Al Wasl
A residential area in Jumeirah, with City Walk and luxury villas.
Community Intelligence — by Peak Trust Analytics
Al Wasl: market intelligence
Market intelligence for the Dubai Water Canal registration area, Dubai.
Al Wasl recorded 2,854 property sales in 2025, ranking #28 of 70 Dubai areas by transaction volume. Homes trade at about AED 3,156 per square foot, up 54% over five years, with gross rental yields around 3.3%.
AED 3,156
Avg price / sqft
2025
2,854
Sales volume
#28 of 70 areas
3.3%
Gross rental yield
AED 3.49M
Median sale price
2025
Price & demand trend
Average price per sqft (AED) by year
What homes cost here
Median price paid, by home type & size · 2025
Median sold price per home, from registered sales. Townhouses are recorded under “Villa”. “% of sales” = share of units sold.
Rental market
Ejari tenancy records for Al Wasl (2025)
AED 190k
Median annual rent
per year
+36%
Rent growth (5-yr)
3.3%
Gross rental yield
2,186
Tenancy contracts
59% renewed
Most active developers in Al Wasl
By recorded sales in the registration area.
Buildings & developments in Dubai Water Canal
41 projectsEvery development by home type · units · median price · build status.
| City Walk Crestlane 1 | Meraas | Apartment | Off-plan · 2029 | 202 | AED 3.34M | 3,278 | |
| City Walk Crestlane 2 | Meraas | Apartment | Off-plan · 2028 | 203 | AED 3.29M | 3,251 | |
| City Walk Crestlane 3 | Meraas | Apartment | Off-plan · 2028 | 195 | AED 3.26M | 3,248 | |
| Muraba Veil | Muraba | Apartment | Off-plan · 2028 | 135 | AED 18.37M | 3,860 | |
| Damac City 2 | Pinnacle | Apartment | Off-plan | 725 | AED 2.30M | 3,033 | |
| Amali Residences | Amali Canal | — | Under construction 0% · 2030 | 244 | — | — | |
| City Walk Crestlane 4 | Meraas | — | Under construction 0% · 2030 | 204 | AED 3.84M | 3,361 | |
| City Walk Crestlane 5 | Meraas | — | Under construction 0% · 2030 | 161 | AED 3.74M | 3,413 | |
| Verve City Walk | Meraas | Apartment | Under construction 4% · 2028 | 440 | AED 3.35M | 3,038 | |
| Eden House The Park | H&H | Apartment | Under construction 11% · 2027 | 466 | AED 7.39M | 4,066 | |
| Mr.c Residences Downtown | Alta | Apartment | Under construction 50% · 2027 | 169 | AED 10.71M | 3,982 | |
| Casa Ahs | Ahs Canal Three | Apartment | Under construction 2% · 2027 | 33 | AED 35.59M | 4,614 | |
| Central Park Plaza | Meraas | Apartment | Under construction 44% · 2026 | 212 | AED 4.20M | 3,203 | |
| Damac City | J A Parks | Apartment | Under construction 38% · 2025 | 511 | AED 2.62M | 2,260 | |
| Cavalli Couture | Damac Business | Apartment | Under construction 11% · 2025 | 95 | AED 21.63M | 4,611 | |
| One Canal | A H S Canal | Apartment | Under construction 44% · 2025 | 42 | AED 27.00M | 4,359 | |
| City Walk Northline 2 | Meraas | Apartment | Under construction 5% | 192 | AED 3.14M | 2,733 | |
| City Walk Northline 1 | Meraas | Apartment | Under construction 6% | 115 | AED 2.95M | 2,676 | |
| Casa Canal | AHS Properties | Apartment | Under construction 12% | 68 | AED 28.25M | 5,063 | |
| Fern | Meraas | Apartment | Delivered · 2026 | 509 | AED 3.08M | 2,460 | |
| Erin | Meraas | Apartment | Delivered · 2026 | 460 | AED 2.86M | 2,564 | |
| Laurel | Meraas | Apartment | Delivered · 2025 | 497 | AED 2.70M | 2,304 | |
| Myrtle | Meraas | Apartment | Delivered · 2025 | 130 | AED 1.82M | 2,063 | |
| Canal Front Residences-CF7 & Cf8 & Cf9 | Meydan | Apartment | Delivered · 2024 | 374 | AED 3.53M | 2,237 | |
| Canal Front Residences-CF5&CF6 | Meydan | Apartment | Delivered · 2024 | 165 | AED 3.69M | 2,219 | |
| Celadon | Meraas | Apartment | Delivered · 2024 | 161 | AED 1.87M | 1,939 | |
| Canal Front Residences Cf1 & Cf2 | Meydan | Apartment | Delivered · 2024 | 154 | AED 2.78M | 2,030 | |
| Viridian | Meraas | Apartment | Delivered · 2024 | 130 | AED 1.56M | 1,926 | |
| Canal Front Residences-CF3&CF4 | Meydan | Apartment | Delivered · 2024 | 106 | AED 2.81M | 2,150 | |
| Central Park at City Walk -Building 1 | Meraas | Apartment | Delivered · 2022 | 184 | AED 2.51M | 1,700 |
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
What kind of place is Al Wasl?
A residential district in Jumeirah traditionally made up of low villas and family homes. The City Walk development within it adds apartment buildings and street retail, so villas and apartments now sit alongside commercial space.
Property-type mix
Share of registered sale & tenancy activity by property type.
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
About Al Wasl
Questions & answers
Frequently Asked Questions
What is the average price per square foot in Al Wasl?
- Homes in Al Wasl sold at an average of AED 3,156 per square foot in 2025, based on sale transactions registered with the Dubai Land Department. That is up 54% on the 2021 average of AED 2,052, and the median sale was AED 3,490,752.
What is the average rent in Al Wasl?
- The median annual rent on a home in Al Wasl was AED 190,000 in 2025, across 2,186 registered tenancy contracts.
What rental yield do Al Wasl properties achieve?
- Al Wasl returned a gross rental yield of 3.3% in 2025. The figure is gross: service charges are not deducted.
How many homes sell in Al Wasl each year?
- The Dubai Land Department registered 2,854 home sales in Al Wasl in 2025, 24% more than the year before, making it the 28th most active of Dubai's 70 registration areas. Off-plan homes made up 76% of them.
How much does a one-bedroom home cost in Al Wasl?
- A one-bedroom home in Al Wasl had a median sale price of AED 2,611,000 in 2025, across 745 registered sales. A studio was AED 1,258,000 and a two-bedroom home AED 4,097,000.
Is Al Wasl freehold or leasehold?
- Al Wasl is registered as freehold with the Dubai Land Department, and 31% of its registered area is freehold title.
How much have rents risen in Al Wasl?
- The median annual rent in Al Wasl is 36% higher than five years ago. 59% of tenancies registered in 2025 were renewals rather than new lets.
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