Developer · #21 by 12M value
Wasl Properties
Market bulletin · Thu, 22 Oct 2026
Wasl Properties: median AED 1,746/sqft, flat over three months on 321 sales
Wasl Properties recorded 81 sales worth AED 378M in the 30 days to Thu, 22 Oct 2026, down 12.9% on the previous 30 days. Over the last week 27 sales were registered (AED 134M), against 15 the week before.
The median sale over the last three months was AED 2.20M, or AED 1,746/sqft — like-for-like prices per sqft flat on the previous three months. Monthly medians over the past year ranged from AED 1,710/sqft to AED 1,748/sqft.
By market over 12 months: developer off-plan sales 89.8%, off-plan resales 5.6%, secondary (ready) sales 4.7%. Off-plan resales traded at a median 15.9% discount to developer prices per sqft.
Wasl Properties registered 576 sales worth AED 2.57B in 12 months across 5 communities, ranking #21 among Dubai developers by value. Its most active project was The Next Chapter Cedarwood Estates (57 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,892 |
| Sept 26 | AED 1,733 |
| Aug 26 | AED 1,710 |
| Jul 26 | AED 1,748 |
| Jun 26 | AED 1,721 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 51 | 3 | 7 |
| Sept 26 | 70 | 6 | 7 |
| Aug 26 | 105 | 9 | 4 |
| Jul 26 | 129 | 9 | 6 |
| Jun 26 | 162 | 5 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 81 | down 12.9% | AED 378M | 1,793 | up 2.3% |
| Last 3 months | 321 | up 25.9% | AED 1.41B | 1,746 | up 0.8% |
| Last 6 months | 576 | — | AED 2.57B | 1,736 | — |
| Last 12 months | 576 | — | AED 2.57B | 1,736 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 517 | 90% | AED 2.17M | 1,736 | — |
| Off-plan resale | 32 | 6% | AED 1.69M | 1,460 | — |
| Secondary (ready) | 27 | 5% | AED 2.75M | 1,859 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 21 | 4% | AED 739K | 1,661 | — |
| 1 bedroom | 158 | 27% | AED 1.45M | 1,714 | — |
| 2 bedrooms | 251 | 44% | AED 2.21M | 1,689 | — |
| 3 bedrooms | 63 | 11% | AED 3.18M | 1,736 | — |
| 4 bedrooms | 37 | 6% | AED 12.9M | 2,117 | — |
| 5+ bedrooms | 46 | 8% | AED 24.8M | 2,725 | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 490 | 85% | AED 2.03M | 1,705 | — |
| Villas | 75 | 13% | AED 18.1M | 2,426 | — |
| Townhouses | 11 | 2% | AED 5.97M | 1,736 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 235 | 41% | AED 1.48M | 1,650 | — |
| AED 2M–10M | 266 | 46% | AED 2.35M | 1,747 | — |
| AED 10M–50M | 75 | 13% | AED 18.1M | 2,464 | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| The Next Chapter Cedarwood EstatesJumeirah Golf Estates | 57 | 2,518 | down 0.7% |
| The Next Chapter Ashwood EstatesJumeirah Golf Estates | 114 | 2,099 | — |
| Boulevard Park 2 - D1Wasl Gate | 67 | 1,719 | down 0.9% |
| Boulevard Park 2 - C1Wasl Gate | 53 | 1,666 | down 5.9% |
| Boulevard Park 2 - E1Wasl Gate | 57 | 1,681 | up 0.2% |
| Boulevard Park 2 - E2Wasl Gate | 39 | 1,661 | down 0.9% |
| Boulevard Park 1 - A2Wasl Gate | 38 | 1,754 | up 3.5% |
| Boulevard Park 1 - B1Wasl Gate | 27 | 1,764 | — |
| Boulevard Park 1 - B2Wasl Gate | 29 | 1,708 | — |
| The Next Chapter Pinewood VillageJumeirah Golf Estates | 60 | — | — |
| Boulevard Park 1 - A1Wasl Gate | 23 | 1,801 | — |
| Avenue Park 2Al Kifaf | 51 | 2,269 | — |
| South Garden EWasl Gate | 25 | 1,471 | — |
| Park Views Residences BAl Kifaf | 29 | 1,986 | — |
| Avenue Park 1Al Kifaf | 77 | 2,250 | — |
Where Wasl Properties sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Jumeirah Golf Estates | 82 | 2,338 | 59.6% |
| Wasl Gate | 411 | 1,685 | 30.8% |
| Al Kifaf | 75 | 2,142 | 8.3% |
| Jebel Ali First | 6 | 1,406 | 0.7% |
| Business Bay | 2 | — | 0.6% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 39.8M | 5+ BR Villa · 9,178 sqftThe Next Chapter Ashwood Estates · Jumeirah Golf Estates | 26 Aug |
| AED 34.3M | 5+ BR Villa · 9,214 sqftThe Next Chapter Cedarwood Estates · Jumeirah Golf Estates | 26 Aug |
| AED 33.2M | 5+ BR Villa · 9,214 sqftThe Next Chapter Cedarwood Estates · Jumeirah Golf Estates | 13 Oct |
| AED 32.0M | 5+ BR Villa · 9,178 sqftThe Next Chapter Ashwood Estates · Jumeirah Golf Estates | 9 Oct |
| AED 28.1M | 5+ BR Villa · 9,212 sqftJumeirah Golf Estates | 3 Sept |
| AED 27.3M | 5+ BR Villa · 9,214 sqftThe Next Chapter Cedarwood Estates · Jumeirah Golf Estates | 26 Aug |
Questions about Wasl Properties
What is the average price per sqft in Wasl Properties?
The median sale price in Wasl Properties over the last three months was AED 1,746 per sqft (median sale AED 2.20M), based on 321 sales registered with Dubai Land Department.
How many properties were sold in Wasl Properties in the last year?
576 sales worth AED 2.57B were registered in the last 12 months: 90% developer off-plan, 6% off-plan resales and 5% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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