Boulevard Park
Off-Plan

Boulevard Park

From AED 1.55M·Handover Dec 2029·10% down payment Payment
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AED 1.55M
Starting Price
Dec 2029
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Boulevard Park is a residential complex from Wasl, located as part of the Wasl Gate master community in the Jebel Ali Village area, Dubai. Buildings vary in height: low-rise buildings consist of a ground floor and five residential levels, while towers include a ground floor and rise from 13 to 36 floors. The exterior of the complex is characterized by clean vertical lines, facades and landscaped terraces, forming a space next to the central park and retail boulevard. The complex includes studios, one-, two- and three-bedroom apartments, two-bedroom duplex residences, three- and four-bedroom townhouses, and three-bedroom penthouses. Most layouts include staff rooms, while duplexes and penthouses are equipped with private elevators. Large windows provide natural light, and interiors use high-quality finishes and built-in storage systems. Residents have access to swimming pools for adults and children, a gym, a multi-purpose room, an indoor children's area and changing rooms. Boulevard Park is surrounded by a large park, walking and jogging trails. The complex is located close to the Energy metro station on the red line and within walking distance to Sheikh Zayed Road. It will take 25 minutes to get to Al Maktoum International Airport, 35 minutes to Dubai International Airport, and about 15 minutes to Dubai Marina and JBR.

Project Specifications
DeveloperWasl
LocationWasl Gate
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments, Penthouse
AreaWasl Gate
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 67,098 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,783
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 101,075 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Boulevard Park launch basis1,728AED 1.55MCurrent launch / asking basis
Wasl Gate ready-stock comps1,500AED 1.35MIndicative resale benchmark
Wasl Gate premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Boulevard Park official render 1

Boulevard Park official render 1

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Boulevard Park official render 2

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Boulevard Park official render 9

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Boulevard Park official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Wasl.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Boulevard Park — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
Arbour
BBQ
Children’s pool
Community Lawn
Covered Kids Play Area
Covered gym
Dining outlets (coffee houses & restaurants)
Indoor Multipurpose Space
Kids Club
Landscape Open Areas
Landscaped garden
Lavish Sundeck
Leisure areas
Lift
Lobby
Open Kids Play Area
Open air gym
Outdoor Multipurpose Space
Park Access
Picnic Area
Pool Deck
Resting Areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Social zone
Sunken Garden
Sunken Seating
Walking paths

Location

Wasl Gate

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Wasl GateWasl GateDubai, UAE

Developer Track Record

01

Boulevard Park by Wasl

02

Located in Wasl Gate

03

Starting from AED 1,555,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Dec 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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