City Walk, Dubai
Creative architecture in the heart of Dubai, not far from the Burj Khalifa
City Walk combines modern architecture, graffiti, bold engineering solutions, and youth culture. It has no usual skyscrapers and features many walking paths and shops – an ideal place to live. At the same time, apartments for sale in City Walk (Dubai) are in great demand due to its strategic location across the street from the Burj Khalifa.
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About district City Walk
- Description
- Infrastructure
- Price Analysis
City Walk is one of the central parts of Dubai, within walking distance of the Burj Khalifa and Dubai Mall. Besides, the area features bold, modern, and even daring architectural solutions. There are no skyscrapers. The buildings are mainly low- and mid-rise, while the streets are wide and green. That is, the area is perfect not only for tourists but also for permanent residents.
Inside the area is City Walk Mall with shops of many world brands – Dolce & Gabbana, Chanel, Calvin Klein, etc. Coca-Cola Arena is Dubai’s home of live entertainment and sporting events. Valiant Clinic, Aspris Health SPA, and other facilities provide medical care for all residents. Honey Bee Nursery is available for kids aged 4 months to 4 years old. Hundreds of restaurants, pharmacies, car dealerships, beauty salons, Burj Khalifa / Dubai Mall Metro Stations, and the Green Planet Zoo are all within easy reach.
The City Walk district in Dubai remains an attractive investment destination, offering rental yields of up to 8.5% ROI. Prices are expected to rise further due to high demand and the development of new projects. Flexible payment plans from developers and opportunities for obtaining residency visas also enhance the area's investment appeal.
Enjoy the exceptional benefits of City Walk
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Key Benefits of Owning Property in City Walk
Dubai Mall and the tallest skyscraper in the world are among the most visited tourist places on the planet. That’s why properties near the Burj Khalifa are a gold mine for many investors. Moreover, City Walk represents a comfortable area for family life. Therefore, demand for housing here is much higher than supply. Please note that the UAE has no property and income taxes for local and foreign investors. Everything you earn from renting out a property is yours. The average ROI here is up to 4.5%.
Types of Housing in City Walk: Apartments and Penthouses
To buy properties for sale in City Walk in Dubai, you do not need to be a multimillionaire. Miniature studios cost $160,000 to 200,000. By the way, it’s the most popular option for renting. The price for two-bedroom apartments starts at $500,000. To buy a three-bedroom apartment with an area of about 200 sq.m., you will need $1 million. Minimum prices for luxury apartments in City Walk Dubai with 5 bedrooms and 7 bathrooms start at $7 million. Since the location hosts mainly multi-apartment residential complexes, it has no villas for sale. Would you like to buy a private house? Feel free to learn more about other family-friendly communities in Dubai.
Why Buy a Property in City Walk Dubai
Since the Burj Khalifa stands next to the area, there are no problems with transport accessibility. Bus stops, metro stations, and the main highways are all within walking distance. City Walk has two areas: City Walk Mall, with hundreds of shops and entertainment places, and residential properties in City Walk Dubai. The neighborhood is home to the Green Planet Zoo, Coca-Cola Arena, and several clinics, including dental and psychiatric. Citizens School and Honey Bee Nursery are within walking distance.
How to Invest in City Walk Real Estate
Investment properties in City Walk Dubai are a guarantee of high profitability. Apartments in the heart of Dubai near its main attraction are the choice of those who need maximum reliability. The average annual rent for a one-bedroom apartment here is over $46,000. And the rates continue to rise. Mira Estate will help you find an apartment of any level – from a studio to a full-floor penthouse. We accompany each turnkey transaction and help foreigners understand Arab legislation.
What might interest you
- What Types of Properties Are Available in the Area?
There are apartments and penthouses, from miniature 23 m² studios to impressive penthouses with 5 bedrooms and 7 bathrooms. The area features multi-apartment residential complexes. There are no villas or townhouses here.
- What Are the Advantages of Investing in City Walk Dubai?
The area lies next to the Burj Khalifa and Dubai Mall. You can get to the beach in 10 minutes. That’s why this community has a consistently high demand for its rental property among tourists. City Walk is not a typical tourist area but a family-friendly community for permanent living. Therefore, buying an apartment for subsequent resale is another popular option for investment here.
- What Are the Infrastructure Facilities of City Walk Dubai?
The area has City Walk Mall, the Green Planet Zoo, Coca-Cola Arena, Abdul Salam Rafi Mosque, Honey Bee Nursery, Canadian University Dubai, several medical clinics and hospitals, dozens of supermarkets, car dealerships, and other infrastructure facilities. The Burj Khalifa and Dubai Mall are a 15-minute walk away.