City Walk Dubai: Where Urban Living Meets Trendy Lifestyle

About City Walk Dubai

City Walk Dubai United Arab Emirates, is an upscale neighborhood near Downtown Dubai and one of the most welcoming places you will ever visit. It is a world of engineering creativity and sophisticated design that optimally offers contemporary life and invites you to a unique experience of luxury and prosperity. City Walk is an integrated community that gives you the high energy of living to modern standards, allowing you and your family to obtain all the requirements of contemporary life in one place. 

It is a residential neighborhood that reflects the vibrant spirit and diversity that characterizes the city of Dubai. The unique artistic glimpses of stunning street murals can be seen in various places on City Walk streets, restaurants, cafes, and shops. All inspired by contemporary art. 

City Walk Dubai features low-rise buildings and tree-lined streets, where an evening stroll can renew your energy and relieve your mind from the day's troubles. The atmosphere in City Walk combines modern city living and a simple urban style that allows people to enjoy a comfortable life where everything they need is around them.

CITY WALK DUBAI APARTMENTS: THE EPITOME OF CONTEMPORARY LIVING

City Walk Dubai Apartments redefine luxury living with their exquisite design, impeccable craftsmanship, and attention to detail. Whether you seek a stylish one-bedroom apartment or a spacious penthouse, City Walk offers a diverse range of residential options to cater to your unique preferences. These apartments are thoughtfully designed to maximize space, natural light, and functionality, providing residents with a comfortable and modern living experience. Each unit is equipped with state-of-the-art amenities, ensuring a seamless blend of comfort, convenience, and sophistication.

CITY WALK DUBAI APARTMENTS FOR SALE: YOUR GATEWAY TO EXCLUSIVE OWNERSHIP

For those interested in owning a piece of this remarkable development, City Walk Dubai Apartments for sale present a golden opportunity. With a range of options to choose from, potential buyers can find their dream home tailored to their specific needs and preferences. The real estate market in Dubai has always been an attractive investment destination, and City Walk Dubai offers a unique blend of prime location, luxurious living, and potential for substantial returns on investment. Investing in a City Walk apartment is not just acquiring a property but also securing a lifestyle upgrade and a ticket to the city's vibrant and cosmopolitan scene.

DISCOVER THE ALLURE OF CITY WALK DUBAI

City Walk Dubai is more than just a residential destination; it is a captivating blend of entertainment, dining, and retail experiences. The community features a pedestrian-friendly environment with beautifully landscaped spaces, making it an ideal place for leisurely strolls and family outings. The area boasts a vibrant selection of high-end boutiques, fashion stores, gourmet restaurants, and cafes, ensuring that residents have everything they need right at their doorstep. The bustling atmosphere and lively ambiance of City Walk create a sense of community, fostering connections among residents and visitors alike.

CITY WALK APARTMENTS: EXPERIENCE UNMATCHED CONVENIENCE

Living in City Walk Apartments means enjoying unparalleled convenience. Situated in close proximity to some of Dubai's most prominent landmarks, residents have easy access to world-class attractions, business districts, and transportation links. Whether you are commuting to work, exploring the city's cultural treasures, or simply enjoying a day out, City Walk's strategic location ensures that you are never far from the action. With its well-connected road networks and proximity to major highways, navigating the city is a breeze, enabling residents to make the most of their time and experiences.

CITY WALK DUBAI RENT: FLEXIBILITY AND LUXURY COMBINED

City Walk Dubai also offers rental options for individuals seeking a flexible living arrangement without compromising on luxury and comfort. Renting an apartment in City Walk allows residents to experience the exceptional lifestyle offered by this remarkable community without committing to long-term ownership. The rental market in City Walk features a wide range of apartments to suit various budgets and preferences, ensuring that everyone can find their ideal living space in this sought-after destination.

PREFERRED BY CITY WALK DUBAI

City Walk is one of the most suitable residential neighborhoods for families, especially those with children. The activities provided by this well-designed residential neighborhood give the whole family many options to spend quality time together, focusing on giving children their share of entertainment. In addition to child-friendly restaurants, a cinema that displays the latest movies and Coca-Cola Arena hosts concerts and events. Furthermore, the City Walk Mall includes a wide range of retail shops. Every family member will find something to enjoy at City Walk. 

NEARBY TRANSPORTATION FACILITY AT CITY WALK DUBAI

City Walk enjoys a privileged location in the heart of Dubai, just next to the Downtown, keeping you close to the city center so you won't miss a thing. 

City Walk is just minutes from The Dubai Mall and its metro station. Burj Khalifa/Dubai Mall Metro station is only walking distance from your City Walk apartment. Besides, it is easily accessible through Al Safa street and is only 5 minutes drive from Sheikh Zayed Road. 

NEARBY ENTERTAINMENT FACILITY AT CITY WALK DUBAI

City Walk offers multiple entertainment options that can satisfy everyone of all ages and tastes. Here you can enjoy flavors from different cuisines worldwide through the excellent restaurants around you. However, suppose you prefer international cuisines, like Chinese, French, Spanish or Indian. In that case, you will find various options besides the opportunity to try a new taste that brings you out of your routine. As for shopping, many famous stores of international brands and elegant local boutiques are available in City Walk Mall. 

SCHOOLS AND EDUCATION INSTITUTIONS NEAR CITY WALK DUBAI

Families living in the area will find many options for education and daycare centers for their children—the possibility of following the schools available in Jumeirah near City Walk with great ease. Some of the closest schools and preschools to the residential area: 

• GEMS Wellington Primary School
• Jumeirah International Nursery
• Al Shorouq Private School

HEALTH CARE NEAR CITY WALK DUBAI

Several healthcare centers like clinics and hospitals are available in and near City Walk, like Valiant Clinic & Hospital, Smart Salem Medical Fitness Center, Al Badaa Health Center, Al Garhoud Private Hospital Clinic Jumeirah (HMS), and others. 

BUYING PROPERTY AT CITY WALK DUBAI

One can find a wide range of elegantly designed apartments on City Walk. These apartments attract the attention of individual buyers or investors at prices commensurate with the quality of the equipment and its significant returns, especially as it is considered a freehold area. 

There are plenty of City Walk Dubai apartments for sale. You can choose from a studio, a two-bedroom apartment, or even more spacious spaces that make it family-friendly.

All these apartments are luxuriously designed and equipped with modern facilities from fitness and beauty centers, sports clubs, parking spaces, and shops.

The prices of City Walk Dubai apartments vary according to the number of rooms, spaces, and furniture statues. For example, one can find a studio in City Walk for AED 800,000, a 1-bedroom apartment ranging between AED 772,880 to AED 2,700,000, and a 2-bedroom apartment between AED 1,710,000 to AED 4,549,990.

RENTING PROPERTY AT CITY WALK DUBAI

City Walk is an attractive destination with multiple luxury residential buildings that attract many tourists and buyers. It is an excellent choice for people looking for apartments for rent at fair prices in a vibrant and integrated society.

Renters can obtain studios, one-bedroom apartments, two-bedroom apartments, three-bedroom apartments, villas, luxury penthouses, and many more.

Prices differ depending on many factors like the number of rooms, location, utilities, etc. Still, on average, you can rent a 1-bedroom apartment in City Walk for AED 124,999 to AED 220,000 yearly. The 2-bedroom apartment ranges from AED 165,000 and AED 260,000 annually. Lastly, you can rent a 3-bedroom apartment with a minimum price of AED 270,000 and a maximum price of AED 430,000 yearly.

HOW TO CHOOSE THE RIGHT PROPERTY IN CITY WALK

Now, dealing with unprofessional real estate agents can be an inconvenient and frustrating experience for buyers, sellers, tenants, and landlords. From not returning calls to showing you a property that doesn't match its online listing, these situations can make it hard to find a true professional. To help you find a reliable real estate agent or property developer, here are some tips to consider:

1. Before engaging with a real estate agent, it is important to ensure they are employed by a reputable real estate agency. Do some research to determine how long the business has been operating in Dubai and if they have earned any business awards. Companies that are highly esteemed often provide thorough training to their consultants to give them the necessary skills and knowledge to be successful.
   
   
2. The Dubai Real Estate Regulatory Agency (RERA) was founded in 2007 to control the Dubai real estate market. As a result, RERA is in charge of authorizing all real estate operations, such as licensed real estate agents. You can confirm if your agent is RERA certified by taking a look at his profile on property websites. The BRN number should be visible. If it's not, you can just ask the agent directly.
   
   
3. Real estate agents who specialize in a particular area are invaluable. They have the knowledge and expertise to understand the unique features that make your property and neighborhood stand out from the rest. As your agent continues to work in the same area, their area knowledge will grow and they will be better equipped to represent your property.

STEP-BY-STEP GUIDE TO BUYING PROPERTY IN CITY WALK

Visit Driven Properties and browse through the various available listings of City Walk. Then look at the transaction records to know what community is popular or the service charges per community or project. In addition, the filters on our user-friendly website help to tailor the selection according to your requirements.

Once you have contacted one of our City Walk specialists and selected a property to invest in and spoken to the seller, the next step is for the buyer and seller to agree on the terms of the sale through a Memorandum of Understanding (MOU) signed by both parties. When signing an MOU, the buyer has to pay a deposit for the property, which is generally calculated to be 5% to 25% of the property value. Then a No Objection Certificate (NOC) needs to be issued from the developer, after which the Dubai Land Department (DLD) will transfer the ownership. Finally, the respected banks must get involved if an investor considers getting a mortgage.

FINANCING AND LEGAL CONSIDERATIONS

Once you've found the perfect home in Dubai, it's time to look into the different mortgage options available to you. Purchasing a dream house is an exciting journey that requires you to browse online listings, meet agents, talk to your friends and family, and visit the property in person. After you have all the necessary information, you can make an informed decision and go ahead with the purchase.

Here are the different mortgage types in Dubai:

1. Fixed-rate mortgage: interest rate is fixed for a pre-agreed period (less than five years).
2. Variable rate mortgage: Interest rate can change throughout the repayment period.
3. Discounted rate mortgage: The interest rate is lower than the Emirates Interbank Offered Rate (EIBOR).
4. Capped mortgage: Maximum cap is set before the loan term begins.
5. Remortgage: Get a new loan on an existing mortgage or transfer the existing mortgage.
6. Offset mortgage: Linking a traditional mortgage with one or more deposit accounts.
7. Investment mortgage: Loan acquired to buy a property for investment.
8. Non-resident mortgage: Available for non-residents of the UAE.
9. Residential mortgage: Loan acquired by an individual to buy a home to live in.
10. Commercial mortgage: This tool business owners use to buy a property for their business operations.
11. Land/Construction mortgage: Loan secured to fund the land purchase, structure renovation, or construction.
12. Mortgage repayment options: Interest-only repayments, Capital and interest repayments, Down payment, Mortgage life insurance.

Now, let’s have a look at how you can get a mortgage in Dubai through the following takeaways:

1. Two ways of buying property in Dubai: cash or on a mortgage.
2. Eligibility criteria for a mortgage in Dubai:

• Be a UAE national or resident
• Be between the ages of 21 and 65
• Have a monthly income of AED 15K (salaried) or AED 25K (self-employed). Please note that the monthly income can vary between banks.

3. Documents required to apply for a mortgage in Dubai:

1. A copy of your visa and passport
2. A copy of your Emirates ID
3. A salary certificate for proof of employment
4. Proof of residence (copy of tenancy contract or DEWA bill)
5. Pay slips and bank statements for the past six months
6.   The latest statements of your credit cards

Note: Non-residents seeking a home loan in Dubai must provide the following documents:

1. A copy of your passport
2. Your bank statements for the past three months

4. Step-by-step process of getting a mortgage in Dubai:

1. Find a lender
2. Choose the right mortgage for you
3. Get a pre-approval letter
4. Find your dream home
5. Finalize your property purchase

5. Expats can buy property in designated freehold areas in Dubai, such as:

1. Dubai Marina
2. Palm Jumeirah
3. Downtown Dubai
4. Dubai Hills Estates
5. Emaar Beachfront
6. JVC
7. Dubai Creek Harbour
8. City Walk

6. Mortgage down payment depends on the purchase value of the property and the resident status. Expatriates can get a mortgage from lenders operating in the UAE, but conditions may apply. For example, expat investors can be expected to pay a minimum down payment of 20% to 25% of the mortgage value besides associated costs.

7. Takes around two weeks (around 10 working days) to obtain the final offer mortgage letter.

Worth mentioning that property ownership in City Walk is available to both UAE nationals and non-UAE citizens. For those not from the UAE, there are specific regulations and guidelines established by the Dubai government and Dubai Land Department (DLD) in order to purchase properties in the designated freehold areas of Dubai, which includes City Walk.

Furthermore, if you are a US citizen looking to purchase property in the UAE, it is important to bear in mind the country's expat-friendly taxation system. While the UAE does not levy tax on purchased property, expatriates must still consider any legal liabilities that may arise in their home countries. For instance, any earnings such as rental income, interest on savings, and dividend payments may be subject to tax in the United States. For this reason, it is recommended that you consult with a tax agent in your own country to gain a clearer understanding of any tax liabilities associated with foreign property purchases before making the decision to buy.

POPULAR BUILDINGS AT CITY WALK DUBAI

City Walk is an important and distinctive area within Dubai. It is easily accessible to the Emirate's most essential parts and major centers due to its strategic location at the Safa and Wasal Streets intersection.

It's renowned for the elegance and luxury of residential apartments and buildings. It has 34 buildings, each featuring finely designed apartments.

The most famous buildings are City Walk Building 14 and City Walk Building 5.

HOTELS NEAR CITY WALK DUBAI

City Walk has many luxury hotels, such as La Ville Hotel & Suites, that offers high-end services to visitors, such as a rooftop pool, fitness centers, and meeting and wedding halls with glamorous views of the Dubai sky.

Also, you can find Rove, one of the best City Walk Dubai hotels, which offers options of restaurants in City Walk Dubai, luxury facilities, swimming pools, and a variety of integrated services that guarantee a pleasant and memorable stay.

GETTING AROUND CITY WALK DUBAI

Those who visit City Walk will feel the magnificence of its buildings and the incredible architectural art in its streets. You will find everything you need in minutes, including lots of recreational, commercial, educational, and health facilities from parks, walking trails, bicycle shops, supermarkets, restaurants, clubs, and cinemas.

The most popular restaurants include LIMA, Dubai and Chival Global Social, and Graze Gastro Grill. The closest beach to the city walk is Jumeirah Beach. You can also see dancing fountain performances, children's playgrounds, and spacious trails for walking, jogging, or quiet times with family and friends.

UPCOMING ATTRACTIONS AT CITY WALK DUBAI

When you stay in City Walk, you can do many tourist activities such as watching water fountain shows in this area. If you are a football enthusiast, you will find many events within the Dubai Summer Surprises at City Walk.

City Walk Dubai restaurants, luxury cafes, and other facilities offer many attractive deals and discounts on any holiday.

THINGS TO CONSIDER AT CITY WALK DUBAI

There are some things to watch out for when settling in this famous area. For example, some traffic congestion, especially during the weekend holidays, is due to many entertainment options, whether concerts, restaurants, or bars that many people enjoy.