MERAAS "City Walk Crestlane 3"

Meraas Developer · City Walk · Dubai

SKID Score6.5 / 10

SKID Score

6.5 / 10

Worth comparing

10-factor analysis

Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: entry price.

SKID warning

This project appears expensive relative to comparable transactions.

Published price
From AED 3.25M
Payment plan
Down payment 20%.
Handover
Oct 2028
Available units
1–4 beds · Freehold
Gross yield
3.1%
Fair value
+29.3% above market (Premium)
Risk
Low
At handover
40% at or after handover
WhatsApp
Evidence-Backed Property Intelligence

What SKID discovered

3 supported findings (max 3)

Official DLD & contract evidence · Last updated 2026-10-23

Claim Classification:Verified Facts (1)Calculated Estimates (1)Potential Risks (1)
Primary TakeawayVerified FactVerified DLD Sales

Asking price is 29.3% above nearby closed sales (+AED 918/sq.ft.)

The developer asks AED 4,052/sq.ft., whereas comparable homes in City Walk sold for a median of AED 3,134/sq.ft. (~AED 736,532 higher for the same area). (Verified Fact · Verified DLD Sales)

Ref: DLD Closed Sales Registry (n = 74) · City WalkLast updated: 2026-10-23
Primary Verified FindingPricing vs. Closed Sales
Verified FactVerified DLD Sales+29.3% (+AED 918/sq.ft.)

Asking price is 29.3% above nearby closed sales (+AED 918/sq.ft.)

The developer asks AED 4,052/sq.ft., whereas comparable homes in City Walk sold for a median of AED 3,134/sq.ft. (~AED 736,532 higher for the same area).

Why this matters: The asking rate is 29.3% (~AED 736,532 on a 802 sq.ft. unit) above recent nearby completed homes in City Walk. Because future property appreciation is never guaranteed, local secondary prices would need to rise by at least 29.3%—plus ~4%–6% in registration and resale costs—before handover just to match today's baseline.

Evidence: DLD Closed Sales Registry (n = 74) · City WalkUpdated: 2026-10-23
Finding #2Rental Yield (Calculated Estimate)
Calculated EstimateCalculated Estimate · Ejari Leases~3.1% Est. Gross

Estimated gross rental yield of 3.1% (~1.8% estimated net)

Comparing current Ejari leases in City Walk (AED 127/sq.ft./yr) against the asking price implies a 3.1% gross yield—a calculated estimate based on today's rents, not a guaranteed future return.

Why this matters: After estimated service charges and maintenance (~1.2%–1.5%), an implied ~1.8% net yield leaves a narrow margin against financing costs, vacancy, or potential rent softening by handover.

Evidence: Ejari Community Lease Benchmark (n ≥ 8) · City Walk, DubaiUpdated: 2026-10-23
Finding #3Handover Horizon (Potential Risk)
Potential RiskEstimate — Potential Timeline Risk~2.5 Yrs (2028-10)

Estimated ~2.5-year horizon until 2028-10 target handover (~30 months)

Target completion is scheduled for 2028-10. SKID does not assume or predict developer delays, but a ~2.5-year construction window carries potential schedule and market-cycle exposure.

Why this matters: Capital committed during construction earns no rental income until handover, and multi-year timelines carry potential exposure to contractor pacing, phased delivery, and market shifts.

Evidence: Published Target Handover (2028-10) · ~30 Months HorizonUpdated: 2026-10-23
Understand the Price · Price & Value Explained Simply

Asking price is 29.3% higher than nearby completed homes (+AED 918/sq.ft.)

Verified Fact29.3% above comparable sales

The developer asks AED 3,250,000 (~AED 4,052/sq.ft. for a published 802 sq.ft. starting unit), while comparable residential homes in City Walk sold for a median of AED 3,134/sq.ft. (AED 2,513,468 for the same size).

1. Asking Price

AED 4,052 / sq.ft.

AED 3,250,000 starting price · 802 sq.ft.

Headline AED/sq.ft. (AED 4,052/sq.ft.) is calculated from the published starting 1 BR unit (AED 3,250,000 ÷ 802 sq.ft.). Because this project spans unit sizes from 802 to 4,598 sq.ft. and prices from AED 3,250,000 to AED 16,732,000 and 1BR–4BR layouts, larger units have different total prices and floor areas—select or enter your exact unit in the Offer Calculator to evaluate a larger layout.

2. Comparable Sales

AED 3,134 / sq.ft.

AED 2,513,468 for same size

Median price paid for completed residential homes nearby (DLD).

3. Price-per-Sq.Ft. Gap

+AED 918 / sq.ft. (+29.3% Premium)

+AED 736,532 on this unit

Positive (+) is a premium above benchmark median; negative (-) is a discount below benchmark median (not a guaranteed gain).

Developer Asking PriceAED 4,052 / sq.ft.
Nearby Completed Sales Median (DLD)AED 3,134 / sq.ft.

Why this difference matters: The asking rate is 29.3% (~AED 736,532 on a 802 sq.ft. unit) above recent nearby completed homes in City Walk. Because future property appreciation is never guaranteed, local secondary prices would need to rise by at least 29.3%—plus ~4%–6% in registration and resale costs—before handover just to match today's baseline.

Evidence Reference: DLD Closed Residential Sales · n = 74 · City Walk, DubaiLast Updated: 2026-10-23
Valuation & Negotiation Guide

What price should I offer?

Separating developer asking price, official closed comparable sales, model fair value, and evidence-supported negotiating range.

Unit Tier:
1. Asking Price (1 BR)

AED 3.25M

AED 4,052 / sq.ft. · 802 sq.ft.

Calculated from the published starting 1 BR unit (AED 3,250,000 ÷ 802 sq ft = AED 4,052/sqft). Larger units in the project range up to 4,598 sq ft (up to AED 16,732,000) — enter your specific unit's brochure price and sq ft if evaluating a larger layout.

2. Closed Sale Evidence

AED 3,268 / sq.ft.

n=11 verified DLD sales

3. Model Fair Value

AED 2.59M

AED 3,228 / sq.ft. (high confidence)

4. Suggested Offer Range

AED 3.11M – AED 3.17M

Target: AED 3.17M (-0.9% vs ask)

Developer Launch Strategy: Developer off-plan inventory is sold from a primary rate card. Unlike secondary resales, developers rarely cut headline prices deeply on single units unless you pay cash upfront or buy near quarter-end; instead, negotiation leverage typically centres on 2%–4% DLD fee waivers, post-handover payment splits, and floor/view upgrades.
Better Alternatives · SKID Investment Matcher

You might find a better deal.

Up to three evidence-backed alternatives from SKID's database matched to MERAAS "City Walk Crestlane 3" by budget, asset class, location, and 6-dimension risk-return profile.

Price verified 2026-10-23
Adjust Matching Criteria (Without Leaving Page)
Unit Bedrooms
Investment Purpose
Share with friends, family, or advisorsPublic report · No sign-up required

Launch entry sits +29.3% vs matched DLD ready closed sales in City Walk; registered rent contracts imply ~3.1% gross yield.

Send via WhatsApp
Investment Outlook Watch

Follow MERAAS "City Walk Crestlane 3" when its investment outlook changes

No account needed. Get notified only when verified evidence shows a meaningful shift in published pricing, DLD closed sales, handover dates, developer news, SKID scores, or investment risks.

1. Published Price

AED 3.25M

Alerts on ≥3% shift

2. DLD Closed Comps

AED 3,134/sqft

Verified (n=74)

3. Handover Info

Oct 2028

Timeline & plan shifts

4. Developer News

Meraas Developer

Milestones & escrow

5. SKID Score

6.5 / 10

Band & Ejari yield

6. Investment Risks

Warning active

Risk stance triggers

SKID intelligence

How does this project compare across all 10 factors?

Gross yield
3.1%
Fair value
+29.3% above market (Premium)
How SKID scores & compares projects

Last evaluated: 2026-10-23

01 · Ranked

20%15%15%10%10%10%7.5%5%2.5%5%

10 factors

0% total

Tap any slice or factor below to inspect how SKID weighs and verifies it.

Why SKID gave it 6.5

FactorWeightScore

Location

Established prime district

20%
6.8/ 10

Entry price

Launch is +29.3% above median DLD sale price per sq ft (premium) in this community

15%
3.2/ 10

Developer

1 other catalog project(s) already past their published handover

15%
8.4/ 10

Supply / competition

2 other live launches in City Walk

10%
8.0/ 10

Payment plan

40% of the price is due at or after handover, in line with balanced UAE off-plan milestones

10%
7.0/ 10

Appreciation potential

Community closed-sale trend is +0.0% year on year

10%
6.3/ 10

Rental yield

Implied gross yield is 3.1% against community rents

7.5%
3.8/ 10

Delivery risk

Handover sits in a typical 1–3 year off-plan window

5%
8.9/ 10

Service charges

Service charge published at 25

2.5%
5.5/ 10

Exit liquidity

223 closed sales in the last year in this community

5%
7.4/ 10

Strong

  • • 1 other catalog project(s) already past their published handover
  • • 2 other live launches in City Walk
  • • Handover sits in a typical 1–3 year off-plan window

Watch

  • • Established prime district
  • • 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones
  • • Community closed-sale trend is +0.0% year on year
  • • 223 closed sales in the last year in this community

Risk

  • • Launch is +29.3% above median DLD sale price per sq ft (premium) in this community
  • • Implied gross yield is 3.1% against community rents
  • • Service charge published at 25
What the agents are saying & Did each agent do its job?Show audit details

Did each agent do its job?

News sentimentLeft out, and the reason is written

No current news specifically about this project, developer, or community, so news did not change the SKID score.

Developer evaluationIncluded, with evidence

Developer evaluation for Meraas Developer: 8.4 / 10 from delivery history. 1 other catalog project(s) already past their published handover Established Tier-1 UAE master developer track record Delivery risk 8.9 / 10. Handover sits in a typical 1–3 year off-plan window.

CommunityIncluded, with evidence

Community read for City Walk: location 6.8 / 10, supply 8.0 / 10. Established prime district 2 other live launches in City Walk

PricingIncluded, with evidence

Pricing agent: Launch is +29.3% above median DLD sale price per sq ft (premium) in this community Service charge published at 25 223 closed sales in the last year in this community

ROIIncluded, with evidence

ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 3.1% against community rents

Payment planIncluded, with evidence

Payment plan agent: 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones. Score 7.0 / 10.

OrchestratorIncluded, with evidence

Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: entry price.

What the agents are saying

  • News sentiment

    No current news specifically about this project, developer, or community, so news did not change the SKID score.

  • Developer evaluation

    Developer evaluation for Meraas Developer: 8.4 / 10 from delivery history. 1 other catalog project(s) already past their published handover Established Tier-1 UAE master developer track record Delivery risk 8.9 / 10. Handover sits in a typical 1–3 year off-plan window.

  • Community

    Community read for City Walk: location 6.8 / 10, supply 8.0 / 10. Established prime district 2 other live launches in City Walk

  • Pricing

    Pricing agent: Launch is +29.3% above median DLD sale price per sq ft (premium) in this community Service charge published at 25 223 closed sales in the last year in this community

  • ROI

    ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 3.1% against community rents

  • Payment plan

    Payment plan agent: 40% of the price is due at or after handover, in line with balanced UAE off-plan milestones. Score 7.0 / 10.

  • Orchestrator

    Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: entry price.

Payment plan

Payment Plan 40% is due at or after handover. Down payment 20%.

Location

City Walk · Dubai

Recent sales nearby

DateTypePriceSq ftAED / sq ft
2026-07-07Ready · ApartmentAED 3.25M1,2162,672
2026-07-06Off-plan · ApartmentAED 3.14M1,1902,635
2026-07-06Off-plan · ApartmentAED 2.53M8343,038
2026-07-06Ready · ApartmentAED 2.4M6853,505
2026-07-03Off-plan · ApartmentAED 10.16M3,4512,943
2026-07-02Ready · ApartmentAED 13.5M3,4833,876
2026-07-01Off-plan · ApartmentAED 2.78M7963,491
2026-07-01Off-plan · ApartmentAED 2.74M8393,268
2026-07-01Off-plan · ApartmentAED 2.66M7883,379
2026-07-01Off-plan · ApartmentAED 17.66M6,2922,806
2026-06-30Ready · ApartmentAED 2.3M1,0612,168
2026-06-26Off-plan · ApartmentAED 1.85M5883,148
2026-06-26Off-plan · ApartmentAED 10M2,9593,380
2026-06-25Ready · ApartmentAED 3.8M1,1543,292
2026-06-25Ready · ApartmentAED 3.8M1,1553,290
2026-06-25Ready · ApartmentAED 2.35M8182,874
2026-06-24Off-plan · ApartmentAED 5.67M1,8143,125
2026-06-23Ready · ApartmentAED 1.85M7202,568
2026-06-22Off-plan · ApartmentAED 2.83M8143,476
2026-06-19Off-plan · ApartmentAED 2.68M8063,323
2026-06-18Ready · ApartmentAED 7.5M2,3243,228
2026-06-18Off-plan · ApartmentAED 19.28M6,8242,825
2026-06-18Off-plan · ApartmentAED 17.74M6,2992,817
2026-06-17Ready · ApartmentAED 2.74M1,2802,139

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Available units

1–4 beds · Apartments

1 BR

From AED 3.25M

802 sq.ft · AED 4,052 / sq.ft

4+ BR

Price not published

From 802 sq ft / sq m as published

Headline AED/sq.ft. (AED 4,052/sq.ft.) is calculated from the published starting 1 BR unit (AED 3,250,000 ÷ 802 sq.ft.). Because this project spans unit sizes from 802 to 4,598 sq.ft. and prices from AED 3,250,000 to AED 16,732,000 and 1BR–4BR layouts, larger units have different total prices and floor areas—select or enter your exact unit in the Offer Calculator to evaluate a larger layout.

Service charge 25

Amenities

  • Children’s Pool
  • Shared Pool
  • Kids’ Play Area
  • Lobby
  • Shared Gym & Fitness Centre
  • Leisure Areas
  • Clubhouse
  • Recreational Areas
  • Landscaped Garden
  • Jogging Tracks
  • Walking Paths
  • Yoga Studio
  • Lift
  • Bike Path
  • Conference Room
  • Social Zone
  • Outdoor Cinema
  • Sports Ground

MERAAS "City Walk Crestlane 3"

From AED 3.25M · 6.5 / 10

WhatsApp

Questions about this launch

Is MERAAS "City Walk Crestlane 3" a good off-plan investment in City Walk?
MERAAS "City Walk Crestlane 3" in City Walk (Dubai) scores 6.5/10 (compare) on the independent SKID 10-factor off-plan model across 100% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: entry price. SKID Fair Value Gap: launch entry pricing sits +29.3% above matched land-registry transactions (Premium) in City Walk (advertised listings are excluded). SKID Rental Evidence: registered tenancy contracts imply ~3.14% gross yield before service charges and vacancy reserves. Reviewed by SKID Investment Research Engine (as of 2026-10-23).
Who is building MERAAS "City Walk Crestlane 3"?
Meraas Developer is the developer named on this launch.
When is handover for MERAAS "City Walk Crestlane 3"?
The published handover is Oct 2028.
What is the starting price of MERAAS "City Walk Crestlane 3"?
The published starting price is AED 3.25M.
What does the SKID screen mean for MERAAS "City Walk Crestlane 3"?
The SKID screen for this launch in City Walk is 76 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.
Methodology & Registry Provenance (Evaluated 2026-10-23)Details

Evidence Coverage: 10 of 10 canonical factors evidenced (100% weight coverage). Missing factors are excluded rather than treated as positive evidence.

Provenance Policy: Closed Dubai Land Department (DLD) registry transactions, Oqood registrations, and registered Ejari tenancy contracts are strictly separated from developer launch prices and portal listings.

Scoring Methodology·Research Reports·Investor Q&A·Weekly Verdicts

How to invest in Dubai off-plan