
1 Residences is a prestigious residential project from the developer Wasl, located in the heart of Dubai, next to Zabeel Park. The project consists of two towers comprising 3 basement levels, a ground floor, a mezzanine and 43 residential floors, and a podium consisting of three basement levels, three parking levels and a mezzanine. The complex offers apartments with 1-3 bedrooms, as well as duplexes with 3 bedrooms. The exterior of the complex is distinguished by its iconic architectural design, where two tall towers are connected to each other, creating an impressive silhouette. The complex is harmoniously integrated into the surrounding space, offering serene views of Zabeel Park. The interiors of the apartments make an indelible impression by combining elegant wood, polished stainless steel and marble finishes. Residents of 1 Residences have access to a range of exclusive amenities, including a state-of-the-art gym, a running track, and a stunning outdoor swimming pool with relaxation areas. The complex is part of the five Wasl 1 zones, located in close proximity to the central square, fine restaurants, boutiques, five-star establishments and entertainment venues. The project's location, opposite Dubai Garden Glow, a 5-minute walk from Max Metro Station, provides unparalleled accessibility to key destinations.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| 1 Residences launch basis | 4,124 | AED 3.71M | Current launch / asking basis |
| Al Kifaf ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Kifaf premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

















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Astraterra Properties
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Al Kifaf
1 Residences by Wasl
Located in Al Kifaf
Starting from AED 3,711,809
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Sep 2022
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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