Ultra Prime
Meraas Palace Residences
City Walk, Dubai
The Development
A sovereign address in the heart of the city, where refinement is the only standard.
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Units
120
Size
145–520 m²
Starting Price
AED 4.5M
Bedrooms
5
Status
Under Construction
Handover
Q3 2027
Payment Plan
50/25/25
Gallery
A Closer Look
Craftsmanship
Signature Interiors
Palace Residences introduce a new vocabulary of luxury to City Walk, Arabesque-inspired geometric screens, hand-laid mosaic feature walls, and a palette of champagne, ivory, and burnished bronze throughout.
Every detail selected with intention.
The Lifestyle
Premium Amenities
Infinity Pool
Private Spa
Rooftop Terrace
Concierge
Private Gym
Wine Cellar
Meraas Palace Residences Phase I
A landmark composition of forty-eight residences rising twelve floors above the Golden Mile, conceived as a private community where architecture, landscape, and light converge.
120
Residences
12
Floors
Investment Fundamentals
The Case for Meraas Palace Residences
Dubai continued infrastructure investment, zero personal income tax, and sustained global demand place this development within the emirate highest-growth corridors. Comparable completions in this micro-location have delivered 18-34% appreciation within 36 months of handover.
Gross rental yields across Dubai prime residential sector currently range between 5-8% per annum, outperforming London, Singapore, and Hong Kong. This development location, brand, and specification are benchmarked for the upper quartile of that range.
The developer has delivered over 30,000 units across the UAE with no material delays recorded in the past five years. All construction is funded through RERA-regulated escrow, providing full investor protection throughout the build cycle.
Dubai grants full freehold ownership to foreign nationals in designated zones. A 4% DLD transfer fee applies on purchase. There is no annual property tax, no capital gains tax, and no inheritance tax - making this among the most investor-friendly jurisdictions globally.
Population growth of 4-5% annually, record tourism arrivals, and a diversifying economy anchored to finance, technology, and logistics underpin Dubai residential demand cycle. Off-plan unit absorption in Q1 2025 reached a decade high.
Palace living. City heartbeat.
The Address
Location & Connectivity
Structure
Payment Plan
| Milestone | % Due | Estimated Amount |
|---|---|---|
| On Booking | 10% | AED 450,000 |
| During Construction | 40% | AED 1,800,000 |
| On Handover | 50% | AED 2,250,000 |
Estimate
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