Central Park Plaza Property Development By Meraas Holding

Last Updated on: 15th November 2024, 12:08 pm

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Welcome to the Central Park Plaza, a prestigious property development initiated by Meraas Holding, where luxury meets modern living in the bustling City Walk area of Dubai. Setting a new standard in real estate, this project embodies Meraas Holding’s commitment to excellence, blending stylish design with functionality. With an expected completion date in Q3 2027, the project features a diverse range of properties, including apartments, townhouses, and penthouses designed for both families and savvy investors alike.

The Central Park Plaza is poised to redefine urban living with its state-of-the-art amenities and thoughtfully planned community layout. The property development is characterized by a well-structured payment plan requiring only a 20% down payment at launch, 50% during construction, and the remaining 30% upon handover¹. Catering to a variety of lifestyles, the project offers residential options that range from 1 to 4 bedrooms, as well as stylish penthouses and spacious townhouses²³. This is an opportunity not to be missed for those looking to live or invest in one of Dubai’s most dynamic neighborhoods.

For more detailed information on pricing and unit types, feel free to explore the full scope of the Central Park Plaza Property Development By Meraas.

Key Takeaways

• Central Park Plaza offers a 20% down payment with a total payment plan structure of 70/30.
• This prestigious development will be completed by July 2027.
• It includes a mix of residential and commercial properties designed for diverse lifestyles.
• The project features amenities such as an infinity pool, fitness center, and co-working spaces.
• Ideal location with easy access to key landmarks, schools, and medical facilities.
• Investment potential with projected profit margins of 15-20% upon resale.

Overview of Central Park Plaza Development

The Central Park Plaza development represents a significant initiative by Meraas Holding, aiming to create an exceptional living environment that blends luxury with modernity. Situated in a prime location, this upscale residential project promises to redefine comfort and elegance in Dubai. The thoughtful design and range of amenities cater to a diverse audience, including families, professionals, and investors.

Introduction to the Project

The Central Park Plaza development is tailored to provide a tranquil urban oasis where residents can enjoy a variety of lifestyles. Emphasizing spaciousness and sophistication, the project features meticulously designed living spaces. Each unit in this Meraas Holding residential development emphasizes quality and modern finishes, promoting a comfortable lifestyle.

Location and Accessibility

Ideal for city living, the Central Park Plaza location enables easy access to primary thoroughfares and essential amenities. Situated just 4 km from downtown Dubai, residents benefit from excellent connectivity to shopping centers, cultural landmarks, and vibrant community hubs. The surrounding area boasts pedestrian-friendly pathways and well-developed infrastructure, enticing residents and tourists alike with its impressive offerings.

Types of Properties Available

Central Park Plaza provides a wide array of property types to cater to various tastes and requirements. This includes options ranging from one- to four-bedroom apartments, luxurious five-bedroom penthouses, and exclusive four-bedroom townhouses. Such versatility ensures that the community aligns with the diverse needs of individuals, families, and investors looking for prime residential opportunities within Dubai’s competitive market.

In conclusion, the Central Park Plaza development not only showcases Meraas Holding’s commitment to excellence in residential projects but is also a notable opportunity for potential investors seeking a vibrant and connected lifestyle⁴.

Amenities and Lifestyle at Central Park Plaza

Residents of Central Park Plaza can indulge in an extensive range of luxury amenities designed to enhance their living experience. The development features a stunning swimming pool, an outdoor gym, and jogging tracks, promoting an active lifestyle. The variety of Central Park Plaza Meraas Holding amenities includes children’s play areas, relaxing spa and sauna facilities, and areas for yoga and meditation, catering to diverse preferences and lifestyles. Dining outlets and retail stores are conveniently located within the community, ensuring residents have everything they need right at their doorstep.

Luxury Amenities for Residents

The provision of exceptional Central Park Plaza Meraas Holding amenities aims to provide a high standard of living. Key features include:

• Pools and water play areas
• Kids’ play area
• Running track
• Dog park
• Multi-use games and sports lawns
• Tennis and squash courts
• Half-court basketball
• Skateable landscape
• Games tables
• Outdoor gym and fitness station
• Spa and sauna
• Yoga and meditation areas
• Dining and retail options
• Function rooms
• Nursery facilities
• Events area and picnic pavilions
• Outdoor barbeque areas

Community Living Experience

Central Park Plaza emphasizes a close-knit community living experience. Thoughtfully designed children’s play areas and water play zones enhance family activities and encourage social interaction among residents. This strong focus on community fosters a relaxed atmosphere, making it an ideal place for families and individuals looking to connect with their neighbors while enjoying their luxury lifestyle.

Investment Opportunities

Investing in Central Park Plaza offers a significant opportunity in the vibrant Al Wasl area, with property prices starting at AED 2.73 million. With strategic location benefits, properties such as one, two, and three-bedroom apartments have average sales prices of AED 2,300,000, AED 3,767,000, and AED 6,812,000 respectively. These numbers reflect the development’s strong promise for attractive returns⁵. The payment plan is structured in a way that only 20% down payment is required initially, followed by 50% during construction and the remaining 30% upon completion⁶. This flexible approach makes it appealing for both first-time buyers and seasoned investors.

Conclusion

The Central Park Plaza Property Development By Meraas Holding represents a significant shift in luxury living, seamlessly integrating community-focused amenities with a stunning array of property options. With its prime location and thoughtful design, living at Central Park Plaza offers residents both a vibrant urban experience and a retreat from the hustle and bustle of city life. This dynamic environment speaks to the growing trend of seeking a balance between luxury and community spirit in Dubai’s booming real estate market.

For those considering investing in a property that stands out not only for its architectural beauty but also for its lifestyle offerings, Central Park Plaza emerges as a prime opportunity. The focus on creating a family-friendly atmosphere combined with sophisticated amenities ensures that whether you’re raising a family or looking for a stylish home, this development can meet diverse needs and preferences.

Ultimately, Central Park Plaza is more than just a residential project; it stands as a testament to Meraas Holding’s vision of modern living. With its unique features and commitment to quality, living at Central Park Plaza is poised to exceed expectations and redefine what it means to thrive in Dubai’s real estate landscape. Explore more about Central Park and its cultural significance here⁷.

Source Links

1. https://www.propertyfinder.ae/en/new-projects/meraas-holding/central-park-plaza
2. https://opr.ae/projects/central-park-plaza-by-meraas-in-city-walk-dubai
3. https://www.tanamiproperties.com/Projects/Central-Park-Plaza
4. https://en.wikipedia.org/wiki/Central_Park_Plaza
5. https://www.homefinder.global/property/central-park-plaza/
6. https://www.bayut.com/buildings/central-park-plaza/
7. https://columbusparkdental.com/local/central-park/