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1 Residences

Completed

Developed by PARK 1 L.L.C. Located in Al Kifaf.

Construction progress100%Expected 28 Sept 2022
Units7582 buildings · 0 villas
Registered sales88359 in the last 12 months
Median sale priceAED 2.40MMedian of registered salesAED 1,810/sqft

Registry record

Project number
2368
Name on the register
1 ريزيدنسيز
Developer
PARK 1 L.L.C
Master developer
بارك 1 ش.ذ.م.م
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Municipality
Master project
Wasl 1
Start date
1 Aug 2019
Expected completion
28 Sept 2022
Actual completion
28 Sept 2022
Cancelled
Not recorded
Plots
0
Progress
100%

3B+ G +1M +42 +2R Residential & commercial building

Sales evidence

Median size
1,283 sqft
Median price per sqft
AED 1,810/sqft
Total value transacted
AED 2.19B
Off-plan vs ready
0 off-plan · 883 ready
First sale
31 Oct 2022
Latest sale
19 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 29 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
Reserved FundResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Utilities ServicesResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C8.00
Management ServicesResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
Reserved FundRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
Utilities ServicesRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Management ServicesRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityRetailWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Reserved FundParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Utilities ServicesParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Management ServicesParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityParkingWASL OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
19 Aug 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties3 B/R1,673 sqftAED 2,579/sqftAED 4,313,100
18 Aug 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,491 sqftAED 1,912/sqftAED 2,850,000
10 Aug 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties3 B/R1,693 sqftAED 2,156/sqftAED 3,650,000
30 Jul 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,453 sqftAED 1,515/sqftAED 2,200,000
3 Jul 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,502 sqftAED 1,831/sqftAED 2,750,000
29 Jun 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,507 sqftAED 1,775/sqftAED 2,675,000
24 Jun 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties1 B/R932 sqftAED 1,824/sqftAED 1,700,000
19 Jun 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties1 B/R924 sqftAED 1,894/sqftAED 1,750,000
17 Jun 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,397 sqftAED 1,754/sqftAED 2,450,000
8 Jun 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties3 B/R1,711 sqftAED 2,567/sqftAED 4,390,777
4 Jun 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,502 sqftAED 1,964/sqftAED 2,950,000
22 May 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties3 B/R1,844 sqftAED 2,549/sqftAED 4,700,000
20 May 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties1 B/R934 sqftAED 2,249/sqftAED 2,100,000
29 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties1 B/R887 sqftAED 1,906/sqftAED 1,690,000
17 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,492 sqftAED 2,179/sqftAED 3,250,000
15 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,493 sqftAED 2,202/sqftAED 3,288,000
14 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties1 B/R934 sqftAED 1,949/sqftAED 1,820,000
8 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,273 sqftAED 2,179/sqftAED 2,775,000
8 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties1 B/R928 sqftAED 1,843/sqftAED 1,710,000
1 Apr 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,400 sqftAED 1,785/sqftAED 2,500,000
23 Mar 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties3 B/R1,764 sqftAED 2,449/sqftAED 4,320,000
11 Mar 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties3 B/R2,881 sqftAED 2,759/sqftAED 7,950,184
2 Mar 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,330 sqftAED 2,106/sqftAED 2,800,000
27 Feb 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,273 sqftAED 2,121/sqftAED 2,700,000
25 Feb 2026Al Kifaf1 ResidencesWasl 1FlatExisting Properties2 B/R1,507 sqftAED 2,222/sqftAED 3,350,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.