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Meraas Holding · City Walk

City Walk Crestlane Phase 5

Hot Handover Q2 2030Plan 20/55/25
Starting price
AED 2.80M
From 1BR
Price / sqft
410
AED, derived from PropertyFinder unit data
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+16%
to handover (3.9y)
Popularity
93/100
demand index

About this project

City Walk Crestlane Phase 5 is a mid-rise residential development by Meraas Holding in Dubai's City Walk district. The project consists of two buildings offering 1- to 4-bedroom apartments and duplexes, with layouts designed to maximize natural light and views of water features and landscaped courtyards.

Location and Connectivity

The development sits within the City Walk community, providing walking access to retail, dining, and entertainment venues. Key nearby areas include Jumeirah Beach, Downtown Dubai, Business Bay, and the Dubai International Financial Centre (DIFC). Major highways and public transport options connect residents to both Dubai International Airport and Al Maktoum Airport.

Design and Amenities

The architecture emphasizes contemporary materials and warm textures, with double-height lobbies, floor-to-ceiling windows, and car-free pedestrian zones. Water features—including reflective pools, channels, and sunken seating areas—run throughout the landscaped grounds. Community facilities include an indoor swimming pool, gymnasium, children's play areas, and green promenades linking different parts of the development.

Target Market

City Walk Crestlane Phase 5 is aimed at families and investors seeking a balance between urban access and residential calm. The freehold ownership structure, scheduled April 2030 handover, and flexible payment plan (20% down, 55% during construction, 25% on handover) position the project for both end-users and rental investors.

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area
Reflective Pools
Water Channels
Sunken Seating Areas
Double-Height Lobbies
Green Promenades
Floor-to-Ceiling Windows
Pedestrian Walkways
BBQ Areas
Outdoor Recreation Areas

City Walk Crestlane Phase 5 completion date and handover

City Walk Crestlane Phase 5 by Meraas Holding in City Walk, Dubai is scheduled for handover in Q2 2030 (April–June 2030). Construction is estimated at ~25% based on the developer's reported phase.

City Walk Crestlane Phase 5 payment plan

The headline payment plan for City Walk Crestlane Phase 5 is 20/55/25. See the full breakdown of booking, construction and post-handover instalments in the Financials tab.

  • Standard — Down Payment: 20% • During Construction: 55% • Handover: 25%

City Walk Crestlane Phase 5 floor plans and unit types

City Walk Crestlane Phase 5 offers 10 unit types:

1BR
787–868 sqft
from AED 2.80M
2BR
1,252–1,504 sqft
from AED 3.40M
3BR
2,082–4,102 sqft
from AED 7.20M
4BR
5,521–5,521 sqft
from AED 16.60M
4BR
4,554–5,920 sqft
from AED 18.00M
1BR
787–795 sqft
from AED 2.80M
2BR
1,180–1,686 sqft
from AED 3.40M
3BR
2,082–4,220 sqft
from AED 7.20M
4BR
6,298–6,823 sqft
from AED 16.60M
4BR
5,351–6,294 sqft
from AED 18.00M

City Walk Crestlane Phase 5 rental yield and price per square foot

Estimated gross rental yield: 7% p.a., benchmarked against current City Walk rental data. Entry pricing works out to AED 410 – 22,872 per sqft, with estimated capital appreciation of 16% to handover.

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment, Duplex
Buildings
2
Expected completion
1 Apr 2030

Project timeline

  1. Construction Started
    30 Nov 2025 · completed
  2. Expected Completion
    1 Apr 2030

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

Where is City Walk Crestlane Phase 5 located?
City Walk Crestlane Phase 5 is located in the City Walk district of Dubai, within a mixed-use community that includes retail, dining, and entertainment options.
Is City Walk Crestlane Phase 5 freehold or leasehold?
The development is freehold, meaning buyers receive full ownership rights to their property.
Is City Walk Crestlane Phase 5 a good investment?
City Walk Crestlane Phase 5 offers 1- to 4-bedroom apartments and duplexes in a walkable community with water features, landscaped courtyards, and direct access to City Walk's retail and leisure amenities. Its proximity to Jumeirah Beach, Downtown Dubai, Business Bay, and DIFC supports rental demand. The mid-rise design, contemporary finishes, and scheduled April 2030 handover may appeal to investors seeking capital growth and rental yield in a central Dubai location.
When is City Walk Crestlane Phase 5 expected to be completed?
The project is scheduled for handover in April 2030.
What is the starting price for units in City Walk Crestlane Phase 5?
Units start at AED 2,800,000 for 1-bedroom apartments.
What is the payment plan for City Walk Crestlane Phase 5?
The payment plan requires 20% down payment at launch, 55% during construction in six equal installments, and 25% on handover.
Who is developing City Walk Crestlane Phase 5?
Meraas Holding is the developer responsible for the project, overseeing design, construction, and delivery.
What types of units are available in City Walk Crestlane Phase 5?
The development offers 1-bedroom apartments (787–868 sqft, from AED 2.8M), 2-bedroom apartments (1,180–1,686 sqft, from AED 3.4M), 3-bedroom apartments (2,082–4,220 sqft, from AED 7.2M), 4-bedroom apartments (5,521–6,823 sqft, from AED 17M), and 4-bedroom duplexes (4,554–6,294 sqft, from AED 18M) across two buildings.