Wasl Gate
ZoneIQ Score · Preview · 4 of 6 factorsWeak on today's numbers. In Wasl Gate, the median home sold for AED 1.37M (AED 1,544/sqft, +16.2% in 12 months) across 2,032 sales in the 12 months to Oct 2026. Median rent is AED 77,554 a year: 7.17% gross yield, 4.80% net (estimated). 2,192 new units are due within 24 months.
Source: DLD open data · Information, not financial advice. Not an official DLD product.
Prices per sqft rose 16.2% in 12 months.
2,192 new homes are due in the next 24 months, more than most scored areas. Rents may soften as they hand over.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 2,032 sales, 472 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
- 2,032 sales, 472 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
- 2,032 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
- 472 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
- 2,032 sales
- Period
- 12 months to 22 October 2026
- How
- A count of registered records.
Price per sqft, 5 years
Why 58
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 |
|---|---|---|---|
| Studio | – | 1,601 | 375 |
| 1 bed | – | 1,541 | 738 |
| 2 bed | AED 1.07M | 1,454 | 770 |
| 3 bed | – | 1,567 | 125 |
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 |
|---|---|---|---|
| 2 bed | AED 77K | 7.17% | 4.80% |
Median annual rent from Ejari contracts in the last 12 months. Net yield is after service charge and buying costs.
New supply, next 24 months
2,192 unitsHandovers peak in 2028 Q2.
Developers with projects here
- Jag Development: 2,389 units in 5 projects
- Pantheon Elysee Real Estate Development: 416 units in 1 projects
- Continental Investments Lmd: 379 units in 1 projects
- Sunrise Capital Real Estate Development: 275 units in 1 projects
Who Wasl Gate suits, on the numbers
- Buyers watching prices: price per sqft rose 16.2% in 12 months. Past change, not a forecast.
- Off-plan buyers: 96% of sales are off-plan, across 9 projects under construction.
Rules applied to the data above. Not advice.
Off-plan here
Off-planBuildings and projects in Wasl Gate
| Project | Developer | Status | Median price | Price / sqft | Sales |
|---|---|---|---|---|---|
| Boulevard Park 2 | Jag Development | 0% | AED 1.99M | 1,700 | 303 |
| Taiyo Residences | Continental Investments Lmd | 12% | AED 1.03M | 1,594 | 298 |
| Hills View At Wasl Gate | Suncrest Hills Property | 9% | AED 711K | 1,467 | 250 |
| South Garden E | Jag Development | 8% | AED 1.53M | 1,420 | 218 |
| South Garden D | Jag Development | 6% | AED 1.63M | 1,486 | 211 |
| Boulevard Park 1 | Jag Development | 0% | AED 2.15M | 1,733 | 198 |
| Bellavion By Sunrise | Sunrise Capital Real Estate Development | 10% | AED 1.16M | 1,416 | 121 |
| Omya Residences | Pantheon Elysee Real Estate Development | 0% | AED 682K | 1,704 | 100 |
| Sola Residences | Sola Residences Real Estate Development | 24% | AED 1.34M | 1,377 | 98 |
| The Nook | Jag Development | Ready | AED 1.05M | 1,434 | 57 |
Living in Wasl Gate
- Metro stations (within 1.5 km)
- Energy (about 1.1 km)
- Supermarkets (within 1.0 km)
- 1
- Named parks (within 1.0 km)
- 0
- 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 Gate | 4.80% | 1,544 |
| Down Town Jabal Ali | 6.65% | 1,660 |
| Discovery Gardens | 5.19% | 999 |
| Al Furjan | 4.97% | 1,400 |
| DMCC Master Community, JLT | 4.99% | 1,619 |
| JLT | 5.02% | 1,707 |
Areas at a similar price compared
Sama Al Jadaf, Al JaddafDubai Health Care City Phase 2Liwan 2Hadaeq MBR District 7Al FurjanJumeirah Garden City
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 Gate homes bought at the median price per sqft, valued at today's median. Price change only, before rent and costs.
| Wasl Gate | Dubai overall | |
|---|---|---|
| Bought in 2019 → 2026 to date | AED 1.68M | AED 1.69M |
| Bought in 2021 → 2026 to date | AED 1.68M | AED 1.61M |
Questions investors ask
Is Wasl Gate a good investment?
ZoneIQ does not give advice, but the numbers are these. Estimated net yield is 4.80%, against a Dubai median of 4.60%. Price per sqft changed +16.2% in 12 months. There were 2,032 sales in 12 months, and 2,192 new units are due within 24 months.
Is Wasl Gate freehold?
Yes, on DLD's register: 6,701 of 6,701 registered units in Wasl Gate 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 Gate?
The median rent in Wasl Gate is AED 77,554 a year, from 472 Ejari contracts in the last 12 months. By unit type: 2-bedroom homes AED 77,000.
How much is a 2-bedroom home in Wasl Gate?
The median ready price is AED 1.07M (AED 1,454 per sqft, about 1,235 sqft), from 770 DLD sales in the last 12 months.
What is the rental yield in Wasl Gate?
The median gross rental yield in Wasl Gate is 7.17%, from 472 Ejari contracts and DLD sales in the last 12 months. After service charges and buying costs, the estimated net yield is 4.80%.
Have property prices gone up in Wasl Gate?
The median price per sqft changed +16.2% in the 12 months to Oct 2026, to AED 1,544. This is past change, not a forecast.
Where is Wasl Gate in Dubai?
In the DLD project registry, Wasl Gate projects sit in the Jabal Ali First land area. The closest areas covered on ZoneIQ are Down Town Jabal Ali and Discovery Gardens.
Get help with Wasl Gate from a RERA-licensed specialist.
Sources: DLD sales (2,032 in the last 12 months) and Ejari rent contracts (472), 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.