Central Park Plaza — the final phase of Central Park at City Walk

• Developer — Meraas (Dubai Holding Real Estate member) (high) ^[1]
• Contract — main construction works worth more than AED 450 million, awarded to Naresco Contracting LLC (high) ^[1]
• Buildings — Tower A rises to 23 floors, Tower B to 20 floors (high) ^[1]
• Homes — a total of 212 one-, two-, three- and four-bedroom apartments, plus spacious four-bedroom townhouses and exclusive penthouses (high) ^[1]
• Positioning — described by Meraas as the final addition to Central Park at City Walk and its most premium phase of apartments (high) ^[1]
• Handover — slated for Q3 2027; a stated target, not a promise enforceable by buyers (med) ^[1]
• Not in the announcement — prices, instalment split, RERA registration, escrow account, service charges (unknown)

Portal listings advertise entry figures for Plaza; none could be checked against a developer price list, so this page carries no price at all rather than an unverified one. ^[2]

The "final addition" wording matters more than the marketing gloss around it. Earlier Central Park buildings such as Viridian and Myrtle already show as complete on City Walk's building index, so a Plaza buyer enters a functioning neighbourhood inside Al Wasl rather than waiting for a district to materialise around a construction site. ^[2]

The flip side of a closing phase is its pricing logic: Meraas itself bills Plaza as the most premium phase of Central Park apartments, so the risk discount you might expect from early-phase off-plan is unlikely to be on the table. ^[1] Weigh the new-build premium against completed Central Park resale stock, where finishes, service levels and running costs are observable today rather than promised.

The published amenity slate is long — pools and water play areas, a running track, a dog park, tennis and squash courts, half-court basketball, an outdoor gym, spa and sauna, a nursery, dining and retail. ^[1] Read it as a design specification; which items become contractual deliverables is a question for the SPA exhibits.

Meraas published the Q3 2027 handover in the same breath as the AED 450 million-plus contract award to Naresco. ^[1] A date announced alongside a signed main-works contractor is materially firmer than a brochure timeline — mobilisation money is committed and a delivery obligation exists between developer and builder. It still is not a date the buyer can enforce. Model at least a quarter or two of slippage beyond Q3 2027 in your cash planning, and reverify site progress before each large instalment. ^[1]

No payment schedule appears in the primary source, so none is repeated here. Ask Meraas for the SPA instalment table in writing, and check whether instalments are pegged to construction milestones or to calendar dates — the difference decides who carries delay risk.

None of the items below appear in the public record this page relies on; each is a required check, not a formality.

1. A dated price list naming your exact unit — portal "from" figures for Plaza are deliberately excluded here as unverified.
2. The SPA payment schedule, and whether the Q3 2027 target is restated in it for your specific unit. ^[1]
3. The RERA project registration number and the escrow account that will receive your payments.
4. Which announced amenities are contractual deliverables, and the projected service charge per square foot.
5. Written confirmation of tower, floor, aspect and net area — value inside a 23-floor and a 20-floor tower is position-driven. ^[1]
6. A resale benchmark against a completed Central Park building before accepting the premium-phase price.