About 1 Residences
1 Residences is a residential and commercial tower by Park 1, in Al Kifaf, Dubai. It rises 44 storeys (3 basement levels, a ground floor, a mezzanine, 42 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 758 homes across 2 buildings.
Key information
Developer
Park 1
- Handover
- Q3 2022
- Status
- Handed over
- Location
- Al Kifaf, Dubai
- Master project
- Wasl 1
- Construction started
- 2019
- Number of buildings
- 2
- Number of units
- 758
- Registered with DLD
- 15 Jun 2022
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0205256122104
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2019
- Handed overQ3 2022
Construction progress
34 inspection photos from the Dubai Land Department. Latest 28 Sept 2022 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
14 Elevators
48 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
884
Median price
AED 2.4M
Median price / sqft
AED 2K+22%
Off-plan share
0%
Priced 5% below than the Al Kifaf median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 303 | 915 sqft | AED 1.6M | AED 2K |
| 2 Bed | 489 | 1,399 sqft | AED 2.6M | AED 2K |
| 3 Bed | 92 | 1,892 sqft | AED 4.8M | AED 3K |
Price per sqft by year
+22% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 03 Sept 2026 | Resale | 1,273 sqft | AED 2.9M | AED 2K |
| 20 Aug 2026 | Resale | 1,932 sqft | AED 3.7M | AED 2K |
| 19 Aug 2026 | Resale | 1,673 sqft | AED 4.3M | AED 3K |
| 18 Aug 2026 | Resale | 1,491 sqft | AED 2.9M | AED 2K |
| 10 Aug 2026 | Resale | 1,693 sqft | AED 3.6M | AED 2K |
| 30 Jul 2026 | Resale | 1,453 sqft | AED 2.2M | AED 2K |
| 03 Jul 2026 | Resale | 1,502 sqft | AED 2.8M | AED 2K |
| 29 Jun 2026 | Resale | 1,507 sqft | AED 2.7M | AED 2K |
Unit mix
758 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Residential | 1 | - |
| 1 B/R | 251 | 876 - 1,129 sqft |
| 2 B/R | 407 | 1,265 - 2,275 sqft |
| 3 B/R | 95 | 1,673 - 2,984 sqft |
| Commercial | 4 | - |
Payment plan
Payment plans are set by Park 1 and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Al Kifaf, Dubai.
Al Kifaf
Dubai, United Arab Emirates
Frequently asked questions
1 Residences has already been handed over (Q3 2022), according to Dubai Land Department records.
