Off-Plan · City Walk

Handover & Snagging in City Walk

What happens at handover in City Walk and how to snag properly before you accept keys.

Price per sqft

AED 3,000 per sqft

1-bed rent

AED 160,000/yr

Gross yield

6–7%

Short-let occupancy

80%

The handover sequence

Developer issues the completion notice, you settle the final instalment, pay DLD registration, complete a snagging inspection, then collect keys and register DEWA. Expect 30–60 days end to end in City Walk.

Snag it properly

A professional snag on a City Walk unit costs AED 800–2,500 and routinely finds 40–120 items — door alignment, AC balancing, silicone, tiling and paint. Submit the report before signing acceptance, not after.

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.

Frequently asked questions

Who fixes snags?

The developer, under the one-year defects liability period and ten-year structural warranty.

Can I refuse handover?

You can withhold acceptance until material defects are rectified, but instalment obligations continue.