Imagine stepping out of your modern City Walk apartment, strolling through trendy boutiques, grabbing a coffee at a chic café, and feeling the pulse of Dubai’s urban lifestyle, all while your investment grows in a vibrant district. In 2025, City Walk is a beacon for urban living, offering freehold properties with 100% foreign ownership and a tax-friendly environment that lets you keep more profits than in cities like London or New York, where taxes can erode 15-40% of gains.
The UAE’s dirham, pegged to the U.S. dollar, eliminates currency risk, and residential sales are VAT-exempt, saving thousands. With a 5% population surge, 25 million tourists, and 5-8% price appreciation expected, City Walk’s 5-7% rental yields outshine global hubs like London (2-4%) or New York (3-4%).
Properties over $545,000 qualify for a 10-year Golden Visa, adding residency perks. This guide explores five City Walk projects Central Park Towers, City Walk Northline, The Residences at City Walk, Meraas Bluewaters Residences, and City Walk Building 2B that redefine urban living with style and strong returns.
City Walk, a freehold free zone developed by Meraas, blends residential, retail, and leisure in a walkable, low-rise district near Sheikh Zayed Road and Jumeirah. Attracting 58% non-resident buyers from countries like India, the UK, and China, it drove 94,000 property transactions in the first half of 2025. Its open-air retail, dining hubs like The Green Planet, and proximity to Downtown Dubai ensure high demand, with low vacancy rates (3-4% vs. 7-10% globally) and 5-7% rental yields.
A $600,000 apartment yielding 6% ($36,000 annually) is tax-free, versus $25,200-$28,800 elsewhere. Zero capital gains tax saves $60,000-$84,000 on a $300,000 profit. No annual property taxes save $6,000-$12,000 yearly, and residential sales dodge 5% VAT ($30,000-$60,000).
The 9% corporate tax doesn’t apply to individual landlords, and free zone companies save $2,000-$10,000 annually. Small business relief waives corporate tax for revenues under $816,000 until December 31, 2026. These projects make urban living feel stylish and profitable.
City Walk feels like the perfect blend of urban buzz and smart investing.
Central Park Towers by Meraas, set for completion in Q2 2025, offers 5-7% rental yields and 5-7% price growth. Featuring 1-4 bedroom apartments ($408,375-$1.36 million), it boasts lush park views, a rooftop pool, and a 5-minute walk to City Walk’s retail and dining.
A $600,000 apartment yields $30,000-$42,000 tax-free annually, versus $21,000-$29,400 elsewhere. With 18% growth over three years, selling it for $708,000 yields a $108,000 tax-free profit, saving $21,600-$30,240 in capital gains tax. No property taxes save $6,000-$12,000 yearly, and VAT exemption saves $30,000.
Initial costs include a 4% Dubai Land Department (DLD) fee ($16,335-$54,450), 2% broker fee ($8,168-$27,225), and a 10% deposit ($40,838-$136,125). Annual maintenance fees are $3,000-$8,000, and landlords pay a 5% municipality fee ($1,500-$2,100). A Qualified Free Zone Person (QFZP) free zone company saves $8,720 on $87,200 in rental income.
U.S. investors can deduct depreciation ($12,091-$48,327) and management fees ($1,860-$8,509), saving up to $14,678. Golden Visa eligibility applies for properties over $545,000. Short-term rentals, leveraging 25 million tourists, boost yields by 10-20% with Department of Tourism and Commerce Marketing (DTCM) registration ($408-$816 annually). Its 4% vacancy rate and green spaces attract professionals.
The park-side charm feels like a refreshing, high-return urban retreat.
City Walk Northline by Meraas, expected to complete in Q3 2025, offers 5-7% rental yields and 6-8% price growth. Featuring 1-3 bedroom apartments ($462,000-$1.09 million), it includes smart home systems, a fitness center, and proximity to Coca-Cola Arena. A $700,000 apartment yields $35,000-$49,000 tax-free annually, versus $24,500-$34,300 elsewhere. With 20% growth, selling it for $840,000 yields a $140,000 tax-free profit, saving $28,000-$39,200 in capital gains tax. No property taxes save $7,000-$14,000 yearly, and VAT exemption saves $35,000.
Initial costs include a 4% DLD fee ($18,480-$43,560), 2% broker fee ($9,240-$21,780), and a 10% deposit ($46,200-$108,900). Annual maintenance fees are $4,000-$10,000, and landlords pay a 5% municipality fee ($1,750-$2,450). A QFZP free zone company saves $10,176 on $101,760 in rental income. U.S. investors can deduct depreciation ($24,182-$40,364) and management fees ($3,720-$7,109), saving up to $17,341. Golden Visa eligibility applies. Short-term rentals boost yields by 10-20%. Its 3% vacancy rate and vibrant location draw young professionals.
The trendy, urban vibe feels like a stylish, profitable investment choice.
The Residences at City Walk by Meraas, set for completion in Q1 2025, offers 5-7% rental yields and 5-7% price growth. Featuring 1-4 bedroom apartments ($544,500-$1.63 million), it boasts boutique-style interiors, a community pool, and a 5-minute walk to City Walk’s retail and Green Planet.
A $800,000 apartment yields $40,000-$56,000 tax-free annually, versus $28,000-$39,200 elsewhere. With 18% growth, selling it for $944,000 yields a $144,000 tax-free profit, saving $28,800-$40,320 in capital gains tax. No property taxes save $8,000-$16,000 yearly, and VAT exemption saves $40,000.
Initial costs include a 4% DLD fee ($21,780-$65,340), 2% broker fee ($10,890-$32,670), and a 10% deposit ($54,450-$163,350). Annual maintenance fees are $4,000-$12,000, and landlords pay a 5% municipality fee ($2,000-$2,800). A QFZP free zone company saves $10,176 on $101,760 in rental income. U.S. investors can deduct depreciation ($24,182-$48,327) and management fees ($3,720-$8,509), saving up to $17,341. Golden Visa eligibility applies. Short-term rentals boost yields by 10-20%. Its 3% vacancy rate and boutique charm attract affluent tenants.
The elegant, low-rise design feels like a luxurious, tax-smart urban escape.
Meraas Bluewaters Residences, located on Bluewaters Island but integrated with City Walk’s urban ethos, offers 5-7% rental yields and 6-8% price growth, with completion expected in Q4 2025. Featuring 1-4 bedroom apartments ($680,625-$2.18 million), it includes private balconies, a pool, and proximity to Ain Dubai and JBR Beach.
A $1 million apartment yields $50,000-$70,000 tax-free annually, versus $35,000-$49,000 elsewhere. With 20% growth, selling it for $1.2 million yields a $200,000 tax-free profit, saving $40,000-$56,000 in capital gains tax. No property taxes save $10,000-$20,000 yearly, and VAT exemption saves $50,000.
Initial costs include a 4% DLD fee ($27,225-$87,120), 2% broker fee ($13,613-$43,560), and a 10% deposit ($68,063-$217,800). Annual maintenance fees are $5,000-$15,000, and landlords pay a 5% municipality fee ($2,500-$3,500). A QFZP free zone company saves $12,720 on $127,200 in rental income. U.S. investors can deduct depreciation ($32,727-$80,727) and management fees ($5,036-$14,227), saving up to $23,273. Golden Visa eligibility applies. Short-term rentals boost yields by 10-20%. Its 3% vacancy rate and coastal proximity ensure demand.
The coastal-urban blend feels like a trendy, high-return investment.
City Walk Building 2B by Meraas, set for completion in Q2 2025, offers 5-7% rental yields and 5-7% price growth, ideal for budget-conscious urban buyers. Featuring studios to 2-bedroom apartments ($408,375-$816,750), it includes smart home systems, a rooftop gym, and proximity to City Walk’s retail.
A $500,000 apartment yields $25,000-$35,000 tax-free annually, versus $17,500-$24,500 elsewhere. With 18% growth, selling it for $590,000 yields a $90,000 tax-free profit, saving $18,000-$25,200 in capital gains tax. No property taxes save $5,000-$10,000 yearly, and VAT exemption saves $25,000.
Initial costs include a 4% DLD fee ($16,335-$32,670), 2% broker fee ($8,168-$16,335), and a 10% deposit ($40,838-$81,675). Annual maintenance fees are $3,000-$7,000, and landlords pay a 5% municipality fee ($1,250-$1,750). A QFZP free zone company saves $7,632 on $76,320 in rental income. U.S. investors can deduct depreciation ($12,091-$29,673) and management fees ($1,860-$5,227), saving up to $11,006. Golden Visa eligibility applies for properties over $545,000. Its 4% vacancy rate and compact design appeal to young professionals.
The sleek, urban setup feels like an accessible, profitable investment.
Buying in these projects involves manageable costs. A $600,000 property incurs a 4% DLD fee ($24,000), 2% broker fee ($12,000), and a 10% deposit ($60,000). Off-plan properties often use 60/40 or 70/30 payment plans, with 60-70% paid during construction.
Annual maintenance fees range from $3,000-$15,000, and landlords pay a 5% municipality fee ($1,250-$3,500). Short-term rentals require DTCM registration ($408-$816), while long-term leases need Ejari registration ($54-$136). Off-plan purchases may incur 5% VAT ($16,335-$108,900), recoverable via Federal Tax Authority registration ($500-$1,000). A QFZP free zone company saves $2,000-$12,720 annually on corporate tax.
These costs feel like a small price for City Walk’s urban allure and returns.
To optimize returns, use these strategies. First, target high-yield projects like City Walk Northline (5-7%) or Meraas Bluewaters Residences (5-7%) for strong returns. Second, leverage short-term rentals in all projects for 10-20% yield boosts, ensuring DTCM compliance. Third, set up a QFZP free zone company to save $2,000-$12,720 annually. Fourth, recover 5% VAT on off-plan purchases.
Fifth, leverage small business relief for revenues under $816,000 until 2026. Sixth, U.S. investors should report rental income on Schedule E, deducting depreciation ($12,091-$80,727), maintenance ($3,000-$15,000), and mortgage interest, saving thousands. Non-U.S. investors can use double taxation treaties with 130+ countries to avoid taxes like the UK’s 20-28% capital gains tax. Hire a property manager ($3,000-$10,000 annually) for ease. Consult a tax professional for compliance.
Risks include a projected oversupply of 41,000 units in 2025, potentially slowing price growth. Mitigate by choosing trusted developer Meraas, verifying escrow compliance under the 2025 Oqood system for off-plan buys, and targeting high-demand projects with low vacancies (3-4%). Ensure QFZP eligibility to avoid fines up to $136,125. Long-term leases in Central Park Towers or City Walk Building 2B ensure stability, while short-term rentals in Meraas Bluewaters Residences boost yields. Regular market analysis keeps you ahead of trends.
Central Park Towers offers green serenity, City Walk Northline delivers trendy vibrancy, The Residences at City Walk provide boutique elegance, Meraas Bluewaters Residences blend coastal allure, and City Walk Building 2B caters to compact urban living. With 5-7% yields, 5-8% price growth, and Golden Visa perks, these City Walk projects are the top urban living trends to follow in 2025, offering stylish lifestyles and strong financial returns.
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