Property Overview
A 2-bedroom apartment in Celadon at Central Park, City Walk by Meraas (Dubai Holding) at AED 3,500,000 for 1,053 sqft, equalling AED 3,324 per sqft. Park and Burj Khalifa view. Currently rented. Ready property (completed Q4 2024).
Property Highlights
- Type: 2BR apartment
- Size: 1,053 sqft
- Asking price: AED 3,500,000
- Rate: AED 3,324 per sqft
- OP: Not disclosed
- View: Central Park and Burj Khalifa
- Tenancy: Rented (income-producing)
- Status: Ready (completed Q4 2024)
Pricing Analysis
DLD Transactions (2BR, Celadon, 1,053 sqft, 2026)
- AED 2,950,000 for 1,053 sqft, Celadon 3 (24 Sep 2026, AED 2,802 per sqft)
- AED 3,150,000 for 1,053 sqft, Celadon 1 (15 May 2026, AED 2,992 per sqft)
- AED 3,425,000 for 1,053 sqft, Celadon 3 (27 Apr 2026, AED 3,253 per sqft)
- AED 3,450,000 for 1,053 sqft, Celadon 2 (20 Feb 2026, AED 3,277 per sqft)
The most recent DLD sale for this exact size was AED 2,950,000 (September 2026). At AED 3,500,000, this listing is AED 550,000 (18.6%) above that transaction. The wide DLD range (AED 2,950,000 to AED 3,450,000 for the same size) suggests significant variation based on tower, floor and view. Earlier 2026 transactions were higher (AED 3,425,000 to AED 3,450,000), while the September sale at AED 2,950,000 may reflect a lower floor or less desirable view.
DLD Transactions (2BR, Celadon, Larger Sizes, 2026)
- AED 4,180,000 for 1,311 sqft, Celadon 1 (24 Aug 2026, AED 3,189 per sqft)
- AED 4,000,000 for 1,284 sqft, Celadon 3 (12 May 2026, AED 3,115 per sqft)
- AED 4,100,000 for 1,285 sqft, Celadon 3 (27 Feb 2026, AED 3,191 per sqft)
Active Competing 2BR Listings
- AED 3,300,000 for 1,052 sqft, Celadon 3 (Dubizzle, AED 3,137 per sqft)
- AED 4,150,000 for 1,286 sqft, Celadon 1 (FAM Properties, AED 3,228 per sqft)
A competing listing at AED 3,300,000 for a nearly identical 1,052 sqft unit in Celadon 3 is AED 200,000 cheaper. The park and Burj view may justify some premium, but buyers should compare both units.
Rental Income
The unit is currently rented. Comparable 2BR rentals in Celadon: AED 175,000 to AED 188,000 per year (furnished). At AED 3,500,000 purchase price: gross yield is approximately 5.0% to 5.4%. The buyer inherits the existing tenancy, providing immediate income but also inheriting the current rental terms.
About Celadon at City Walk
Three low-rise residential towers (Celadon 1, Celadon 2, Celadon 3), each with 9 floors, within the Central Park at City Walk master development by Meraas (Dubai Holding). Completed Q4 2024. Sold out at launch, resale only. Amenities include infinity pool, kids pool, tennis courts, squash court, basketball court, indoor and outdoor gyms, jogging and walking tracks, yoga areas, spa, sauna, BBQ area, dog park, nursery and children play areas. Part of the broader City Walk community with access to retail, dining and entertainment.
About City Walk
A mixed-use master community by Meraas (Dubai Holding) in Al Wasl. Features outdoor retail, dining, entertainment and residential components. Central location between Downtown Dubai and Jumeirah. Walking distance to Al Safa Park. Accessible via Al Wasl Road and Sheikh Zayed Road. Freehold ownership.
Verification Notes
The asking price, size, park and Burj view and rented status are from the agent brief. The 1,053 sqft size is confirmed by DLD records. No OP is disclosed. The agent claims this is the best deal. DLD evidence does not support this: the most recent same-size transaction was AED 2,950,000 (September 2026), and a competing listing at AED 3,300,000 exists. The price premium may reflect a higher floor and specific view position, but without floor and tower details, this cannot be confirmed. The park and Burj view is plausible for upper-floor units in the right orientation.
