Wasl Avenue Park Towers

Avenue Park Towers is a mixed-use pair of towers in Wasl 1, next to Zabeel Park. The development offers 1 to 3-bedroom apartments and 3 to 4-bedroom duplexes from 717 to 4,645 sqft. Every home includes a private balcony facing the park or skyline. Retail and office floors sit within the same towers. Handover is set for Q3 2029.

• Developer: Wasl Properties

• Location: Wasl 1, Za'abeel

• Buildings: Two mixed-use towers

• Unit types: 1-3 bedroom apartments, 3-4 bedroom duplexes

• Starting price: AED 1.5M

• Handover: Q3 2029

• Payment plan: 60/40

• Ownership: Freehold, all nationalities

• Adjacent to Zabeel Park

• Office and retail floors included

• Direct frontage on Zabeel Park

• Mixed-use towers with office and retail floors

• Central Za'abeel location near Downtown Dubai

• Only 5% required to book

• Freehold ownership for all nationalities

• Golden Visa eligibility above AED 2M

• Wide unit mix from 1-bedroom to 4-bedroom duplex

• EV and e-bike charging stations included

• Government-linked developer track record

• 10-15 minutes to Downtown Dubai and Business Bay

• Metro and bus access within Wasl 1

• Strong demand from working professionals

• Directly adjacent to Zabeel Park

• 10-15 minutes to Downtown Dubai

• 10-15 minutes to Business Bay

• Next to Sheikh Zayed Road, Dubai's main artery

• Near the Dubai Frame and illuminated gardens

• Metro station and bus stops within Wasl 1

• Close to educational institutions in Za'abeel

• 10 minutes to Dubai Mall entertainment district

• Central location for daily commuters

• Mixed-use setting reduces need to travel for work or retail

Avenue Park Towers blends residential comfort with everyday retail and office convenience.

• Adult swimming pool

• Dedicated shallow pool for children

• Gym with sauna

• Children's play area

• BBQ stations

• Multi-purpose hall for events and celebrations

• EV and e-bike charging points

• Ground-floor retail units

• Office floors within the towers

• 24-hour security and CCTV

• Private balconies on every unit

• Dedicated visitor parking

• 1 Bedroom Apartment - Size: 717 to 950 Sqft, Floors: Low to mid-rise, 1 Bedroom, 2 Bathrooms, Parking: 1 Space, Park or city view, Price AED 1,500,000 Plus

• 2 Bedroom Apartment - Size: 1,100 to 1,450 Sqft, Floors: Low to mid-rise, 2 Bedrooms, 2 Bathrooms, Parking: 1 Space, Park view, Price AED 1,900,000 Plus

• 3 Bedroom Apartment - Size: 1,600 to 2,100 Sqft, Floors: Low to mid-rise, 3 Bedrooms, 3 Bathrooms, Parking: 2 Spaces, Park and skyline view, Price AED 3,200,000 Plus

• 3 Bedroom Duplex - Size: 2,800 to 3,500 Sqft, Floors: Low to mid-rise, 3 Bedrooms, 4 Bathrooms, Parking: 2 Spaces, Panoramic park view, Price AED 6,900,000 Plus

• 4 Bedroom Duplex - Size: 3,800 to 4,645 Sqft, Floors: Low to mid-rise, 4 Bedrooms, 5 Bathrooms, Parking: 2 Spaces, Panoramic park and skyline view, Price AED 11,700,000 Plus

• 5% on booking

• 55% during construction

• 40% on handover

• Handover: Q3 2029 (September 2029)

Market Snapshot

• Mixed-use towers directly on Zabeel Park

• Wide price range from AED 1.5M to AED 11.7M

• Annual 1-bedroom rents in Wasl 1 start near AED 95,000

• Handover set for Q3 2029

Rental Yield

• Projected yield: 6-7%

• Central Za'abeel location drives strong tenant demand

• Mixed-use setting supports both residential and office tenants

Capital Appreciation

• Zabeel Park frontage supports long-term premium pricing

• Central, well-connected district with limited new land supply

• Government-backed developer reduces delivery risk

Price Per Sqft Value

• Entry around AED 2,000-2,100 per sqft on 1-bedroom units

• Duplex pricing reflects premium park-front positioning

Key Risk to Note

• Off-plan, Q3 2029 handover is a longer horizon

• Mixed-use towers may carry different service charge structures

• High-value duplexes appeal to a narrower buyer pool

What makes Avenue Park Towers unique?

It combines residential, office and retail space in twin towers directly beside Zabeel Park.

How is the final payment handled?

The closing 40% is due on handover, expected Q3 2029.

Will the property appreciate?

Zabeel Park frontage and central location support long-term capital growth.

What rental income can I expect?

Investors can expect roughly 6-7% gross rental yield.

Who is the developer?

Wasl Properties, Dubai's government-linked real estate and asset management group.