Al Waleed WS 1: Apartments in Dubai Land Residence Complex from AED 577,000
Al Waleed Real Estate launched Al Waleed WS 1 in May 2025 with construction already underway. The project delivers apartments across studio, one-bedroom, and two-bedroom layouts in Dubai Land Residence Complex. Completion is scheduled for February 2027, which means off-plan buyers entering now have roughly 21 months to handover.
Dubai Land Residence Complex: Location and What It Means
Dubai Land Residence Complex sits within the broader Dubailand zone in the southeast of Dubai. You are approximately 25 to 30 minutes from Downtown Dubai and a similar distance from Dubai International Airport under normal traffic conditions.
The area's defining characteristic is apartment size and price relative to central Dubai. DLRC is primarily residential, built around families and working residents who prioritise space and running costs over proximity to business hubs. For someone commuting to DIFC or the Marina daily, the journey adds up. For buyers who are not tied to those corridors, or who are investing rather than living there, the price-to-size ratio is the main argument.
What AED 577K to AED 1.3M Buys Here
Three unit sizes are available:
| Type | Size | Starting Price |
|---|---|---|
| Studio | 409 sq ft | AED 577,312 |
| 1-Bedroom | 699 sq ft | AED 857,830 |
| 2-Bedroom | 1,162 sq ft | AED 1,296,345 |
The studio at AED 577,312 is the entry point. At 409 sq ft it is a compact unit, suited to a single occupant or a buy-to-let targeting a working renter. The one-bedroom at AED 857,830 for 699 sq ft sits in the middle and works for owner-occupiers and investors alike. The two-bedroom at just over AED 1.3M for 1,162 sq ft is the family unit. At that price for that footprint, it represents competitive value for a Dubai apartment.
The spread across this range reflects the unit mix rather than any pricing anomaly. Each tier has a distinct buyer profile, and the pricing follows the size curve cleanly.
Getting In for 20%
| Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| At handover | 40% |
20% secures the unit. On the studio, that is approximately AED 115,500 upfront. On the two-bedroom, roughly AED 259,300.
The remaining 80% splits evenly between the construction period and handover. The final 40% falls due at key collection in February 2027. The full balance clears at completion with no post-handover option.
Facilities
| Category | Facilities |
|---|---|
| Recreation | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV |
Six amenities at this price point. The indoor pool and gym cover the core resident needs without adding layers of infrastructure. On-site restaurants reduce daily friction for residents. The children's play area reinforces that the project is pitched at families as well as investors.
The amenity set is functional rather than extensive. It covers what residents will actually use day to day without the overhead of a large lifestyle complex.
Timeline: Construction Running, Completion February 2027
Construction started on 2 May 2025. The expected completion date is 28 February 2027.
The build timeline runs approximately 21 months from launch. Ground has already been broken, which reduces the early-stage risk for off-plan buyers compared to projects that have not yet started construction. Buyers entering now are joining a project mid-build, with a clear completion target already in place.
