Laurel
3 BR · Apartment
About the building
12-storey residential building in Central Park at City Walk. Developer — Meraas Holding.
What the building has
- Park and landscaping
Where it is
City Walk
Meraas’s low-rise urban district off Al Wasl Road: shopfronts at street level, apartments above, and pavements people actually use.
- walkable urban living
- central location
- end-user resale demand
What to check: Position within the district matters more than the floor plan. Units on the main retail spine get noise and weekend footfall; courtyard-facing units are calm. Visit at a Saturday evening before deciding.
Full district guide →Questions and answers about lot NP1-538314
How much is this 3-bedroom apartment in Laurel?
Lot NP1-538314 is priced at AED 7 198 000, about $1 960 000. The listing does not state a size, so no price per square foot is given.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price.
How does this price compare with other lots in Laurel?
The database holds 5 lots in Laurel right now, from AED 3 380 000 to AED 11 200 000. 3 of them share this type and bedroom count: this lot is the most expensive.
What are prices like in City Walk?
The database holds 62 lots in City Walk, starting from AED 1 930 000. The area median is AED 3 245 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 15 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
City Walk area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 2 159 000; a loan of AED 5 039 000 over 25 years at 3.75–4.99% a year comes to roughly AED 25 900–29 400 a month. A non-resident puts down from 40% (AED 2 879 000) and pays about AED 22 200–25 200 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 287 920 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 7 198 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Laurel?
The building has 12 floors and 217 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-538314 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
More in this building
Nearby in City Walk
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram