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Download GuideHome 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.
1 Residence sits in a prime spot on Al Wasl Road, and it’s:
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.
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1 Residence has building features that include:
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The amenities at 1 Residence focus on quality over quantity. This includes:
1 Residence offers generous apartments tailored to long-term living:
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Being a mid-rise building in an established area means you’ll get great Dubai views from 1-Residence:
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.
This is where 1 Residence truly makes sense – it’s in a genuinely walkable neighborhood:
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.
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.
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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.
Within Walking Distance:
Short Drive Away (5-10 minutes):
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.
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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.
If you’re buying as an investment:
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.
Guests or tenants who rent at 1 Residence consistently highlight:
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.
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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