Al Wasl property prices: price per sq ft and sales in 2026
Property prices in Al Wasl stand at a median AED 34,150 per m² (AED 3,173 per sq ft) over the last 12 months, based on the 1,377 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an increase of 3.6% on the previous 12 months. Sales reached AED 7.6 billion.
- AED 34,150median price per m²
- AED 3,173median price per sq ft
- 1,377sales in 12 months
- +3.6%change year on year
- 74.7%off-plan share of sales
With a price per m² 84.1% above the Dubai median (AED 18,545/m²), Al Wasl sits among the emirate's most sought-after addresses (#15 of 154 by price per m²). 74.7% of sales are off-plan: the area is driven by developer launches.
Apartment and villa prices in Al Wasl
Median sale price and median size by unit type and bedrooms, DLD sales over the last 12 months.
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 70 | AED 1,309,500 | 37 m² |
| Apartment · 1 bedroom | 537 | AED 2,562,200 | 74 m² |
| Apartment · 2 bedrooms | 464 | AED 4,181,500 | 131 m² |
| Apartment · 3 bedrooms | 243 | AED 7,982,708 | 221 m² |
| Apartment · 4 bedrooms | 37 | AED 16,684,000 | 426 m² |
| Apartment · 5+ bedrooms | 12 | AED 47,000,000 | 966 m² |
Price per m² range in Al Wasl
Half of the sales over the last 12 months closed between AED 30,294 and AED 37,240 per m² (AED 2,814 to 3,460 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Al Wasl price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 145 | AED 17,721 | AED 1,646 | — |
| 2020 | 57 | AED 16,516 | AED 1,534 | -6.8% |
| 2021 | 166 | AED 17,033 | AED 1,582 | +3.1% |
| 2022 | 2,168 | AED 21,857 | AED 2,031 | +28.3% |
| 2023 | 1,359 | AED 25,443 | AED 2,364 | +16.4% |
| 2024 | 1,701 | AED 30,086 | AED 2,795 | +18.2% |
| 2025 | 2,079 | AED 33,556 | AED 3,117 | +11.5% |
| 2026 (to mid-October) | 1,073 | AED 34,407 | AED 3,197 | +2.5% |
Rents and rental yield in Al Wasl
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: 1 bedroom 5.4%, 2 bedrooms 4.8%, 3 bedrooms 3.6%, 4 bedrooms 2.8%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 622 | AED 137,898 | 100,000 – 159,678 | AED 137,000 |
| Apartment · 2 bedrooms | 911 | AED 200,000 | 125,999 – 240,000 | AED 215,000 |
| Apartment · 3 bedrooms | 351 | AED 285,000 | 154,153 – 350,000 | AED 320,000 |
| Apartment · 4 bedrooms | 25 | AED 465,000 | 384,028 – 575,000 | AED 482,407 |
| Villa / townhouse · 3 bedrooms | 56 | AED 179,250 | 132,000 – 196,350 | AED 185,000 |
| Villa / townhouse · 4 bedrooms | 203 | AED 231,000 | 215,539 – 310,000 | AED 325,000 |
Most traded projects in Al Wasl
| Project (DLD name) | Sales 12 months | Median / m² | Off-plan sales |
|---|---|---|---|
| Mr.c Residences Downtown | 32 | AED 42,420 | 100% |
Off-plan projects in Al Wasl
1 Al Wasl project has an off-plan page: developer, progress in the DLD register, prices by unit type and price list.
Getting around Al Wasl
Landmarks most often recorded in the area's DLD transactions:
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Burj Khalifa
Compare with other areas
Areas with a similar price per m²:
- City Walk — AED 34,340/m² · City Walk rents
- Dubai Maritime City — AED 34,403/m² · Dubai Maritime City rents
- Zaabeel Second — AED 33,893/m² · Zaabeel Second rents
- Dubai Water Canal — AED 33,886/m² · Dubai Water Canal rents
- Business Park — AED 33,854/m²
- Madinat Dubai Almelaheyah — AED 33,675/m² · Madinat Dubai Almelaheyah rents
Frequently asked questions
What is the price per square foot in Al Wasl?
The median is AED 3,173 per sq ft (AED 34,150 per m²), across 1,377 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Al Wasl?
A one-bedroom sold for a median AED 2,562,200 (74 m²) and a two-bedroom for AED 4,181,500 (131 m²) over the last 12 months, according to DLD sales.
Are prices rising in Al Wasl?
The median price per m² moved +3.6% between the previous 12 months (AED 32,971/m²) and the last 12 months (AED 34,150/m²).
Off-plan or ready property in Al Wasl?
74.7% of sales over the last 12 months were off-plan and 25.3% were ready homes. Off-plan gives access to developer payment plans; ready homes can be rented out straight away. A Cevitas advisor compares both on your budget.
What rental yield can you expect in Al Wasl?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 5.4% for a 1 bedroom, 4.8% for a 2 bedrooms, 3.6% for a 3 bedrooms, 2.8% for a 4 bedrooms, before service charges and vacancy.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.