Situated in the vibrant mixed-use neighbourhood of Wasl1, 1 Residences is a stunning residential master development by wasl Asset Management Group. It is located right next to Za’abeel Park, and offers a total of 753 units. The complex consists of two 43-storey towers which are connected at the podium and top levels. Prospective real estate buyers can choose from an array of beautifully crafted ready-to-move-in apartments in 1-3 bedroom configurations, as well as four 3-bedroom duplexes.
The total sizes of the 1 Residences apartments range from 888 sq. ft to 1,956 sq. ft. The spacious layouts boast balconies of 68 sq. ft to 253 sq. ft that overlook Za’abeel Park, one of the largest parks in Dubai.
Among the key features of the properties in this development are a SMATV system, an access control system, telephone/data points, a CCTV system, a gate barrier and an intercom. The interiors of the 1 Residences apartments are complemented by elegant wood, brushed stainless steel highlights, and marble finishes for a more distinctive look.
In total, there are 959 parking bays which are spread across 3 basement and 4 podium levels for the utmost convenience of the homeowners. In addition, there is 7,868 sq. ft of retail space, including a dedicated area for a clinic.
For unforgettable leisure and recreational experiences, occupants of 1 Residences are granted full access to the following amenities:
As of Q4 2023, the initial cost for a 1-bedroom apartment in 1 Residences is AED 1.74M (USD 473K).
*The price is valid for 2022
As mentioned earlier, 1 Residences is part of Wasl1 in the Al Kifaf area. Therefore, its strategic location next to Sheikh Zayed Road enables homeowners to easily get around the rest of Dubai. Those opting to commute via public transport will be keen to learn that the Al Jafilia metro station, Al Jafilia bus station 2 and Department of Health 2 bus station are all less than a 10-minute walk away.
One of the main perks of living in 1 Residences is the easy access to Za’abeel Park, which is one of the first tech-driven leafy green spaces in the region. Equivalent in size to 45 football fields, it is famous for its children’s amusement complex and expansive ‘edutainment’ centre. The park also hosts seasonal flea markets and big exhibits such as the Dubai Garden Glow.
Don’t forget the wide variety of activities available in the park that are sure to add value and harmony to your day-to-day life, such as the barbecue and picnic areas, food kiosks, boat rides, pedestrian path, jogging track and fitness centre. Additionally, you can try out mini-golf, cricket, skating, skateboarding and the BMX track. The stunning focal point of Za’abeel Park is the Dubai Frame, which is a 492-foot high observation deck with a transparent floor, designed to look like a picture frame.
It will take about 10 minutes by car to reach the range of social infrastructure facilities found below:
In the same amount of time, residents of 1 Residences can access Downtown Dubai, which houses some of the most exclusive worldwide attractions, such as the Burj Khalifa, Dubai Mall and The Dubai Fountains.
1 Residences was successfully completed in Q2 2022, so once you have acquired a property here, you will be able to move in right away or start renting your residence out to generate a passive income. According to Property Finder, the ROI in 1-bedroom apartments in this complex has reached 6.1%, while the starting rental price amounts to AED 90K (USD 24K) per annum.
By investing in a property worth at least AED 750K (USD 205K), you will become eligible for a 2-year visa. Those who invest AED 2M (USD 545K) or more will be eligible for a Golden visa residency permit. Holders of this visa are given the right to live, work and study in the UAE without Emirati sponsorship.
*The price is valid for 2022
Wasl Asset Management Group is the developer of the complex.
It is located in the mixed-use area of Wasl1, Al Kifaf.
There is a collection of ready-to-move-in apartments in 1-3 bedroom configurations, as well as four 3-bedroom duplexes.
The complex was completed in Q2 2022.
Please register your interest on our website to obtain more information regarding payment plans.
As of Q4 2023, the initial cost for a 1-bedroom apartment in 1 Residences is AED 1.74M (USD 473K).
Yes, you can obtain a visa as a property owner in 1 Residences.
By investing in a property worth at least AED 750K (USD 205K), you will become eligible for a 2-year visa. Those who invest AED 2M (USD 545K) or more will be eligible for a Golden visa residency permit.
Citizens of any country can buy property here.
This is an excellent investment, as 1-bedroom apartments in 1 Residences generate an average gross ROI of 6.1%, while the starting rental price amounts to AED 90K (USD 24K) per year
1 Residences is a good option for those who want to live a bit away from the buzzing city centre, but with easy access to the emirate’s leisure and commercial hubs.
A short drive away from the complex, you can reach multiple social facilities. Among them are Latifa Hospital, Dr. Rami Hamed Hospital, New Academy School and DESS - Dubai English Speaking School, to name a few.
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