1BR Apartment in City Walk Crestlane 5, Al Wasl

This 1-bedroom apartment at City Walk Crestlane 5 by Meraas offers 796 sq ft in City Walk, Al Wasl, priced from AED 2,765,000 (about AED 3,474 per sq ft), with handover expected in Q2 2030.

City Walk Crestlane 5 is a Meraas residential phase in City Walk with 1 to 4-bedroom apartments, 2-bedroom-plus-maid's layouts and duplexes. The Dubai Land Department lists it as project 4274 (Citywalk Residential 1 L.L.C), registered in December 2025 with 161 units: 159 homes (75 one-bedroom, 51 two-bedroom, 25 three-bedroom and 8 four-bedroom) and 2 commercial units. The latest DLD inspection on 6 October 2026 recorded 0.01% progress. Facilities include an infinity pool, tennis and padel courts, jogging and cycling tracks, a yoga room and training studio, sunken lounges with water features, landscaped parks, event lawns and indoor and outdoor kids' play areas.

The Green Planet and Coca-Cola Arena are within City Walk, Dubai Mall, Burj Khalifa and Jumeirah Beach are a short drive away, and Dubai International Airport is about 15 minutes away.

The 1-bedroom layout suits professionals who want to live in walkable City Walk between Downtown and Jumeirah.

What is the payment plan for City Walk Crestlane 5? Listings show a 75/25 plan (20% on booking, 55% during construction and 25% on handover), while the developer feed shows 60/40, so please confirm the current terms with us. Dubai Land Department registration adds 4% of the purchase price.

How does the price compare with Al Wasl? Registered sales in Al Wasl had a median of AED 3,326 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 731 sales). At about AED 3,474 per sq ft, this unit is around 4% above that median.

What rental yield can investors expect in Al Wasl? The median annual rent was AED 170,000, a gross yield of about 3.9% over the same period (Dubai Land Department, 1,378 Ejari contracts in Al Wasl). Actual returns depend on the unit, floor and market at handover.

When will City Walk Crestlane 5 be completed? Our feed lists handover in Q2 2030.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.