Most active projects in Wasl 1 by number of registered rental contracts.
| Project | Contracts | Median, AED/yr |
|---|---|---|
| Park Gate Residences | 1,441 | 120,000 |
| 1 Residences | 1,099 | 135,000 |
| — | 112 | 60,000 |
Wasl 1 is a Dubai district. All transactions are apartments; villas and townhouses are not built here. About 57% are off-plan purchases in under-construction projects. Most common type — 2-bedroom (2,011 transactions). One of the most active projects — Park Gate Residences. 2,652 rental contracts have also been recorded — the district is attractive for both purchase and long-term living.