1 Residences by wasl Asset Management Group

1 Residences is a premium residential complex by developer wasl Asset Management Group, located in Al Kifaf, surrounded by historical locations in Bur Dubai. Comfortable apartments with 1-3 bedrooms and three-bedroom duplexes are available for sale.

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$ 463 000
Starting price
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To move in
20/80
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About the project

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1 Residences in Al Kifaf

1 Residences by developer wasl Asset Management Group is a complex of two original towers in the shape of the number "1" in Al Kifaf. The 43-story buildings elegantly connect at the top floors with a bridge-like structure from the number. The project was completed in 2022.

1 Residences offers 754 premium residences for sale, including apartments with 1-3 bedrooms and four exclusive three-bedroom duplexes, ranging in size from 82 sqm to 278 sqm.

All residences feature a private balcony, convenient built-in wardrobes or walk-in closets in the bedrooms, a laundry room, and a equipped kitchen area. The three-bedroom units also include a storage room and a dining area.

The bright and spacious interiors are available in two design options. The first option is classic, with warm tones and valuable wood, while the second option is modern, with cool tones and marble and tile.

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Key Advantages

At the podium level of the complex and the three upper floors, public areas with landscape design and premium amenities are created for residents and guests of 1 Residences. They include pools with lounge areas, fountains, children's playgrounds, a modern gym, a 340m jogging track on the 43rd floor, and more.

  • gym
  • pools
  • sports court
  • 340m jogging track
  • children's playground
  • private parking
  • lounge area
  • medical clinic
  • fountains
  • learn more

On the podium of 1 Residences, there is a well-developed public area for residents and guests of the complex. Here you will find convenience stores, hair salons, spa salons, beauty salons, restaurants, offices, and a medical clinic.

In November 2023, you can buy a one-bedroom apartment in the 1 Residences complex starting from AED 1.7M (USD 473K). The cost of a two-bedroom property starts at AED 2.4M (USD 653K), and residences with three bedrooms are sold for a price starting from AED 4M (USD 1.1M).

Infrastructure

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The 1 Residences complex is located in Al Kifaf, near the popular historical district of Bur Dubai in Dubai. There are many historical sites within its territory, such as the Dubai Museum from the 18th century, the historic Al Bastakiya quarter, and more. Also located here is the functioning residence of the Dubai emir, Zabeel Palace.

Special attractions in the area include the grand observation deck, Dubai Frame, and Zabeel Park. The park can be considered a huge green oasis. There you will find dinosaur sculptures, illuminated gardens, an ice park with children's attractions, barbecue pavilions, and a jogging track with non-slip coating and scent. All of these locations are within a 5-10 minute drive from the project.

It will take 10 minutes to travel to British Orchard Nursery Jafiliya and Al Maktoum Primary School. The same amount of time is required to reach the LIFE Clinic.

The Max metro station is a 20-minute walk away.

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Floor plans

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Location

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5-15 minutes

Jumeirah, Downtown Dubai, Business Bay, DIFC, Deira, La Mer Beach, Burj Khalifa, Dubai Mall, Zabeel Park, Dubai International Airport (DXB)

20-45 minutes

Mall of the Emirates, Burj Al Arab Hotel, Palm Jumeirah, Dubai Marina, JBR Beach

It takes five minutes by car to reach the main Sheikh Zayed Road in Dubai, which runs along the coast. This road allows for quick access to any location in Dubai, as well as the neighboring emirates of Abu Dhabi and Sharjah.

Downtown Dubai, where the Burj Khalifa skyscraper and Dubai Mall are located, is a 10-minute drive from 1 Residences. The nearest coastal beach, La Mer, is a 15-minute drive away. Dubai International Airport is also located at the same distance.

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a quiet life in the bosom of nature

Economic Attractiveness

Residences at 1 Residences will appeal to lovers of a luxurious and active lifestyle who want to enjoy comfort in a modern residential complex with unique architecture. The strategic proximity to the center of Dubai, business districts, and the airport emphasizes the convenience of living in 1 Residences.

This enhances the investment attractiveness of the complex. Residences at 1 Residences can be rented out profitably immediately after purchase - the complex is fully ready for occupancy. You can rent out a one-bedroom apartment in Al Kifaf at an average cost of AED 120K (USD 33K). The yield for such property is at a level of 6.7%.

UAE residency visa

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Foreign investors, immediately after purchase, can obtain a residence visa in the UAE for two years or ten years. A two-year visa is issued to property owners with a value of at least AED 750K (USD 204K), and a long-term ten-year visa is obtained with a purchase value of at least AED 2M (USD 545K). The visa applies to the spouse and children and can be renewed an unlimited number of times.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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