City Walk Crestlane Phase 5 is an off plan project by Meraas in City Walk, Dubai, from 2,700,000 AED, with handover announced for Q2 2030. The Dubai Land Department recorded construction at 0.01%, buyer payments go to an escrow account at Abu Dhabi Commercial Bank and the developer has registered 159 homes.
Prices and payment plan
Payment plan, 1 bedroom20 / 55 / 25
Today20%567,600 AEDOn booking
Until Q2 203055%1,560,900 AEDDuring construction
Q2 203025%709,500 AEDOn handover
Total with fees2,951,540 AEDPrice 2,838,000 + land department fee 113,520 + 20 AEDSee the detail
Price2,838,000 AED
Dubai Land Department fee, 4%113,520 AED
Knowledge and innovation fees20 AED
Developer registration feeOn the developer invoice
Source: Dubai Land Department, units registered by the developer, file of 23 October 2026.
Price per sqft3,457 AED
Handover (developer)Q2 2030
RERA project number4274
Escrow accountAbu Dhabi Commercial Bank
Construction progress0.01% built
Completion date (registered)25 April 2030
Golden visaEligible, starting price at or above 2,000,000 AED
Nearest metro stationBurj Khalifa / Dubai Mall, 1.4 km
Gold Line planned in this area, opening planned in 2032, station locations not published.
Notecommunity page, no page per phase
Service charges: 19 AED per sqft a year, official median of 9 completed buildings in City Walk, Dubai Land Department.
Source: Meraas, official project page · meraas.com
Data dates
Developer prices29 September 2026
Dubai Land Department register18 October 2026
Sales registered up to2 November 2026
Property Radar score
out of 100
14 criteria measured
Highlights
Developer record: projects deliveredPayments into an escrow accountDeveloper record: cancelled projects
Good to know
Ease of resale in the areaShare of the price paid before handoverNet rental yield
See all 14 criteria
Developer record: projects delivered10/10
37 delivered, 26 ongoing, 1 cancelled
Payments into an escrow account10/10
escrow at Abu Dhabi Commercial Bank, status active
Developer record: cancelled projects9/10
1 cancelled of 64
Developer record: projects on time9/10
21 of 22 ongoing projects still within their official end date
Price per square foot vs the area8/10
3,457 against 3,326 AED per sqft in City Walk
Homes of this type in the project7/10
75 homes of this type registered in the project, out of 159
Nearest metro station7/10
Burj Khalifa / Dubai Mall, 1.4 km
Handover date5/10
handover Q2 2030
Size vs the area5/10
about 805 sqft against 805 sqft for the same type in Al Wasl, Dubai Land Department
New-build price vs the secondary market5/10
+30.4% vs the area's secondary market
Construction progress4/10
0% built, 15% of the official construction time used
Net rental yield4/10
4.6% net of service charges
Share of the price paid before handover3/10
75% of the price paid before handover
Ease of resale in the area1/10
84 completed units resold in City Walk over the last 12 months
New-build price vs the same developer's secondary market
Information not public or confidential
Market data, 1 bedroom
In short: priced 4% above the area, gross yield 5.1% a year.
Price per sqft, AED
City Walk Crestlane Phase 53,457Off plan in the area3,400All sales in the area3,326Completed resale in the area2,607
Gross yield5.1%rent 145,000 AED a year, median of 423 registered rents in City Walk
Net yield4.6%After service charges
Same unit type, Dubai Land Department registered sales and rent contracts, City Walk.
After you buy
1
Today
Book with 20%
Through a licensed expert, at the developer price.
2
Q2 2030, handover
Pay the last 25%
In cash or with a mortgage, up to 80% for residents.
3
After the keys
Rent it out
Long term or holiday home, managed for you.
Services from our selected partners. It never changes the score.
Prices in City Walk
Median price per sqft of completed apartments resold
Since 2023+43%
2026 against 2025+1%
This project, off plan3,457 per sqft
AED per sqft. Dubai Land Department sales, data.dubai. 2026 up to 23 September.
City Walk Crestlane Phase 5 in short
Starting price
2,700,000 AED
Source: Meraas or a property portal, September 2026. Confirm with the developer.
Payment plan
20% On booking55% During construction25% On handover
Handover
Handover is announced for Q2 2030.
On time?
21 of 22 ongoing Meraas projects are still within their official end date, in the Dubai Land Department project registry.
How to buy
A broker licensed by the Dubai Land Department, from our partner agency, confirms the price list and the units still available, and handles the booking with you. The contact is free.
Location and similar projects
No other off plan project is tracked in this area for now.
