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1 Residence, Al Wasl: Building Information, Amenities, and Investment Potential

Home to the world’s highest running track in an apartment building, 1 Residence brings something genuinely different to the Al Wasl area. It’s a contemporary mid-rise building with just few floors and an intimate feel. The building sits right on Al Wasl Road in Jumeirah, one of Dubai’s most established residential neighborhoods.

What makes this building special is its focus on larger apartments with premium finishes in an area dominated by older villas and smaller buildings. The design blends contemporary elements with subtle Arabic influences, creating a distinctive look without going over the top.

 

Where Is 1 Residence Located In Dubai?

1 Residence sits in a prime spot on Al Wasl Road, and it’s:

  • 10 minutes to Downtown Dubai
  • 15 minutes to Dubai International Airport
  • 8 minutes to Jumeirah Beach
  • 10 minutes to DIFC
  • 7 minutes to City Walk
  • 15 minutes to Dubai Marina
  • 5 minutes to Box Park
  • 12 minutes to La Mer Beach

If you’ve booked a stay in a 1 Residence apartment, you can relax knowing the building’s location puts you on the main road with good connections – and in an established area. Taxis (Uber, Bolt, Careem, etc) are a lot here, and while there’s no metro nearby, the central location means most places are just a short drive away.

The best part? You’re surrounded by the amenities of Jumeirah – cafes, boutiques, and spots that have been around for years.

 

What Building Features Are Available at 1 Residence, Al Wasl?

Image showing an apartment at 1 Residence Al Wasl

Image by Homevy

1 Residence has building features that include:

  • Generous ceiling heights
  • Noise insulation between units
  • Windows that are properly sealed against heat and dust
  • An even AC distribution
  • A consistent water pressure
  • Materials and finishes hold up well to daily use
  • The mid-rise format means elevator waits are minimal
  • Security systems are effective without being intrusive

 

What Amenities Do Residents Have Access to at 1 Residence?

Amenities at 1 Residence

Image by Homevy

The amenities at 1 Residence focus on quality over quantity. This includes:

  • The world’s highest running track
  • A well-proportioned swimming pool that’s properly maintained
  • A fitness center with good-quality equipment
  • Landscaped areas with mature plants and shade
  • Secure underground parking with generous spaces
  • A welcoming lobby with seating areas
  • 24-hour security that recognizes residents
  • A children’s play area that kids actually enjoy
  • Storage facilities for residents

 

What Apartment Types Are at 1-Residence?

1 Residence offers generous apartments tailored to long-term living:

  • One-bedroom units from 900-1,100 sq ft
  • Two-bedrooms from 1,400-1,600 sq ft
  • Three-bedrooms from 1,800-2,100 sq ft
  • Four-bedroom apartments from 2,400-2,700 sq ft

 

What Dubai Views Can You Expect from 1-Residence Al Wasl?

views from Al Wasl

Image by Homevy

Being a mid-rise building in an established area means you’ll get great Dubai views from 1-Residence:

  • Some units face Al Wasl Road with street views
  • Others look toward the quieter residential areas of Jumeirah
  • Upper floors catch glimpses of Downtown Dubai skyline
  • A few apartments have partial sea views in the distance

The views here connect you to the neighborhood. The established trees and villas of Jumeirah create a more human feel too. Light pollution is also less severe than in high-density districts, giving you better natural light during the day and more reasonable ambient light at night.

 

What’s Within Walking Distance of 1 Residence in Dubai?

This is where 1 Residence truly makes sense – it’s in a genuinely walkable neighborhood:

  • Multiple cafes and restaurants along Al Wasl Road
  • Several supermarkets including Spinneys and small grocers
  • Local boutiques and specialty shops
  • Beauty salons and barber shops
  • Pharmacies and medical clinics
  • Banks and ATMs
  • Small parks and green spaces
  • Mosques for daily prayers

The walkability factor is a huge quality-of-life boost, especially during the cooler months. Being able to stroll to dinner or grab coffee without getting in a car is surprisingly rare in Dubai, and something residents really appreciate.

 

What Are the Top Dubai Attractions and Things to Do Near 1 Residence?

Living at 1 Residence puts you right in the heart of Jumeirah with its unique mix of old and new Dubai. Jumeirah Beach is just 8 minutes away – a stretch of sand that’s popular with both tourists and locals, but never as crowded as JBR. The vibrant Box Park district sits just 5 minutes from your door, offering trendy restaurants and boutiques in repurposed shipping containers.

Image showing apartment in 1 Residence

Image by Homevy

For everyday recreation, Safa Park is nearby with extensive green spaces and walking paths. Jumeirah Archeological Site offers a fascinating glimpse into Dubai’s past, while the Dubai Water Canal promenade provides a beautiful setting for evening walks. City Walk is 7 minutes away with its mix of high-end retail, dining, and entertainment.

Families appreciate the proximity to Jumeirah’s excellent schools, many within a 5-10 minute drive. The area is home to numerous independent cafes and restaurants that have been local favorites for years, giving you authentic dining experiences beyond the usual chains. What makes these attractions special is how they’re woven into a real neighborhood – this isn’t an artificial district created from scratch but an area with genuine character and history.

 

Restaurants Around 1-Residence Al Wasl: Where Can You Eat?

Within Walking Distance:

  • Karam Beirut – Authentic Lebanese with excellent mezze
  • Arabian Tea House – Charming traditional setting with Emirati dishes
  • Surf Cafe – Great breakfast and healthy options
  • Pinza – Fantastic Roman-style pizza
  • Parkers – Excellent coffee and brunch menu

Short Drive Away (5-10 minutes):

  • Orfali Bros Bistro – Creative modern cuisine worth booking ahead
  • Bait Maryam – Homestyle Levantine cooking with soul
  • 3 Fils – Unpretentious Asian-inspired seafood that exceeds expectations
  • Masti – Indian fusion that actually works
  • Avli by Tashas – Upscale Greek in a beautiful setting

The restaurant environment around 1 Residence includes both old Dubai classics and exciting new restaurants. You get everything from simple shawarma joints to fine dining.

 

How Does 1 Residence Perform as an Investment?

image showing 1 Residence bedroom

Image by Homevy

Here’s the straight talk on investment potential:

Investment Factor What to Expect
Rental Yield 5-6%
Short-Term Premium 20-30% over long-term rates
Typical Occupancy 80-90% for short-term rentals
Value Appreciation 6-8% annually since completion
Price Comparison 15-20% premium over older Al Wasl buildings
Break-Even Period 16-18 years

1 Residence offers lower rental yields than some areas due to its premium positioning and prices. However, it makes up for this with better capital appreciation and extremely stable demand. Its unique location also means your investment is protected from the oversupply issues that sometimes affect newer areas.

The property particularly appeals to families and professionals seeking quality, creating a stable tenant pool willing to pay premium rates for the location and build quality.

 

What Should Owners Know About Managing a 1-Residence Property?

If you’re buying as an investment:

  • Short-term rental permits are straightforward to obtain
  • Maintenance fees run around AED 16-18 per square foot yearly
  • Property management typically costs 5-7% for yearly leases
  • Units facing Al Wasl Road might experience some traffic noise
  • The tenant mix is primarily professionals and families
  • Building management is responsive and maintenance is handled promptly
  • Most tenants stay multiple years, reducing turnover costs

The property works particularly well for long-term rentals to professionals and families. The location attracts quality tenants willing to pay premium rates for a well-built apartment in an established neighborhood with character. While short-term rentals are viable, the real value is in longer leases to reliable tenants who appreciate the building’s quality and location.

 

What Do Tenants and Guests Love About Living at 1 Residence?

Guests or tenants who rent at 1 Residence consistently highlight:

Image showing Al Wasl' 1 Residence

  • The neighborhood feel compared to newer, more artificial districts
  • Being able to walk to cafes, shops, and basic services
  • The build quality and attention to detail throughout
  • Having proper space for comfortable living
  • The responsive management and maintenance
  • The security and overall upkeep of the building
  • The convenience of the location for accessing all parts of Dubai

These factors contribute to high tenant satisfaction and excellent retention rates. Many renters renew their leases multiple times, which saves investors the costs associated with finding new tenants each year.

 

Outro: Should You Consider 1 Residence As a Guest or Property Owner?

1 Residence offers something truly valuable in Dubai – quality living in a real neighborhood. For owners, the 5-6% yields might not match Business Bay towers’, but you get exceptional tenant/guest stability and stronger appreciation in this established area.

For guests, staying here means experiencing all of Dubai. You can easily walk to local cafes, shops and restaurants. The generous apartments also provide genuine comfort, not just investment-grade boxes. While it costs more upfront than some alternatives, 1 Residence delivers what matters most – a building that works well in a convenient location.

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