1 Residences in Al Kifaf

1 Residences delivers two unit profiles across 224 total apartments. The 111 one-bedroom units are uniform at 87 sqm with a fixed entry of AED 2.15M, placing the per-sqm cost at AED 24,713—the lower bound of the project's pricing range and the sharpest entry point for buyers targeting this district. The 113 two-bedroom units range from 155.43 to 160.63 sqm, with asking prices from AED 4.5M to AED 4.74M and per-sqm rates climbing to AED 29,539 at the top of the range. That AED 4,826 per-sqm spread between the one-bedroom floor and two-bedroom ceiling reflects size and configuration premiums rather than significant floor or view differentials within the two-bedroom tier. Standard Dubai buying costs include a 4% buyer-side fee on all transactions. With 1,442 tracked transactions on record across the project, the price floor is well-tested—buyers are benchmarking against live market evidence rather than developer-published launch estimates.

1 Residences targeted Q3 2022 handover and delivered on schedule—the project registers 0% ahead of plan, confirming completion without positive schedule deviation. Writing from 2026, this is a fully operational, three-year-old asset. That changes the buyer calculus entirely: construction risk is eliminated, rental income is provable through the 821 rent signals attached to the project, and the 1,442 transaction records provide direct secondary-market price discovery across both unit types. Buyers weighing 1 Residences against active off-plan launches in Al Kifaf should factor in the loss of payment plan flexibility and below-launch entry pricing as the concrete cost of choosing a delivered asset. Those evaluating whether timing matters to their return profile should review off-plan versus ready before finalising the selection.

Al Kifaf occupies central Dubai between Sheikh Zayed Road and the residential fringe of Bur Dubai, with Zabeel Park as its primary green infrastructure. The district sits approximately 2km from the Business Bay commercial core and under 3km from the Downtown Dubai retail and hospitality strip, making it structurally attractive to professionals who require SZR access without paying Downtown per-sqm premiums. At AED 24,713–29,539 per sqm, 1 Residences prices below comparable-specification Downtown Dubai secondary stock, which consistently trades well above AED 35,000 per sqm. The trade-off is residential amenity density: Al Kifaf's streetscape and food-and-beverage offering remain less developed than Business Bay's established boulevard, which constrains the walk-to-work tenant pool and suppresses occupier demand from occupiers outside the SZR corridor. Wasl's continued development activity across multiple projects in the district indicates that infrastructure and amenity investment will persist, which supports the medium-term capital argument for established stock like 1 Residences.

Wasl operates one of Dubai's largest managed residential portfolios alongside its development arm, which reduces counterparty risk on both existing stock and new launches. Within the Al Kifaf cluster, Avenue Park Towers and Nine Collective sit under the same developer umbrella and offer distinct unit-size and price-point profiles for buyers who want developer continuity but are weighing different configurations. Boulevard Park and Boulevard Park 2 extend the Wasl comparison set into the boulevard corridor, where pricing and layout profiles diverge enough to warrant direct benchmarking before committing to 1 Residences specifically. Wasl's on-time delivery of 1 Residences—0% schedule deviation against a Q3 2022 target—is the strongest available third-party validation when assessing forward risk on any Wasl launch currently in the pipeline.

Before finalising 1 Residences, run a parallel evaluation on at least two projects in the same footprint. Nine Collective targets a comparable buyer profile within Al Kifaf and provides a direct unit-mix and pricing counterpoint. Boulevard Park 2 and Boulevard Park offer boulevard-facing positions that suit buyers prioritising streetscape and pedestrian connectivity over park adjacency. Pinewood Estate Homes broadens the comparison to a distinct product typology for buyers open to larger configurations or a different tenure structure. The full range of active comparables is tracked across live projects. The defining comparison axis for 1 Residences is delivered liquidity and verifiable yield versus off-plan entry pricing with construction and schedule risk on newer launches—a decision that depends directly on whether the investment horizon targets immediate rental income or capital appreciation on delivery.