−4% Laurel
4 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 NP4-528414
How much is this 4-bedroom apartment in Laurel?
Lot NP4-528414 is priced at AED 11 200 000, about $3 050 000. The size is 2 970 sq ft (276 m²), which works out at AED 3 771 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 11 699 000; it is now AED 11 200 000 — AED 499 000 less, or 4%.
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.
Is this expensive or cheap for City Walk?
The database holds 58 lots in City Walk, starting from AED 1 930 000. The area median is AED 3 235 per sq ft; this lot, at AED 3 771, is 17% above 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 →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 3 360 000; a loan of AED 7 840 000 over 25 years at 3.75–4.99% a year comes to roughly AED 40 300–45 800 a month. A non-resident puts down from 40% (AED 4 480 000) and pays about AED 34 500–39 200 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 448 000 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 11 200 000. 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 NP4-528414 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Laurel
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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