Laurel
3 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
Specifications for Laurel at Central Park per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
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 NP1-476876
How much is this 3-bedroom apartment in Laurel?
Lot NP1-476876 is priced at AED 5 250 000, about $1 430 000. The listing does not state a size, so no price per square foot is given.
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.
How does this price compare with other lots in Laurel?
The database holds 4 lots in Laurel right now, from AED 3 380 000 to AED 7 198 000. 3 of them share this type and bedroom count: this lot is the cheapest.
What are prices like in City Walk?
The database holds 54 lots in City Walk, starting from AED 1 930 000. The area median is AED 3 243 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 5 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?
The handover date in the listing is 4Q 2025, which has already passed. I will confirm whether the property has actually been handed over when you ask: listings are not always updated.
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 30%, here AED 1 575 000; a loan of AED 3 675 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 900–21 500 a month. A non-resident puts down from 40% (AED 2 100 000) and pays about AED 16 200–18 400 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 210 000 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 5 250 000. 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 NP1-476876 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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