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 No. 23A, No. 23B City Walk Residential
Pricing benchmark: AED 2,502 per sq ft in Al Wasl
Completed stock — immediately mortgageable and rentable
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
68
Completion
100%
Area avg / sq ft
AED 2,502
Gross yield
—
Area
Al Wasl
Developer
Meraas Real Estates LLC
Completion date
17-07-2017
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 No. 23A, No. 23B City Walk Residential 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 | — | — |
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.
No. 23A, No. 23B City Walk Residential is a Meraas Real Estates LLC development in Al Wasl of around 68 units, currently recorded at 100% 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 completed stock, No. 23A, No. 23B City Walk Residential suits income-focused buyers who want immediate rental cash flow and mortgage access rather than construction exposure. 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.
No. 23A, No. 23B City Walk Residential 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 completed. 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 No. 23A, No. 23B City Walk Residential 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 No. 23A, No. 23B City Walk Residential 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.
No. 23A, No. 23B City Walk Residential is developed by Meraas Real Estates LLC. The project comprises around 68 units. Construction is recorded at 100% complete.
This is a completed project, so the main risks are service-charge inflation and secondary-market supply. 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 No. 23A, No. 23B City Walk Residential 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. No. 23A, No. 23B City Walk Residential 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