Meraas Central Park at City Walk has been imagined with the future inmind. Sleek, contemporary and spacious apartments offer awe-inspiring views of the park & also Dubai’s famed skyline. Select between one and two bedroom apartments with outstanding amenities in a lush green community
The Myrtle residential complex is the newest addition to the community of Central Park in City Walk. The developer of the project is Meraas, who is one of the leading development companies in Dubai, and uses a combination of modern architecture and luscious nature for this gorgeous City Walk project. At the moment the Myrtle complex is currently under construction, with the estimated date of handover set to be June 2025. The real estate in this development is freehold, which means any nationality can purchase an apartment here.
The residential complex features spacious 1 and 2-bedroom apartments designed in the style of an urban jungle. The layout of residences in the development comprises bedrooms, a living & dining area, a fully-fitted kitchen and bathroom/s and a utility room. There is also a dressing area in 2-bedroom apartments.
All premium properties have balconies, which offer stunning views of the community’s park and the skyline of Dubai. Property sizes in the Myrtle development range from 667 to 1,850 sqft.
The Myrtle residential development is situated in the community of Central Park in City Walk, which offers an urban jungle living style. There is 516,000 sq. ft of greenery in the neighbourhood to promote an active and healthy lifestyle within the community. A 262-feet large park will be located on the territory of Central Park in City Walk, which includes international retail offerings, upscale gourmet restaurants and luxurious hotels. A glass dome with a tropical forest inhabited by colourful birds, reptiles and sloths, and The Green Planet, is also located in the area.
The Myrtle project has good transport accessibility as the complex is situated near the Sheikh Zayed Road, Al Safa Street, Jumeirah Street and Al Wasl Road. Neighbouring districts of City Walk comprise Jumeirah, Downtown Dubai, Business Bay and DIFC. Dubai Petroleum Corporation bus stops are also within walking distance, while both Dubai airports can be reached in 10-15 minutes’ by car.
Buying apartments in the Central Park Myrtle offers investors excellent investment profitability. The minimum rental price for a 1-bedroom residence in the City Walk area constitutes AED 119,000 per year. Therefore, the estimated ROI will be from 8.2%. In addition, purchasing a residence in the development will provide owners with the possibility to apply for a 3-year investor visa.