Wasl Gate property investment guide
Metro-side living at Festival Plaza
Wasl Gate is a mid-market mixed community in Dubai where recorded residential sales have a median price of AED 1,510 per sqft. Ownership is freehold. The nearest metro station is Energy, 90 m away.
A wasl-built community by Energy metro anchored by Festival Plaza and IKEA — mid-rise apartments and townhouses.
Key numbers
- Price tier
- Mid-market
- Ownership
- Freehold
- Maturity
- Planned
- Handover
- Ready · ongoing
- Metro served
- Yes
- Commute to downtown
- 23 min
- Projects tracked
- 21
Market data: recorded sales
Over the 12 months to Jun 2026, Wasl Gate recorded 1,876 property sales with a residential median of AED 1,474 per sqft — +11.7% on the previous 12 months.
See how Wasl Gate ranks city-wide: price per sqft, sales momentum, price growth.
- Median sale price
- AED 1,510/sqft
- 1,637 residential sales, last 4 quarters
- Sales, last 12 months
- 1,876
- +36.4% vs the 12 months before
- Price change, year on year
- +11.7%
- residential median AED/sqft
Monthly figures, last 12 months
| Month | Median AED/sqft | Sales |
|---|---|---|
| Jun 2026 | 1,668 | 269 |
| May 2026 | 1,476 | 115 |
| Apr 2026 | 1,466 | 288 |
| Mar 2026 | 1,472 | 129 |
| Feb 2026 | 1,477 | 230 |
| Jan 2026 | 1,480 | 131 |
| Dec 2025 | 1,480 | 157 |
| Nov 2025 | 1,409 | 121 |
| Oct 2025 | 1,464 | 131 |
| Sep 2025 | 1,361 | 83 |
| Aug 2025 | 1,298 | 191 |
| Jul 2025 | 1,411 | 31 |
Price by bedroom count
| Type | Median price | Median AED/sqft | Sales |
|---|---|---|---|
| Studio | AED 648,351 | 1,686 | 11 |
| 1 bedroom | AED 1,260,000 | 1,631 | 29 |
| 2 bedrooms | AED 2,165,000 | 1,646 | 25 |
| 3 bedrooms | AED 3,103,000 | 1,666 | 6 |
Latest quarter with recorded residential sales; thin sample sizes are excluded.
Top-selling projects in Wasl Gate
Ranked by registered sales, Jul 2025 – Jun 2026. "Prior year" is the 12 months before that window.
| Project | Sales | Prior year | Median AED/sqft |
|---|---|---|---|
| Taiyo Residences | 315 | 36 | 1,591 |
| Hills View at Wasl Gate | 245 | 0 | 1,470 |
| Sola Residences | 210 | 24 | 1,326 |
| South Garden D | 202 | 0 | 1,488 |
| South Garden E | 201 | 0 | 1,417 |
| Bellavion by Sunrise | 146 | 0 | 1,396 |
| Boulevard Park 2 | 143 | 0 | 1,702 |
| Boulevard Park 1 | 71 | 0 | 1,720 |
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.
| Project | Developer | Units | Status | From |
|---|---|---|---|---|
| Boulevard Living 1 | wasl | 195 | Under construction | — |
| Boulevard Living 2 | wasl | 194 | Under construction | — |
| Taiyo Residences | LMD | 379 | Under construction · 5% | AED 595,000 |
| South Garden B | wasl | 258 | Under construction · 8% | AED 619,000 |
| Hills View At Wasl Gate | Suncrest Hills Developers | 350 | Under construction · 4% | AED 639,000 |
| Omya Residences | Pantheon Development | 416 | Under construction | AED 507,000 |
| Sola Residences | Centurion | 260 | Under construction · 9% | AED 676,000 |
| South Garden C | wasl | 258 | Under construction · 8% | AED 564,000 |
| South Garden D | wasl | 256 | Under construction · 0% | AED 673,000 |
| Hillside Residences 2 | wasl | 280 | Under construction · 12% | AED 884,000 |
| South Garden E | wasl | 256 | Under construction · 0% | AED 639,000 |
| Hillside Residences 3 | wasl | 306 | Under construction · 5% | AED 986,000 |
| Boulevard Park 2 | wasl | 555 | Under construction | AED 978,000 |
| Hillside Residences 1 | wasl | 235 | Under construction · 15% | AED 876,000 |
| Bellavion By Sunrise | Sunrise Capital | 275 | Under construction · 10% | AED 752,000 |
| Hammock Park | Divine one group | 252 | Under construction · 76% | AED 628,000 |
| Boulevard Park 1 | wasl | 717 | Under construction | AED 977,000 |
| Gardenia Townhomes Ii | wasl | 46 | Complete | — |
| South Garden A | wasl | 260 | Under construction · 8% | AED 593,000 |
| GardeniaTownHomes @ wasl gate | wasl | 257 | Complete | AED 3,000,000 |
| The Nook | wasl | 605 | Complete | AED 400,000 |
Amenities & access
- Beach
- 15 min drive
- Metro
- Energy stn
- Schools
- Nearby
- Also nearby
- Festival Plaza, IKEA
Getting around & daily life
Nearest of each, measured to the edge of Wasl Gate — not driving distance.
- Metro station
- Energy · 90 m away
- Tram stop
- Jumeirah Beach Residence 2 · 5.3 km away
- School
- Delhi Private School · 1.4 km away
- Hospital
- Cedars Jebel Ali Free Hospital · 1.5 km away
- Mall
- Festival Plaza · within the area
- Supermarket
- Lulu · within the area
- Park
- Dreamz Park 2 · 1.6 km away
- Beach
- 1.6 km away
- Golf course
- Par 3 course and driving range · 6.4 km away
- University
- American University in Dubai · 8.1 km away
- Airport
- Al Maktoum International Airport · 13 km away
Locations © OpenStreetMap contributors.
Infrastructure that moves values
- Ibn Battuta Malloperational · 2005
Large themed shopping mall a 7-12 minute drive away with its own Red Line metro station, supplementing Wasl Gate's in-community Festival Plaza.
- Energy Metro Station (Red Line)operational · 2009
Nearest Dubai Metro stop, on the Red Line along Sheikh Zayed Road, a 3-4 minute drive from most Wasl Gate buildings, giving car-free access to Dubai Marina, JLT and Downtown.
- Jebel Ali Primary School / Ghaf Private Schooloperational · 2018
British-curriculum Jebel Ali Primary (FS-Year 6) ~3 min away and American-curriculum Ghaf Private School (KG-Grade 12) ~4 min away serve the community.
- Festival Plaza Malloperational · 2020
Al-Futtaim retail anchor inside Wasl Gate with 120+ stores and 40+ eateries, including the first IKEA and ACE Hardware south of Dubai Marina, plus a food court and Battle Park entertainment.
- IKEA Festival Plazaoperational · 2020
Roughly 35,000 sqm IKEA store with market hall, restaurant, bakery and children's play area; a flagship draw and the first IKEA in southern Dubai.
- The Nookoperational · 2021
Delivered apartment neighbourhood (studio to 3BR) sized for young professionals and small families, one of the founding Wasl Gate residential clusters.
- Gardenia Townhomesoperational · 2023
Completed 3-4 bedroom townhouse cluster with private gardens within Wasl Gate, aimed at families upgrading from apartments.
- Hillside Residencesoperational · 2025
Wasl Group's newest completed phase: 819 units (1-4BR apartments, duplexes and penthouses) that handed over in early 2025, part of the staged Wasl Gate master plan.
- Central Park at Wasl Gateoperational · 2026
82,700 sqm public green space opened April 2026 with jogging and cycling tracks, sports courts, a skate park, dog park, picnic areas, an amphitheatre lawn and food-truck zones.
- Aster Cedars Hospital, Jebel Alioperational
Full-service multi-specialty hospital about a 10-minute drive away, the closest major hospital serving Wasl Gate residents.
- South Gardens (new phase)under construction · 2027
Wasl Group residential phase whose 2024 launch sold out rapidly; a further phase has since been launched and is under construction, extending the master plan.
- AT85 Residences (Scope Properties)under construction · 2028
Premium development of studios to 3BR podium villas now under construction within Wasl Gate, with handover expected Q2 2028.
- Al Maktoum International Airport expansionunder construction · 2032
AED 128bn megaproject to build the world's largest airport (DWC) in Dubai South; a ~20-30 min drive that will reshape connectivity for the Jebel Ali corridor including Wasl Gate.
- Ibdaa Square event plazaapproved
Planned innovation-focused community plaza for exhibitions, events and gatherings within Wasl Gate, part of the next phase of internal pathway and road upgrades over the coming 2-3 years.
- Sunrise Capital mixed-use projectannounced
Sunrise Capital's first mixed-use development announced within the Wasl Gate area; adds third-party freehold supply alongside Wasl Group's phases, timeline not yet confirmed.
- Wasl Gate offices, hotels & retail expansionapproved
Long-term master plan (~15 million sqft) to round out the self-contained district with additional offices, hotels, retail and cultural/event space beyond the current residential phases.
Frequently asked questions
- How much does property cost in Wasl Gate?
- Recorded residential sales in Wasl Gate over the last four quarters have a median price of AED 1,510 per sqft, across 1,637 transactions. Prices are up +11.7% 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 Wasl Gate?
- Energy is the nearest metro station — 90 m away, measured to the edge of Wasl Gate.
- What are the best-selling projects in Wasl Gate?
- By registered sales over the last 12 months, the top projects in Wasl Gate are Taiyo Residences (315 sales), Hills View at Wasl Gate (245 sales), Sola Residences (210 sales).
- Can foreigners buy property in Wasl Gate?
- Yes — Wasl Gate is a freehold zone, so foreign buyers get full ownership with no residency requirement.
- How far is Wasl Gate from downtown Dubai?
- Wasl Gate is roughly 23 minutes from downtown by car, and the area is served by the metro. Upcoming infrastructure: South Gardens (new phase), AT85 Residences (Scope Properties), Al Maktoum International Airport expansion, Ibdaa Square event plaza, Sunrise Capital mixed-use project, Wasl Gate offices, hotels & retail expansion.
- What new projects are selling in Wasl Gate?
- 18 projects are still under construction in Wasl Gate, including Boulevard Living 1 by wasl, Boulevard Living 2 by wasl, Taiyo Residences by LMD (from AED 595,000), South Garden B by wasl (from AED 619,000), Hills View At Wasl Gate by Suncrest Hills Developers (from AED 639,000), Omya Residences by Pantheon Development (from AED 507,000), Sola Residences by Centurion (from AED 676,000), South Garden C by wasl (from AED 564,000).
Compare with nearby areas
Source: Dubai Land Department open data, sales data through Jun 2026. Medians are computed from registered residential sales and can lag or diverge from asking prices. Not investment advice. Asking-price figures come from Esto’s area dataset, updated 2026-07-15. Net yield after service charges and buying costs is what decides a deal —here’s how to run that math.
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