Wasl 1
ZoneIQ Score · Preview · 4 of 6 factorsWeak on today's numbers. In Wasl 1, the median home sold for AED 2.72M (AED 2,200/sqft, +3.8% in 12 months) across 332 sales in the 12 months to Oct 2026. Median rent is AED 140,000 a year: 5.24% gross yield, 4.31% net (estimated). No new units are due within 24 months.
Source: DLD open data · Information, not financial advice. Not an official DLD product.
Little new supply: few handovers are due in the next 24 months.
Net yield of 4.31% is below the Dubai median of 4.60%.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 332 sales, 627 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Rent minus service charge and 5% for vacancy and management, divided by price plus 6% buying costs.
- Leaves out
- Mortgage interest and tax in your home country.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 332 sales, 627 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Median rent divided by median price.
- Leaves out
- Every cost of owning and buying.
Evidence
- Source
- DLD registered sales
- Sample
- 332 sales
- Period
- 12 months to 22 October 2026
- How
- Median of the registered records, so half were above it.
- Leaves out
- Listings and asking prices.
Evidence
- Source
- Ejari rent contracts
- Sample
- 627 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Median of the registered records, so half were above it.
Evidence
- Source
- DLD registered sales
- Sample
- 332 sales
- Period
- 12 months to 22 October 2026
- How
- A count of registered records.
Price per sqft, 5 years
Why 45
Preview score from 4 of 6 factors. The other factors need data we are still adding.
How the score worksPrices by unit type
Check a deal hereConverted at European Central Bank reference rates of 26 October 2026, through the dirham's fixed US dollar rate (3.6725). Indicative only: your bank's rate will differ.
| Unit | Ready price | Price / sqft | Sales |
|---|---|---|---|
| 1 bed | AED 1.80M | 2,199 | 59 |
| 2 bedGolden Visa level | AED 2.86M | 2,126 | 180 |
| 3 bed | – | 2,365 | 91 |
Median ready prices and DLD sales in the last 12 months.
Rents and yields by unit type
Yield by unit type| Unit | Rent / yr | Gross | Net |
|---|---|---|---|
| 1 bed | AED 105K | 5.83% | 4.51% |
| 2 bed | AED 150K | 5.24% | 4.10% |
Median annual rent from Ejari contracts in the last 12 months. Net yield is after service charge and buying costs.
Rent increase calculator Net vs gross yield, explainedGolden Visa and property, explained
New supply, next 24 months
0 unitsNo registered handovers in the next 24 months.
Developers with projects here
- Park 1: 1,429 units in 2 projects
Who Wasl 1 suits, on the numbers
- Golden Visa buyers: median ready prices for 2-bedroom homes are at the AED 2M level.
- Off-plan buyers: 68% of sales are off-plan, across 1 projects under construction.
Rules applied to the data above. Not advice.
Off-plan here
Off-planBuildings and projects in Wasl 1
| Project | Developer | Status | Median price | Price / sqft | Sales |
|---|---|---|---|---|---|
| Avenue Park Towers | Park 1 | 8% | AED 2.70M | 2,319 | 147 |
| 1 Residences | Park 1 | Ready | AED 2.81M | 2,062 | 60 |
Living in Wasl 1
- Metro stations (within 1.5 km)
- Emirates Towers (about 400 m), World Trade Centre (about 700 m), Financial Centre (about 1.2 km)
- Supermarkets (within 1.0 km)
- 14
- Named parks (within 1.0 km)
- 2
- Beach (within 1.0 km)
- No
Source: OpenStreetMap contributors (ODbL), map data of 15 July 2026. Counts within 1.0 km of the area's centre point; distances are approximate. OSM is volunteer data and can miss places.
Nearby areas compared
Compare with other areas| Area | Net yield | Price / sqft |
|---|---|---|
| Wasl 1 | 4.31% | 2,200 |
| Jumeirah Garden City | 3.57% | 2,295 |
| City Walk | 4.23% | 3,205 |
| La Mer | 4.17% | 2,909 |
| Downtown Dubai | 4.10% | 3,030 |
| Business Bay | 4.27% | 2,367 |
Areas at a similar price compared
La MerDubai Water CanalDubai Creek HarbourPalm DeiraDowntown DubaiBusiness Park
Closest areas with enough sales, by distance between area centres. Similar price: areas with the closest median sale price.
What happened to AED 1M
AED 1,000,000 of Wasl 1 homes bought at the median price per sqft, valued at today's median. Price change only, before rent and costs.
| Wasl 1 | Dubai overall | |
|---|---|---|
| Bought in 2019 → 2026 to date | AED 1.50M | AED 1.69M |
| Bought in 2021 → 2026 to date | AED 1.62M | AED 1.61M |
Questions investors ask
Is Wasl 1 a good investment?
ZoneIQ does not give advice, but the numbers are these. Estimated net yield is 4.31%, against a Dubai median of 4.60%. Price per sqft changed +3.8% in 12 months. There were 332 sales in 12 months, and 0 new units are due within 24 months.
Is Wasl 1 freehold?
Yes, on DLD's register: 4,414 of 4,414 registered units in Wasl 1 are marked freehold. Source: DLD, Registered Freehold Real Estate Units, 13 October 2026. Rules can differ by plot, and in free zones by the zone authority, so check the title deed of a specific unit before you buy.
What is the average rent in Wasl 1?
The median rent in Wasl 1 is AED 140,000 a year, from 627 Ejari contracts in the last 12 months. By unit type: 1-bedroom homes AED 105,000, 2-bedroom homes AED 150,000.
How much is a 2-bedroom home in Wasl 1?
The median ready price is AED 2.86M (AED 2,126 per sqft, about 1,210 sqft), from 180 DLD sales in the last 12 months.
What is the rental yield in Wasl 1?
The median gross rental yield in Wasl 1 is 5.24%, from 627 Ejari contracts and DLD sales in the last 12 months. After service charges and buying costs, the estimated net yield is 4.31%.
Which unit type earns the highest yield in Wasl 1?
1 bed show the highest estimated net yield at 4.51%, with a median ready price of AED 1.80M and a median rent of AED 105,000 a year.
Have property prices gone up in Wasl 1?
The median price per sqft changed +3.8% in the 12 months to Oct 2026, to AED 2,200. This is past change, not a forecast.
Where is Wasl 1 in Dubai?
In the DLD project registry, Wasl 1 projects sit in the Al Kifaf land area. The closest areas covered on ZoneIQ are Jumeirah Garden City and City Walk.
Get help with Wasl 1 from a RERA-licensed specialist.
Sources: DLD sales (332 in the last 12 months) and Ejari rent contracts (627), DLD project registry, via Dubai Data. Data through 22 October 2026. Service charges: DLD Service Charge Index (Mollak) where shown, otherwise a Dubai-wide estimate. Source · Freehold: DLD, Registered Freehold Real Estate Units, 13 October 2026, Data Dubai · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.