5BR Penthouse in Wasel, Dubai Islands
About this property
Wasel is an off-plan project by Azizi in Dubai Islands, Dubai. This 5-bedroom penthouse has 5,847 sq ft of living space and starts from AED 13,534,000 (about AED 2,315 per sq ft), with handover expected in Q1 2028 on a 40/60 payment plan.
Key facts: Developer: Azizi. Community: Dubai Islands, Dubai. Unit: 5 bedrooms, 5,847 sq ft. Starting price: AED 13,534,000. Payment plan: 40/60. Expected handover: Q1 2028. Amenities listed by the developer: landscaped gardens, marina.
What does the 40/60 payment plan mean? It typically means 40% of the price is paid in instalments during construction and 60% on handover. The exact schedule is set in Azizi's sales offer.
Prices and availability come from the developer and can change. Contact Platinum Square for the latest floor plans, available units and full payment schedule.
Amenities
Location & Lifestyle
Buy off-plan on Dubai Islands, Nakheel’s five-island waterfront destination, formerly known as Deira Islands and renamed in August 2022. The master plan covers 17 square kilometres, with more than 20 kilometres of beaches and over 80 planned resorts and hotels. Between 1 January and 7 October 2026, 3,309 homes were sold on Dubai Islands, almost all off-plan, at a median price of AED 2.86M or AED 2,809 per sq ft; one-bedroom apartments sold at a median of AED 2.40M and two-bedrooms at AED 3.54M. The first completed buildings are only now being let: 10 rent contracts were registered this year, at a median of AED 130,000 a year, which puts the early gross yield at about 3.5% before service charges. Source: Dubai Land Department open data (registered as Palm Deira), sales and Ejari rents 1 January to 7 October 2026, read on 7 October 2026; master-plan figures from Nakheel via Gulf News, 22 August 2022.
Schools nearby
- Deira International School (near)
- St. Mary’s Catholic High School (near)
Metro & transit
- Not directly connected (near Gold Souk (Green Line); ferry / road links)
Malls & retail
- Deira City Centre
- Souq Al Marfa
- Dubai Islands Mall (planned)
Healthcare
- Canadian Specialist Hospital
- Aster Hospital Deira
Landmarks
- Dubai Islands Beach
- Souq Al Marfa
- Dubai Gold Souk (near)
- Dubai Islands Marina
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