1 Residences, Wasl 1: sale prices and transactions
1 Residences is a project registered with the Dubai Land Department (project no. 2368) in Wasl 1. Since October 2022, 892 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 59 sales closed at a median AED 21,713 per m² (AED 2,017 per sq ft).
- AED 21,713median price per m²
- AED 2,017median price per sq ft
- 892sales since 2022
- 59sales in 12 months
- -4.5%change year on year
Its price per m² is 8.4% below the Wasl 1 median (AED 23,706/m²). 100% of sales are completed homes: an established project with a resale track record.
1 Residences prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 16 | AED 1,740,000 | 86 m² |
| Apartment · 2 bedrooms | 27 | AED 2,800,000 | 138 m² |
| Apartment · 3 bedrooms | 16 | AED 4,462,614 | 171 m² |
1 Residences price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 187 | AED 18,174 | AED 1,688 | — |
| 2023 | 449 | AED 18,860 | AED 1,752 | +3.8% |
| 2024 | 117 | AED 22,134 | AED 2,056 | +17.4% |
| 2025 | 93 | AED 23,024 | AED 2,139 | +4% |
| 2026 (to mid-October) | 46 | AED 22,190 | AED 2,062 | -3.6% |
1 Residences rents
356 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 5.9%, 2 bedrooms 5.4%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 174 | AED 103,500 | 95,000 – 112,000 | AED 105,000 |
| Apartment · 2 bedrooms | 176 | AED 150,000 | 140,000 – 160,000 | AED 150,000 |
| Apartment · 3 bedrooms | 6 | AED 235,000 | — | — |
Buildings recorded in sales
- 1 Residences - 1
- 1 Residences - 2
Location
- Nearest metro: Al Jafiliya Metro Station
- Shopping mall: Dubai Mall
- Landmark: Burj Khalifa
Neighbouring projects in Wasl 1
Same price per m² elsewhere in Dubai
- Las Casas, Jumeirah Village Circle — AED 21,696/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 25, Mohammed Bin Rashid Al Maktoum City District One — AED 21,726/m²
- Meriden Beach by Green Horizon, Palm Deira — AED 21,694/m²
- Azizi Riviera 29, Meydan One Community — AED 21,731/m²
Other projects in Wasl 1
- Park Views Residences B — AED 21,990/m²
- Park Gate Residences — AED 20,663/m²
- Park Views Residences A — AED 23,165/m²
- Avenue Park Towers — AED 24,995/m²
Wasl 1 property prices · Wasl 1 rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at 1 Residences?
Over the last 12 months the median is AED 2,017 per sq ft (AED 21,713 per m²) across 59 DLD sales.
How much is a 1 bedroom at 1 Residences?
Median sale price AED 1,740,000 for a median 86 m², across 16 sales over the last 12 months.
How many sales have been registered at 1 Residences?
892 residential sales registered with the DLD between October 2022 and October 2026, 0% of them off-plan.
Where is 1 Residences?
In Wasl 1 (DLD area Al Kifaf), Dubai; nearest metro station per the DLD: Al Jafiliya Metro Station.
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.