City Walk Phase 3 by Meraas: AED 2.5M to AED 16.2M, One District
City Walk Phase 3 is a residential project by Meraas Holding in Dubai's City Walk district. Construction began in August 2025, with handover targeted for June 2029. The price range is wide, the down payment is low, and the location is already built out. Those three facts shape most of what a buyer needs to evaluate here.
The Address and What It Means Day to Day
City Walk sits between Al Wasl Road and 2nd December Street, roughly five minutes by car from Downtown Dubai and Business Bay. The district was purpose-built for walkability, which is uncommon in Dubai. Residents can reach restaurants, cinemas, and retail on foot. That is not a lifestyle detail to brush past: in a city where most errands require a car, a walkable precinct commands a real premium for end-users and attracts a consistent tenant profile for investors.
A Wide Price Range That Reflects Two Different Products
The headline range is AED 2,500,000 to AED 16,200,000. The gap is not noise. It reflects entirely different units at opposite ends of the scale.
At the entry level, a 1-bedroom apartment at 810 sq ft starts at AED 2,500,000. A 2-bedroom at 1,230 sq ft starts at AED 3,200,000. These are compact, well-located apartments suited to professionals or investors who want a City Walk address without the price of a large unit.
3-bedroom apartments at 1,900 sq ft start at AED 5,900,000. After that, the product jumps significantly. 4-bedroom apartments at 4,600 sq ft start at AED 14,500,000. 4-bedroom duplexes at 4,700 sq ft start at AED 16,200,000. These are large-format homes for buyers who want space and a premium district location.
Buyers with a budget between AED 7M and AED 13M will find no unit in that band. The project moves directly from the 3-bedroom tier to the large 4-bedroom formats.
Apartments and Duplexes
The project offers apartments from 1 to 4 bedrooms and 4-bedroom duplexes. The duplexes are at the top of the range and deliver a house-like layout inside a managed development. The apartment spread covers a wide enough range to serve single professionals, couples, and large families within the same project.
What the Amenities Say About the Target Resident
| Category | Facilities |
|---|---|
| Fitness | Gymnasium, Yoga Room, Indoor Swimming Pool |
| Outdoor | Landscaped Gardens, Barbecue Area, Children's Play Area |
| Practical | Covered Parking |
The indoor pool offers year-round usability independent of Dubai's summer temperatures. That signals a resident who treats swimming as a daily habit rather than a seasonal activity. The yoga room beside the gym points to a health-conscious demographic. The children's play area alongside the barbecue space suggests the developer is targeting a meaningful share of families, not just young singles.
Three Years to Handover: What That Means for Off-Plan Buyers
Construction started in August 2025. The expected handover is June 2029, roughly three years from today. For a buyer entering now, that is a three-year off-plan hold before occupancy or rental income. City Walk already operates as a completed district, so the project enters a functioning environment rather than an emerging one. The infrastructure and retail base are not contingent on future development.
Getting In for 10%
| Milestone | Payment |
|---|---|
| Down payment | 10% |
| During construction | 40% |
| On handover | 50% |
A 10% entry point is at the low end of what Dubai off-plan projects typically ask. The 40% during construction spreads across the three-year build period. The largest obligation is 50% at handover in mid-2029. For buyers planning to mortgage the handover payment, the timeline to that date is clearly defined: three years from now.