Al Wasl

About Al Wasl

Al Wasl is a splendid residential area in Dubai that miraculously caters to the housing needs of people. The central position of Al Wasl enables residents to easily access Dubai's primary amenities and attractions. This dynamic residential district is situated to the north of Business Bay and to the south of Jumeirah, in close proximity to Downtown Dubai and Satwa. The convenient proximity of major roadways like as Sheikh Zayed Road facilitates the movement of city residents. Al Wasl's tranquil environment offers respite from the monotonous routine while still being linked to the vibrant urban lifestyle of Dubai.

Al Wasl provides a wide range of amenities to cater to the diverse demands of individuals. Local retail establishments such as Carrefour and Waitrose, as well as educational institutions like Jumeirah College and Jumeirah English Speaking School, provide easy access and convenience. Residents have the opportunity to utilise clinics, medical facilities, and hospitals such as Emirates Hospital. Al Wasl is a sought-after location in Dubai for families and people who desire a well-rounded lifestyle, thanks to its mosques, restaurants, and recreational places.

Properties in Al Wasl

Al Wasl offers a variety of residences suited to various lifestyles. If families are seeking privacy and ample accommodation, they may want to investigate independent flats with three to five bedrooms. The Al Wasl villa estates neighbourhood is in near proximity. The three- to five-bedroom houses are ideal for individuals seeking a vibrant neighbourhood with communal amenities. Aside from villas, Al Wasl provides alternative lodging options. Low-rise flats provide a range of comfortable living spaces, from small studios to larger three-bedroom residences. Mid-rise apartments offer uniform floor plans that cater to various household sizes and tastes. Al Wasl offers a diverse range of housing options, including villas and apartments, to cater to people's preferences.

Villas

Independent Villas
- 3 to 5 bedrooms
Villa Compounds
- 3 to 5 bedrooms

Apartments

Low-rise Apartments
- Studio to 3 bedrooms
Mid-rise Flats
- Studio to 3 bedrooms

Average Property Price in Al Wasl

The average cost of real estate in Al Wasl is determined by the type and size of the residence. The price of a three-bedroom and a five-bedroom independent villa is typically between AED 138,000 and AED 246,000. Villa complexes offer 3-bedroom residences at a starting price of AED 135,000 and 4-bedroom units above AED 300,000. A marginally broader selection is accessible. The average cost of a five-bedroom villa in the highly sought-after Dar Wasl sub-community is approximately AED 200,000. These prices demonstrate the extensive selection of properties in Al Wasl that are available to accommodate a wide range of preferences and budgets. Furthermore, the pricing of each residence in the neighbourhood may be influenced by a variety of factors, such as location, facilities, and property characteristics.

Villas

Independent Villas
- 3-Bedroom: AED 138,000
- 4-Bedroom: AED 176,000
- 5-Bedroom: AED 246,000
Villa Compounds
- 3-Bedroom: Starting from AED 135,000
- 4-Bedroom: AED 130,000 to AED 300,000
- 5-Bedroom: AED 200,000

Apartments

Low-rise Apartments
- Studio: AED 45,000 (average)
- 1-Bedroom: AED 58,000 (average)
- 2-Bedroom: AED 104,000 (average)
- 3-Bedroom: AED 132,000 (average)
Mid-rise Apartments
- Studio: AED 45,000 (average)
- 1-Bedroom: AED 58,000 (average)
- 2-Bedroom: AED 104,000 (average)
- 3-Bedroom: AED 132,000 (average)

ROI in Al Wasl

The type of property in Al Wasl affects the return on investment (ROI). Independent villas and villa complexes provide a return on investment (ROI) of approximately three to four per cent. This demonstrates a subpar return in relation to the initial investment. However, Al Wasl apartments frequently generate a marginally greater return on investment. It is anticipated that apartments in mid- and low-rise buildings will generate a return on investment of five to six per cent. This suggests that investors in the Al Wasl apartment market will generate a substantial return. These ROI estimates offer valuable insights that will enable individuals who are contemplating the acquisition of real estate in Al Wasl to make well-informed decisions that are tailored to their investment objectives and potential returns.

Villas