Dubai · Developers · wasl properties

wasl properties

Dubai's government-owned landlord as a seller: a deliberately small for-sale book — 132 homes registered in H1 2026, at just two addresses.

DLD numbers
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132
homes registered
AED 1,088,496
median price
88%
off-plan
1,425
median AED/sqft
In DLD registrations · H1 2026

What wasl properties actually sold

In January–June 2026 the Dubai Land Department registered 132 home sales in wasl properties projects, for a total of AED 160.2M. The median deal was AED 1,088,496 at 1,425 AED/sqft — 17% below the citywide median of AED 1,725/sqft. 88% of those sales were off-plan (market average: 76%), and the largest single registration was AED 3,850,000. A further 5 registrations were land plots (median AED 4,900,000); we keep those out of the figures above, because plot prices are not comparable with homes.

Source: DLD registered sales, Jan–Jun 2026, our own aggregation. Projects are matched to the developer by registered project name, verified against the registered area — figures cover what actually changed hands, not asking prices. Headline figures count homes only (apartments, villas and townhouses); land plots are reported separately.

Top projects by registered sales

Hills View at Wasl Gate
116
Park Gate Residences
16

Where it sells

Jabal Ali First
116
Al Kifaf
16
The company

Who they are

The asset-management arm of Dubai Real Estate Corporation, government-owned, and one of the largest landlords in Dubai across residential, commercial and hospitality. It develops selectively rather than continuously: the wasl Gate community beside Festival Plaza in Jebel Ali, and the wasl1 district at Al Kifaf next to Zabeel Park, where Park Gate Residences stands.

wasl is a leasing giant first and a seller second, and that shows in how narrow the choice is: every home it registered in H1 sits either in wasl Gate at Jebel Ali or in Park Gate Residences at Al Kifaf. Eight in ten were studios or one-beds and the median landed just above AED 1M. Compact stock and a government-owned counterparty — but if neither of those two addresses suits you, there is no third option.

Our pages

Projects and coverage

We do not run individual project pages for this developer yet — its units come through our shortlist. The area guides below cover the zones where it actually registers sales.

All new projects →
Where it sells

Where it builds — area guides

Zabeel →Al Furjan →
FAQ

Common questions

How many properties did wasl properties sell in Dubai in 2026?

The Dubai Land Department registered 132 home sales in wasl properties projects between January and June 2026, totalling AED 160.2M. The median registered price was AED 1,088,496 at 1,425 AED per sqft, and 88% of sales were off-plan. A further 5 registrations were land plots, which we report separately rather than mixing into the price above.

Is wasl properties expensive compared with the rest of Dubai?

Its median works out at 1,425 AED per sqft against a citywide median of AED 1,725 per sqft across 65,518 registered apartment sales in H1 2026. The median wasl properties deal was AED 1,088,496; the largest single registration in the period was AED 3,850,000.

Which wasl properties projects sell the most?

By registered sales in H1 2026: Hills View at Wasl Gate (116), Park Gate Residences (16). High transaction counts mean easier resale, but also more competing units when you exit.

Can a non-resident buy from wasl properties remotely?

Yes. Foreign buyers can purchase in Dubai's freehold zones without residency, and the deal is registered with the DLD in dirhams — a power of attorney allows the whole process to be done without flying in. Purchases at or above AED 2M can qualify for the 10-year Golden Visa.

Where do these numbers come from?

From individual sales registered with the Dubai Land Department (open data), January–June 2026, aggregated by us. Projects are attributed to the developer by their registered project name and checked against the registered area. These are prices buyers actually paid, which usually sit below portal asking prices.

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