New homes in New Project at Al Wasl Gate start at AED 624,900; keys are due Jun 2028; you pay 20% to book, 40% while it is built and 40% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 177 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Wasl Gate. Their median price is AED 1,719 per sq ft (about AED 615,000 at 358 sq ft). This project's from price is AED 1,746 per sq ft (AED 624,900 for its smallest home, 358 sq ft), 2% more.
Keys
Jun 2028
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
Studio to 2 beds
Sizes
358 to 1,350 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,746 per sq ft
Similar off-plan homes: AED 1,719 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 20% when you book, 40% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 124,980+ AED 24,996 DLD fee
AED 149,976
Feb 2027While it is built · 6.7%
While it is built
6.7%
AED 41,660
AED 191,636
Apr 2027While it is built · 6.7%
While it is built
6.7%
AED 41,660
AED 233,296
Jul 2027While it is built · 6.7%
While it is built
6.7%
AED 41,660
AED 274,956
Oct 2027While it is built · 6.7%
While it is built
6.7%
AED 41,660
AED 316,616
Jan 2028While it is built · 6.7%
While it is built
6.7%
AED 41,660
AED 358,276
Mar 2028While it is built · 6.7%
While it is built
6.7%
AED 41,660
AED 399,936
Jun 2028Keys · 40%
Keys
40%
AED 249,960
AED 649,896
Booking payment, 20%
AED 124,980
Dubai Land Department fee (Oqood), 4%
AED 24,996
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 149,976
Total costPrice plus the DLD fee
AED 649,896
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 177 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Wasl Gate, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Wasl Gate, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 177 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Wasl Gate, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,719 per sq ft
AED 1,369 to AED 1,460 per sq ft
7 sales
AED 1,460 to AED 1,552 per sq ft
16 sales
AED 1,552 to AED 1,643 per sq ft
24 sales
AED 1,643 to AED 1,735 per sq ft
54 sales
AED 1,735 to AED 1,826 per sq ft
52 sales
This project's from price is in this band.
AED 1,826 to AED 1,917 per sq ft
13 sales
AED 1,917 to AED 2,009 per sq ft
10 sales
AED 2,009 to AED 2,100 per sq ft
1 sale
AED 1,369 per sq ftAED 2,100 per sq ft
This project AED 1,746 per sq ft
Half of the sales sold for AED 1,633 to AED 1,765 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,369 to AED 1,460 per sq ft
7
AED 1,460 to AED 1,552 per sq ft
16
AED 1,552 to AED 1,643 per sq ft
24
AED 1,643 to AED 1,735 per sq ft
54
AED 1,735 to AED 1,826 per sq ft
52
AED 1,826 to AED 1,917 per sq ft
13
AED 1,917 to AED 2,009 per sq ft
10
AED 2,009 to AED 2,100 per sq ft
1
The 3 closest sales
Picked from the 177 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 499,900AED 1,395 per sq ftOMYA RESIDENCES, 358 sq ft
Aug 2026AED 506,900AED 1,414 per sq ftOMYA RESIDENCES, 358 sq ft
Jul 2026AED 649,900AED 1,813 per sq ftOMYA RESIDENCES, 358 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Wasl Gate in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 624,900 here
Off-plan medianAED 640,000AED 1,622 per sq ft
Sales769
2% above 177 similar sales
1-bed apartment
Off-plan medianAED 1,482,000AED 1,899 per sq ft
Sales2,227
2-bed apartment
Off-plan medianAED 2,147,000AED 1,663 per sq ft
Sales1,926
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
7.7%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
6.4%
Typical gross yield of similar ready homes
9.2%
Median rent of studio apartments in Wasl Gate
AED 48,000 a year
Service charge a year, from the keysThe area median, AED 17 per sq ft from 21 buildings, as of 2023, for the smallest home (358 sq ft)
AED 6,086
Rent contracts counted
3,597
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 48,000 a year
1-bed apartment
AED 70,000 a year
2-bed apartment
AED 100,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 48,000 ÷ AED 624,900 = 7.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Energy Metro Station1.1 km, 17 min walkMetro station
Jebel Ali Primary School1.2 km, 5 min driveSchool
The Winchester School2.5 km, 6 min driveBritish school
Emirates International School - Meadows6.9 km, 14 min driveIB school
Delhi Private School2.5 km, 6 min driveIndian school
New Project at Al Wasl Gate is a Pantheon Properties Limited building in Wasl Gate with studios to 2-bedroom apartments from AED 624,900, and handover listed for June 2028. The price check puts the from price per square foot 1.5% above 177 similar sales in Wasl Gate over the 12 months to November 2026.
The from price per square foot is 1.5% above 177 similar sales in Wasl Gate over the 12 months to November 2026. Compare the price per square foot of the unit you are offered with similar homes nearby.
The plan in the listing is 20% on booking, 40% during construction and 40% on handover. At the from price that is AED 124,980 to book, AED 249,960 during the build and AED 249,960 on handover in June 2028, about 19 months from now. A four-step version of the plan has also been quoted, so ask Pantheon for the current plan in writing. Separately, the 4% DLD fee comes to AED 24,996; ask when it is due.
The listing gives studios to two-bedroom homes from 358 to 1,350 sq ft; ask for the floor plan of your unit. The building is described as a branded residence; ask which brand runs it and what that adds to the service charge. Residents get a padel court, a children's pool, separate men's and ladies' gyms, a cinema and a yoga area.
By our map, Energy Metro Station is about 1.1 km away, around 5 minutes by car by our estimate. Live Care Clinic is about 1.1 km away and Jebel Ali Primary School about 1.2 km. Delhi Private School and The Winchester School are each about 2.5 km away. Jumeirah Lakes Towers and JBR beach are both about 12 minutes by car.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Wasl Gate, over the 12 months to each dateUp 5% from Dec 2024 to Sep 2026.
Dec 2024AED 1,550 per sq ft
Sep 2026AED 1,622 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,622 per sq ft
769 sales
Jun 2026
AED 1,616 per sq ft
769 sales
Mar 2026
AED 1,616 per sq ft
615 sales
Dec 2025
AED 1,602 per sq ft
597 sales
Sep 2025
AED 1,597 per sq ft
595 sales
Jun 2025
AED 1,559 per sq ft
602 sales
Mar 2025
AED 1,550 per sq ft
576 sales
Dec 2024
AED 1,550 per sq ft
555 sales
Off-plan sales only.
Questions about this project
Which company is developing this building?
Pantheon Properties Limited. The project is in Wasl Gate and the homes are freehold.
How does the price compare with recent sales?
The from price per square foot is 1.5% above 177 similar sales in Wasl Gate over the 12 months to November 2026.
What are the payment steps?
The listing shows 20% on booking, 40% during construction and 40% on handover: AED 124,980, AED 249,960 and AED 249,960 at the from price. A four-step version has also been quoted, so confirm it. Separately, the 4% DLD fee comes to AED 24,996; ask when it is due.
What sizes can I choose from?
Studios to two-bedroom homes of 358 to 1,350 sq ft. Check the floor plan of your unit.
When is handover?
The listed handover is June 2028. Ask for a construction update before you pay.
