Wasl 1
Property prices & trends - sales and rental analytics for Wasl 1, Dubai, from official Dubai Land Department records - data through September 2026.
AED 2.7MMedian sale pricelast 12 months
The middle value of every sale registered in Wasl 1 over the last 12 months.
Across 303 sales, half traded for less and half for more; the median is robust to a few outlier deals.
- Source
- DLD registered sales
- Period
- Last 12 months (through September 2026)
- Formula
- median(sale price), n = 303
AED 2,202/ft²Median price per ft²last 12 months
Median sale price divided by the unit's actual size in square feet.
Computed per transaction as value ÷ registered area, converted at 10.764 ft²/m²; sales without a registered area are excluded from this figure only.
- Source
- DLD sale price + unit area
- Period
- Last 12 months
- Formula
- median(price ÷ area)
303Sales, last 12 monthsAED 877.1M total
Every sale registered over the trailing 12 months, with combined value.
303 registered transactions summing to AED 877.1M; mortgages and gifts are excluded.
- Source
- DLD sales register
- Period
- Last 12 months
- Formula
- count = 303 · Σ value = AED 877.1M
-0.8%12-month trendmedian price vs a year ago
Change in median sale price, latest three months versus the same three months a year earlier.
A 3-vs-3 window cancels seasonal noise so a quiet August doesn't look like a market crash.
- Source
- DLD monthly medians
- Period
- Jul 2026, Aug 2026, Sep 2026 vs Jul 2025, Aug 2025, Sep 2025, Oct 2025, Nov 2025, Dec 2025, Jan 2026, Feb 2026, Mar 2026, Apr 2026, May 2026, Jun 2026
- Formula
- (latest 3m median − prior 3m median) / prior 3m median
Median price / ft² & sales volume
Sale vs rent mix
- Sales: 304 (39%)
- Rental contracts: 470 (61%)
Transaction counts over each series' last 12 months of data.
Ready vs off-plan
- Off-plan: 206 (68%)
- Ready: 98 (32%)
Sales by registration type, last 12 months.
By property type
| Type | Sales 12m | Median price | Median AED/ft² |
|---|---|---|---|
| Apartments | 304 | AED 2.7M | AED 2,170/ft² |
Median annual rent & contract volume
- AED 137.2K/year
- Median annual rent
- last 12 months
- AED 107/ft²
- Median annual rent per ft²
- annual rent, last 12 months
- 470
- Rental contracts, last 12 months
- registered Ejari contracts
Figures are registered Ejari rental contracts; rent values are annual.
Notable buildings in Wasl 1
- Avenue Park Towers - A83 sales · 12m
- Avenue Park Towers - B57 sales · 12m
- Park Views Residences A34 sales · 12m
- Park Views Residences B31 sales · 12m
- 1 Residences - 130 sales · 12m
- 1 Residences - 222 sales · 12m
- PARK GATE RESIDENCES 414 sales · 12m
- PARK GATE RESIDENCES 211 sales · 12m
- PARK GATE RESIDENCES 311 sales · 12m
- PARK GATE RESIDENCES 16 sales · 12m
Recent transactions
| Date | Type | Rooms | Building | Price | AED/ft² |
|---|---|---|---|---|---|
| 10 Sep 2026 | Apartment | 3 B/R | 1 Residences - 1 | AED 5,350,002 | AED 2,743/ft² |
| 10 Sep 2026 | Apartment | 2 B/R | 1 Residences - 1 | AED 3,600,000 | AED 2,415/ft² |
| 4 Sep 2026 | Apartment | 2 B/R | Avenue Park Towers - B | AED 2,815,777 | AED 2,450/ft² |
| 3 Sep 2026 | Apartment | 2 B/R | 1 Residences - 2 | AED 2,900,000 | AED 2,278/ft² |
| 3 Sep 2026 | Apartment | 1 B/R | Avenue Park Towers - A | AED 2,035,777 | AED 2,506/ft² |
| 1 Sep 2026 | Apartment | 2 B/R | PARK GATE RESIDENCES 2 | AED 2,800,000 | AED 1,716/ft² |
| 25 Aug 2026 | Apartment | 1 B/R | Park Views Residences B | AED 1,709,777 | AED 2,381/ft² |
| 21 Aug 2026 | Apartment | 1 B/R | PARK GATE RESIDENCES 2 | AED 2,200,000 | AED 2,213/ft² |
| 21 Aug 2026 | Apartment | 3 B/R | Avenue Park Towers - B | AED 4,101,777 | AED 2,351/ft² |
| 21 Aug 2026 | Apartment | 3 B/R | Avenue Park Towers - B | AED 4,149,777 | AED 2,379/ft² |
Location
Frequently asked questions - Wasl 1
- What is the median property price in Wasl 1?
- The median sale price in Wasl 1 over the last 12 months is AED 2.7M, based on 303 recorded sales in official Dubai Land Department data.
- How much is property per square foot in Wasl 1?
- The median sale price in Wasl 1 is about AED 2,202 per square foot (last 12 months).
- Are property prices in Wasl 1 rising or falling?
- Median sale prices in Wasl 1 are down 0.8% comparing the latest three months with the same three months a year earlier.
- How many properties were sold in Wasl 1 last year?
- 303 sales were recorded in Wasl 1 over the last 12 months of Dubai Land Department data, totalling AED 877.1M.