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Is City Walk Dubai A Good Investment?

In UAE, City Walk Dubai is regarded as an upscale neighborhood. It charges more including both residential and business apartments, but because of the amenities it offers, the costs are justified.

 Is City Walk Dubai A Good Investment?

If you're on a tight budget, even though the price is reasonable, this is undoubtedly something to think about before relocating to City Walk Dubai.

Have you recently walked through the magnificent City Walk Dubai and imagined buying a house here now? Hence, this shouldn't be a fantasy anymore. Prime villas in UAE are getting easier to reach as renowned digital real estate investment platforms take the lead in the area. Becoming a sole proprietor has never been so simple due to the low admission requirements and expenditure thresholds as cheap as AED 500!

Everyone cannot afford but think of City Walk in Dubai when it comes to lavish, especially for residences, flats, and apartments. It is a smaller neighborhood within the broader Jumeirah community and is very well-liked by expatriates as well as Emiratis. The renowned Dubai-based developer Meraas, which is also responsible for Bluewaters Island and The Walk, JBR, created this wonderful community. 

The construction, an urban infill project on recently undeveloped land, spans more than 900,000 square meters. Some of City Walk's most luxury houses may be found there, with gross revenue exceeding AED 3 million and leases hovering around AED 150,000. As you can see from the chart below, long-term projections place the area's rent at about AED 125000.

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Luxurious Way Of Life

A luxurious neighborhood in the center of the city is called City Walk Dubai. It's a vivid, eye-catching, and tastefully designed complex ideal for great dining, family fun, and outdoor dining. In the heart of Dubai, City Walk Dubai gives a taste of European culture. The Dubai Mall intersection is conveniently located on Al Safa Road between SZR and Al Wasl Road. Major tourist destinations including the Burj Khalifa, Jumeirah Beach, and Downtown Dubai are easily accessible from City Walks complexes.

City Walk Dubai will rank among the top tourist destinations in the globe because of its breathtaking vistas, cutting-edge neighborhood, and several possibilities for renting or purchasing real estate that come with first-rate amenities.

Key Characteristics Of City Walk Dubai

Possibility of residing in a hip urban neighborhood

Who wouldn't want to live in a place where sculpture and building coexist? City Walk Dubai is a hip, urban, artistic neighborhood renowned for its stunning works of art. Why else would it not be? After all, urban artists have left their creative imprint on the neighborhoods by adorning the walls with oddball patterns and cartoon paintings in the Banksy style.

City Walk Dubai offers everything, from tastefully completed boulevards to a British-inspired Royal Mail post box with "GR" etched on it to a classic phone box. Living in City Walk Dubai is picture-perfect, with replicas of Europe's cobbled walkways and glistening street lights.

Variety of Characteristics in City Walk Dubai

There are over 200+ homes on City Walk. Some of the main benefits of residing in City Walk is the diverse array of houses available. The sizes, dimensions, and facilities of these apartments vary from one another. For illustration, City Walk offers apartments, 1 BHK 2 BHK, and 3 BHK apartments for lease. One-bedroom condominiums in Urban cost around AED 120k- AED 160k to rent, and two-bedroom homes cost between AED 140k and AED 240k.

The complex also offers studio, 1, 2, and 3-BHK apartments for sale. In City Walk, 1-bedroom apartments cost between AED 1.7M and AED 2.4M. Yet, 2-bedroom apartments in City Walk cost anything from AED 2.5M to AED 3.5M. One of the many advantages of living in City Walk is that this neighborhood, which is near Jumeirah, permits foreigners to acquire freehold houses.

Eateries Located on City Walk Dubai

There are many great restaurants along City Walk, including Nar, Farzi Cafe, Sara Beth’s, Secret Garden, and Sikka Cafe. Farzi Café is regarded as one of Dubai's best Indian eateries, whereas Nar serves Arabian, Lebanese, and Middle Eastern food.

The elegant fare at Sara Beth’s will appeal to those who enjoy American dining. It serves burgers, fish and chips, and steaks. Sikka Cafe, a center for Middle Eastern food, is an excellent place to dine and serves dishes like butter chicken beef burgers, lentil soup, and chicken liver for an average price of AED 180.

Services in the City Walk Dubai

Fashion Store- The well-known Le BHV Marais, a famous fashion and cosmetics department store in Dubai, is located on City Walk. It is the first flagship store in the UAE to include goods from renowned companies as well as up-and-coming designers. The store, which has four divisions including fashion, home, beauty, and gourmet, is focused on French and European brands. There is a big assortment of stores there. American Vintage, Al Jaber Optical, Alessa, Maje, Bramble, and Prestige, a store selling men's sandals, are a few of them.

There are a lot of dependable stores on City Walk, including Demobaza, Rivoli, and Tommy Hilfiger.

Health Facility- There are plenty of selected categories for residents of City Walk. Several medical facilities are located in and around City Walk. As an illustration, Valiant Clinic is a reputable clinic where you can go if you need prompt medical attention. The Living Home Healthcare facility is comparable and is just eight minutes from City Walk. You'll be able to check out that center as well in the case of a health emergency. Just ten minutes separate the neighborhood from the renowned Dubai Healthcare.

Spas Parlour- Spas and grooming establishments may be found in City Walk as well, including Nbar Nail Spa & Salon, which provides massages, pedicures, manicures, threading, waxing, and a variety of nail treatments. Some other location is 1847, which provides necessary services for male grooming. It is also close to several nurseries and schools, including School Ground, which is eight minutes away, Great Minds Nursery, which is four minutes away, Gems Wellington Primary School, which is seven minutes away, and the well-known Jumeira Baccalaureate School (nine minutes).

Walk Down the Road and Transportation Facilities

There are several different ways to commute from City Walk. It is close to several terminals, such as the Financial Centre Port, Al Jafiliya Station, and the Dubai Mall Metro Station, from where you can catch transport to travel to your location. In addition to these stops, Emirates Tower, a rapid transit stop on the Dubai Metro's Red Line, is near to City Walk. In Dubai, all of these metro stations can guarantee that you get there on time and without any delays.

Amusement provided by City Walk Dubai

One of the advantages of living in City Walk is the array of entertainment possibilities offered by this ultra-modern complex. City Walk has everything you might want, whether you enjoy watching movies or exploring the city. If you enjoy watching movies, Roxy Cinema offers you the opportunity to do so. You will undoubtedly have a fantastic movie-watching experience at our City Walk theatre.

The extensive assortment of family-friendly activities will delight City Walk residents' parents. Play! by Mattel Five themed zones based on kids' favorite cartoon characters make up the indoor educational space known as Town. Barney, Bob the Builder, Angelina Ballerina, and Fireman Sam.

Availability of numerous local schools

City Walk is a neighborhood that welcomes families. To be clear, there are numerous educational institutions close by, ranging from nurseries to universities.
For instance, the area has a lovely Honey Bee Nursery, and there are more than a dozen others nearby.

Going on, the following are the area's top school choices:

  • GEMS Wellington Primary School;
  • Salma Al Ansari Elementary School. Finally, residents looking for chances for academic qualifications after their youngsters complete high school will experience no trouble doing so:
  • The Woolwich Institute;
  • Canadian University Dubai;
  • Westford School Of Management.

Sustainability And Green Community 

Central Park at City Walk is a great place for better and more encouraging physical activity, with daily field runs, good air quality, and thrilling days as elements of your schedule. It will be finished in October 2021 and is already attracting attention on a global scale. 

Central Park at City Walk is unique to any other location in Dubai since it combines urban life with organic green spaces. From serene gardens and meditation spaces to tennis and basketball courts, a skatepark, and children's play areas, there is something for everyone. All of this is set against a stunning vista of the sea on one side and the skyline of Dubai on the other.

Where Can I Find City Walk Dubai?

City Walk Dubai is quite convenient to get from any other community because of its advantageous position.

Shaikh Zayed Road and Al Khail Rd/D68 offer easy access for motorists to the area. To enter the neighborhood, turn onto Happy Street under all circumstances.

Take the Red Line on the Metro until you get to the Dubai Mall/Burj Khalifa Metro Station. Take the C14, 28, 81, or 7 bus to the Dubai Petroleum Corporation 1 / 2 bus stop to get there by bus.

Why Are City Walk Dubai Attracting Investors And The Expat Community Attention?

City walk Dubai is a well-known brand in the UAE and is mostly recognized for its exceptional development. The developer consistently outperformed the competition and exceeded expectations, winning over customers or the ex-pat community. The reason is its ROI investment and good and bad activity that attract the investors to invest in City Walk in Dubai.

Property Ownership In City Walk: The Good And The Bad

One renting alternative is primarily covered by the advantages here. Enormous, elegant homes make it a desirable place to live, giving landlords the possibility to access greater leases than in some other Dubai neighborhoods.

Also, acquiring a home in this neighborhood may be a fantastic residency option. To be clear, you can purchase real estate in Dubai and obtain residency, according to Dubai immigration law. Yet, the property can only be found in a freehold region. Thankfully, City Walk is a freehold neighborhood. As a result, if you purchase real estate here for AED 5 million or more and complete all other eligibility requirements, you can obtain a 5-year resident permit in the UAE.

The sole benefits of owning property in City Walk are the higher unit prices, which need a larger initial investment when starting a rental business.

Return On Investment In City Walk Dubai


The demand for studio flats is very substantial, as it is in the majority of the United Arab Emirates. Their annual earnings from leasing out a residence are 6%. The ROI decreases as the region gets exponentially. In terms of ROI,

  • 2-bedroom apartments receive 5%.
  • 9% for flats with 3 bedrooms.
  • For houses with four bedrooms, 5%.

where the property is located has a significant impact. Properties are given numbers in the neighborhood instead of names to make searching easier. At house number 12, there is the greatest housing requirement. Towers 9 and 22 are also included in the third spot.
 

Conclusion

City walk Dubai is a good investment in Dubai as it is a middle attraction of Dubai. It has a calm environment with an urban spirit. It is possible to get to the city centre on foot. The structures' unique designs, whose distinctiveness is tied to the presence of graffiti. This area has a great conviction of individuality because many hundred experts from different countries collaborated on it. Highways and roads with lots of crosswalks. 

The area has a homey feel because of the middle-rise structures. The majority of Dubai's landmarks are accessible on foot, and the neighborhood is home to a variety of intriguing sites. The community was created by Meraas, and it is trendy, lively, and modern.

 The City Walk neighborhood can be the place for you if you're seeking for a new and modern place to reside. The neighborhood is perfectly situated next to Al Wasl and across Sheikh Zayed Road from Downtown Dubai, which is very popular.

City Walk Dubai is a posh neighborhood that provides a superior standard of living for its inhabitants and advantageous lease options for property owners. It nevertheless needs work, but it already looks luxurious and one-of-a-kind.

The above suggests that tenants are interested in renting your apartment from you, the homeowner. At BSO, we have the expertise and understanding to draw attention to the important elements and manage your property to your advantage.

FAQ

Question:  In City Walk, how many buildings are there?

Answer: The City Walk Residences are made up of 34 structures spread across 13 plots. Since there is a specialized commercial area on every building's ground floor, all amenities are close by. On your doorstep are grocery stores, pharmacies, coffee shops, boutiques, restaurants, nurseries, mosques, and hotels.

Question: What kind of residence does City walk provide in Dubai?

Answer: 

  • Apartments.
  • Penthouses.
  • Townhouses.
  • Villas.
  • Offices.
  • Hotels.
  • Residential Buildings.
  • Residential Lands.

Question: Should you purchase a home in the City Walk in Dubai?

Answer: You'll undoubtedly choose a home in the City Walk neighborhood if you want the ultimate waterfront living experience.

Question: Which metro station in Dubai is nearest to City Walk?

Answer: The metro station closest to City Walk in Dubai is the World Trade Centre Metro Station.

Question: Here are the top spots that we urge you to check out:

Answer: The Green Planet, where visitors can learn about various flora and animals, City Walk, where they can go shopping, Coca-Cola Arena, where they can go to concerts, plays, athletic events, and gala dinners;

To see the extraordinary fusion of the real and virtual worlds, visit Hub Zero Dubai; to enjoy an incredible movie experience, visit Roxy Cinemas. Hence, City Walk will meet all of your possible residents' needs in terms of housing, moving, entertainment, and other activities, no matter how high their standards may be. Because of this, we never experience any trouble locating the ideal tenant for the buildings we manage.

Question:  is Active Lifestyle provided in City Walk in Dubai? 

Answer: City Walk offers quick access to amenities for an active lifestyle. The following is a list of the top places to exercise, train, jog, run, skate, and even ice skate:

  • Ayurvedic wellness center in Ontario;
  • A Perfect Fit Centre;
  • Ice rink in Dubai;
  • Skatepark near Business Bay;
  • Satwa Park and AlKhazzan Park. Also, after Central Park at City Walk is finished, the region will provide its citizens with lots of local possibilities for an active lifestyle. For illustration, they will offer:
  • skating rink;
  • courts for basketball and tennis;
  • pools and outdoor fitness facilities;
  • sporting fields and a running track.
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