Wasl One B Tower

One B Tower rises 47 storeys on the frontline of the Dubai Water Canal along Sheikh Zayed Road. UNStudio designed the tower around wellness, with three dedicated amenity levels. Units range from compact studios to an 11,000 sqft signature penthouse. The project carries global prestige as the world's only "Charity Tower," donating proceeds from ten units to the 1 Billion Meals Endowment. Handover is set for Q4 2028.

• Developer: Wasl Properties

• Location: Sheikh Zayed Road, Dubai Water Canal frontage

• Architect: UNStudio

• Height: 47 storeys

• Unit types: Studio to 4-bedroom, duplexes, penthouse

• Starting price: AED 2.49M

• Handover: Q4 2028

• Payment plan: 60/40 with 6-month instalment holiday

• Ownership: Freehold, all nationalities

• Panoramic Safa Park and skyline views

• Frontline position on the Dubai Water Canal

• Designed by globally renowned firm UNStudio

• World's only "Charity Tower" with royal patronage

• Panoramic Safa Park and skyline views

• Three dedicated wellness and amenity levels

• Only 5% required to book

• 6-month instalment holiday during construction

• Golden Visa eligibility above AED 2M

• High-liquidity trophy asset positioning

• 7-10 minutes to Downtown Dubai

• Freehold ownership for all nationalities

• Limited to 10 exclusive units at current pricing

• Frontline position on the Dubai Water Canal

• Direct access to the 6.4 km canal boardwalk

• 7-10 minutes to Downtown Dubai

• Panoramic views of Safa Park and the Dubai skyline

• 20 minutes to Dubai International Airport

• Immediate frontage on Sheikh Zayed Road

• 5-minute drive to Jumeirah Beach

• Walking distance to waterfront dining and retail

• Cycling track reaches Jumeirah Beach in 20 minutes

• Jogging track offers a 25-minute route to the coast

One B Tower delivers a wellness-first amenity programme across three dedicated levels.

• Infinity pool overlooking the canal

• Grand Gym for strength training

• Functional training studio

• HIIT studio

• Yoga and meditation studios

• In-house cinema

• Resident lounge

• On-site restaurants

• Sauna

• Private library

• Co-working area

• Billiard room

• Dedicated zen room

• Multipurpose event rooms

• BBQ terraces

• Studio - Size: 458 to 600 Sqft, Floors 1 to 47, Studio, 1 Bathroom, Parking: 1 Space, Canal or skyline view, Price AED 2,490,000 Plus

• 1 Bedroom - Size: 700 to 950 Sqft, Floors 1 to 47, 1 Bedroom, 2 Bathrooms, Parking: 1 Space, Canal view, Price AED 2,490,000 Plus

• 2 to 4 Bedroom Apartments - Size: 1,100 to 3,500 Sqft, Floors 1 to 47, 2 to 4 Bedrooms, 3 to 5 Bathrooms, Parking: 2 Spaces, Canal and skyline view, Price On Request

• Sky Villas and Pool Villas (Duplex) - Size: 3,500 to 9,500 Sqft, Floors 1 to 47, 3 to 5 Bedrooms, 5+ Bathrooms, Parking: 2+ Spaces, Panoramic canal and Safa Park view, Price On Request

• Signature Penthouse - Size: Approximately 11,000 Sqft, Top Floor, 5+ Bedrooms, 6+ Bathrooms, Parking: 3+ Spaces, 360-degree canal and skyline view, Price On Request

• 5% on booking

• 55% during construction, with a 6-month instalment holiday

• 40% on handover

• Handover: Q4 2028

• Currently limited to 10 exclusive units

Market Snapshot

• Trophy-asset positioning on the Dubai Water Canal

• Only 10 units currently available at this price tier

• Starting price AED 2.49M for a 1-bedroom

• UNStudio design adds global architectural prestige

Rental Yield

• Projected yield: 4-5%

• Premium canal-front tenants pay a rent premium

• Limited supply supports rental pricing power

Capital Appreciation

• High-liquidity trophy asset supports resale demand

• Charity Tower status carries global prestige value

• Frontline canal position limits future competing supply

Price Per Sqft Value

• Entry price reflects ultra-luxury canal-front positioning

• Comparable to top-tier Downtown and DIFC waterfront pricing

Key Risk to Note

• Off-plan, Q4 2028 handover

• High entry price limits buyer pool

• Premium segment more sensitive to market cycles

What makes One B Tower unique?

It is the world's only "Charity Tower," designed by UNStudio on the Dubai Water Canal frontline.

How is the final payment handled?

The closing 40% is due on handover in Q4 2028, after a 55% construction-linked schedule with a 6-month holiday.

Will the property appreciate?

Frontline canal scarcity and global prestige support long-term capital growth.

What rental income can I expect?

Investors can expect roughly 4-5% gross rental yield on this trophy asset.

Who is the developer?

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