Al Wasl registered rents and rental yield checks
Al Wasl rental prices vary by project. The current published DLD rental observations record 1,057 apartment observations across 19 source projects in Al Wasl. In that set, Canal Front Residences CF1 & CF2 has a median annual rent of AED 200,000 across 63 observations. The sample combines apartment sizes and bedrooms. It is recorded rental evidence, not today’s asking rent or a promised rental yield.
Source window through 2 Nov 2026. Editorial review date and source coverage are separate.
What annual rents were recorded by project?
Use the exact recorded project label. The wider Al Wasl source district can contain apartments with different sizes and specifications, so a project median is a starting point for a comparable-rent check.
| Source project | Median annual rent | Annual AED / sq ft | Observations |
|---|---|---|---|
| Canal Front Residences CF1 & CF2 | AED 200,000 | AED 149 | 63 |
| Canal Front Residences-CF3&CF4 | AED 177,996 | AED 140 | 21Small sample; descriptive only |
| Canal Front Residences-CF5&CF6 | AED 225,000 | AED 142 | 52 |
| Canal Front Residences-CF7 & CF8 & CF9 | AED 205,000 | AED 139 | 100 |
| Castleton | AED 151,250 | AED 163 | 38 |
| Celadon | AED 160,000 | AED 143 | 80 |
| Central Park at City Walk -Building 1 | AED 200,000 | AED 164 | 62 |
| Erin | AED 150,000 | AED 159 | 52 |
Mixed sizes and bedrooms. Exact source project labels are not a verified match to a marketing building. Medians use the same post-filter observations. The listed projects are a subset of the 19 published projects in this source area. No current asking rents, short-stay revenue or predicted rent growth are included.
What did apartments in this source area sell for?
Recorded sales in the same source area give the purchase side of a yield check. Divide a supported annual rent by a comparable purchase price for a gross-yield scenario, then add the acquisition and recurring costs; the two tables are not matched sale-and-rent pairs.
| Apartment | Median AED / sq ft | Registered sales | Latest sale |
|---|---|---|---|
| 1 bedroom | AED 2,808 | 19Small sample; descriptive only | 23 Oct 2026 |
| 2 bedroom | AED 2,945 | 13Small sample; descriptive only | 16 Oct 2026 |
| 3 bedroom | AED 3,128 | 1Small sample; descriptive only | 21 Aug 2026 |
| 4 bedroom | AED 3,290 | 1Small sample; descriptive only | 30 Sept 2026 |
How should I use this in a rental yield check?
Start with the actual apartment: purchase price, internal area, bedroom count, condition and occupancy. Obtain comparable signed rents for that same building and layout. The project figures help you judge whether a proposed rent needs more evidence; they do not supply an automatic rent for the unit.
Keep gross rent separate from money left after costs. Enter the supported rent, service charges, vacancy allowance, maintenance, management and financing in the calculator. Change uncertain inputs to see how the result moves.
For a tenanted purchase, review the actual contract, payment schedule and obligations. A historical source observation cannot confirm today’s tenancy terms, available asking price or whether an advertised home is vacant.
Questions before you buy
What are recorded rents in Al Wasl?
Al Wasl rental prices vary by project. The current published DLD rental observations record 1,057 apartment observations across 19 source projects in Al Wasl. In that set, Canal Front Residences CF1 & CF2 has a median annual rent of AED 200,000 across 63 observations. The sample combines apartment sizes and bedrooms. It is recorded rental evidence, not today’s asking rent or a promised rental yield.
Can I calculate rental yield from these medians?
Not reliably. A project rent median combines different apartment sizes and bedrooms. Divide a supported annual rent for the actual apartment by its purchase price for a gross-yield scenario; include acquisition costs and recurring expenses for the investment decision. These project medians are not matched sale-and-rent pairs.
Are these unique rental contracts?
No. Counts describe deduplicated source observations after the existing publication checks. The source does not provide an official unique-contract identity for these aggregates. A count of one remains visible and describes only that observation.
Source, scope and methodology
Source: DLD open rental data. Counts are deduplicated source observations, not unique contracts. The existing publication applies its outlier policy and groups exact source area and project labels. Mixed apartment sizes and all source room values remain in scope. A small sample is descriptive evidence only. Project figures have no financial authority and are not used to manufacture a yield.