Al Wasl · Ready · 67% of recent sales are 1-bedrooms
1-bedrooms resell for about AED 2.15M and rent for AED 113k a year.
At a glance
From 21 resales in the last 12 months.
From 16 new leases in the last 3 months.
About the same as 1-bedrooms across Al Wasl.
2.4 times as many resales as the typical similar building, so it's easier to sell when you're ready.
What brings you here?
AED 2.15M
That's the typical price. 11 of the 21 1-bedrooms resold here in the last year went for AED 1.95M to AED 2.23M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 1.95M
7 of the 21 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 1-bedroom here at AED 2.15M, and renting a 1-bedroom here for AED 113k a year.
The mortgage is AED 185 a month more than renting.
Before service charges and any change in price.
AED 574k
Over 5 years, buying costs about AED 508k in fees and interest. Renting costs about AED 563k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
5.2%
A year's rent, about AED 113k, as a share of the price, before service charges. 1-bedrooms across Al Wasl earn 5.0%.
2 a month
That's how often a 1-bedroom resells here. The building has 2.4 times as many resales as the typical similar building nearby.
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 1-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 1,654. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 3.81M
That's the typical price. 5 of the 10 2-bedrooms resold here in the last year went for AED 3.5M to AED 4.38M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 3.5M
4 of the 10 2-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 2-bedroom here at AED 3.81M, and renting a 2-bedroom in Al Wasl for AED 200k a year.
The mortgage is AED 286 a month more than renting.
Before service charges and any change in price.
AED 1.01M
Over 5 years, buying costs about AED 895k in fees and interest. Renting costs about AED 1M.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
1 a month
That's how often a 2-bedroom resells here. The building has 2.4 times as many resales as the typical similar building nearby.
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 1,182. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 113k a year
That's the typical new 1-bedroom rent here. Of the 16 new leases in the last 3 months, 9 signed for AED 94k to AED 120k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 16 new 1-bedroom leases in the last 3 months, too few to call a direction.
1 a week
That's how often a new 1-bedroom lease is signed here, from 16 new leases in the last 3 months.
19 years
of rent at AED 113k equals the typical 1-bedroom price, AED 2.15M, before fees and service charges.
You'd pay about AED 113k a year to rent a 1-bedroom here. Here's what owning a 1-bedroom here would cost each month, and the cash you'd need first.
AED 574kthen AED 9,560 a month
Owning would cost you AED 185 a month more than renting, before service charges, once you've put down AED 574k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
Not enough deals yet
Only 8 new leases were signed here in the last 3 months, too few for a fair range. Across Al Wasl, a new 2-bedroom lease is about AED 200k a year.
Move the slider to your size.
AED 2.15M
Apartments this size here usually sell for AED 1.95M to AED 2.39M.
AED 113k
That's the typical new 1-bedroom rent here. 3 of the 16 new leases paid over AED 120k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 2.15M. Enter what's left on your mortgage to see what reaches your account.
AED 2.15M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
2 a month
1-bedrooms resell here at about this pace. The latest 3:
5.2%
That's a year's rent against today's price, before costs. 1-bedrooms across Al Wasl earn 5.0%.
Move the slider to your size.
AED 3.81M
Apartments this size here usually sell for AED 3.23M to AED 4.02M.
Start from the typical 2-bedroom price here, AED 3.81M. Enter what's left on your mortgage to see what reaches your account.
AED 3.81M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
1 a month
2-bedrooms resell here at about this pace. The latest 3:
2 of the 2 others
in Al Wasl earn a higher return than Myrtle. Across the building as a whole it costs AED 3,036 per sq ft and earns 4.7%. The typical building in Al Wasl costs AED 2,807 per sq ft and earns 5.0%.
Each month's price per sq ft, from resales.
Al Wasl
Quick answers, from the same deals as the rest of this page.
About AED 2.15M on resale; 11 of 21 sold for AED 1.95M to AED 2.23M.
About AED 113k a year on a new lease.
About 5.2% gross on a 1-bedroom, before service charges.
Yes: 31 resales in 12 months, 2.4 times the typical similar building.