Meraas Real Estates LLC's Al Wasl project — here's what the Dubai Land Department numbers say.
Meraas Real Estates LLC is the developer of record for Central Park Plaza
Pricing benchmark: AED 2,502 per sq ft in Al Wasl
Off-plan / in-progress — mortgage typically unavailable below 60–80% completion
Typical ticket size clears the AED 2M Golden Visa threshold
Sikandar assessment — not financial advice. Derived from DLD registry data and comparable area analysis.
Units
212
Completion
11%
Area avg / sq ft
AED 2,502
Gross yield
—
Area
Al Wasl
Developer
Meraas Real Estates LLC
Completion date
08-10-2026
Master development
—
Sourced from the Dubai Land Department transaction registry. The DLD does not publish unit-level transactions against individual project IDs, so these are area comparables for Al Wasl — the pricing pool Central Park Plaza trades within.
DLD comparables for Al Wasl are being refreshed. Request the investor brief below for the current transaction pack.
Source: Dubai Land Department transaction registry, synced 2026-08-10. Averages cover all registered sale procedures in the area and are not adjusted for unit quality, floor or view.
Benchmark entry
AED 6,276,084
Gross rental / yr
—
Net rental / yr
—
Villa benchmark
—
Provisional — indicative only. Gross and net yields are area-level figures from Sikandar's pricing model; net deducts service charges, a vacancy allowance and management overhead. Actual returns vary by unit.
| Scenario | Down payment | Loan | Monthly EMI |
|---|---|---|---|
| NRI (25% down) | AED 1,569,021 | AED 4,707,063 | AED 26,163 |
| UAE Resident (20% down) | AED 1,255,217 | AED 5,020,867 | AED 27,908 |
| Cash Buyer | AED 6,276,084 | — | — |
Off-plan note: UAE lenders generally require 60–80% construction completion before releasing mortgage funds. Until then, developer payment plans apply.
Registered with the Dubai Land Department since 17-0. Other projects from this developer:
131 registered buildings and 8,752 registered transactions in the DLD registry for this area.
Browse Dubai areas →Includes payment plan, available inventory, comparable transaction data and Sikandar's risk assessment.
Central Park Plaza is a Meraas Real Estates LLC development in Al Wasl of around 212 units, currently recorded at 11% construction completion. Registered sales in Al Wasl average AED 2,502 per square foot, which is the pricing pool any unit here trades within — a more reliable anchor than launch brochures.
From a returns perspective, Al Wasl yield depends heavily on unit type and handover timing. Investors comparing this against alternatives should review our 2026 ROI rankings and model their own scenario in the Investment Simulator.
As an in-progress project, Central Park Plaza suits investors with a 3–7 year horizon who are comfortable with handover risk in exchange for developer payment plans and pre-completion pricing. Typical ticket sizes here clear the AED 2M Golden Visa threshold, which matters for non-resident buyers structuring residency. See the Golden Visa property guide for the residency pathway.
Central Park Plaza sits in Al Wasl, where the Dubai Land Department has registered 8,752 transactions at an average of AED 2,502 per sq ft. Meraas Real Estates LLC is the developer of record, and the project is currently under construction. Suitability depends on whether you are buying for yield or capital growth — use the figures below rather than launch marketing.
Unit-level rental data for Central Park Plaza is not yet published. Yields in Al Wasl should be modelled from comparable registered sales and rental contracts — request the investor brief for the current working numbers.
Yes. Benchmark prices here sit above the AED 2M property threshold, so a qualifying unit at Central Park Plaza would support a 10-year renewable Golden Visa for the buyer and immediate family. Eligibility is assessed on the individual title deed value, not the project average.
Central Park Plaza is developed by Meraas Real Estates LLC. The project comprises around 212 units. Construction is recorded at 11% complete.
This is an off-plan or in-progress project, so handover timing, escrow milestones and mortgage availability (most lenders require 60–80% completion) are the primary risks. Area-level supply in Al Wasl and the developer's delivery record should both be checked before committing. All figures on this page are indicative and not financial advice.
Send me your budget and timeline and I will come back with the current payment plan, the realistic net yield after DLD fees and service charges, and whether Central Park Plaza beats the alternatives in Al Wasl.
Syed Sikandar · RERA Broker Card #75044 · No spam, no listing blast — one considered reply.
Data on this page is compiled by Syed Sikandar (RERA #75044), a Dubai-licensed real estate broker with 5 years of market experience. Central Park Plaza figures are compiled from the Dubai Land Department project and transaction registries for Al Wasl. Scores are provisional pending DLD API integration. Last updated: 10 August 2026.
Disclaimer: All financial figures, yields and appreciation estimates on this page are provisional and indicative only. They are based on Dubai Land Department public records, comparable area analysis and Sikandar's methodology. Actual returns may vary. This is not financial advice. Always conduct independent due diligence before making investment decisions.
RERA #75044 · Source: Dubai Land Department registry · © Sikandar.ae 2026