1 Residences
Wasl 1 · Wasl Asset Management Group
Project factsheet
About the building
Located in Wasl 1, completed in 2022. Developer — Wasl Asset Management Group. Architect — WS Atkins & Partners.
Specifications for 1 Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
1 Residences is a residential complex of several buildings in Wasl 1, completed in 2022.
The developer is Wasl Asset Management Group. The architecture is by WS Atkins & Partners.
The complex holds 758 apartments in total. The tallest tower rises 45 storeys.
The database currently holds 7 lots in this project, from 2 199 000 AED; 5 of them priced below the market, the deepest discount 8%.
A 45-storey wasl tower with 758 residences near Za'abeel, handed over. The developer is the government company that manages the emirate's land holdings.
What it is
1 Residences is a residential skyscraper in the Wasl 1 district by Wasl Asset Management Group. 45 storeys, 758 residences, handed over.
Wasl is a government company that manages a significant share of Dubai's land and leasehold portfolio. For a buyer this means a different developer logic: it doesn't exit the project after sales but stays on as landowner and party to the building's operation. In practice that tends to translate into more predictable building management.
Location
Wasl 1 sits by Za'abeel, between Downtown and Bur Dubai — the geographic centre of the city's old and new halves. From here it's equally close to the business centre and to the historic quarters, and Sheikh Zayed Road runs nearby.
Our database carries just four lots for the district, median AED 3.62 million and a price per square foot of about AED 2,394. It's a thin market: there will be almost nothing to compare your apartment against, and that cuts both ways — little competition when selling, but a longer search for a buyer too.
Our three positions in the building itself run from AED 3.0 to 3.71 million — a tight range that, for a 758-unit building, points to a fairly uniform layout mix.
A large, finished building
758 apartments over 45 storeys works out to about seventeen units per floor. The building is large, and that's worth checking on foot: the lift queue at peak hours, parking load, the state of the lobbies.
The upside of scale — capital works costs are split across a large number of owners, so service charges in buildings like this are usually more moderate than in boutique projects with the same amenities.
The propsearch factsheet (storey count, number of residences, developer, status) and our own stock as of 27 August 2026 (three lots in the building, median and price per square foot for Wasl 1).
Where it is
Frequently asked about 1 Residences
Who is the developer of 1 Residences?
Wasl Asset Management Group. The architecture is by WS Atkins & Partners.
How many floors does 1 Residences have?
45 — that is the tallest building of the complex. The complex has 758 apartments.
Has 1 Residences been handed over?
Yes, the building was handed over in 2022. This is ready housing: you can move in or let it out right after the deal.
Where is 1 Residences?
Al Wasl. The old Dubai residential belt between Jumeirah and Downtown: villas, low-rise, and some of the best schools in the city.
How much does an apartment in 1 Residences cost?
The database currently holds 7 lots in this project, from 2 199 000 AED; 5 of them priced below the market, the deepest discount 8%. Prices in the base are live and update every day; ask for the current list for the building before deciding.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
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