1 Residences at Wasl1 opens sales at East Tower with handover in two months

1 Residences at Wasl1 opens sales at East Tower with handover in two months

United Arab Emirates, Dubai: LUXHABITAT Sotheby’s International Realty is appointed by wasl Asset Management Group to exclusively manage the sales for the development project of 1 Residences Tower East in Za’abeel 1. The second tower, Tower East at 1 Residences, a luxury residential complex located in the wasl1 master development has just been launched. This development is set for handover in October 2022 and is conveniently located at Za’abeel 1, offering impressive views of Dubai’s modern skyline and the charming Old Dubai through the Dubai Frame. The one, two and three-bedroom apartments start from a price point of AED 1.32 million.

The release of sales in Tower East follows the success of Tower West(1), where the majority of the apartments are already sold.

“From overseas investors looking for healthy returns on their investment to skilled workers moving to Dubai, the real estate sector is showing signs of sustained momentum and demand. Last quarter the most popular property type sold within the luxury segment were ready-to-move-in projects, continuing to outperform the off-plan market. As the biggest luxury real estate platform in the region, our focus remains to be associated with projects such as 1 Residences that will deliver investors continued capital appreciation apart