Properties For Sale in City Walk
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Property for Sale in City Walk
City Walk is Dubai's entertainment center. This area is home to many shops, cafes, and restaurants. Tourists visiting the emirate often choose to rent apartments in this area because it is close to popular hangout spots and entertainment venues. The real estate in this area is developed by Meraas, a large construction company with a good reputation and substantial assets.
City Walk is not just a place where crowds of tourists gather all year round. It is a relatively large area that also includes residential quarters, and investments in real estate are available to foreigners as well. Expats who value living in an area with a developed infrastructure and job opportunities often choose to buy or rent property here.
Investing in Real Estate in City Walk
Prices for real estate in City Walk Dubai, like in the rest of the UAE, vary widely depending on the class of residence and its size. As of May 2023, a small studio apartment can be purchased for an average price of AED 800,000, while apartments with two bedrooms and bathrooms will cost no less than AED 2 million.
The infrastructure of the area is quite advanced. Within a small radius of any of the towers, there are schools for children of all ages and medical centers. As for entertainment, there is more than enough of it here: malls, clubs, fine dining restaurants, and exclusive stores of top global brands. Due to the comprehensive development of this part of the emirate, investments in City Walk Dubai real estate can yield profits of up to 50%. For example, investing in the purchase of apartments during the project's presentation stage, off-plan, can allow you to earn up to 100% of the pre-launch price upon subsequent sale of the unit.
The buildings in this popular residential community are designed in a unified architectural style. Each one is valuable not only for its external attractiveness and exquisite interiors but also for its high energy efficiency and resident-friendly amenities. For instance, residents of each of the 30+ towers in the community have access to pools, children's and sports playgrounds, and green areas. Many have rooftop terrace areas with unlimited swimming pools and relaxation terraces.
Buying property in City Walk with Space 8 Estate
Planning to buy property in City Walk Dubai? Space 8 Estate is ready to provide clients with a wide selection of residences for sale in different parts of the area. We assist with property selection and provide full-service support throughout the transaction.
- 11.08.2023City Walk – perfection of city life