Wasl 1 property prices & market data

Apartment prices, rental yield and trends from 3,506 Dubai Land Department sales.

Data through September 2026 · DLD
Median apartment price
AED 2.93M
Ready · last 12 months
Avg price / sqft · m²
AED 2,021 /sqft
AED 21,754 /m²
Ready apartments · last 12 months
Gross rental yield
5.6%
4.4% net
5-year price growth
—
Ready resale

Residential service charges here typically run AED 22.10/sqft (AED 238/m²) a year (AED 16.50–22.71/sqft, or AED 178–244/m², across 5 tracked buildings) — third-party snapshot from DXB Interact, not DLD. See fees by building →

Live listings · homes here take a median 84 days on market (slow-moving). Sellers cut asking prices 3× more often than they raise them (avg −7%) — a fairly balanced market. Live listings feed · 82 sale listings.
Construction activity · 6 new buildings recorded, 1 with permits delivered (4 certified green buildings) in this area.Dubai Municipality · sample data, not a complete count.

Off-plan vs ready

Apartment price per sqft & m² · last 12 months
Ready
AED 2,021 /sqft
AED 21,754 /m²
Median AED 2.93M
104 sales
Off-plan
AED 2,243 /sqft
AED 24,143 /m²
Median AED 2.90M
225 sales

Median price by bedroom

Ready apartments · last 12 months
Studio—
1 B/RAED 1.83M
2 B/RAED 2.88M
3 B/RAED 4.45M

What sells in Wasl 1

Ready · last 12 months
TypeSalesMedianAED/sqftAED/m²
Unit104AED 2.93M2,02121,754

Who's buying in Wasl 1, and how

Buyer financing, nationality mix and residents

Cash vs mortgage (2026)

32%68%

32% mortgaged · 68% cash (by number of sales)

Financing from DLD mortgage vs sale registrations. Buyer nationality/residents from official buyer & owner records & Dubai Statistics Center — richer than a simple buyer-type tag, but a proxy for who lives there.

Ask dxbpropy.ai about Wasl 1

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Methodology

Figures on this page are computed from official Dubai Land Department sale registrations for Wasl 1, residential transactions only. Off-plan and ready properties are reported separately and never blended into one figure. Sales priced outside AED 50–25,000/sqft, or AED 538–269,098/m² are excluded as data-entry errors. Prices cover the last 12 months of sales to September 2026 (the last 3 years, or all years, where a community has too few recent sales). Rental yield combines DLD sale prices with Ejari-registered rents for the same segment. Data through September 2026. Mortgage financing, gifts, and non-residential usage are excluded throughout.

Wasl 1 — frequently asked

What is the average apartment price in Wasl 1?
The median ready apartment in Wasl 1 sold for about AED 2.93M, roughly AED 2,021/sqft (AED 21,754/m²), over the last 12 months of official Dubai Land Department sales.
What rental yield can I expect in Wasl 1?
Apartments in Wasl 1 yield about 5.6% gross, or roughly 4.4% net after service charges.
Is Wasl 1 better for off-plan or ready property?
Ready apartments trade around AED 2,021/sqft (AED 21,754/m²); off-plan around AED 2,243/sqft (AED 24,143/m²). Ask dxbpropy.ai to compare the two for your budget and bedroom count.
How has Wasl 1 appreciated over time?
5-year appreciation for Wasl 1 is computed from official Dubai Land Department resale transactions; ask dxbpropy.ai for the latest figure.
What's the most common property type in Wasl 1?
Unit is the most-sold property type in Wasl 1, with 104 registered sales at a median of AED 2.93M (AED 2,021/sqft (AED 21,754/m²)).
What's the service charge for a building in Wasl 1?
Residential service charges in Wasl 1 run around AED 22.10/sqft (AED 238/m²) a year (AED 16.50–22.71/sqft, or AED 178–244/m², across 5 tracked buildings), per an independent third-party source. Confirm the exact current rate with the building's owners association before buying.