Meraas Central Park Apartments at City Walk    

The Laurel residential development is situated in the community of Central Park in City Walk, which offers an urban jungle living style. There is 516,000 sqft of greenery in the neighbourhood to promote an active and healthy lifestyle within the community. A 262-feet large park will be located on the territory of Central Park in City Walk, which includes international retail offerings, upscale gourmet restaurants and luxurious hotels. A glass dome with a tropical forest inhabited by colourful birds, reptiles and sloths, and The Green Planet, is also located in the area.

The Laurel project has good transport accessibility as the complex is situated near the Sheikh Zayed Road, Al Safa Street, Jumeirah Street and Al Wasl Road. Neighbouring districts of City Walk comprise Jumeirah, Downtown Dubai, Business Bay and DIFC. Dubai Petroleum Corporation bus stops are also within walking distance, while both Dubai airports can be reached in 10-15 minutes’ by car.

Buying apartments in the Central Park Laurel offers investors excellent investment profitability. The minimum rental price for a 1-bedroom residence in the City Walk area constitutes AED 119,000 per year. Therefore, the estimated ROI will be from 8.2%. In addition, purchasing a residence in the development will provide owners with the possibility to apply for a 3-year investor visa.