
Al Wasl
What apartments in Al Wasl cost, how prices and rents have moved since 2022, every building with its figures, and what it is like to live there. All of it from Dubai Land Department records.
About Al Wasl
Al Wasl is an established residential district in central Dubai, lying between Sheikh Zayed Road and Al Wasl Road, with Downtown Dubai and Business Bay close by. Long known for its older villas, it now has a growing number of new apartment towers. The district has 27 buildings with 2,822 apartments. The first were completed in 2024, and more are due through to 2028. Meraas, H&H Development and DAMAC are among the developers here. DAMAC's two Damac City - Safa One towers are among the largest buildings, along with Verve Tower B and Fern. Business Bay metro station is about 700 m away and the Al Wasl Center mall is about 800 m away. The Al Ittihad Health Center is within walking distance, and the park at Al Safa Community Facility-1 is about 700 m away.
Al Wasl is an apartment district of about 2,822 apartments, built from 2024 onwards. 25 buildings are complete and another two are under construction. A typical building here has about 87 homes; the tallest, Damac City - Safa One Tower A, has 60 floors. The buildings come from seven developers, led by Meraas and H&H Development .
Over the last 12 months 289 apartments changed hands in Al Wasl at a median of AED 3,382 per sqft, up 2.2% on the year before. The typical sale was AED 6.3M for a 1,938 sqft apartment. Two-beds are the largest share of the apartments at 37%, followed by one-beds at 36%; three-beds are 17% and four-beds and larger make up 4%. Rents run at AED 162 per sqft a year, a gross yield of 4.8% at today's prices, below the Dubai-wide 6.0%.
124 rental contracts were registered in the same 12 months, 2% of them renewals, and a typical apartment rents for AED 130,000 a year.
- Buildings
- 25
- Under construction
- 2
- Homes
- about 2,823
- First completions
- 2024
In this guide
Al Wasl, DubaiOpen the map →
Average prices in Al Wasl
In Al Wasl, typical sale prices over the last 12 months were around AED 2.2M for one-beds, AED 4.6M for two-beds, AED 11.2M for three-beds and AED 31M for four-beds and larger. Per square foot the larger homes cost more too: four-beds and larger at about AED 4,126 against AED 2,882 for one-beds. Sales ranged from AED 400,000 to AED 54.4M, and 101 of the 289 were two-beds, the most traded type.
Off-plan sales were 84% of the last 12 months (242 of 289), down from 99% the year before. Buyers paid AED 3,601 per sqft off-plan against AED 3,049 for completed homes, a 18% premium for new stock and payment plans.
| Type | Typical price | Per sqft | 12-mo change | Sales (12 mo) |
|---|---|---|---|---|
| 1-bed | AED 2,212,500 | AED 2,890 | Down 11.7% | 84 |
| 2-bed | AED 4,552,500 | AED 3,291 | Up 6.0% | 101 |
| 3-bed | AED 11,202,868 | AED 4,157 | Up 8.0% | 88 |
| 4-bed+ | AED 31,000,000 | AED 4,126 | Up 9.8% | 15 |
- Off-plan share
- 84% · 243 of 289
- Off-plan /sqft
- AED 3,614
- Completed /sqft
- AED 3,089
Medians of the last 12 months of DLD sales, per type. A change needs ten records in each year.
What is in Al Wasl
About 36% of Al Wasl's apartments are studios and one-beds; even so the typical sale here, 1,938 sqft, is larger than the Dubai median of about 826 sqft. There are no villas or townhouses. The two buildings under construction add about 436 homes, 15% of today's stock, with handovers in 2028.
| Type | Homes | Share | Typical size |
|---|---|---|---|
| 1-bed | 1,002 | 38% | 784–837 sqft |
| 2-bed | 1,044 | 39% | 1,188–1,510 sqft |
| 3-bed | 487 | 18% | 2,148–3,330 sqft |
| 4-bed+ | 114 | 4% | 4,639–9,151 sqft |
- 2028
- 2 buildings436 homes
- Tallest, 60 floors
- Damac City - Safa One Tower A
- Typical building
- 87 homes
- Built in the last 5 years
- 11 buildings
Counted from DLD unit records of 25 completed buildings.
Prices and rents in Al Wasl since 2022
- 1 year
- Up 2.2%
- Since 2022
- Up 59.3%
- 1 year
- Down 19.3%
Al Wasl's first registered sales, in 2022, were at about AED 2,120 per sqft. They have risen in most years since, to AED 3,382 over the last 12 months. The steepest recent climb was in 2024, when the annual median rose 20%. Year on year the annual median has gone up 20% in 2024, up 16% in 2025 and down 1% so far in 2026. The busiest month of the last year was February 2026, with 43 sales registered. On the monthly median of every registered sale, prices are up 2.2% over the last 12 months and up 59.2% on the 2022 level. Rents are down 19.4% over the last 12 months.
What comes next is mostly supply. The two buildings under construction add about 436 homes, 15% of today's stock, with handovers in 2028; on the last 12 months' 289 sales that is about 1.5 years of demand. New homes let before they resell, so a wave of handovers tends to show in the rent line first. The figures on this page refresh monthly, so the charts above will show it as it happens.
The line is the monthly median of every sale and rental contract, smoothed over three months; a month with fewer than ten records sits between its neighbours, and the latest such months are read together. The changes compare 12-month medians: the last 12 months against the 12 before. Source: Dubai Land Department.
Price history in Al Wasl
Every registered sale in Al Wasl in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Al Wasl
- 3-bed · 3,150 sqftOff-planMr. C Residences Downtown 10 Nov 2026AED 12,061,3353,828 /sqft
- 2-bed · 1,174 sqftOff-planVerve Tower B 04 Nov 2026AED 3,412,0002,905 /sqft
- 3-bed · 2,232 sqftOff-planEden House The Park G 28 Oct 2026AED 7,682,0003,441 /sqft
- 3-bed · 2,552 sqftOff-planEden House The Park G 26 Oct 2026AED 9,034,0003,539 /sqft
- 1-bed · 728 sqftCompletedMyrtle at City Walk 23 Oct 2026AED 1,750,0002,402 /sqft
- 1-bed · 792 sqftOff-planCity Walk Crestlane 2 Building A 22 Oct 2026AED 2,873,0003,624 /sqft
- 1-bed · 833 sqftOff-planVerve Tower B 21 Oct 2026AED 2,559,0003,068 /sqft
- 2-bed · 1,102 sqftCompletedViridian At Central Park 19 Oct 2026AED 3,450,0003,129 /sqft
- 1-bed · 839 sqftOff-planDamac City - Safa One Tower B 10 Oct 2026AED 1,873,0002,232 /sqft
- 1-bed · 1,166 sqftOff-planDamac City - Safa One Tower A 09 Oct 2026AED 2,896,3202,482 /sqft
Over the last 12 months Al Wasl recorded 289 sales; typical homes sold for around AED 6.39M (about AED 3,383 per sqft); with a median size of 1,938 sqft; most were 2-beds; from roughly AED 400K to AED 54.44M.
Buildings in Al Wasl
25 completed · 2 under construction| Eden House The Park GBuilding | 64 | AED 3,866 | Up 6.3% | 38 | |||
| Mr. C Residences DowntownBuilding | 2025 | 83 | AED 3,926 | Up 0.9% | 33 | ||
| Myrtle at City WalkBuilding | 2025 | 129 | AED 3,035 | Up 7.8% | AED 148 | 4.9% | 31 |
| Damac City - Safa One Tower BBuilding | 2025 | 285 | AED 2,232 | Up 2.6% | 30 | ||
| FernBuilding | 2026 | 213 | AED 3,000 | Up 8.9% | 23 | ||
| Muraba VeilBuilding | 40 | AED 4,192 | Up 8.1% | 17 | |||
| Viridian At Central ParkBuilding | 2024 | 129 | AED 3,167 | AED 165 | 5.2% | 16 | |
| Damac City - Safa One Tower ABuilding | 2025 | 208 | AED 2,481 | Up 11.6% | 15 | ||
| Eden House The Park DBuilding | 37 | AED 4,325 | Down 7.3% | 14 | |||
| Eden House The Park FBuilding | 33 | AED 4,677 | Down 4.8% | 12 |
The eight busiest buildings account for 203 of Al Wasl's 289 sales in the last 12 months: Eden House The Park G, Mr. C Residences Downtown, Myrtle at City Walk, Damac City - Safa One Tower B and Fern and three more. Buildings completed from 2025 onwards trade at AED 2,232 to 3,941 per sqft; the 2024 to 2024 stock at about AED 3,167. Gross yields run from 4.9% to 5.2% across the buildings with enough sales and lets to measure. The newest are Fern (2026) and Central Park Plaza 2 (2026); the oldest, Viridian At Central Park, handed over in 2024. Every building links to its own page with each unit's sales and rents.
Every building in Al Wasl, A to Z
- Casa Canal AED 5,340
- Cavalli Couture 1 AED 5,098
- Cavalli Couture 2 AED 5,227
- Central Park Plaza 1
- Central Park Plaza 2 AED 3,140
- City Walk Crestlane 2 Building A AED 3,258
- City Walk Crestlane 2 Building B AED 3,582
- City Walk Crestlane 3 Building A AED 3,259
- City Walk Crestlane 3 Building B AED 3,383
- City Walk Northline 1 AED 2,699
- City Walk Northline 2 Building A AED 2,683
- City Walk Northline 2 Building B AED 2,943
- Damac City - Safa One Tower A AED 2,481
- Damac City - Safa One Tower B AED 2,232
- Eden House The Park A AED 4,096
- Eden House The Park D AED 4,325
- Eden House The Park E
- Eden House The Park F AED 4,677
- Eden House The Park G AED 3,866
- Fern AED 3,000
- Mr. C Residences Downtown AED 3,926
- Muraba Veil AED 4,192
- Myrtle at City Walk AED 3,035
- One Canal AED 6,064
- Verve Tower A AED 3,186
- Verve Tower B AED 3,038
- Viridian At Central Park AED 3,167
Rents and yields in Al Wasl
Last 12 months- New contract vs renewal
- −3%
- Renewals
- 2% of 125
124 rental contracts were registered in Al Wasl in the last 12 months, 2% of them renewals. New contracts were signed about 3% below renewals per sqft: the market rate has slipped under what sitting tenants pay. Gross yields run from 5.6% on one-beds to 4.9% on two-beds.
Ejari registrations via Dubai Land Department; yields use the same 12 months of sales.
Who builds in Al Wasl
7 developers- Meraas8 buildingsAED 3,000 /sqft
- H&H Development 5 buildingsAED 4,211 /sqft
- DAMAC2 buildingsAED 5,163 /sqft
- JA Parks 2 buildingsAED 2,357 /sqft
- AHS Canal Development 1 buildingAED 6,064 /sqft
- 2 others2 buildings between themAED 5,340 /sqft
Meraas is the biggest builder in Al Wasl with eight of the 25 completed buildings; H&H Development and DAMAC follow, and 4 other developers share the rest.
Buying or renting in Al Wasl
Buying
Expect a 20% deposit as a UAE resident or 25% as a non-resident on a home under AED 5M, plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. On a typical one-bed at AED 2.2M, that is AED 440,000 down and AED 88,000 in transfer fee. Before offering, check the service charge per sqft on the building page, the registered size against the marketed one, and whether the unit has sold before and at what price.
Renting
A typical one-bed rents for AED 120,000 a year and a two-bed AED 197,500. Increases on renewal are capped by the RERA rental index. Landlords in Dubai usually take one to four cheques and a 5% security deposit, and every contract is registered on Ejari, which is where the figures on this page come from.
Living in Al Wasl
Most of Al Wasl's buildings are small, with a typical 87 homes each; eleven of the 25 were completed in the last five years.
Nearby areas compared
All Dubai areas →| Area | Sale /sqft | 12-mo change | Typical rent | Yield | Buildings |
|---|---|---|---|---|---|
| Al Wasl | AED 3,383 | Up 2.2% | AED 130K | 4.8% | 25 |
| Jumeirah Second | AED 7,002 | Up 9.6% | AED 550K | 3.8% | 9 |
| City Walk | AED 2,675 | Down 0.1% | AED 220K | 5.3% | 36 |
| Business Bay | AED 2,320 | Down 4.6% | AED 90K | 5.1% | 187 |
| Jumeirah Bay Island | AED 7,395 | Down 31.8% | AED 850K | 4.2% | 7 |
| Downtown Dubai | AED 2,770 | Down 3.5% | AED 147K | 5.0% | 104 |
| The Old Town | AED 2,349 | Up 5.7% | AED 130K | 5.0% | 35 |
Al Wasl is about 52% cheaper per square foot than Jumeirah Second, its nearest neighbour, at AED 3,382 against AED 6,977. Jumeirah Bay Island is the most expensive of the areas around it at AED 8,354 per sqft, 147% more. Business Bay is the cheapest nearby at AED 2,332.
Al Wasl in numbers
- Across 289 DLD sales in the 12 months to 9 November 2026, the median price in Al Wasl was AED 3,382 per sqft and the typical apartment sold for about AED 6.3M.
- Prices are up 2.2% on the year and 59.2% since 2022; rents down 19.4% over the same period.
- 25 completed buildings and 2 under construction from 7 developers; about 2,822 homes, 36% of the apartments studios and one-beds.
- Gross yields of 5.6% on one-beds and 4.9% on two-beds.
Source: Dubai Land Department. Updated 10 November 2026.
Questions about Al Wasl
How much does an apartment in Al Wasl cost?
Over the 12 months to 9 November 2026 the median was AED 3,382 per sqft, and one-beds sold for around AED 2.2M, two-beds sold for around AED 4.6M, three-beds sold for around AED 11.2M and four-beds and larger sold for around AED 31M.
Have prices in Al Wasl gone up?
Yes: up 2.2% in the 12 months to 9 November 2026, on the monthly median of every registered sale. Over the whole record they are 59.2% above the 2022 level.
What is the rental yield in Al Wasl?
About 4.8% gross across all types at today's prices: 5.6% on one-beds and 4.9% on two-beds, before service charges.
Which are the most traded buildings in Al Wasl?
Eden House The Park G (38 sales), Mr. C Residences Downtown (32 sales), Myrtle at City Walk (32 sales), Damac City - Safa One Tower B (30 sales) and Fern (23 sales) in the last 12 months.
How many buildings are there in Al Wasl?
25 completed apartment buildings and two under construction, with about 2,822 homes between them. Every one has its own page here.
What does it cost to rent in Al Wasl?
The median contract in the 12 months to 9 November 2026 was AED 130,000 a year: AED 120,000 for one-beds and AED 197,500 for two-beds, across 124 Ejari registrations.
For sale with OpenOffers in Al Wasl
No Al Wasl property is on the board today. Follow Al Wasl to hear the day one is listed, or see what is for sale across Dubai with every offer public.