Can foreigners buy apartments in City Walk?

Yes, the area is classified as a freehold zone. This means foreign citizens have full ownership rights and can freely sell, gift or rent out their properties.

How to buy an apartment in City Walk as a foreigner?

The process of property investment in Dubai includes selecting and reserving a property, signing a contract (MOU or SPA), obtaining a NOC and registering ownership with the Land Department.

What are apartment prices in City Walk?

The average price of an apartment in City Walk for expats is AED 4,330,000 (USD 1,180,000).

What was the number of sales transactions for apartments in City Walk?

As of April 2026, 1,179 transactions were completed in the area over the past 12 months of investing in apartments in City Walk.

Can I get a mortgage to buy an apartment in City Walk as a foreigner?

Yes, non-residents can typically obtain financing covering up to 50–70% of the property value. It is recommended to use a mortgage calculator to estimate monthly payments.

Is buying an apartment in City Walk a good investment?

The investment appeal of the area is driven by the limited supply of low-rise housing in the city centre and proximity to major business hubs. Steady price growth combined with a limited number of new development plots ensures long-term capital preservation and growth.

What is the average ROI for apartments in City Walk?

Apartments in City Walk for investment with 1–3 bedrooms generate approximately 5–6% annually.

Is it safe to buy off-plan apartments in City Walk?

All buyer funds are held in secure escrow accounts, which developers can access only upon completion of project milestones. This ensures investment protection and proper use of funds.

What upfront costs are involved when buying an apartment in City Walk?

Approximately 2.5% of the property value is spent on documentation, agency commissions and legal services.

Is it tax-free to buy apartments in City Walk?

The only mandatory payment is a 4% registration fee.

Where can I find luxury apartments for sale in City Walk?

The most prestigious properties are concentrated in the Central Park developments.

What makes City Walk apartments popular among investors?

Their popularity is driven by a European-style urban concept: pedestrian-friendly spaces, low-rise buildings and integration with a green park ecosystem. Unlike busy central districts, the area offers a more private atmosphere while maintaining access to top clinics, schools and boutiques.