Wasl 1
Park side towers on the Red Line in central Dubai
Community guide
Wasl 1 is a freehold master development by wasl in Al Kifaf, Za'abeel, facing Zabeel Park next to Max Metro Station. It suits professionals and families who want a central, connected home near the World Trade Centre, with two bedroom apartments selling for about AED 2.66M.
Key takeaways
- Rentals outnumber sales in Wasl 1 by almost two to one: 640 leases against 332 sales across our five tracked buildings in the 12 months to September 2026.
- Priced at about AED 1.93M, a Wasl 1 one bedroom earns its owner some AED 105,000 a year in rent, close to 6% gross, with 1 Residences the busiest ready building.
- Avenue Park Towers led the market with 148 off plan sales, and about two thirds of all deals were off plan.
- Max Metro Station on the Red Line is about 200 metres from Park Gate Residences.
- 1 Residences holds a Guinness World Records title for the highest running track on a building, the Sky Track on its 43rd floor.
Wasl 1 is a park side apartment district by wasl Asset Management Group in Al Kifaf, between Sheikh Khalifa bin Zayed Road and Zabeel Park, and it is one of the most central freehold addresses in the city. Max Metro Station on the Red Line is a short walk, the Dubai Frame stands across the park and the World Trade Centre is about 1.4 km away. Park Gate Residences opened in 2020 and 1 Residences in 2022; Park Views Residences and Avenue Park Towers are the current off plan phases. A typical two bedroom sold for about AED 2.66M over the past year and rents for around AED 150,000. Buyers here are mostly office workers, young families and investors who value metro access.
Key facts
- Location
- Al Kifaf, Za'abeel, on Sheikh Khalifa bin Zayed Road beside Zabeel Park
- Master developer
- wasl Asset Management Group
- Property types
- Apartments, duplexes, podium townhouses and penthouses
- Typical 2 bedroom sale price
- AED 2.66M (DLD, 12 months)
- Typical 2 bedroom rent
- AED 150,000 a year, about 5.1% gross
- Tenure
- Freehold master development, open to all nationalities
- Best for
- Metro commuters, DIFC and World Trade Centre workers
Building guides in Wasl 1
Facts, live asking and sold prices, yields and amenities for each tower.
Market data
Wasl 1 prices and rents by bedroom
Dubai Land Department registered sales and Ejari registered rents from 26 Sept 2025 to 25 Sept 2026, across the 5 buildings and communities we track in Wasl 1.
- Sales registered
- 332
- 225 off plan
- Rents registered
- 640
- Typical price per sq ft
- AED 2,150
- Homes listed now
- 551
| Size | Sales | Typical price | AED per sq ft | Typical rent | Gross yield |
|---|---|---|---|---|---|
| 1 bed | 58 | AED 1.9M | 2,199 | AED 105K a year | 6.0% |
| 2 bed | 180 | AED 2.7M | 2,118 | AED 150K a year | 5.1% |
| 3 bed | 92 | AED 4.1M | 2,402 | AED 218K a year | 5.3% |
| 4 bed | 2 | · | · | AED 1.8M a year | · |
What sold here
332 homes changed hands in Wasl 1 over the last 12 months, 68% of them bought off plan.
Most traded: Avenue Park Towers (148, AED 2.7M); 1 Residences (61, AED 2.8M); Park Gate Residences (46, AED 3M)
Top buildings in Wasl 1
| Building | Developer | Completion | Sales, 12 months | Typical price |
|---|---|---|---|---|
| 1 Residences | wasl Asset Management Group | 2022 | 61 | AED 2.8M |
| Park Gate Residences | wasl Asset Management Group | 2020 | 46 | AED 3M |
| Avenue Park Towers | wasl Asset Management Group | off plan | 148 | AED 2.7M |
| Park Views Residences A | wasl Asset Management Group | off plan | 40 | AED 2.5M |
| Park Views Residences B | wasl Asset Management Group | off plan | 37 | AED 2.3M |
Typical figures are medians weighted by the number of deals. Yields are gross: typical rent divided by typical price.
wasl's master plan beside Zabeel Park
wasl, the Dubai government backed property company, planned Wasl 1 as a mixed use quarter on the western edge of Zabeel Park, linking the older districts of Karama and Satwa with the business strip around the World Trade Centre. The developer describes it as a freehold master development, and it is organised in phases around a central landscaped park with offices and retail alongside the homes.
Park Gate Residences came first: four towers of 21 to 27 storeys with 746 homes, completed in November 2020. 1 Residences followed in May 2022 with two 45 storey towers and 753 apartments, topped by the Sky Track, a 335 metre running loop on the 43rd floor. The latest launches are Park Views Residences A and B and Avenue Park Towers, all sold off plan, with Nine Collective also part of the plan.
Metro, park and city centre on the doorstep
Location is the main draw. Residents can walk to the Red Line and into Zabeel Park, and the main business districts are only a few minutes away by car or train.
- •Max Metro Station on the Red Line, formerly Al Jafiliya, is about 0.2 km from Park Gate Residences.
- •Cross the road into Zabeel Park (roughly 300 metres) for jogging paths, lawns and the Dubai Frame, 0.6 km off.
- •Dubai World Trade Centre is about 1.4 km away and DIFC under 3 km.
- •Mohammed Bin Rashid University and the hospitals of Dubai Healthcare City are about 2.8 km from 1 Residences.
- •BurJuman is about 2.5 km away, and a Choithrams supermarket, pharmacy and nursery operate inside Park Gate Residences.
- •Dubai International Airport is about 15 minutes by car.
Wasl 1 sale prices, rents and yields
The numbers here are DLD registered deals in the 12 months to September 2026 across the five Wasl 1 buildings we track. Two bedrooms dominate, with 180 of the 332 sales at a typical AED 2.66M for about 1,170 sq ft. One bedrooms of around 825 sq ft sold for about AED 1.93M, and three bedrooms of about 1,740 sq ft for about AED 4.13M. Across all deals the average was near AED 2,150 per sq ft, and 225 sales were off plan.
Rental activity sits in the two completed projects: 1 Residences registered 362 leases and Park Gate Residences 278. Typical rents were AED 105,000 a year for a one bedroom, AED 150,000 for a two bedroom and about AED 218,000 for a three bedroom, giving gross yields of around 5.1 to 6%. Resale prices in the ready towers were about AED 2.8M at 1 Residences and AED 2.95M at Park Gate. In September 2026 about 550 units were listed for sale or rent.
Why Wasl 1 is in demand
- •A Red Line station within a few minutes' walk of every building.
- •Direct access to Zabeel Park and the Dubai Frame.
- •Short trips to the World Trade Centre, DIFC, Downtown Dubai and the airport.
- •Gross yields of about 5 to 6%, supported by more than 600 leases a year.
- •A single, government backed developer managing the whole district.
Before you decide on Wasl 1
- •Most current supply is off plan, so compare handover dates and payment plans across Park Views and Avenue Park Towers.
- •Sheikh Khalifa bin Zayed Road is a busy route at peak hours; the metro is often the quicker option.
- •Homes are apartments only, apart from a few podium townhouses at Park Gate, so families wanting gardens may prefer villa areas.
- •Construction of the remaining phases will continue for some years, which also means new parks and retail on the way.
Good to know
Wasl 1 questions, answered
Is Wasl 1 a good area to live in?+
Yes, for people who want a central home with excellent transport. Max Metro Station is a few minutes' walk, Zabeel Park is next door and the World Trade Centre is about 1.4 km away. The completed towers include pools, gyms, play areas and a supermarket, and 1 Residences adds a rooftop running track.
How much does a two bedroom cost in Wasl 1?+
DLD records for the 12 months to September 2026 show a typical two bedroom at about AED 2.66M for around 1,170 sq ft. One bedrooms traded near AED 1.93M and three bedrooms near AED 4.13M. Resale homes in the completed towers sat slightly higher, around AED 2.8M at 1 Residences and AED 2.95M at Park Gate Residences.
What is the rent in Wasl 1?+
Ejari data for the past year shows one bedrooms renting for about AED 105,000 a year, two bedrooms for AED 150,000 and three bedrooms for roughly AED 218,000. Almost all leases were in 1 Residences and Park Gate Residences, which registered 640 between them. Gross yields worked out at about 5.1 to 6%.
Can foreigners buy property in Wasl 1?+
Yes. wasl markets Wasl 1 as a freehold master development, so buyers of any nationality can own apartments outright and register a title deed with the Dubai Land Department. New phases such as Avenue Park Towers and Park Views Residences are sold off plan with staged payments.
Which metro station serves Wasl 1?+
Max Metro Station on the Red Line, previously called Al Jafiliya, serves the district. It is about 200 metres from Park Gate Residences and about 400 metres from 1 Residences. From there the Red Line runs to the World Trade Centre, Downtown Dubai and Dubai Marina in one direction and to the airport in the other.
Is Wasl 1 a good investment?+
Rental demand is deep, with 640 leases registered in a year across the two completed projects. One bedrooms return about 6% gross and two bedrooms about 5.1%. Its government backed developer, park setting and Red Line access support long term demand from tenants working in DIFC and the World Trade Centre.
Buyer guides