About Central Park – Plaza
Status
Under construction
Deadline
3Q 2027
Developer
Meraas
District
City Walk
Squares
from 871 sq ft
Price
Status
Deadline
Developer
District
Squares
Price
Plaza is a luxurious complex consisting of two high-rise buildings. This project is presented by the renowned development company Meraas. The complex is located in City Walk, near the Coca-Cola Arena. It will be the final stage of Central Park and will provide investors with the last opportunity to acquire real estate in this community. The total number of residences presented in the project is 212, including apartments with 1, 2, 3, and 4 bedrooms, 6 four-bedroom townhouses, and four five-bedroom penthouses. Notably, the townhouses will have their own access to the park. The property sizes range from 81 to 877 square meters.
The elite residences will feature fully equipped open kitchens, built-in wardrobes in the bedrooms, sliding windows, and large balconies. The penthouses will include a demonstration kitchen, a private rooftop pool, and a panoramic glass elevator. All 3, 4, and 5-bedroom residences will have a maid’s room.
The completion of the construction of this complex is scheduled for the third quarter of 2027. Until that time, there is an excellent opportunity to take advantage of the convenient 70/30 payment plan. In this case, the initial down payment will be 20%, 50% will be paid during the construction process, and the remaining amount will be paid upon receiving the keys.
Property in the Plaza complex has significant investment potential, considering that the average ROI for one-bedroom apartments in the same area is 8.7%. The initial annual rental price here is constantly increasing, reaching AED 160,000 (USD 43,000) in the third quarter of 2023, compared to AED 150,000 (USD 41,000) in the second quarter. Thus, future property owners here can expect a stable passive income. By investing here, you also get the opportunity to obtain a ‘Golden Visa’. Its validity is 10 years and it comes with a host of privileges.
Property Types:
Flats, Apartments
Penthouses
Townhouses
first installment
20%
under construction
50%
on key handover
30%
The Plaza complex will offer a wide range of services, amenities, and entertainment for living, leisure, and relaxation, including:
Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants
Plaza boasts a convenient location between Jumeirah Street and Sheikh Zayed Road, providing residents with easy access to any area of Dubai. Za’abeel, Business Bay, and Dubai International Airport are approximately a 30-minute drive away.
Nearby are public transport stops, including Rostamani Tower, Emirates Tower Metro Station, and Financial Center Station. The vicinity also houses educational institutions, shops, medical facilities, and other essential infrastructure facilities for comfort, including:
For pleasant leisure time with friends and family, the Museum of the Future, Coca-Cola Arena, and The Green Planet are within walking distance from the residential complex.
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