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Community in Dubai, DLD district Al Kifaf

Wasl 1

Wasl 1 is in the upper middle of the market: homes sold for a median AED 2,189 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 332 sales in 12 months, 68% of them off-plan. A typical 1-bedroom costs about AED 1.86M and rents for about AED 105K a year, a gross yield of about 5.8%. Prices are up 2.8% on a year earlier and up 27% over three years. 629 leases were registered with Ejari in the past year.

Price per sqft, past year
AED 2,189
+2.8% on a year ago
Sales, past year
332
68% off-plan
Gross yield
5.2%

Prices and rents by bedrooms in Wasl 1

HomeTypical priceSizeRent a yearGross yield
1 bedroomAED 1.86M907 sqftAED 105K5.8%
2 bedroomsAED 2.67M1,210 sqftAED 150K5.2%
3 bedroomsAED 4.08M1,742 sqftAED 220K5.0%

Buildings with the most sales in Wasl 1

  • Avenue Park TowersAED 2,319 per sqftUnder construction, 8% built, 147 sales
  • 1 ResidencesAED 2,062 per sqftFinished, 60 sales

Off-plan projects in Wasl 1

  • Avenue Park Towers8% builtPark 1, due 2028-12

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.