Thyme (offplan) distress
2 BR · Apartment
About the building
10-storey residential building in Central Park at City Walk. Developer — Meraas Holding. Architect — Dewan Architects & Engineers.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
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 NP6-386910
How much is this 2-bedroom apartment in Thyme (offplan) distress?
Lot NP6-386910 is priced at AED 3 300 000, about $899 000. The size is 1 211 sq ft (113 m²), which works out at AED 2 725 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 Thyme (offplan) distress?
The database holds 2 lots in Thyme (offplan) distress right now, from AED 3 300 000 to AED 6 400 000.
Is this expensive or cheap for City Walk?
The database holds 55 lots in City Walk, starting from AED 1 999 990. The area median is AED 3 228 per sq ft; this lot, at AED 2 725, is 16% below it. 9 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 660 000; a loan of AED 2 640 000 over 25 years at 3.75–4.99% a year comes to roughly AED 13 600–15 400 a month. A non-resident puts down from 40% (AED 1 320 000) and pays about AED 10 200–11 600 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 132 000 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 3 300 000. 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 Thyme (offplan) distress?
The building has 10 floors. 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 NP6-386910 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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