This project was completed in Q2 2025. The price shown is the original launch price. Availability is through the resale market. Contact us to ask what is currently for sale.

Project details

Starting price AED 1,246,000 ≈ € 299,000 What will my monthly payments be?

Payment plan 50/50 50% during construction, 50% at handover

Handover Q2 2025 Completed

Bedrooms 1 2

Property type: Apartment
Floor area: 63 to 172 m²
Developer: Meraas
Location: City Walk

Project brochure

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The Myrtle brochure

Download the brochure for Myrtle van Meraas in City Walk for free with all the information about this project.

Floor plans by property type
Full price list
Payment plan

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About Myrtle

Residential development featuring 1 and 2-bedroom apartments
Beautiful apartments surrounded by green parks
Forward-thinking facilities and amenities
Favourable and flexible payment plan
Ideal location in the heart of Dubai

Myrtle at City Walk: Luxury apartments by Meraas

Myrtle in City Walk is a new real estate project developed by Meraas, located in the prestigious Jumeirah District of Dubai. This project offers exclusive 1 and 2-bedroom apartments, designed with a modern and refined aesthetic. The residences feature light-filled interiors and spacious terraces with views of the surrounding green parks. City Walk is known as a creative and vibrant neighbourhood, where residents can enjoy a balanced mix of luxury, comfort, and entertainment. The location offers easy access to high-end retail destinations, gourmet restaurants, and luxury hotels. The project is specifically designed to cater to the needs of an active and healthy lifestyle, with numerous recreational opportunities close at hand. Myrtle promises not only to be a home but also a place where residents can relax, socialise, and enjoy everything Dubai has to offer.

Residences and Types

Myrtle offers a selection of stylish apartments, ranging from 1 to 2 bedrooms, with areas between 63.17 m² and 171.87 m². The residences are designed with an eye for detail and offer a harmonious balance between functionality and aesthetics. The spaces are optimally utilised, with open kitchens, spacious living areas, and large windows that ensure an abundance of natural light. The terraces offer breathtaking views of the green surroundings and the Dubai skyline. The apartments are fitted with high-quality finishes and modern appliances, making them ready for immediate occupancy. Whether you are looking for a compact home or a more spacious option, Myrtle has something for everyone. The bedrooms are generously sized and feature spacious wardrobes, while the bathrooms are finished with premium materials. This project is ideal for both first-time buyers and families looking for a luxury home in a dynamic environment.

About the developer Meraas and the Myrtle design

Myrtle is being developed by Meraas, a renowned developer in Dubai known for its innovative and high-quality projects. Meraas has built a strong reputation with iconic developments such as City Walk, La Mer, and Bluewaters Island. The company is synonymous with quality, sustainability, and attention to detail. The building itself is designed with a futuristic architecture that fits perfectly within the modern appearance of City Walk. Residents can enjoy a wide range of facilities, including a swimming pool, fitness room, children’s playgrounds, and green walking paths. Furthermore, the building offers comprehensive security and maintenance services, allowing residents to live carefree. Meraas ensures that every aspect of the project meets the highest standards, making Myrtle an excellent investment for both owner-occupation and rental. The project’s completion is scheduled for the second quarter of 2025.

Prime location in City Walk near key Dubai destinations

Myrtle is located in City Walk, one of Dubai’s most sought-after neighbourhoods. This vibrant district combines living, shopping, and entertainment in a stylish setting. The location offers excellent connections to other parts of the city, including Dubai International Airport, just a 15-minute drive away. In the immediate vicinity, you will find luxury shops, trendy restaurants, and cultural hotspots. Famous landmarks such as the Burj Al Arab and La Mer Beach are just 15 minutes away, while Dubai Marina and Palm Jumeirah are within a 20-minute drive. The neighbourhood is known for its green spaces and pedestrian-friendly infrastructure, making it an ideal place for families and professionals. Additionally, there are numerous recreational opportunities, from outdoor cinemas to pop-up events. City Walk is more than just a residential location; it is a lifestyle destination where residents can enjoy the best that Dubai has to offer.

Flexible payment plan for Myrtle apartments

The payment plan for Myrtle is designed to offer investors and buyers flexibility. The plan provides for a 50% payment during the construction phase and the remaining 50% upon completion. This allows for the financial burden to be spread out and the investment to be managed more effectively. Our team is available to provide support with navigating the purchasing process in Dubai. The project is an excellent opportunity for those looking for a stable investment in a growing market. Prices for the apartments start from AED 1,246,000, depending on the type and area. Interested parties can contact us in a timely manner for a detailed discussion of the possibilities. Our team is ready to guide you through every step, from the initial viewing to the final handover. Please feel free to contact us for more information on this attractive project.

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Amenities

24/7 security Air conditioning Swimming pool Sea view Restaurants Playground Shops Beach

Payment plan for Myrtle

50%50%

50%

During construction, in instalments

AED 623,000

≈ € 150,000

50%

After handover

AED 623,000

≈ € 150,000

Percentages are based on the starting price and are indicative. The developer determines the exact instalments. Please contact us for more information about the payment plans.

Monthly payments and your own funds

How much do you need for Myrtle, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE? No, non-resident Yes, UAE resident

Purchase price AED 1,246,000 Finance at handover 50% Maximum 50%: 50% is due at handover, and banks generally finance no more than 50% for non-residents. Interest rate 3.6% Term 25 years

Monthly payments after handover

AED 3,152

≈ € 760 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan: AED 623,000≈ € 149,500
Your funds at handover: AED 0≈ € 0
Mortgage at handover: AED 623,000≈ € 149,500
Purchase costs4% DLD fee and mortgage costs: AED 58,498≈ € 14,000
Total funds required: AED 681,498≈ € 163,600

Request finance guidance for Myrtle

How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)	Maximum mortgage
First home up to AED 5m	80%
First home above AED 5m	70%
Second home or investment	60%
Off-plan, before handover	50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Myrtle

Location

City Walk, Dubai Al Maktoum International Airport: 50 minutes (car) · Burj Al Arab: 15 minutes (car)

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Travel times from Myrtle

Al Maktoum International Airport: 50 minutes (car)
Burj Al Arab: 15 minutes (car)
City Walk Mall: 10 minutes (car)
Dubai International Airport: 15 minutes (car)
Dubai Marina: 20 minutes (car)
La Mer Beach: 15 minutes (car)
Palm Jumeirah: 20 minutes (car)

About Meraas

Meraas has an impressive portfolio of off-plan real estate projects in Dubai, ranging from residential high-rises to mixed-use developments incorporating retail and entertainment. These projects are located in some of the city's most sought-after areas, such as Downtown Dubai, Jumeirah, and along the coastline. An example is the recently announced project at Dubai Harbour, where luxury sea-view apartments are offered from AED 1.2 million.

Investing off-plan with Meraas offers the opportunity to enter the market early, often at more favourable terms than for completed properties. The full overview of available projects can be found on this page, including specifications such as unit sizes from 60 m2 to 300 m2 and payment plans.

All projects by Meraas

Meraas · City Walk

Multilingual agents in Dubai
All agents are DLD registered and hold a RERA license
Complete support throughout the purchase process
No commission, the developer pays the agent's fee
Flexible payment plan with 0% interest
0% tax on rental income

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All agents are officially registered with the Dubai Land Department (DLD). Every agent can provide a verifiable RERA or ORN number.

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.