2027.
You have the opportunity to buy property on a 70/30 payment plan. The payments are as follows: 20% as a booking fee, 50% during construction and 30% upon handover.
As of September 2023, an apartment in Plaza is on sale for a minimum of AED 2.73M (USD 743K), whilst a spacious townhouse has a starting cost of AED 19.5M (USD 5.3M). You can acquire a luxury penthouse for the minimum price of AED 31.72M (USD 8.6M).
Yes, you can obtain a long-term visa.
You and your family will be eligible for a 10-year Golden residency visa.
Yes, the complex is freehold.
It is an excellent investment, as 1-bedroom apartments in City Walk generate a gross ROI of 8.7% on average. This indicator is one of the highest in Dubai for premium apartments.
It is a fantastic location for all types of residents - single professionals, young couples and families with children. The complex will allow you to experience a metropolitan lifestyle with easy access to excellent infrastructure and Dubai's most popular attractions.
Within a 15-minute walk of Central Park, there are many essential facilities to be found, such as LIFE Pharmacy – Doha, Ora – Nursery Dubai, Hummingbird Preschool DIFC, Canadian University Dubai, Choithrams DIFC, Zoom Supermarket and more.
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Metropolitan Premium Properties
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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