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1 Residences is a completed apartment development by PARK 1 L.L.C in Wasl 1, Al Kifaf, comprising 793 registered units. 879 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,868 per sqft. At AED 1,868 per sqft, 1 Residences prices 15% below the Wasl 1 average of AED 2,199 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 98 – 3,255 sqft | 793 | 2.49M | 1,868 | ↓12.1% | 136K | 5.5% | |
| Residential | |||||||
1 Bed · Apartment 876 – 1,129 sqft | 251 | ||||||
2 Bed · Apartment 1,265 – 2,275 sqft | 407 | ||||||
3 Bed · Apartment 1,673 – 2,984 sqft | 95 | ||||||
| Commercial | |||||||
Clinic 3,255 sqft | 1 | — | — | — | — | — | — |
Shop 985 – 1,917 sqft | 4 | — | — | — | — | — | — |
Store 98 – 489 sqft | 35 | — | — | — | — | — | — |
| Floors | All towers | Tower 1 | Tower 2 |
|---|---|---|---|
| All floors | 184 sales | 86 sales | 98 sales |
| Floors 2-19 | 56 sales | 28 sales | 28 sales |
| Floors 20-42 | 128 sales | 58 sales | 70 sales |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 10 Aug 2026 | 3 Bed | Tower 1 · Floor 29 | 1,693 | 3,650,000 | 2,156 | -9.5% | Entry Level | Standard Sale |
| 29 Jul 2026 | 2 Bed | Tower 2 · Floor 17 | 1,453 | 2,200,000 | 1,515 | -17.9% | Entry Level | Standard Sale |
| 3 Jul 2026 | 2 Bed | Tower 2 · Floor 5 | 1,502 | 2,750,000 | 1,831 | — | Standard | Standard Sale |
| Floors | All towers | Tower 2 | Tower 1 |
|---|---|---|---|
| All floors | 729 rentals | 364 rentals | 365 rentals |
| Floors 1-8 | 143 rentals | 59 rentals | 84 rentals |
| Floors 9-42 | 586 rentals | 305 rentals | 281 rentals |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 13 Sep 2026 | 3 Bed | 1,915 | 260,000 | 136 | — | Standard | renewal |
| 24 Aug 2026 | 1 Bed | 898 | 84,000 | 94 | — | Entry Level | renewal |
| 24 Aug 2026 | 1 Bed | 924 | 105,000 | 114 | — | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Wasl 1
The closest-priced registered projects in Wasl 1.
- Park Gate ResidencesAED 1,833/sqft
- Park Views Residences BAED 2,172/sqft
- Park Views Residences AAED 2,181/sqft
- Avenue Park TowersAED 2,272/sqft
Common questions about 1 Residences
Answered from Dubai Land Department registered transactions.
How much does a property in 1 Residences cost?
Property in 1 Residences sells at a current PIX© price of AED 1,868 per sqft, or about AED 2,487,025 for a typical unit, based on 879 sales registered with the Dubai Land Department.
Is 1 Residences completed?
Yes. 1 Residences is recorded as completed in the Dubai Land Department project register (completed q3 2022).
Who is the developer of 1 Residences?
1 Residences is developed by PARK 1 L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in 1 Residences?
1 Residences yields 5.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,250 registered Ejari contracts.
How many units are in 1 Residences?
1 Residences holds 793 registered units across 2 towers, per the Dubai Land Department unit register.
Have prices in 1 Residences gone up or down?
Price per sqft has fallen -12.1% over the last 12 months, to AED 1,868, across 879 registered sales.