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Amali Residences

Amali Properties

Al Wasl

Amali Residences lobby, developer render Photo: © Amali Properties

Floors
54
Units
208
Status
Announced
DLD No.
4390
Project
DP-0130

Overview

Amali Residences is an ultra-luxury residential tower planned on the Dubai Water Canal in Al Wasl, between Business Bay and the Jumeirah coast. The Dubai Land Department registered it on 7 July 2026 under project number 4390 with 208 residential units and a planned completion date of 30 December 2030; the last published inspection (10 February 2026) recorded 0% progress, so the tower should be treated as an announced off-plan project. Marketing material names Amali Properties as developer, Killa Design as architect and HBA for the interiors. The line-up runs from two-bedroom apartments of roughly 2,900 sq ft to canal villas and a six-bedroom triplex penthouse of about 21,000 sq ft, and the amenity programme is centred on wellness podiums with swim-through pools, spa, cinema, padel and private dining. Asking prices quoted by brokers start in the mid-teens of millions of dirhams and a 60/40 payment plan is advertised, but none of these figures comes from the developer's own price list, so they need confirming before any decision. There are no registered resales yet.

Timeline

  1. Planned completion per DLD record Planned Dubai Land Department — Project Status
  2. Planned construction start per DLD record (not confirmed by any inspection) Planned Dubai Land Department — Project Status
  3. Registered with the Dubai Land Department (project 4390) Dubai Land Department — Project Status
Project type
Residential
1 source
Construction status
Announced
1 source
Progress
0%
1 source
Construction start
Aug 2026
1 source
Expected completion
Dec 2030
2 sources
Actual handover
Not stated
DLD project number
4390
1 source
DLD registration date
7 Jul 2026
1 source
Project ID
DP-0130

Building and units

Height
Not stated
Blocks
Not stated
Total units
208
1 source
Parking spaces
Not stated
Developer
Amali Properties
1 source
Consultant
Killa Design (architecture); HBA (interiors)
1 source
  • Killa Design (architecture); HBA (interiors) · OPR.ae
Main contractor
Not stated

Unit types and sizes

Each row keeps its own source. The bar shows where the size range sits among this project's units.

Type Units Size Source
2 bedroom apartment Not stated 2,880 sq ft Engel & Völkers Dubai — Amali Residences page
3 bedroom apartment Not stated 3,783 sq ft OPR.ae
4 bedroom apartment Not stated 4,810 sq ft OPR.ae
5 bedroom apartment / canal villa Not stated 6,518 – 7,000 sq ft OPR.ae
6 bedroom triplex penthouse Not stated 20,981 sq ft OPR.ae

Payment plans

As quoted by each source. They don't always agree, so each one is shown on its own. Get the plan for your unit in writing from the developer.

  • During construction60%
  • On completion / handover40%

In the building

  • Three amenity podiums (The Social, The Club, The Retreat), 54,648 sq ftOPR.ae
  • Swim-through indoor-outdoor pool and vitality poolsOPR.ae
  • Spa, onsen, hydrotherapy, sauna and steamOPR.ae
  • Technogym gym, yoga and pilates studiosOPR.ae
  • Cinema / screening room, bowling, music room and libraryOPR.ae
  • Padel courtOPR.ae
  • Cigar lounge, club lounge and private dining with chef's tableOPR.ae
  • Co-working spaces and kids' waterparkOPR.ae
  • Concierge, valet and white-glove serviceOPR.ae

Worth knowing

Handover status
Not started Dubai Land Department — Project Status
Developer's partner
AHS Properties (per broker pages) Engel & Völkers Dubai — Amali Residences page
Escrow bank
Emirates NBD Dubai Land Department — Project Status
Plot area
78,191.91 sq m Dubai Land Department — Project Status
Ceiling height
5.5 m (marketing claim) Off-Plan Properties — Amali Residences page
Registered sales
None yet: no DLD 2026 sale rows under this project name (off-plan, only the developer sells) Dubai Land Department — Open Data
Registered rents
None: the tower is not built and has no Ejari contracts Dubai Land Department — Open Data
Service charge
Not set yet: no approved charge exists before completion Dubai Land Department — Project Status
Price change and reported yield
Not available: no resale history or resale listings exist yet Dubai Land Department — Open Data
Main contractor
Not stated by any source found Amali Properties — Amali Residences page

Prices and rents

Recorded sales

Figures sources attribute to recorded deals. Not checked against DLD yet.

Figure Value Property type Period Source
Average sale price Not stated
Median sale price Not stated
Median price per sq ft Not stated
Lowest recorded price Not stated
Highest recorded price Not stated
Number of sales Not stated
Total sales volume Not stated
Price change over one year Not stated
Price change over several years Not stated

Asking prices

What sellers ask in adverts. Kept apart from deals because an asking price is not a sale.

Figure Value Property type Period Source
Developer's starting price AED 15,300,000 Residential 2026-11 OPR.ae Data to 15 Nov 2026
Median asking price per sq ft Not stated
Lowest asking price Not stated
Highest asking price Not stated

Rents

Figure Value Property type Period Source
Annual rent Not stated
Annual rent per sq ft Not stated
Number of rent contracts Not stated

Charts

Data we don't have yet (6)
  • Sale price per sq ft, last 12 monthsNeeds at least two months of recorded sales.
  • Annual rent per sq ft, last 12 monthsNot enough dated rent contracts yet. The contracts on record start in the future or are too few to show a trend.
  • Sales per monthNo dated sales on record for the last 12 months.
  • Price per sq ft against the areaNo source gives both this project and its area.
  • Rental yield against similar projectsNo similar project with rent and price figures is in the directory yet.
  • Construction progress over timeOnly one progress report is on record, so there is no trend to draw.

Investment analysis

Gross Rental Yield
Not stated
Net Rental Yield
Not stated
Payback Period
Not stated
Capital Appreciation
Not stated
Rental Yield reported by a source
Not stated
ROI
Not stated Depends on your resale price and holding period. Enter them in the calculator below.
Average monthly rent
Not stated
Service charge, yearly
Not stated
Maintenance, yearly
Not stated
Buying costs (assumed)
4% + AED 580 DLD transfer fee and title deed, from secondary sources. Agent and trustee fees are not included.

Run your own numbers

Filled in from the leading figures above. Replace them with the real quote for your unit. Nothing you type is stored.

Total acquisition cost–
Gross yield–
Net yield–
Payback–
Monthly rent–
ROI over the holding period–

Location

Distances

Place Kind By road Straight line By car Source
Business Bay Metro 2.6 km 1.0 km 5 min OpenStreetMap
Burj Khalifa / The Dubai Mall Downtown Dubai 4.2 km 2.5 km 7 min OpenStreetMap
Dubai International Airport (DXB) Airport 19.7 km 13.5 km 22 min OpenStreetMap
Shopping Not stated
Medcare Orthopaedics & Spine Hospital Hospital 5.1 km 1.0 km 9 min OpenStreetMap
Horizon English School School 0.3 km 0.4 km 1 min OpenStreetMap

Around the project

Compared with other projects

Project Status Height Floors Units Progress Completion Price
Amali Residences Announced Not stated 54 208 0% Dec 2030 AED 15.3MStarting from
Binghatti Spectre Announced Not stated 26 966 0% Dec 2028 AED 37.15MAverage sale price
Berkeley Tower Announced Not stated 60 109 0% Dec 2031 AED 5.1MStarting from
Valia Announced Not stated 55 492 0% Aug 2030 AED 2.06MStarting from

Every figure here is a research figure. Prices are the headline figure of each project, so they are not always the same kind of number: read the small line under each.

Expert analysis

Mr Amlak's reading of the sources listed on this page. It is not a rating or an opinion of the Dubai Land Department.

Strengths

Canal-front Al Wasl plot with a small unit count (208) for a tower of this size, a named architect (Killa Design) and interior designer (HBA), and an amenity programme built around wellness. Downtown, Business Bay and DIFC are all within a short drive.

Based on: DLD record, developer and broker marketing pages, OpenStreetMap distances

Weaknesses

Price list, floor count and handover year are only available from brokers and disagree between pages (Q4 2029, Q1 2030 or Q4 2030). The developer's own page is a registration teaser with no prices, plans or payment terms.

Based on: comparison of OPR.ae, Engel & Völkers, Off-Plan Properties and amaliproperties.com

Investment opportunities

Ultra-luxury canal-side stock in Al Wasl is scarce and the project has no resale market yet, so early buyers deal directly with the developer. The 60/40 plan advertised by brokers would tie up 40% of the price until completion; confirm it in writing. No return is implied.

Based on: broker payment-plan claims, absence of registered resales

Investment risks

The tower is registered but at 0% at the last published inspection, with completion planned for December 2030, about four years away. Delays, a different final price list or changed unit sizes are possible. Buyers should check the escrow account (Emirates NBD) and the Oqood registration of any contract.

Based on: DLD Project Status record 4390

Market reading

There are no registered sales, rents, resale listings or service-charge figures for this project and DLD 2026 data shows no usable Al Wasl price-per-sq-ft series for comparison. The only price signal is the broker-quoted launch price of about AED 15.3 million for a 2-bedroom of roughly 2,900 sq ft (about AED 5,200 per sq ft by simple division, an asking figure, not a transaction). It should not be treated as a market price.

Based on: DLD open data (0 rows), OPR.ae starting price and 2,929 sq ft size

Conclusion

Amali Residences is a verified DLD-registered, early-stage off-plan project in Al Wasl. The registration, unit count and planned dates are official; prices, sizes, floors, amenities and payment terms are broker claims awaiting the developer's price list.

Documents and official pages

Sources

Source Kind Items Latest data date Last checked
Dubai Land Department — Project Status Official 17 15 Nov 2026 15 Nov 2026
Dubai Land Department — Open Data Official 3 15 Nov 2026 Not stated
OPR.ae Listings portal 16 15 Nov 2026 Not stated
OpenStreetMap Reference 8 Not stated Not stated
Engel & Völkers Dubai — Amali Residences page Listings portal 5 15 Nov 2026 Not stated
Luxury Property — Amali Residences page Listings portal 1 15 Nov 2026 Not stated
Off-Plan Properties — Amali Residences page Listings portal 1 Not stated Not stated
Amali Properties — Amali Residences page Developer 1 Not stated Not stated

Photo credits

Photo Credit Licence Source
Amali Residences lobby, developer render © Amali Properties Developer marketing material Source page
Amali Residences penthouse, developer render © Amali Properties Developer marketing material Source page
Amali Residences mid-level apartment sea view, developer render © Amali Properties Developer marketing material Source page
Amali Residences mid-level apartment interior, developer render © Amali Properties Developer marketing material Source page
Amali Residences penthouse living and dining, developer render © Amali Properties Developer marketing material Source page
Amali Residences 4-bedroom living room, developer render © Amali Properties Developer marketing material Source page
Amali Residences penthouse indoor pool and gym, developer render © Amali Properties Developer marketing material Source page
Amali Residences residents' lounge bar, developer render © Amali Properties Developer marketing material Source page
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