Al Wasl property investment guide

Key numbers

Median price

AED 3,057/sqft

Price tier

Luxury

Ownership

Mixed

Maturity

Under construction

Handover

Ready

Metro served

Yes

Commute to downtown

12 min

Projects tracked

47

Market data: recorded sales

Over the 12 months to Sep 2026, Al Wasl recorded 1,623 property sales with a residential median of AED 3,073 per sqft — +4.2% on the previous 12 months.

See how Al Wasl ranks city-wide: price per sqft, sales momentum, price growth.

Median sale price

AED 3,057/sqft

1,526 residential sales, last 4 quarters

Sales, last 12 months

1,623

-25.1% vs the 12 months before

Price change, year on year

+4.2%

residential median AED/sqft

Top-selling projects in Al Wasl

Ranked by registered sales, Oct 2025 – Sep 2026. "Prior year" is the 12 months before that window.

Projects

Build status and unit counts from the Dubai Land Department project register; rows we could not match to a register entry are marked unverified.

Amenities & access

Beach

12 min drive

Metro

10 min

Schools

Nearby

Also nearby

Box Park, Safa Park

Getting around & daily life

Nearest of each, measured to the edge of Al Wasl — not driving distance.

Metro station

Business Bay · 50 m away

Tram stop

Al Sufouh · 11 km away

School

Al Raya Girl's School · within the area

Hospital

MedCare Hospital · 140 m away

Mall

Mazaya Shopping Centre · within the area

Supermarket

Carrefour · 20 m away

Park

Central Park (City Walk) · within the area

Beach

Mandarin Oriental · 950 m away

Golf course

The Track Meydan Golf · 5.6 km away

University

Jumeira University · 3.8 km away

Airport

Dubai International Airport · 11 km away

Locations © OpenStreetMap contributors.

Infrastructure that moves values

• Business Bay Metro Stationoperational · 2010

  Red Line station ~5-min drive from Al Wasl, the closest existing metro access for the area.

• The Galleria Mall (Al Wasl)operational · 2013

  Single-storey mall on Al Wasl Road with brands, dining, an American Hospital clinic, climbing wall and rooftop cinema.

• BoxParkoperational · 2015

  Meraas shipping-container retail and dining strip along Al Wasl Road.

• Dubai Water Canaloperational · 2016

  3.2km canal with waterfront promenades and cycle paths cutting past Safa Park beside Al Wasl.

• City Walkoperational · 2016

  Meraas open-air retail, dining and entertainment district (Green Planet, Roxy Cinemas) close to Al Wasl and a future Gold Line stop.

• Coca-Cola Arenaoperational · 2019

  17,000-seat indoor arena at City Walk hosting concerts and events, a short drive from Al Wasl.

• Wasl Tower (Mandarin Oriental Downtown)operational · 2025

  UNStudio's 302m, 64-storey twisting tower on Sheikh Zayed Road with the world's tallest ceramic facade; completed October 2025 and now home to the Mandarin Oriental Downtown hotel.

• Sheikh Zayed Road (E11)operational

  Dubai's main arterial highway borders Al Wasl, giving fast city-wide connectivity.

• Safa Parkoperational

  One of Dubai's largest and oldest landscaped parks, anchoring the southern edge of Al Wasl beside the Water Canal.

• Horizon English Schooloperational

  Long-established British-curriculum primary school within Al Wasl, a key draw for the family villa community.

• Emirates Hospital Jumeirahoperational

  Multi-specialty private hospital in Jumeirah, the nearest full hospital serving Al Wasl residents.

• Kite Beach / La Meroperational

  Popular Jumeirah seafront destinations (Kite Beach, La Mer) roughly 10-15 minutes from Al Wasl.

• Safa One by DAMAC (de Grisogono)under construction · 2026

  DAMAC's twin supertall towers (60 and 44 floors) on the edge of Safa Park, designed with de Grisogono. Construction began 2022; topped out Q4 2025 with handover scheduled December 2026.

• Safa Two by DAMAC (de Grisogono)under construction · 2027

  An ~83-storey diamond-cut landmark tower on Sheikh Zayed Road opposite Safa One, with a sapphire infinity pool, fog forest and observatory. Handover estimated Q2 2027.

• Al Wasl Road Upgrade (RTA)under construction · 2028

  RTA's April 2026 mega-project widens Al Wasl Road from 2 to 3 lanes each way over 15km, upgrading 7 intersections with 5 tunnels (3.85km) to roughly halve journey times and lift capacity from 8,000 to 12,000 vehicles/hour, plus new walkways, cycle tracks and boulevard plazas.

• Al Safa Street Upgrade (RTA)under construction · 2028

  Part of the same RTA integrated corridor project; widening and bridges/tunnels are set to cut travel time on Al Safa Street from 12 to 3 minutes and double capacity to 12,000 vehicles/hour, easing access between Al Wasl and Sheikh Zayed Road.

• Dubai Metro Gold Line - City Walk Stationapproved · 2032

  The 42km, 18-station Gold Line (approved 2025, opening 9 Sep 2032) runs Al Ghubaiba to Jumeirah Golf Estates with a confirmed stop at City Walk, bringing rail within ~2km of Al Wasl for the first time. Tendering planned for 2026.

• Dubai Metro Gold Line - Business Bay Stationapproved · 2032

  The Gold Line also stops at Business Bay (interchange with the Red Line), adding a second rail corridor serving Al Wasl's eastern edge alongside the existing Red Line by 2032.

Frequently asked questions

How much does property cost in Al Wasl?

Recorded residential sales in Al Wasl over the last four quarters have a median price of AED 3,057 per sqft, across 1,526 transactions. Prices are up +4.2% year on year. Buying costs add roughly 7–10% on top, and net rental yield after service charges typically lands 2–3 percentage points below the gross figure.

What is the nearest metro station to Al Wasl?

Business Bay is the nearest metro station — 50 m away, measured to the edge of Al Wasl.

What are the best-selling projects in Al Wasl?

By registered sales over the last 12 months, the top projects in Al Wasl are Damac City 2 (300 sales), City Walk Crestlane 4 (184 sales), City Walk Crestlane 5 (150 sales).

Can foreigners buy property in Al Wasl?

Al Wasl is mixed, so check the specific project's ownership terms before committing; many nearby Dubai communities offer full freehold ownership to foreigners.

How far is Al Wasl from downtown Dubai?

Al Wasl is roughly 12 minutes from downtown by car, and the area is served by the metro. Upcoming infrastructure: Safa One by DAMAC (de Grisogono), Safa Two by DAMAC (de Grisogono), Al Wasl Road Upgrade (RTA), Al Safa Street Upgrade (RTA), Dubai Metro Gold Line - City Walk Station, Dubai Metro Gold Line - Business Bay Station.

What new projects are selling in Al Wasl?

3 projects are still under construction in Al Wasl, including Amali Residences by DAMAC, City Walk Crestlane 2 by Meraas (from AED 2,611,000), Mr.C Residences Downtown by Alta Real Estate Development (from AED 8,105,000).

Compare with nearby areas