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Ready building · Meraas

Central Park - Building 1, Al Wasl

Highlights

Central Park - Building 1 at a glance

About Central Park - Building 1

Central Park - Building 1 is a mixed-use building in Al Wasl, Dubai, developed by Meraas. It holds about 198 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2024 and has been in use for about 2 years. 12 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 3,011 per sq ft.

Central Park - Building 1 is one of 91 buildings in Al Wasl: 45 are complete and 35 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Wasl, Dubai
  • Developed by Meraas
  • Completed in Q3 2024
  • Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
  • Sizes from 60 to 5,310 sq ft
  • Views: Community View
  • Service charge from AED 20.16 per sq ft
  • Burj Khalifa/Dubai Mall metro station 0.9 km away
Status
Ready
Developer
Meraas
Location
Al Wasl, Dubai
Completed
Q3 2024
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
Prices from
AED 1.4M
Median price per sq ft
AED 3,011
Median gross yield
6.3%
Service charge
AED 23.59 per sq ft (2026)
Nearest metro
City Walk, 0.4 km

Building details

Inside Central Park - Building 1

Properties in Central Park - Building 1

1-bedroom apartments in Central Park - Building 1

There are about 69 of these in Central Park - Building 1, from 940 to 1,710 sq ft. They have recently sold for a median of AED 2.7M, or AED 2,860 per sq ft.

2-bedroom apartments in Central Park - Building 1

There are about 80 of these in Central Park - Building 1, from 1,460 to 2,290 sq ft. They have recently sold for a median of AED 4.3M, or AED 2,920 per sq ft.

3-bedroom apartments in Central Park - Building 1

There are about 27 of these in Central Park - Building 1, from 2,070 to 4,450 sq ft. They have recently sold for a median of AED 7.1M, or AED 3,300 per sq ft. Owners who resold made a median 10% over what they paid.

4-bedroom apartments in Central Park - Building 1

There are about 7 of these in Central Park - Building 1, from 3,510 to 5,310 sq ft. None has sold recently enough to quote a price.

Commercial units in Central Park - Building 1

There are about 15 of these in Central Park - Building 1, from 60 to 1,430 sq ft. None has sold recently enough to quote a price.

Unit types in Central Park - Building 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed69940 sqft87.3 sqmt – 1,710 sqft158.9 sqmtAED 2.7MAED 150K
2 Beds801,460 sqft135.6 sqmt – 2,290 sqft212.7 sqmtAED 4.3MAED 200K
3 Beds272,070 sqft192.3 sqmt – 4,450 sqft413.4 sqmtAED 7.1M–
4 Beds73,510 sqft326.1 sqmt – 5,310 sqft493.3 sqmtNo recent sales–
Commercial1560 sqft5.6 sqmt – 1,430 sqft132.9 sqmtNo recent sales–

Recent transactions in Central Park - Building 1

  • Central Park Building 1, City Walk

    Al Wasl

    AED 3M

    AED 3,181 /sqftAED 34,240 /sqmt

    ReadyApartment
    943 sqft87.6 sqmt1 BedOwner23 Oct 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 5.4M

    AED 3,175 /sqftAED 34,175 /sqmt

    ReadyApartment
    1,685 sqft156.5 sqmt2 BedsOwner20 Oct 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 7.2M

    AED 3,352 /sqftAED 36,081 /sqmt

    ReadyApartment
    2,148 sqft199.6 sqmt3 BedsOwner1 Sept 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 2.6M

    AED 2,728 /sqftAED 29,364 /sqmt

    ReadyApartment
    953 sqft88.5 sqmt1 BedOwner24 Jul 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 3.7M

    AED 2,529 /sqftAED 27,222 /sqmt

    ReadyApartment
    1,477 sqft137.2 sqmt2 BedsOwner10 Jun 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 3.7M

    AED 2,490 /sqftAED 26,802 /sqmt

    ReadyApartment
    1,466 sqft136.2 sqmt2 BedsOwner4 May 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 2.9M

    AED 2,991 /sqftAED 32,195 /sqmt

    ReadyApartment
    953 sqft88.5 sqmt1 BedOwner13 Mar 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 2.5M

    AED 2,214 /sqftAED 23,831 /sqmt

    ReadyApartment
    1,129 sqft104.9 sqmt1 BedOwner14 Jan 2026

  • Central Park Building 1, City Walk

    Al Wasl

    AED 4.2M

    AED 2,815 /sqftAED 30,300 /sqmt

    ReadyApartment
    1,474 sqft136.9 sqmt2 BedsOwner15 Dec 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 5.4M

    AED 3,177 /sqftAED 34,197 /sqmt

    ReadyApartment
    1,684 sqft156.4 sqmt2 BedsOwner15 Dec 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 7M

    AED 3,254 /sqftAED 35,026 /sqmt

    ReadyApartment
    2,151 sqft199.8 sqmt3 BedsOwner11 Nov 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 4.4M

    AED 3,031 /sqftAED 32,625 /sqmt

    ReadyApartment
    1,465 sqft136.1 sqmt2 BedsOwner10 Nov 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 3.2M

    AED 3,383 /sqftAED 36,414 /sqmt

    ReadyApartment
    940 sqft87.3 sqmt1 BedOwner3 Nov 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 4.5M

    AED 3,074 /sqftAED 33,088 /sqmt

    ReadyApartment
    1,464 sqft136 sqmt2 BedsOwner31 Oct 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 2.5M

    AED 2,650 /sqftAED 28,524 /sqmt

    ReadyApartment
    953 sqft88.5 sqmt1 BedOwner9 Sept 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 3M

    AED 3,135 /sqftAED 33,745 /sqmt

    ReadyApartment
    957 sqft88.9 sqmt1 BedOwner22 Aug 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 5.8M

    AED 2,696 /sqftAED 29,020 /sqmt

    ReadyApartment
    2,151 sqft199.8 sqmt3 BedsOwner15 Aug 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 2.8M

    AED 2,918 /sqftAED 31,409 /sqmt

    ReadyApartment
    951 sqft88.4 sqmt1 BedOwner12 Aug 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 2.7M

    AED 2,775 /sqftAED 29,870 /sqmt

    ReadyApartment
    955 sqft88.7 sqmt1 BedOwner29 Jul 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 3.2M

    AED 3,393 /sqftAED 36,522 /sqmt

    ReadyApartment
    943 sqft87.6 sqmt1 BedOwner10 Jul 2025

  • Central Park Building 1, City Walk

    Al Wasl

    AED 150K/yr

    ApartmentNew contract
    1,029 sqft95.6 sqmt1 Bedto

  • Central Park Building 1, City Walk

    Al Wasl

    AED 200K/yr

    ApartmentNew contract
    1,475 sqft137 sqmt2 Bedsto

Every sale in Central Park - Building 1Every rent contract in Central Park - Building 1

Service charges in Central Park - Building 1

The 2026 service charge in Central Park - Building 1 is AED 23.59 per sq ft for homes, AED 20.16 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 560 a year.

Service charges in Central Park - Building 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 23.59940 sqft87.3 sqmt – 1,710 sqft158.9 sqmtAED 22,175 – AED 40,339
2 Beds Apartment (2026)AED 23.591,460 sqft135.6 sqmt – 2,290 sqft212.7 sqmtAED 34,441 – AED 54,021
3 Beds Apartment (2026)AED 23.592,070 sqft192.3 sqmt – 4,450 sqft413.4 sqmtAED 48,831 – AED 104,976
4 Beds Apartment (2026)AED 23.593,510 sqft326.1 sqmt – 5,310 sqft493.3 sqmtAED 82,801 – AED 125,263
Retail (2026)AED 20.1660 sqft5.6 sqmt – 1,430 sqft132.9 sqmtAED 1,210 – AED 28,829

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Central Park - Building 1

Transportation near Central Park - Building 1

The nearest Dubai Metro station from Central Park - Building 1 is Burj Khalifa/Dubai Mall (red line, 0.9 km, about 11 min walk), then Business Bay (red line, 1.4 km, about 5 min drive). Stations planned on new lines nearby include City Walk (golden line, 0.4 km, about 5 min walk) and Business Bay Interchange (golden line, 1.4 km, about 5 min drive).

  • City WalkGolden line · 0.4 km · about 5 min walk
  • Burj Khalifa/Dubai MallRed line · 0.9 km · about 11 min walk
  • Business BayRed line · 1.4 km · about 5 min drive
  • Business Bay InterchangeGolden line · 1.4 km · about 5 min drive
  • Financial CentreRed line · 1.7 km · about 5 min drive
  • Burj Khalifa RoadGolden line · 2 km · about 6 min drive

Shopping and groceries near Central Park - Building 1

The closest is Choitram, The Executive Towers, 1.4 km from Central Park - Building 1 (about 5 min drive).

  • Choitram, The Executive TowersSupermarket · 1.4 km · about 5 min drive
  • Town Centre Shopping MallShopping Mall · 1.5 km · about 5 min drive
  • Bay AvenueShopping Mall · 1.5 km · about 5 min drive
  • Spinneys / Mercato Mall, JumeirahSupermarket · 1.6 km · about 5 min drive
  • Jumeirah Town CenterShopping Mall · 1.6 km · about 5 min drive

Restaurants and hotels near Central Park - Building 1

The closest is Villa Rotana - Dubai, 0.6 km from Central Park - Building 1 (about 7 min walk).

  • Villa Rotana - DubaiHotel · 0.6 km · about 7 min walk
  • Shangri-La Hotel, DubaiHotel · 1.2 km · about 14 min walk
  • Dusit Thani DubaiHotel · 1.3 km · about 5 min drive
  • Number One Tower SuitesHotel · 1.5 km · about 5 min drive
  • Armani Hotel DubaiHotel · 1.5 km · about 5 min drive

Hospitals and clinics near Central Park - Building 1

The closest is Al Amal Hospital, 0.3 km from Central Park - Building 1 (about 4 min walk).

  • Al Amal HospitalHospital · 0.3 km · about 4 min walk
  • Internationl Medical CenterHospital · 1.7 km · about 5 min drive
  • Emirates International HospitalHospital · 2.3 km · about 7 min drive
  • Emirates HospitalHospital · 2.4 km · about 7 min drive
  • Manchester ClinicHospital · 2.5 km · about 7 min drive

Parks and leisure near Central Park - Building 1

The closest is Safa Park, 2.5 km from Central Park - Building 1 (about 7 min drive).

  • Safa ParkPark · 2.5 km · about 7 min drive
  • Jumeirah Beach ParkPark · 2.7 km · about 7 min drive
  • Dubai Bowling CentreSports Academy · 3.3 km · about 9 min drive
  • Al Quoz Pond ParkPark · 4.5 km · about 11 min drive
  • Zabeel ParkPark · 5.3 km · about 13 min drive

Schools near Central Park - Building 1

The nearest is Al Shurooq Private School, 1.1 km away. Ratings are the KHDA's latest inspection grades.

  • Al Shurooq Private SchoolMinistry of Education · KHDA: Good · 1.1 km
  • Japanese SchoolJapanese · KHDA: Good · 1.4 km
  • JSS Private School L.L.CIndian · KHDA: Very good · 1.6 km
  • Jumeira Baccalaureate SchoolInternational Baccalaureate · KHDA: Very good · 1.6 km
  • Horizons English School L.L.CUK · KHDA: Outstanding · 1.9 km
  • Dubai British School MiraUK · KHDA: Not inspected yet · 2.1 km

Other buildings in Al Wasl

Al Wasl has 91 buildings. A few others to compare Central Park - Building 1 with:

All 91 Al Wasl buildings →

Things to consider about Central Park - Building 1

In its favour

  • Burj Khalifa/Dubai Mall metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 10%.
  • A median gross yield of 6.3% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 23.59 per sq ft are on the higher side for Dubai.

Specialists

Brokers who know Central Park - Building 1

These brokers handle sales and lettings in Central Park - Building 1 and can tell you what is available now.

FAQs

Central Park - Building 1: questions answered

Central Park - Building 1 was developed by Meraas in Al Wasl.

Central Park - Building 1 is completed in Q3 2024.

Across its 20 most recent registered sales, Central Park - Building 1 sold for a median of AED 3,011 per sq ft and AED 3.4M per unit.

Recent yearly contracts in Central Park - Building 1 have a median rent of AED 175.0K.

The median gross yield on recently sold units in Central Park - Building 1 is 6.3%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Central Park - Building 1 is AED 23.59 per sq ft a year, as registered with the Dubai Land Department.

Central Park - Building 1 has 1 Bed (940 to 1,710 sq ft), 2 Beds (1,460 to 2,290 sq ft), 3 Beds (2,070 to 4,450 sq ft), 4 Beds (3,510 to 5,310 sq ft), Commercial (60 to 1,430 sq ft).

City Walk is about 0.4 km from Central Park - Building 1.

The nearest schools include Al Shurooq Private School (1.1 km), Japanese School (1.4 km), JSS Private School L.L.C (1.6 km).

Buying, selling or renting in Central Park - Building 1?

A broker who works Al Wasl will tell you what is available and what comparable homes went for.

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