City Walk Crest Lane Phase 2 at City Walk by Meraas – Luxury Living in Downtown Dubai

Project Overview: Elevated Living at City Walk

Phase 2 of Crest Lane is a premium community in the dynamic City Walk area by Meraas, across several clusters of premium residential units. Many of the project's apartments feature balconies, laundry rooms and staff quarters for the optimal convenience and comfort of residents. Bringing a serene enclave to the urban energy of Downtown Dubai, Crest Lane at City Walk 2 is an exciting and vibrant community.

Average size:
1‑Bedroom: 772 – 817 sq. ft
2‑Bedroom: 1,169 – 1,493 sq. ft
3‑Bedroom: 1,746  – 4,594 sq. ft
4-Bedroom duplex: 4,588 – 4,986 sq. ft

Starting price: 
1-bedroom apartment: AED 2.62M
2-bedroom apartment: AED 3.29M
2-bedroom apartment plus maid's quarters: AED 4.44M
3-bedroom apartment: AED 5.77M
4-bedroom duplex: AED 16.67M
5-bedroom Sky Villa Penthouse: AED 33.88M

Completion Due Date: Scheduled for Q2 2029

Features
Residents of Crest Lane enjoy a full suite of luxury features and amenities, including private gardens, rooftop terraces, and dedicated parking. The community also boasts access to state-of-the-art fitness centres, swimming pools, lush landscaped walkways, and 24/7 concierge and security services. With smart home integrations, sustainable design elements, and elegant common areas, Crest Lane delivers a seamless blend of functionality, aesthetics, and exclusive living.

Investment Potential:
Crest Lane presents strong investment appeal, driven by its prime location, premium quality, and association with Meraas’ high-value developments. The area offers attractive rental yields averaging 5–7%, with anticipated capital appreciation of 4–6% annually, supported by growing demand for lifestyle-focused urban living. Dubai’s tax-free environment, investor-friendly policies, and the long-term viability of City Walk as a mixed-use hub enhance the project's potential for both long-term growth and consistent returns.

Crest Lane at City Walk 2 – Location & Investment Highlights

Prime Location
Located in the vibrant City Walk area, featuring shopping, fine dining and luxury hotels. City Walk Crestlane is surrounded by popular leisure and entertainment venues, including the Coca-Cola Arena, Museum of the Future and The Green Planet.

Strong Investment Potential
Crest Lane at City Walk Phase 2 is highly attractive to tenants, offering owners the potential for stable passive income. As of Q1 2025, annual rent for a one-bedroom apartment starts at AED 140K (USD 38K) with predicted rental yields of 5 to 7% annually on average. A projected.15 to 20% price growth for City Walk properties make it an attractive resale proposition too.

Luxury Lifestyle
Crest Lane at City Walk embodies a sophisticated luxury lifestyle in the heart of Dubai’s premier urban enclave. Designed by Meraas, the development features elegantly styled townhouses and duplex apartments infused with contemporary architecture, high-end finishes, and spacious landscaped terraces. Residents enjoy exclusive access to private pools, state-of-the-art fitness centers, and concierge services, all nestled within a pedestrian-friendly community filled with designer boutiques, upscale dining, and chic cafés. With stunning water views, refined public spaces, and a serene ambiance just steps from City Walk’s vibrant cultural and entertainment offerings, Crest Lane offers the ultimate fusion of tranquility and cosmopolitan living—perfect for discerning homeowners seeking both comfort and prestige.

Perfect for Families
Just minutes from reputable early learning centres and top schools including Green Grass Nursery, Citizens School, JSS Private School and British Berries Nursery, as well as family-friendly swimming pools, sports courts, playgrounds, event lawns, community centres and a pet park, this is a great family-led community.

Residency Options
The purchase of a 1-bedroom apartment here for AED 2.62M would qualify you to apply for a 10-Year Golden Visa for yourself, your spouse, children, and domestic staff. These residency options offer long-term security, global mobility, and added value for investors planning to live or base their families in Dubai.

Completion & Long-Term Value
Crest Lane at City Walk 2 is scheduled for handover in Q2 2029. This second phase of the project will include 198 residential units across 2 towers, one with spectacular sea views, and the other with amazing views of the iconic Burj Khalifa. With 1–3 bedroom units, 4-bedroom duplexes, and a 5-bedroom sky villa available, the project meets a variety of needs. Created by Meraas and located a stone's throw from Downtown, the project offers long-term value and incredible rental and resale potential.

About Meraas

Meraas is a leading Dubai developer known for its innovative approach. The company aim to continue strengthening the emirate's global real estate standing with an expanding portfolio that includes Port de La Mer, Bluewaters Residences, Nad Al Sheba Gardens, Nikki Beach Residences, BVLGARI Residences, just to name a few.