Palm JumeirahAED 3,627/sqftDubai Maritime CityAED 3,134/sqftDowntown DubaiAED 2,917/sqftDubai IslandsAED 2,754/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,559/sqftDubai MarinaAED 2,495/sqftDubai Hills EstateAED 2,441/sqftJumeirah Lakes TowersAED 2,283/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,049/sqftJumeirah Village TriangleAED 1,662/sqftDubai SouthAED 1,648/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,503/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm JumeirahAED 3,627/sqftDubai Maritime CityAED 3,134/sqftDowntown DubaiAED 2,917/sqftDubai IslandsAED 2,754/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,559/sqftDubai MarinaAED 2,495/sqftDubai Hills EstateAED 2,441/sqftJumeirah Lakes TowersAED 2,283/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,049/sqftJumeirah Village TriangleAED 1,662/sqftDubai SouthAED 1,648/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,503/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026

Dubai Land Department register

1 Residences

CompletedWasl 1Completion on file Sep 2022

758 homes on the DLD register in Al Kifaf, filed by Park 1 L.L.C. 56 sales have been registered against it between 28 Apr 2025 and 7 Sep 2026.

Construction completeCompleted

Recorded at DLD's site inspection of 28 Sep 2022. That is an inspector's last visit, not today — the site has moved on since.

Developer entityPark 1 L.L.C
Area (DLD)Al Kifaf
StatusCompleted
Homes758
Registered sales56
Project registry

WHAT DLD HAS ON RECORD

Registry as at 15 Jun 2026
Registered developer entityPark 1 L.L.C
Area (DLD)Al Kifaf
Master communityWasl 1
Project statusCompleted
Construction progress100.00% complete (DLD inspection, 28 Sep 2022)
Homes registered758
Buildings2
Registered start1 Aug 2019
Registered completion date28 Sep 2022
DLD project number2368
Description as recorded by DLD

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

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankEmirates Nbd Bank (P.J.S.C)
Escrow account0205256122104

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 8 Sep 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 15 Jun 2026; the project status and escrow details as at 8 Sep 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Sep 2022.

Registered sales

WHAT HAS ACTUALLY BEEN PAID HERE

DLD register · as at 7 Sep 2026

56 sales were registered against 1 Residences between 28 Apr 2025 and 3 Jul 2026 — a span of 15 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
1,994
Across 56 registered sales
Median price
AED 2.75m
Median size 1,401 sqft
Registered sales
56
Register covers 28 Apr 2025 to 7 Sep 2026
Vs area median
-9.0%
Al Kifaf: 2,192 AED/sqft, 300 sales, all registration types, 12 months to 7 Sep 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 7 Sep 2026). The area figure covers all registration types in Al Kifaf over the 12 months to 7 Sep 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter

No quarter in the window reached 20 registered sales, which is the minimum we require before plotting a point or quoting a change. Drawing a line through thinner quarters would turn a handful of deals into a trend.

By unit size
TypeSalesMedian sizeMedian AED/sqft
1 bedroom18924 sqft1,894
2 bedrooms251,429 sqft1,997
3 bedrooms131,844 sqft2,573

A median is shown only where the band reached 5 registered sales and the project itself cleared the 10-sale floor; otherwise the count stands on its own and the median is left blank. Where a project is below that floor, a band median would be the project median under a different heading.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion0
Registered after completion561,994

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A median is shown on each side only where the band reached 5 registered sales and the project itself cleared the 10-sale floor — below that floor the counts stand alone, because where every sale falls on one side its median is the project median restated.

Buildings in the register
BuildingSales
1 Residences - 123
1 Residences - 218
The last 12 registrations to 7 Sep 2026
DateTypeUnitSizePriceAED/sqft
3 Jul 2026Existing2 bedrooms1,502 sqftAED 2,750,0001,831
29 Jun 2026Existing2 bedrooms1,507 sqftAED 2,675,0001,775
24 Jun 2026Existing1 bedroom932 sqftAED 1,700,0001,824
18 Jun 2026Existing1 bedroom924 sqftAED 1,750,0001,894
17 Jun 2026Existing2 bedrooms1,397 sqftAED 2,450,0001,754
5 Jun 2026Existing3 bedrooms1,711 sqftAED 4,390,7772,567
4 Jun 2026Existing2 bedrooms1,502 sqftAED 2,950,0001,964
19 May 2026Existing1 bedroom934 sqftAED 2,100,0002,249
29 Apr 2026Existing1 bedroom887 sqftAED 1,690,0001,906
17 Apr 2026Existing2 bedrooms1,492 sqftAED 3,250,0002,179
15 Apr 2026Existing2 bedrooms1,493 sqftAED 3,288,0002,202
14 Apr 2026Existing1 bedroom934 sqftAED 1,820,0001,949

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 10020,000. Figures are medians, not averages. The register we hold runs from 28 Apr 2025 to 7 Sep 2026; 28 Apr 2025 is the earliest date in our copy of the register, not the date this project started selling, so the counts above are of sales registered in that window rather than since launch. This page is a dated extract taken on 8 Sep 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Location

WHAT THE REGISTER RECORDS NEARBY

Nearest metroAl Jafiliya Metro Station
Nearest mallDubai Mall
Nearest landmarkBurj Khalifa

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT 1 Residences

This page is the public register — the project record as at 15 Jun 2026, and the transaction register to 7 Sep 2026.

  • AVAILABILITY

    On the register

    758 homes

    From the DLD project record as at 15 Jun 2026, filed at status “Completed” as at 8 Sep 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    56 registered sales

    Prices already paid, registered between 28 Apr 2025 and 7 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

Tell us your budget and objective and we will come back with the current position.

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