The eight steps
Shortlist and view, agree price, sign Form F (MOU) with a 10% deposit, seller applies for the developer NOC, book the trustee office appointment, pay the 4% DLD fee and manager's cheques, receive the title deed, then hand over keys. Cash deals close in 2–4 weeks, mortgaged deals in 4–8.
Budget for City Walk
At AED 3,000 per sqft, a typical unit here transacts near AED 2,340,000. Add 4% DLD, ~AED 4,200 trustee fee, 2% agency and 0.25% mortgage registration if financed.
City Walk at a glance
City Walk is a Meraas urban-luxury district of boutiques, dining and low-rise residences. Buying sits at AED 3,000 per sqft — roughly AED 2,340,000 for a standard one-bedroom — while long-term tenants pay about AED 160,000 a year. Hosted as a licensed holiday home, the same unit averages AED 921 a night at 80% occupancy, around AED 268,932 gross. Owners on our managed programme average AED 371,126 — a 38% uplift.
