Fern
1 BR · Apartment
About the building
22-storey residential building in Central Park at City Walk. Developer — Meraas Holding.
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 NP17-574334
How much is this 1-bedroom apartment in Fern?
Lot NP17-574334 is priced at AED 2 150 000, about $585 000. The size is 784 sq ft (73 m²), which works out at AED 2 742 per sq ft.
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. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Fern?
The database holds 5 lots in Fern right now, from AED 1 930 000 to AED 6 330 000. 2 of them share this type and bedroom count: this lot is the most expensive. At AED 2 742 per sq ft this lot is 11% below the median for the other lots in the project (AED 3 095).
Is this expensive or cheap for City Walk?
The database holds 67 lots in City Walk, starting from AED 1 930 000. The area median is AED 3 244 per sq ft; this lot, at AED 2 742, is 15% below it. 12 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 →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 430 000; a loan of AED 1 720 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 800–10 000 a month. A non-resident puts down from 40% (AED 860 000) and pays about AED 6 600–7 500 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 86 000 for this lot. 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 2 150 000. 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 Fern?
The building has 22 floors and 213 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 NP17-574334 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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