Eight minutes from Burj Khalifa. Seven minutes from DIFC. Six minutes from Jumeirah Beach. Crestlane 5 is the fifth and latest phase of Meraas' Crestlane series at City Walk a twin-tower mid-rise development on Al Wasl Road, sized from 790 sq.ft 1-bedroom apartments to 6,294 sq.ft duplexes. Priced from AED 2.8 million, anchored by waterfront views, landscaped courtyards, and the master plan's central water spine. Al Wasl apartments delivered 6–7% gross rental yields with 12–15% capital appreciation in 2023. The 75/25 plan with 20% on booking. April 2030 handover.
Meraas City Walk Crestlane 5 is the fifth phase of Meraas' Crestlane series at City Walk, configured as a twin-tower mid-rise development with low-to-mid-rise architecture that maintains a walkable, friendly streetscape against the surrounding Downtown Dubai skyscrapers. The unit mix spans 1, 2, 3, and 4-bedroom apartments alongside larger duplex configurations sized from 790 sq.ft for entry 1-bedrooms to 6,294 sq.ft for the upper-tier 4-bedroom duplex residences. Meraas was founded by His Highness Sheikh Mohammed bin Rashid Al Maktoum and operates as part of Dubai Holding Real Estate. The developer's track record includes Bluewaters Residences, BVLGARI Residences at Jumeirah Bay Island, City Walk itself, La Mer, and Madinat Jumeirah Living a consistent positioning in the Dubai luxury and lifestyle residential segment. Crestlane 5 follows the same architectural language and amenity programme established across phases 1 through 4.
Sizes are tuned across the unit-type range. 1 bedroom apartments begin at 790 sq.ft. 2 bedroom layouts run between 1,200 and 2,000 sq.ft depending on configuration, with 2 BR + maid options available. 3 bedroom apartments span up to approximately 3,000 sq.ft. 4 bedroom apartments and duplexes reach 4,554 to 6,294 sq.ft, with the largest duplex layouts framed by ceiling-height glazing across multiple floor plates. Every residence features expansive glazing that captures the surrounding water features and Dubai skyline views. Interiors apply contemporary finishes sleek surfaces, open-plan flow between living and dining zones, and well-equipped kitchens designed around modern entertaining patterns. Large balconies and terraces extend the living footprint outward, oriented toward the central water spine and landscaped courtyards rather than the surrounding street network.
City Walk operates as a complete urban destination that integrates residential, retail, dining, entertainment, and commercial space within a single master plan. The community sits in Al Wasl the residential district between Downtown Dubai and Jumeirah Beach with 6–7% rental yields and 12–15% capital growth recorded in 2023 across the wider district. Within City Walk: City Walk Mall (1 minute walk), the Coca-Cola Arena (5 minutes), The Green Planet indoor rainforest bio-dome (5 minutes), Roxy Cinemas, Hub Zero entertainment centre, the Museum of the Future (10 minutes), and an extensive promenade-style retail and F&B network. Wide sidewalks, car-free zones, and dedicated pedestrian infrastructure define the streetscape. The community is family-oriented by design controlled-entry safety, dedicated children's spaces, and easy walkability replace the high-rise-tower density that surrounds it.
Al Wasl apartment values increased approximately 12–15% in 2023, with rental yields tracking 6–7% across the district. City Walk's mature retail-and-residential master plan supports consistent end-user demand from professionals working in DIFC, Business Bay, and the wider central Dubai commercial cluster. Crestlane phases 1 through 4 demonstrated absorption that sustained pricing momentum across the series, with each subsequent phase historically launching at higher per-square-foot bands. The Crestlane 5 launch enters at the latest tier, with the twin-tower configuration supporting unit-type variety across the 1BR to duplex spectrum. There is 0% capital gains tax and 0% income tax on rental returns. Freehold ownership is open to all nationalities. UAE 10-Year Golden Visa eligibility is automatic across the entire Crestlane 5 unit range. Meraas is one of Dubai's most established master developers, with delivered communities including Bluewaters Residences and BVLGARI Residences.
Meraas Crestlane 5 offers 1-bedroom apartments (from 790 sq.ft), 2-bedroom apartments and 2BR + maid configurations, 3-bedroom apartments and special residences, and 4-bedroom apartments and duplexes (4,554–6,294 sq.ft) all featuring expansive glazing, contemporary finishes, open-plan layouts, large terraces oriented toward the central water spine, and views of the Dubai skyline.
Crestlane 5's amenity programme is calibrated for the Al Wasl resident profile professionals, families, and lifestyle-oriented buyers. Water: resort-style infinity pools, kids' splash pool, sunken seating with water features, the central reflective water spine, and water play zones. Active: indoor and outdoor gym, yoga and meditation studios, padel and tennis courts, multi-use games and sports lawns, dedicated jogging and cycling tracks. Social: Community Lounge, Games Room, Collaborative Suite (shared workspace), event lawns, BBQ zones, kids' play areas, and dedicated dog park. Wellness: spa, sauna, and dedicated yoga and meditation areas. Beyond the building, the wider City Walk master plan adds promenade retail, dining, the Coca-Cola Arena, The Green Planet, Roxy Cinemas, Hub Zero, the Museum of the Future, and integrated commercial space.
Al Wasl sits at the geographic centre of Dubai's most consequential residential and commercial corridor between Downtown Dubai and Jumeirah Beach, with Sheikh Zayed Road running adjacent. The location is at Crestlane 5, 1 minute from City Walk Mall, 5 minutes from the Coca-Cola Arena and The Green Planet, 7 minutes from DIFC, 8 minutes from Burj Khalifa and Dubai Mall, 10 minutes from Jumeirah Beach, and 15 minutes from Burj Al Arab and DXB Airport. The dual-corridor reach the financial centre and beach within sub-15-minute commutes is one of the rarest residential profiles in Dubai. For investors, the combination of Meraas' developer credibility, the 6–7% Al Wasl rental yield benchmark, the 12–15% capital appreciation pattern, and the City Walk master plan's maturity makes Crestlane 5 one of the more clearly defined central-Dubai investment positions in current off-plan.
Content Reviewed By: Vikas Taneja — RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
Crestlane 5 is located within the City Walk master destination in Al Wasl, Dubai's central residential district between Downtown Dubai and Jumeirah Beach. The development is 1 minute from City Walk Mall, 5 minutes from Coca-Cola Arena and The Green Planet, 7 minutes from DIFC, 8 minutes from Burj Khalifa and Dubai Mall, 10 minutes from Jumeirah Beach, and 15 minutes from Dubai International Airport. Sheikh Zayed Road and Al Wasl Road handle primary connectivity.
Crestlane 5 offers 1-bedroom apartments (from 790 sq.ft), 2-bedroom apartments and 2BR + maid configurations, 3-bedroom apartments and special residences, and 4-bedroom apartments and duplexes (up to 6,294 sq.ft). The development is configured as a twin-tower mid-rise complex with expansive glazing, contemporary finishes, open-plan layouts, and views oriented toward the central water spine and Dubai skyline.
You can book a unit at Meraas Crestlane 5 with 20% down. Starting prices begin at AED 2.8 million for a 1-bedroom apartment, AED 3.4 million for a 2-bedroom, AED 7.4 million for a 3-bedroom, and from AED 17 million for the larger 4-bedroom duplex configurations. Contact the Dubai Housing team for current unit availability and explore more apartments at City Walk on our community page.
Crestlane 5 operates on a 75/25 construction-linked plan. You pay 20% on booking, then 55% across staged construction milestones tied to verified completion percentages from 20% through 80%, with the final 25% due on handover in April 2030. The construction-linked installment structure ties payments to measurable build progress rather than fixed calendar dates protecting buyers against pace risk during the four-year construction window.
Crestlane 5 is scheduled for handover in April 2030. Meraas operates as part of Dubai Holding Real Estate, with a delivered portfolio that includes Bluewaters Residences, BVLGARI Residences, City Walk, La Mer, and Madinat Jumeirah Living. The 7-stage construction-linked payment plan locks each milestone into measurable contractual stages, giving buyers clear visibility on progress through to handover.
Yes every unit at Meraas Crestlane 5 qualifies buyers for the UAE 10-Year Golden Visa. With starting prices at AED 2.8 million and the entire unit range above the AED 2 million Golden Visa threshold, eligibility is automatic across all 1BR, 2BR, 3BR, 4BR apartments and duplexes. The visa covers spouse and dependent family members, with the property eligible for mortgage with bank no-objection. Confirm specific eligibility details with the Dubai Housing team.
Crestlane 5 combines four investment fundamentals: a Meraas-developed master destination at one of Dubai's most central addresses (8 minutes to Burj Khalifa, 7 minutes to DIFC, 10 minutes to Jumeirah Beach); the established Al Wasl 6–7% gross rental yield with 12–15% recent capital appreciation; the dual-corridor reach to both the financial and beach corridors that supports broad tenant demand; and the consistent absorption pattern across Crestlane phases 1 through 4. Add 0% capital gains tax, 0% rental income tax, automatic Golden Visa eligibility, and freehold ownership and the case is strong.
Limited Period: Free DLD Waiver on select units
