Properties for sale in Al Wasl

With anticipation that Dubai's property prices will continue their downward slump in the upcoming years, there has been an increase in real estate investment in Dubai. People from far and wide are coming to buy properties in Dubai at a reasonable price. Al Wasl property units are no different. Located at the intersection of the first and second interchanges of Sheikh Zayed Road, Al Wasl is a residential region in Dubai that takes its name from a historic British reference to Dubai. Having 343 to 345 as a community number, Al Wasl spans across an area of 4 sq. mi. Comprising two major sub-communities, Dar Wasl and Al Wasl Road, Al Wasl contains more than 20 residential units that house over 22,000 inhabitants at once.

Types of Properties in Al Wasl

Bringing together people of varied cultures from every part of the world, Al Wasl embraces cultural diversity. Owing to the fact that plots have been the only assets that have gained over 800% capital appreciation in the last 20 years, the commercial plots in Al Wasl are in high demand. Offering a quality of life that is based on higher housing standards, Al Wasl contains over 20 residential plots with a built-up area that ranges between 8,512 sq. ft. and 42,000 sq. ft. Al Wasl’s real estate market also contains flats, shops and houses that redefine living standards for occupants.

Sale Price Trends for Properties in Al Wasl

Buying a property is always an ideal option as it allows investors to construct their homes based on their needs and taste. Besides that, it also makes their costs more stable and predictable since there is a fixed-rate mortgage that you have to pay monthly without having to worry about additional charges. If you are interested to buy a real estate in the quadrant of Dubai, you can go for residential plots in Al Wasl. As far as the prices are concerned, they are quite feasible. The sale trend of residential plots in Al Wasl starts from AED 6,300,000 and goes up to AED 26,000,000.

Popular Areas of Al Wasl

One of the most iconic areas in Al Wasl includes the Gulf News office. An English newspaper published from Dubai, Gulf Newspaper is circulated daily as well as on weekend. Founded in the year 1978, Gulf News is the first newspaper that fosters sports, music, culture and the arts. In addition to that, Al Wasl also features a 64 hectare Safa Park, an urban park in Dubai that contains 16,974 trees and more than 200 species of birds, including kingfishers, warbles, wood pigeons, parakeets and geese. Surrounded by a forest, Safa Park is a project developed by Dubai Municipality in a bid to make Dubai an ecological city. With the Burj Khalifa lying within the radius of 3 miles, Al Safa Park also offers beautiful views of Dubai's skyline. With the cost of Safa Park being AED 3 for adults, Safa Park always stays crowded with tourists.

Reasons for Investing in Al Wasl

With many healthcare centres, such as The British Centres and Good Living Medical Centre and educational institutes, such as Green Grass Nursery and Dubai Japanese School (a Japanese curriculum school built in 1980) in the vicinity, Al Wasl provides a complete package to those who want to live in a family-friendly community. Also, Al Wasl also lies close to world-class restaurants and shopping malls, such as Al Nasma Restaurant, Souq Al Wasl and the famous Galleria Mall.