Market bulletin · Thu, 22 Oct 2026
1 Residences by Wasl Tower 1: 3 sales worth AED 6.23M in 30 days
1 Residences by Wasl Tower 1 recorded 3 sales worth AED 6.23M in the 30 days to Thu, 22 Oct 2026, up 50.0% on the previous 30 days. Over the last week 1 sale was registered (AED 2.60M), against 0 the week before.
The median sale over the last three months was AED 2.60M, or AED 2,028/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Al Kifaf, 1 Residences by Wasl Tower 1 ranked #4 of 11 leading projects by 12-month sales value; it is developed by Al Wasl Properties.
Leases registered in the last three months had a median annual rent of AED 135K. The best gross yield is on 1 BR apartments at about 5.8%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 2,106 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 2,112 |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 1,921 |
| Apr 25 | AED 2,098 |
| Mar 25 | AED 2,253 |
| Feb 25 | — |
| Jan 25 | AED 1,447 |
| Dec 24 | AED 1,763 |
| Nov 24 | AED 1,953 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 3 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 4 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 5 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 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 | 3 | up 50.0% | AED 6.23M | — | — |
| Last 3 months | 6 | up 200.0% | AED 16.1M | 2,028 | — |
| Last 6 months | 8 | down 55.6% | AED 20.2M | 1,904 | down 10.7% |
| Last 12 months | 26 | down 68.3% | AED 71.4M | 2,109 | up 9.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 26 | 100% | AED 2.76M | 2,109 | up 9.3% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 8 | 31% | AED 1.71M | 1,863 | down 2.7% |
| 2 bedrooms | 14 | 54% | AED 2.81M | 2,132 | up 14.9% |
| 3 bedrooms | 4 | 15% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 7 | 27% | AED 1.69M | 1,832 | up 25.0% |
| AED 2M–10M | 19 | 73% | AED 3.00M | 2,165 | up 5.6% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 137K |
| Sept 26 | AED 142K |
| Aug 26 | AED 125K |
| Jul 26 | AED 120K |
| Jun 26 | AED 99K |
| May 26 | AED 108K |
| Apr 26 | — |
| Mar 26 | AED 100K |
| Feb 26 | — |
| Jan 26 | AED 125K |
| Dec 25 | AED 117K |
| Nov 25 | AED 100K |
| Oct 25 | AED 145K |
| Sept 25 | AED 142K |
| Aug 25 | AED 150K |
| Jul 25 | AED 115K |
| Jun 25 | — |
| May 25 | AED 108K |
| Apr 25 | AED 155K |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 123K |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 202
- New leases
- 55%
- Median rent 3M
- AED 135K
- Rent/sqft 3M
- AED 103
| 1 BR apartments | AED 100K / AED 1.71M | 5.8% |
|---|---|---|
| 2 BR apartments | AED 150K / AED 2.81M | 5.3% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 79 | AED 100K | AED 100K | 108 |
| 2 BR | 76 | AED 150K | AED 150K | 104 |
Competing projects in Al Kifaf
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Avenue Park 1Al Wasl Properties | 77 | 2,250 | — |
| Avenue Park 2Al Wasl Properties | 51 | 2,269 | — |
| Park Views Residences BAl Wasl Properties | 29 | 1,986 | — |
| Park Views Residences at Wasl 1Al Wasl Properties | 25 | 2,086 | — |
| Avenue Park Towers II | 21 | 2,298 | — |
| 1 Residences by Wasl Tower 2Al Wasl Properties | 19 | 1,949 | — |
| Park Gate Residences 4Al Wasl Properties | 11 | 1,800 | — |
| Avenue Park Towers 2 - Tower AWasl Properties | 8 | 2,267 | — |
| Park Gate Residences 3Al Wasl Properties | 7 | 1,934 | — |
| Park Gate Residences 2Al Wasl Properties | 7 | 1,823 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 3.65M | 3 BR Apartment · 1,693 sqft1 Residences by Wasl Tower 1 · Al Kifaf | 10 Aug |
| AED 3.60M | 2 BR Apartment · 1,491 sqft1 Residences by Wasl Tower 1 · Al Kifaf | 10 Sept |
| AED 2.60M | 2 BR Apartment · 1,546 sqft1 Residences by Wasl Tower 1 · Al Kifaf | 16 Sept |
| AED 2.60M | 2 BR Apartment · 1,368 sqft1 Residences by Wasl Tower 1 · Al Kifaf | 21 Oct |
| AED 2.00M | 1 BR Apartment · 924 sqft1 Residences by Wasl Tower 1 · Al Kifaf | 8 Oct |
| AED 1.63M | 1 BR Apartment · 934 sqft1 Residences by Wasl Tower 1 · Al Kifaf | 8 Oct |
Questions about 1 Residences by Wasl Tower 1
What is the average price per sqft in 1 Residences by Wasl Tower 1?
The median sale price in 1 Residences by Wasl Tower 1 over the last three months was AED 2,028 per sqft (median sale AED 2.60M), based on 6 sales registered with Dubai Land Department.
How many properties were sold in 1 Residences by Wasl Tower 1 in the last year?
26 sales worth AED 71.4M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in 1 Residences by Wasl Tower 1?
The median annual rent on leases registered in the last three months was AED 135K, and the best gross rental yield is about 5.8%.
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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