ONE B Tower Sheikh Zayed Road Dubai
● Sheikh Zayed Road, Business Bay side
ONE B Tower Sheikh Zayed Road Dubai is a Residential project by wasl properties (wasl Asset Management Group), Dubai Government in Sheikh Zayed Road, Business Bay side. Prices start at around AED 1.6 M (about Rs 4.12 Cr). Current status is under construction. Below you will find the price, sizes, DLD registration details, location notes, pros and cons, and answers to the questions buyers ask most.
Quick Facts
| 0 | ONE B Tower Sheikh Zayed Road Dubai |
| 1 | wasl properties (wasl Asset Management Group), Dubai Government |
| 2 | Sheikh Zayed Road, Business Bay side |
| 3 | Residential |
| 4 | About 458 - 4,579 sq ft; penthouse over 9,500 sq ft (saleable) |
| 5 | AED 1.6 M (about Rs 4.12 Cr) onwards |
| 6 | Under Construction |
| 7 | wasl sells under DLD registration and escrow; the project number is not published by the sources checked — verify on the Dubai REST app before paying a booking amount. |
Prices & details are indicative. Please confirm the latest with our advisor or the builder before booking.
Sizes & Pricing
| Configuration | Size | Price | Best for |
|---|---|---|---|
| Residential | About 458 - 4,579 sq ft; penthouse over 9,500 sq ft (saleable) | AED 1.6 M (about Rs 4.12 Cr) onwards | Families & end-users |
Prices are indicative. Confirm the latest cost sheet with us.
Floor Plan, Master Plan & Brochure
About ONE B Tower Sheikh Zayed Road Dubai
ONE B Tower is a 47-storey residential tower on Sheikh Zayed Road, on the Business Bay side of Dubai's main highway, by wasl, the Dubai Government's property company. The source listing shows it from AED 1.6 M, about Rs 4.12 crore at Rs 25.75 per dirham, for 1 bedroom apartments, with handover in March 2028. The tower has studios, 1 to 4 bedroom apartments, sky and pool duplexes and a penthouse.
The AED 1.6 million figure is the launch price for a 1 bedroom, and it is now old. Brokers in 2026 quote AED 2.49 million as the current 1 bedroom entry and rates of AED 2,150 to 2,860 per sq ft depending on floor and view. That is a 55 per cent step, which is what a government developer's tower on Sheikh Zayed Road has done between launch and 2026. We list the listed figure per the rule for this section and print the current numbers alongside it.
At a glance
| Project | ONE B Tower, Sheikh Zayed Road, Business Bay side, Dubai |
|---|---|
| Developer | wasl properties (wasl Asset Management Group), owned by the Dubai Real Estate Corporation |
| Building | 47 storeys; unit count not published |
| Configurations | Studio, 1 BHK, 2 BHK, 3 BHK, 4 BHK; 2 to 4 BHK sky and pool duplexes; one penthouse |
| Sizes | Studios about 458 sq ft; 1 to 4 BHK about 681 to 3,998 sq ft; duplexes about 1,611 to 4,579 sq ft; penthouse over 9,500 sq ft |
| Starting price | AED 1.6 M on the source listing (about Rs 4.12 crore) at launch; AED 2.49 million for a 1 BHK on 2026 broker listings |
| In US dollars | About USD 436,000 (the dirham is pegged at AED 3.6725 to the dollar) |
| Rate | About AED 2,150 to 2,860 per sq ft on current listings |
| Payment plan | 5 per cent to book, 55 per cent during construction with a six-month instalment holiday, 40 per cent on completion (described by wasl as a 60/40 plan) |
| Handover | 2028; Q4 2028 on most sources; March 2028 on the source listing |
| Status | Under construction |
| DLD | Project number not printed by any source checked; verify on the Dubai REST app |
| Escrow bank | Not published by the sources checked |
Price and unit pricing
| Unit | Size | Price (AED) | About Rs | Implied AED per sq ft |
|---|---|---|---|---|
| 1 BHK, launch (listed) | From 681 sq ft | 1,600,000 | Rs 4.12 crore | About 2,350 |
| 1 BHK, 2026 broker listing | From 681 sq ft | 2,490,000 | Rs 6.41 crore | About 3,660 on the smallest; brokers quote 2,150 to 2,860 across the tower |
| Studio | About 458 sq ft | Not published | - | - |
| 2 to 4 BHK, duplexes, penthouse | Up to 9,500 sq ft and over | Not published | - | - |
The broker rate band of AED 2,150 to 2,860 per sq ft does not quite reconcile with AED 2.49 million on a 681 sq ft unit, which would be AED 3,660; the AED 2.49 million unit is probably larger than the minimum size or on a high floor. Either way, current pricing is about twice the JVC median of AED 1,347 and in line with new Business Bay and Downtown-fringe towers. On Sheikh Zayed Road with a government developer, that is the market rate, not a premium. Ask wasl for its own price list; broker listings on a wasl tower are often resales from launch buyers carrying a premium.
Payment plan and total cost
wasl's plan is 5 per cent to book, 55 per cent during construction with a six-month holiday from instalments, and 40 per cent on completion. Worked on both the source listing and current figures:
| Item | At AED 1,600,000 (launch) | At AED 2,490,000 (2026 listing) |
|---|---|---|
| Booking, 5 per cent | 80,000 | 124,500 |
| During construction, 55 per cent | 880,000 | 1,369,500 |
| On completion, 40 per cent | 640,000 | 996,000 |
| DLD transfer fee, 4 per cent | 64,000 | 99,600 |
| DLD admin and Oqood registration | About 40 plus registration charges per the SPA | Same |
| Total before service charges | About 1,664,000 (about Rs 4.28 crore) | About 2,589,600 (about Rs 6.67 crore) |
A 5 per cent booking is the lowest in this batch. Service charges are not published; Business Bay and Sheikh Zayed Road towers run about AED 15 to 25 per sq ft a year, so budget AED 10,000 to 17,000 a year on a 681 sq ft 1 bedroom from handover. Final plan and fees as per the SPA.
Location and connectivity
ONE B stands beside Sheikh Zayed Road on its Business Bay side, which puts Downtown Dubai, the Burj Khalifa and Dubai Mall within about 5 to 10 minutes' drive, DIFC 5 to 10 minutes, Dubai International Airport about 20 minutes and Dubai Marina about 20 minutes. The Red Line runs along Sheikh Zayed Road; Business Bay and Financial Centre stations are the nearest, and this is one of the few new towers in the batch where a tenant can live without a car. One broker files the tower under wasl Gate in Jebel Ali, which is a different wasl project; the Sheikh Zayed Road location is confirmed by Property Finder and the developer's own marketing.
Sheikh Zayed Road frontage means noise and a canal or skyline view depending on the side; canal-facing units are priced higher. The immediate area is fully built, so what you see is what you get.
Amenities and specifications
Quoted: pools, gym, residents' lounges and the pool and sky villa duplex tiers with private pools. Interior specification and parking are not detailed in the sources we saw; wasl's completed towers are finished to a mid-to-upper standard. Final specification as per the SPA.
About the developer
wasl was established in 2008 by the Dubai Real Estate Corporation to manage and grow the government's property portfolio. It manages more than 1,000 buildings and over 55,000 residential and commercial units, thousands of land plots, 32 hotels and the emirate's three main golf clubs, and Gulf News reports it has delivered about 45,000 affordable homes. Its development record includes wasl District, wasl Quartz, wasl Topaz and the wasl 1 towers, and portal reviews describe on-time, on-budget delivery. It is as low a developer risk as Dubai offers. ONE B is a high-rise luxury tower, a step up from its mid-market stock, so read the specification carefully.
For overseas buyers
Buying from abroad. On the AED 1.60 million entry price the 4% Dubai Land Department transfer fee is about AED 64,000 (USD 17,400), and registration, trustee and agency charges take the all-in cost to roughly 6% to 7% over the price. Most overseas buyers pay through the developer's plan rather than a UAE mortgage. The ownership rules, fees and non-resident lending for every passport are in our Dubai buying guide; the notes below work the numbers for an Indian buyer.
Ownership. The Sheikh Zayed Road and Business Bay area is freehold; a foreign national holds the title deed outright.
Remittance. At the current AED 2.49 million price, the total of about AED 2.59 million is under three years of one person's USD 250,000 per financial year LRS limit (about AED 918,000), and the plan runs to 2028, so a single resident buyer can do it with planning; a couple can do it comfortably. At the launch price it would be under two years. TCS applies above the annual threshold and is claimable in your Indian return.
Golden Visa. At current prices every 1 bedroom clears the AED 2 million threshold. At the listed figure of AED 1.6 million it would not, which is one more reason the current price matters.
Yield and tax. No property or rental income tax in Dubai. Sheikh Zayed Road and Business Bay 1 bedrooms let readily to professionals who want the metro and Downtown; plan on 5 to 6 per cent gross and about 4 per cent net after service charges at the current price. Rent is taxable in India for a tax resident after the 30 per cent standard deduction.
Exit. A wasl tower on Sheikh Zayed Road with a metro station will be one of the more liquid Dubai apartments to resell. The risk is buying a resale at a launch buyer's premium; buy from wasl's own list if you can.
Pros
- Government-owned developer with a very large delivery record
- Sheikh Zayed Road with the Red Line metro within walking distance
- 5 per cent booking and a six-month instalment holiday
- At current prices every 1 BHK qualifies for the Golden Visa
- Downtown and DIFC within 10 minutes
Cons
- The source listing's AED 1.6 million is the launch price; 2026 listings quote AED 2.49 million
- Handover 2028, printed as March and Q4
- Rates of AED 2,150 to 2,860 per sq ft, about twice the JVC median
- Studio and larger unit prices not published; unit count not published
- Highway frontage brings noise on the road side
Who this is for
- Buyers who want the lowest developer risk in Dubai and a metro-served address
- Indian buyers with Rs 6.5 to 7 crore over three LRS years who want the Golden Visa from a 1 BHK
- Landlords targeting Downtown and DIFC professionals
Who should look elsewhere
- Anyone expecting the AED 1.6 million launch price
- Buyers who need keys before 2028
- Yield investors who need more than 6 per cent gross
Our verdict
ONE B is the low-risk, central, metro-served tower in this batch, and the price has already moved to reflect that. Budget AED 2.49 million and up for a 1 bedroom, buy from wasl's own list rather than a resale, and fix the 2028 handover date in the SPA. For the same 2028 horizon at a lower rate see 15 Cascade, or for a beachfront alternative from another government developer see Palm Beach Towers, both on our Dubai section. All projects are listed here.
Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.
Dubai property calculator — costs, cash needed and net rent
Works from any country: pick your currency, or type your own rate. Fees follow the DLD schedule; rent figures are yours to set.
| Charge | AED | Your currency |
|---|
Fee basis: DLD transfer 4% of price, plus a DLD admin fee of AED 580 on a ready unit and AED 40 at Oqood on an off-plan one; registration trustee AED 2,000 below AED 500,000 and AED 4,000 from AED 500,000, plus 5% VAT (AED 2,100 or AED 4,200); title deed and map about AED 500; agency 2% plus 5% VAT where used; mortgage registration 0.25% of the loan plus AED 290. Rates shown are indicative, read on 9 September 2026, and the pegged ones (USD and the GCC currencies) do not move — edit the rate box for anything else. This is an estimate to plan with, not a quotation, and it does not cover tax in your own country.
FAQs
What is the price of ONE B Tower?
The source listing shows it from AED 1.6 M, about Rs 4.12 crore, which was the 1 bedroom launch price. Brokers in 2026 quote AED 2.49 million for a 1 bedroom, about Rs 6.41 crore, at AED 2,150 to 2,860 per sq ft.
What is the payment plan?
5 per cent to book, 55 per cent during construction with a six-month instalment holiday, 40 per cent on completion. Add the 4 per cent DLD fee. Final as per the SPA.
When is handover?
2028; Q4 2028 on most sources and March 2028 on the source listing. Get the SPA date in writing.
Is ONE B registered with the DLD?
wasl sells under DLD registration and escrow. The project number is not printed by the sources we checked; verify on the Dubai REST app.
Does it qualify for the Golden Visa?
At current prices every 1 bedroom is above AED 2 million and qualifies. At the AED 1.6 million launch figure it would not.
What are the sizes?
Studios about 458 sq ft, 1 to 4 bedrooms about 681 to 3,998 sq ft, duplexes about 1,611 to 4,579 sq ft, and a penthouse over 9,500 sq ft.
What rental yield can I expect?
About 5 to 6 per cent gross and 4 per cent net on a 1 bedroom at current prices, from Downtown and DIFC tenants.
Can a foreign national buy, and how do Indian buyers fund it?
Yes with planning: about AED 2.59 million all-in over a plan to 2028 is under three years of one person's USD 250,000 annual limit, and comfortable for a couple. Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name. Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name.
Who is wasl?
The Dubai Government's property company, established in 2008 by the Dubai Real Estate Corporation, managing over 55,000 units and 1,000 buildings with a record of on-time delivery.
Talk to Realty Hunting for wasl's current ONE B price list, the SPA handover date and a viewing plan.
Compare with other Dubai projects
Also in Sheikh Zayed Road: Sobha Central Horizon (from AED 1.68 M, handover 2029) and Sobha Elwood (from AED 9.93 M, handover 2027). See every Business Bay project with prices and handover dates.
More by wasl: Park Gate Residence - Tower B (from AED 1,700,000, ready), Wasl 1 Park Gate Residence - Tower A (from AED 1,700,000, ready) and Park Gate Residences (from AED 1.4 M, ready).
A similar budget elsewhere in Dubai: Bayline Apartments (from AED 1.6 M, handover 2027), Emaar Golf Heights (from AED 1.6 M, handover 2026) and Terra Woods (from AED 1.6 M, handover 2030).
Read next: Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.
Amenities
- ✓ Clubhouse
- ✓ Multipurpose Hall
- ✓ 24x7 Security
- ✓ Power Backup
- ✓ Car Parking
- ✓ Indoor Games
- ✓ Gymnasium
- ✓ Jogging Track
- ✓ Kids Play Area
- ✓ Landscaped Gardens
- ✓ Swimming Pool
- ✓ Yoga & Meditation Area
Project Highlights
- ✓ 47-storey tower on Sheikh Zayed Road, Business Bay side, by the Dubai Government's wasl
- ✓ the source listing shows from AED 1.6 M (about Rs 4.12 crore), the 1 BHK launch price; 2026 listings quote AED 2.49 million
- ✓ Current rates about AED 2,150-2,860 per sq ft, roughly twice the JVC median
- ✓ Studios about 458 sq ft; 1-4 BHK 681-3,998 sq ft; duplexes 1,611-4,579 sq ft; penthouse over 9,500 sq ft
- ✓ 5% to book, 55% during construction with a six-month instalment holiday, 40% on completion
- ✓ Handover 2028: Q4 2028 on most sources, March 2028 on the source listing
- ✓ Red Line metro within walking distance; Downtown and DIFC within 10 minutes
- ✓ At current prices every 1 BHK clears the AED 2 million Golden Visa threshold
Pros & Cons
- +Government-owned developer with a very large delivery record
- +Sheikh Zayed Road with the Red Line metro within walking distance
- +5 per cent booking and a six-month instalment holiday
- +At current prices every 1 BHK qualifies for the Golden Visa
- +Downtown and DIFC within 10 minutes
- –the source listing's AED 1.6 million is the launch price; 2026 listings quote AED 2.49 million
- –Handover 2028, printed as March and Q4
- –Rates of AED 2,150-2,860 per sq ft, about twice the JVC median
- –Studio and larger unit prices not published; unit count not published
- –Highway frontage brings noise on the road side
Who Should Buy & Who Should Avoid
- +Buyers who want the lowest developer risk in Dubai and a metro-served address
- +Indian buyers with Rs 6.5-7 crore over three LRS years who want the Golden Visa from a 1 BHK
- +Landlords targeting Downtown and DIFC professionals
- –Anyone expecting the AED 1.6 million launch price
- –Buyers who need keys before 2028
- –Yield investors who need more than 6 per cent gross
Handover Timeline
Most sources put handover in Q4 2028; the source listing prints March 2028 and others say 2028 without a quarter. The tower is under construction. wasl's record is on-time delivery, but the SPA date is the one that binds; get it in writing and track progress on the Dubai REST app.
ONE B Tower Sheikh Zayed Road... vs Marbella Townhouses Damac Lago...
| Compare | ONE B Tower Sheikh Zay... | Marbella Townhouses Da... |
|---|---|---|
| Developer | wasl properties (wasl Asset Management Group), Dubai Government | DAMAC Properties |
| Location | Sheikh Zayed Road, Business Bay side | DAMAC Lagoons, Dubailand |
| Type | Residential | Villa |
| Sizes | About 458 - 4,579 sq ft; penthouse over 9,500 sq ft (saleable) | About 2,273 sq ft for a 4 BHK and 3,377 - 3,469 sq ft for a 5 BHK (built-up, per the portals) |
| Starting Price | AED 1.6 M (about Rs 4.12 Cr) onwards | AED 1.9 M (about Rs 4.89 Cr) onwards |
| Status | Under Construction | Under Construction |
| DLD | wasl sells under DLD registration and escrow; the project number is not published by the sources checked — verify on the Dubai REST app before paying a booking amount. | Registered with the Dubai Land Department (DLD) as part of the DAMAC Lagoons master community; cluster project number not published by the sources checked — verify on the Dubai REST app before paying a booking amount. |
A quick side-by-side with a nearby project. Prices & details are indicative — confirm with us.
See the full ONE B Tower Sheikh Zay... vs Marbella Townhouses Da... comparison →Comparison Matrix
| Feature | ONE B Tower Sheikh Z... | Marbella Townhouses... | Vogue Business Bay D... |
|---|---|---|---|
| Developer | wasl properties (wasl Asset Management Group), Dubai Government | DAMAC Properties | DAMAC Properties (hotel apartments managed by DAMAC Maison) |
| Location | Sheikh Zayed Road, Business Bay side | DAMAC Lagoons, Dubailand | Business Bay |
| Starting Price | AED 1.6 M (about Rs 4.12 Cr) onwards | AED 1.9 M (about Rs 4.89 Cr) onwards | AED 3.9 M (about Rs 10.04 Cr) onwards |
| Type | Residential | Villa | Residential |
| Status | Under Construction | Under Construction | Ready to Move |
| DLD | wasl sells under DLD registration and escrow; the project number is not published by the sources checked — verify on the Dubai REST app before paying a booking amount. | Registered with the Dubai Land Department (DLD) as part of the DAMAC Lagoons master community; cluster project number not published by the sources checked — verify on the Dubai REST app before paying a booking amount. | Completed building (2014), so the DLD title deed is the document to check, along with the DAMAC Maison management agreement. Project number not published by the sources checked — verify the deed on the Dubai REST app before paying a deposit. |
Location Map
Nearby Landmarks & Connectivity
Connectivity is indicative. Ask us for exact distances and drive times.
The main thing to weigh is this — the source listing's AED 1.6 million is the launch price; 2026 listings quote AED 2.49 million. It is not a deal-breaker for most buyers, but worth factoring in. Tell us your plan and we will say honestly whether it matters for you.
For the long term, Sheikh Zayed Road, Business Bay side has the basics investors look for — steady demand, improving roads, and a healthy mix of end-users and tenants. A home from a known builder in this corridor usually holds value and has room to grow over a 5 to 10 year horizon. It suits patient, long-term buyers more than anyone chasing a quick flip. The entry price you get decides how good the return looks, so confirm the live rate with us first.
It suits long-term buyers and investors who are fine waiting for handover in exchange for lower entry pricing, and anyone who wants a home from a trusted builder in Sheikh Zayed Road, Business Bay side.
At around AED 1.6 M (about Rs 4.12 Cr) to start, it is priced in line with the Sheikh Zayed Road, Business Bay side market for this kind of home. Whether it is worth it depends on the exact unit and the running offer — we will help you compare before you commit.
An honest read on livability, builder trust, investment potential and value — scored by our team, not the builder.
About wasl properties (wasl Asset Management Group), Dubai Government
wasl was established in 2008 by the Dubai Real Estate Corporation to manage and grow the Dubai Government's property portfolio. It manages more than 1,000 buildings and over 55,000 residential and commercial units, thousands of land plots, 32 hotels and the emirate's three main golf clubs, and Gulf News reports it has delivered about 45,000 affordable homes. Its development record includes wasl District, wasl Quartz, wasl Topaz and the wasl 1 towers, with portal reviews describing on-time, on-budget delivery. ONE B is a luxury high-rise, a step up from its mid-market stock, so read the specification carefully.
Payment Plan
Specifications
💬 Our View
ONE B is the low-risk, central, metro-served tower in this batch, and the price has already moved to reflect that: the AED 1.6 million on the source listing is the launch figure, and 2026 listings start at AED 2.49 million. At that price it is fairly valued against new Business Bay towers, carries the Golden Visa on every 1 BHK, and comes from the one developer in Dubai that is literally the government. The 5 per cent booking and the metro are the practical advantages. Buy from wasl's own list rather than a resale carrying a launch buyer's premium, and fix the 2028 date in the SPA.
We track Business Bay side closely, and ONE B Tower Sheikh Zayed Road Dubai is one of the homes buyers ask about often. Our honest take: weigh the developer, the exact unit, and the price you get against nearby options before you commit. We are not here to push one project — we help you compare and pick what fits your budget and plan. For the live price and a clear comparison, just reach out.
Frequently Asked Questions
What is the price of ONE B Tower? +
What is the payment plan at ONE B Tower? +
When is handover at ONE B Tower? +
Is ONE B Tower registered with the DLD? +
Does ONE B Tower qualify for the Golden Visa? +
What are the sizes at ONE B Tower? +
What rental yield can I expect at ONE B Tower? +
Can a foreign national buy ONE B Tower, and how do Indian buyers fund it? +
Who is wasl? +
Final Verdict
A sound central purchase for a buyer with about AED 2.6 million all-in who wants minimal developer risk and a metro address. Not available at the AED 1.6 million listed figure, and not a high-yield asset.
Nearby Competing Projects
Marbella Townhouses Damac Lagoons Dubai
DAMAC Lagoons, Dubailand
Villa
Marbella Townhouses Damac Lagoons Dubai
DAMAC Lagoons, Dubailand
Villa