Median registered annual rent in Wasl 1 by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.

Apartments: median AED 139,966 a year across 634 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

1 bed

AED 105,000

new AED 104,000 · renewal AED 105,000

−0.9% vs a year ago · new lettings −5.5%

AED 94,658 – AED 112,000

middle half · 236 contracts

5.9%

2 bed

AED 150,000

new AED 150,000 · renewal AED 150,000

−1.3% vs a year ago · new lettings −3.2%

AED 140,000 – AED 160,000

middle half · 361 contracts

5.3%

3 bed

AED 220,000

new AED 220,000 · renewal AED 208,500

−3.5% vs a year ago

AED 197,500 – AED 238,500

middle half · 31 contracts

—

40% of these contracts are renewals; 93% run the standard 12 months.

Rent or buy? The arithmetic

For 2-bed apartments: the median registered sale price is AED 2,825,000, which is 18.8 years of the median registered rent (AED 150,000 a year). Buying needs about AED 678,000 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 4.5 years of that rent.

Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →

Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →

Getting around

Stations and malls around homes in Wasl 1

The nearest open Metro station (and Tram stop, where one is close), shopping mall and landmark, under their current names, measured on the map as a straight line; the route on foot or by road is longer. The parking share is the Dubai Land Department's own record.

Nearest Metro

Max

Red Line · formerly Al Jafiliya · 0.4 km straight-line from the community's centre

Nearest mall

Wafi Mall

2.4 km straight-line from the community's centre

Nearest landmark

Zabeel Park

0.5 km straight-line from the community's centre

Parking

100%

of 359 registered sales came with parking

Two different markets

Off-plan vs ready

Median off-plan launch price vs ready resale price in Wasl 1, per bedroom - two different kinds of registered price, kept entirely separate from the sale-price stats above.

1 bed: launch AED 2,301/sqft vs resale AED 1,948/sqft (+18%)
2 bed: launch AED 2,060/sqft vs resale AED 1,912/sqft (+8%)
3 bed: launch AED 2,153/sqft vs resale AED 2,449/sqft (-12%)

All off-plan projects in Wasl 1 →

All 6 buildings in Wasl 1 with registered sales

1 Residences - 1 1 Residences - 2 Park Gate Residences 1 Park Gate Residences 2 Park Gate Residences 3 Park Gate Residences 4

Compare them by price per sqft →