Al Waleed WS 1

TL;DR: Al Waleed WS 1 is a 151-unit freehold residential tower by Al Waleed Real Estate in Dubai Land Residence Complex (DLRC), featuring a B+G+2P+12-storey structure with studios, 1 and 2-bedroom apartments ranging from 409 to 1,587 square feet. With starting prices from AED 577,312 for studios and a 20/40/40 payment plan, the project is scheduled for handover in Q1 2027. According to DLD transaction data (2025), DLRC recorded 3,721 sales transactions in H1 2025 alone, and the community has demonstrated 75% capital appreciation since 2018, making Al Waleed WS 1 one of Dubai's most compelling mid-market investment opportunities.

Introduction to Al Waleed WS 1

Al Waleed WS 1 represents a strategically positioned residential development by Al Waleed Real Estate (Al Waleed Development L.L.C), a subsidiary of the Al Waleed Group, within one of Dubai's fastest-growing mid-market residential corridors — Dubai Land Residence Complex (DLRC) in Wadi Al Safa 5, Dubailand. The project features a B+G+2P+12F+Rooftop configuration — basement, ground floor, two podium parking levels, twelve residential floors, and a rooftop amenity deck — housing 151 residential apartments across studio, one-bedroom, and two-bedroom configurations.

Launched on 1 May 2025 with a total project value of AED 69.95 million as registered with the Dubai Land Department, Al Waleed WS 1 enters the DLRC market at a pivotal moment. The community has emerged as what Khaleej Times (October 2025) described as "Dubai's fastest-rising mid-market magnet," with price-per-square-foot values appreciating 11.9% in the six months from April to October 2025 alone. The building is designed by Alajmi Engineering Consultants and constructed by MZS Capital Building Contracting, with a total built-up area of 250,624 square feet and a gross floor area of 130,056 square feet.

The development's unit mix is carefully calibrated to align with DLRC's rental demand profile: 83 one-bedroom apartments (55% of total units), 46 two-bedroom apartments (30.5%), and 22 studios (14.6%). This distribution reflects market data showing that one-bedroom units constitute the highest-demand rental segment in DLRC, followed by two-bedroom family apartments. With 155 covered parking spaces for 151 units — a near 1:1 ratio — the project addresses one of the practical concerns of DLRC residents in a community that currently lacks direct metro access.

Location and Connectivity

Dubai Land Residence Complex occupies a commanding position at the intersection of two of Dubai's most important arterial roads: Dubai–Al Ain Road (E66) and Emirates Road (E611). This dual-highway access creates efficient routing to virtually every major destination in the emirate, positioning DLRC as a connectivity hub within the broader Dubailand master development. The community spans approximately 14 million square feet and has grown into a self-sustaining residential ecosystem supporting over 129 local businesses, multiple schools, retail clusters, and recreational facilities.

Driving distances from Al Waleed WS 1 to key Dubai destinations underscore the location's strategic value. Downtown Dubai and the Burj Khalifa are approximately 20 minutes by car. Dubai International Airport (DXB) is reachable in approximately 25 minutes via the Dubai–Al Ain Road. The Dubai Mall, the world's largest shopping destination by total area, is 20–25 minutes away. More proximate entertainment destinations include IMG Worlds of Adventure (10–15 minutes), Global Village (10–15 minutes), and Dubai Outlet Mall (7–9 minutes). Dubai Silicon Oasis, a major employment hub housing over 4,500 registered companies, sits adjacent to DLRC at approximately 5–10 minutes' driving distance.

Public transportation in DLRC is currently served by RTA Bus Route 30, which connects to the Dubai Mall/Burj Khalifa Metro Station on the Red Line. However, the most significant future infrastructure catalyst for the community is the planned Metro Blue Line, with an expected completion date around 2029. This new metro line is anticipated to dramatically improve DLRC's public transit accessibility and is widely regarded by market analysts as a major price appreciation trigger for the community.

The educational infrastructure surrounding Al Waleed WS 1 is particularly strong, featuring 18 educational institutions in the wider area. The Aquila School (British curriculum, rated "Good" by KHDA) is located just 400–600 metres from the building — approximately a 3-minute walk. GEMS FirstPoint School (British curriculum) is similarly close at approximately 600 metres. Other notable schools in the vicinity include Dubai English Speaking School, GEMS Wellington Academy, Repton School, and The Indian International School. For younger children, Chubby Cheeks Nursery and Step by Step Nursery Dubailand operate within DLRC itself.

Architecture and Design

Al Waleed WS 1's architectural expression follows a contemporary residential design language characterized by clean geometric lines, a neutral colour palette, and generous glazing that maximizes natural light and creates a sense of openness within each unit. The building's B+G+2P+12F+Rooftop structure creates a clear functional hierarchy: the basement and ground levels accommodate building services and retail/F&B outlets, the two podium levels provide covered parking for all 155 allocated spaces, the twelve residential floors house the 151 apartments, and the rooftop level hosts the building's premium amenity offering including the swimming pool.

Interior specifications throughout Al Waleed WS 1 reflect a semi-furnished standard that balances move-in readiness with personalization flexibility. Units feature floor-to-ceiling windows that flood living spaces with natural light, wood-effect flooring that adds warmth and visual texture, fully fitted kitchens with built-in appliances, built-in wardrobes in all bedrooms, and spa-themed bathroom finishes. The building incorporates smart-home wiring and high-speed communications infrastructure, preparing units for the growing demand for connected living technology. Soundproofing construction techniques enhance privacy between units — an important quality consideration in a mid-rise residential building.

The architectural design also incorporates open balconies for residential units, providing private outdoor space that extends the living area and captures views across the DLRC community landscape. The building's positioning within the community provides access to landscaped walkways and cycling routes that connect to DLRC's broader park and recreational network.

Unit Types and Configurations

Al Waleed WS 1's 151 residential units are distributed across three carefully proportioned apartment types:

Studio Apartments (409–440 sq ft | 22 units): The most affordable entry point into the development, studios feature an open-plan living and sleeping area, a fitted kitchen with built-in appliances, a full bathroom with spa-themed finishes, and built-in storage. Starting from AED 577,312 (approximately USD 157,300), studios represent a compelling investment proposition with DLRC studio rental yields averaging 6.3–7.5% gross, according to Bayut market data. Select studios reach up to AED 630,980.

One-Bedroom Apartments (699–1,106 sq ft | 83 units): Comprising 55% of the building's inventory, one-bedroom apartments are the development's flagship unit type. Layouts feature a separate bedroom with en-suite bathroom and built-in wardrobe, an open-plan living and dining area, a fitted kitchen, a guest washroom, and a balcony. Prices start from AED 857,830, with larger corner units reaching AED 1,125,434. At the current DLRC one-bedroom yield of 6.2%, these units generate estimated gross rental income of approximately AED 53,000–70,000 annually.

Two-Bedroom Apartments (1,159–1,587 sq ft | 46 units): The largest units in the development, two-bedroom apartments cater to families and sharers seeking more generous living space. Configurations include a master bedroom with en-suite bathroom and walk-in or built-in wardrobe, a second bedroom with built-in wardrobe, a living and dining area, a fitted kitchen, a family bathroom, and laundry provisions. Prices range from AED 1,296,345 to AED 1,551,230. Two-bedroom units generate estimated gross rental income of approximately AED 63,500–76,000 annually at the DLRC average yield of 4.9%.

The overall price per square foot across all unit types ranges from approximately AED 1,300 to AED 1,410 per square foot, which represents a 20–30% discount to comparable units in more established communities such as Jumeirah Village Circle (JVC), according to market comparison data.

Payment Plan

Al Waleed WS 1 offers a structured 20/40/40 payment plan designed to make ownership accessible to a broad range of buyers:

| Milestone | Percentage | |---|---| | Down Payment (on booking) | 20% | | During Construction | 40% | | On Handover (Q1 2027) | 40% |

This payment structure means that a buyer purchasing a studio at AED 577,312 would pay AED 115,462 as a down payment, with AED 230,925 spread across construction milestones and AED 230,925 due upon handover. For a one-bedroom at AED 857,830, the down payment is approximately AED 171,566. The 40% handover payment structure provides buyers with the flexibility to arrange mortgage financing for the final instalment, as UAE banks typically offer mortgage products for ready or near-ready properties.

Amenities and Lifestyle

Al Waleed WS 1 delivers a comprehensive amenity package that enhances daily living and supports the building's appeal to both end-users and tenants:

Rooftop Level: The building's crowning amenity is a rooftop swimming pool with surrounding relaxation decks, offering residents an elevated recreational experience with views across the Dubailand landscape. The rooftop positioning provides privacy, sunlight, and separation from ground-level activity.

Fitness and Wellness: A fully equipped indoor gymnasium featuring cardiovascular machines, resistance training equipment, and free weights. Some sources indicate a rooftop gym component with panoramic views, complementing the indoor fitness facility.

Ground Level: Retail and food-and-beverage outlets on the ground floor create convenience for residents and contribute to the building's community atmosphere. A formal lobby provides a welcoming arrival experience.

Community Features: Landscaped gardens surrounding the building, children's play areas for families, and a multipurpose hall for resident gatherings and events. CCTV surveillance operates 24/7, with controlled access ensuring building security. Central air conditioning throughout all common areas and units.

Parking: 155 covered parking spaces across two podium levels, providing a near 1:1 allocation ratio that ensures convenience for all unit owners.

Beyond the building itself, DLRC's community infrastructure adds substantial lifestyle value. Residents can access multiple parks and recreational hubs within 200–600 metres of Al Waleed WS 1. On-site supermarkets including Shua Al Madina, West Zone Fresh, and KP Mart provide daily grocery shopping within minutes. Silicon Central Mall, featuring over 200 retail outlets and a Carrefour hypermarket, is approximately 8 minutes by car. IMG Worlds of Adventure, the world's largest indoor theme park, offers family entertainment within 15 minutes.

Developer Profile: Al Waleed Real Estate

Al Waleed Real Estate (Al Waleed Development L.L.C) operates as a subsidiary of the Al Waleed Group, a diversified UAE business conglomerate founded in 1994 by the Al Mutawa family. The group's operations span real estate development, construction, hospitality and leisure, and retail, providing the financial stability and operational expertise that underpins its development activities.

The developer's completed portfolio demonstrates a track record of delivering quality residential projects across multiple Dubai locations:

• Al Waleed Paradise Tower, JLT (2008): A 35-storey, 247-unit tower in Cluster R, Jumeirah Lakes Towers. Completed on schedule, the building maintains a 3.7/5 resident satisfaction rating and operates at a competitive service charge of AED 11 per square foot annually.
• Al Waleed Residences, Dubai (2016): A mid-rise development featuring a mix of one and two-bedroom apartments plus eight duplex units.
• Al Waleed Garden Phase 1, Al Jaddaf (2019): A 17-storey, 154-unit tower with one to three-bedroom apartments and ground-floor retail, completed in Q3 2019.
• Al Waleed Garden 2, Al Jaddaf (completed): A 173-unit development featuring studios, one and two-bedroom apartments, and two retail units.

Al Waleed WS 1 represents the developer's strategic expansion into the Dubailand/DLRC market, diversifying beyond their established Al Jaddaf and JLT footprint to capture the growth opportunity in Dubai's mid-market residential segment. The project's service charge is set at AED 14 per square foot annually, consistent with the developer's philosophy of maintaining affordable operational costs for residents.

Investment Potential and Market Performance

Al Waleed WS 1's investment case rests on DLRC's exceptional growth trajectory and the structural advantages of entering the market during its current expansion phase:

Price Appreciation: DLRC has demonstrated remarkable capital growth, with property values appreciating approximately 75% since 2018, according to market tracking data. In the six months from April to October 2025 alone, average price per square foot increased by 11.9%, rising from AED 650 to AED 1,332 per square foot. Market analysts project continued annual appreciation of 8–10%, driven by population growth, infrastructure development, and DLRC's growing reputation as a value alternative to saturated communities.

Rental Yields: DLRC delivers competitive gross rental yields that outperform many established Dubai communities:

• Studios: 6.3–7.5% (with fully furnished studios achieving up to 10%)
• One-bedroom: 6.2%
• Two-bedroom: 4.9%
• Three-bedroom: 6.1%

These yields compare favourably to the Dubai-wide apartment average of approximately 5.5–6.5%, according to Property Monitor data.

Transaction Volume: DLRC's market liquidity is demonstrated by robust transaction volumes — 3,721 sales transactions in H1 2025 (totalling AED 3.0 billion) and 8,095 rental transactions over the trailing 12 months (totalling AED 375.9 million). This depth of market activity provides confidence in both exit liquidity and rental demand.

Metro Blue Line Catalyst: The most significant medium-term value driver for DLRC is the planned Metro Blue Line, expected to reach completion around 2029. Historical precedent in Dubai shows that metro station proximity can increase property values by 15–25% following operational launch. Al Waleed WS 1 buyers who secure units at current pre-handover prices are positioned to benefit from this infrastructure catalyst.

Value Positioning: At AED 1,300–1,410 per square foot, Al Waleed WS 1 is priced 20–30% below comparable units in JVC, Dubai's most transacted apartment community. This discount provides both immediate rental yield advantage and capital appreciation headroom as DLRC's market matures toward pricing parity with established mid-market communities.

UAE Investment Benefits: Freehold ownership is available to all nationalities, with zero personal income tax, zero capital gains tax, and eligibility for the 10-year UAE Golden Visa for property investments exceeding AED 2 million. While individual Al Waleed WS 1 units are priced below the Golden Visa threshold, investors acquiring multiple units can aggregate their holdings to meet the requirement.