by ALTA REAL ESTATE DEVELOPMENT L.L.C·AL WASLResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress50.0%
Project Start
Sep 11, 2021
Expected Handover
Jan 27, 2027
156 days remaining
Official Status
ACTIVE
Total Units
169
Avg Unit Size
3623 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 10.03M
PSF
AED 3,982/sqft
Sales 12M
16
vs Area
+144.5%
Asset Turnover
ⓘ
9.5%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
169
Avg Unit Size
3623 sqft
2BR
40.2%4BR+
17.8%1BR
2.4%3BR
39.1%NA
0.6%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 68 | 40.2% |
| 3BR | 66 | 39.1% |
| 4BR+ | 30 | 17.8% |
| 1BR | 4 | 2.4% |
| NA | 1 | 0.6% |
Price & Volume Trend
Unit Liquidity Matrix
⚠️ Ghost Units DetectedCompares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 2BR | 40.5% 68 units | 66.7% 26 sold | 1.65 | 🔥 HIGH DEMAND |
| 3BR | 39.3% 66 units | 33.3% 13 sold | 0.85 | ✓ BALANCED |
| 4BR+ | 17.9% 30 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 1BR | 2.4% 4 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
22 Jul 2026 | AL WASL | 3BR | AED 15.18M | AED 4,728/sqft | Off-plan | Freehold | |
14 May 2026 Published 15 May 2026 | AL WASL | 2BR | AED 9.89M | AED 4,393/sqft | Off-plan | Freehold | |
13 May 2026 | AL WASL | 2BR | AED 8.74M | AED 3,765/sqft | Off-plan | Freehold | |
28 Apr 2026 | AL WASL | 2BR | AED 8.51M | AED 3,658/sqft | Off-plan | Freehold | |
22 Apr 2026 Published 23 Apr 2026 | AL WASL | 3BR | AED 13.80M | AED 4,426/sqft | Off-plan | Freehold | |
9 Apr 2026 Published 10 Apr 2026 | AL WASL | 3BR | AED 11.56M | AED 3,719/sqft | Off-plan | Freehold | |
2 Apr 2026 | AL WASL | 2BR | AED 8.54M | AED 3,622/sqft | Off-plan | Freehold | |
30 Mar 2026 | AL WASL | 2BR | AED 10.84M | AED 4,735/sqft | Off-plan | Freehold | |
24 Mar 2026 | AL WASL | 3BR | AED 11.49M | AED 3,810/sqft | Off-plan | Freehold | |
13 Mar 2026 Published 16 Mar 2026 | AL WASL | 3BR | AED 11.99M | AED 3,810/sqft | Off-plan | Freehold | |
9 Mar 2026 | AL WASL | 2BR | AED 8.96M | AED 3,926/sqft | Off-plan | Freehold | |
4 Mar 2026 | AL WASL | 2BR | AED 8.72M | AED 3,654/sqft | Off-plan | Freehold | |
4 Mar 2026 | AL WASL | 2BR | AED 8.10M | AED 3,518/sqft | Off-plan | Freehold | |
2 Mar 2026 | AL WASL | 3BR | AED 12.56M | AED 4,163/sqft | Off-plan | Freehold | |
29 Jan 2026 | AL WASL | 2BR | AED 10.37M | AED 4,519/sqft | Off-plan | Freehold | |
27 Jan 2026 Published 28 Jan 2026 | AL WASL | 2BR | AED 11.97M | AED 5,024/sqft | Off-plan | Freehold | |
23 Jan 2026 Published 26 Jan 2026 | AL WASL | 2BR | AED 11.52M | AED 5,177/sqft | Off-plan | Freehold | |
19 Jan 2026 Published 20 Jan 2026 | AL WASL | 3BR | AED 13.46M | AED 4,399/sqft | Off-plan | Freehold | |
19 Jan 2026 | AL WASL | 2BR | AED 9.64M | AED 4,118/sqft | Off-plan | Freehold | |
13 Jan 2026 | AL WASL | 2BR | AED 10.77M | AED 4,672/sqft | Off-plan | Freehold | |
6 Jan 2026 | AL WASL | 3BR | AED 13.24M | AED 4,260/sqft | Off-plan | Freehold | |
6 Jan 2026 | AL WASL | 2BR | AED 9.31M | AED 3,872/sqft | Off-plan | Freehold | |
6 Jan 2026 | AL WASL | 2BR | AED 8.52M | AED 3,640/sqft | Off-plan | Freehold | |
31 Dec 2025 | AL WASL | 2BR | AED 9.32M | AED 3,866/sqft | Off-plan | Freehold | |
31 Dec 2025 | AL WASL | 2BR | AED 10.13M | AED 4,319/sqft | Off-plan | Freehold | |
31 Dec 2025 | AL WASL | 2BR | AED 9.57M | AED 4,162/sqft | Off-plan | Freehold | |
31 Dec 2025 | AL WASL | 2BR | AED 9.58M | AED 4,032/sqft | Off-plan | Freehold | |
26 Dec 2025 | AL WASL | 2BR | AED 8.86M | AED 3,783/sqft | Off-plan | Freehold | |
23 Dec 2025 | AL WASL | 3BR | AED 11.41M | AED 3,775/sqft | Off-plan | Freehold | |
27 Nov 2025 | AL WASL | 2BR | AED 8.60M | AED 3,776/sqft | Off-plan | Freehold |