الوليد BS 01

TL;DR: Al Waleed BS 01 is a residential building in Arjan (Al Barsha South 3) developed by Al Waleed Real Estate LLC, part of the Al Waleed Investment Group founded in 1994. Configured as an 8-floor structure, it sits within the Hadaeq Mohammed Bin Rashid area of Arjan, offering freehold apartments with access to a swimming pool, gymnasium, children's play area, 24/7 security, and covered parking. The developer's portfolio spans over 15 projects across Dubai including the Al Waleed Paradise Tower in JLT (247 units), Al Waleed Garden in Al Jaddaf (154 units), and Meyan Mall in Umm Suqeim.

Overview — Part of Al Waleed's Established Dubai Portfolio

Al Waleed BS 01 is a residential development situated in Arjan (officially designated Al Barsha South 3), one of Dubai's fastest-growing freehold residential districts. The building is developed by Al Waleed Real Estate LLC, a well-established UAE real estate company that forms part of the broader Al Waleed Investment Group. Founded in 1994 under CEO Mohammed Abdul Razzaq Al Mutawa, Al Waleed Real Estate is headquartered at Office 409, Al Waleed HO Building, Zabeel Road, Al Karama, Dubai. The company operates across real estate development, construction, hospitality and leisure, retail, healthcare, and banking sectors, with a geographic presence spanning the UAE, Oman, Jordan, and the United Kingdom.

The "BS" designation in the building's name stands for "Barsha South," distinguishing it from the developer's "BA" series of buildings (BA-1, BA-3, BA-4, BA-5) located in Al Barsha 1 proper. Al Waleed BS 01 is configured as an 8-floor residential structure located at coordinates 25.060606 N, 55.223446 E within the Hadaeq Mohammed Bin Rashid area of Arjan. All residential units are offered on a freehold basis with full foreign ownership eligibility.

Developer Profile — Al Waleed Real Estate

Al Waleed Real Estate has built an extensive portfolio spanning more than 15 projects across Dubai's most established residential and commercial corridors:

Residential Portfolio: Al Waleed Paradise Tower in JLT Cluster R (35 floors, 247 units, completed 2008), Al Waleed Residences in JVC District 13 (5 floors, 32 units, completed 2016), Al Waleed Oasis in Dubai Silicon Oasis (10 floors, completed 2016), Al Waleed Garden in Al Jaddaf (16 floors, 154 units, completed Q3 2019), and Al Waleed Gardens Phase 2 in Al Jaddaf (17 floors, 150 units, currently under construction). The developer also operates multiple residential buildings in Al Barsha 1 (BA-1, BA-3, BA-4, BA-5) and the recently converted Al Waleed Residence Al Barsha (a 9-floor former hotel converted to residential use in 2020).

Commercial Portfolio: Al Waleed Buildings 1, 2, and 5 in Al Karama serve as commercial office towers. Meyan Mall in Umm Suqeim II (Ground + 2 floors + 2 basements, 44 retail units, completed 2021) is the company's most significant retail development.

Off-Plan Projects: Al Waleed WS 1 in DLRC/Wadi Al Safa 5 (16 floors, 151 units, targeted for February 2027 handover) represents the company's latest announced development.

The developer provides in-house property management and facilities management services through its subsidiary Al Waleed Facilities Management (alwaleedfm.com), offering leasing, maintenance, and community management across its portfolio.

Building Features & Amenities

Al Waleed BS 01 provides residents with a comprehensive suite of amenities consistent with the developer's established standards across its portfolio:

Health & Wellness: Temperature-controlled swimming pool and fully equipped fitness centre/gymnasium, maintaining the developer's commitment to active lifestyle facilities present in its other residential buildings.

Family & Community: Dedicated children's play area with safe, age-appropriate equipment, landscaped common areas, and community gathering spaces.

Security & Infrastructure: 24/7 security with CCTV surveillance, covered parking for residents, modern elevator service, and central air conditioning. All units feature contemporary interior finishes with functional open-plan layouts, modern fitted kitchens, and large windows maximising natural light.

Retail Convenience: Ground-floor retail outlets provide essential everyday services within the building, consistent with the mixed-use ground-floor approach employed across Al Waleed's residential portfolio.

Arjan (Al Barsha South 3) — The Community

Arjan has rapidly established itself as one of Dubai's most attractive affordable luxury freehold districts, positioned at the strategic intersection of Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Street (D63). The area has attracted investment from major developers including Damac Properties, Vincitore Group, Binghatti, Samana, Aqua Properties, and now Al Waleed Real Estate, resulting in a dynamic mix of contemporary mid-rise residential buildings.

The district benefits from proximity to several of Dubai's most popular attractions and everyday amenities. Dubai Miracle Garden, the world's largest natural flower garden, is approximately 1.5 kilometres from Al Waleed BS 01. Dubai Butterfly Garden is equally close. The Promenade shopping area and multiple healthcare facilities including Mediclinic Parkview Hospital (approximately 1 kilometre) serve the immediate community.

Location & Connectivity

Al Waleed BS 01's Arjan location provides excellent dual-highway access with Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Road (D63) both within 2 to 3 minutes by car.

Shopping: Mall of the Emirates is approximately 5 to 6 kilometres (10 to 15 minutes by car). Dubai Hills Mall is 4 to 5 kilometres. First Avenue Mall in Motor City and Circle Mall in JVC are both within close driving distance.

Public Transport: The nearest metro station (Mall of the Emirates on the Red Line or First Abu Dhabi Bank Metro) is approximately 3 to 6 kilometres away. A metro station is planned near Arjan as part of Dubai's metro expansion programme, targeted for completion by 2030, which would significantly enhance public transport connectivity.

Key Destinations: Downtown Dubai and the Dubai Mall are approximately 20 minutes by car. Dubai Marina is approximately 15 minutes. Palm Jumeirah is approximately 15 minutes. Dubai International Airport (DXB) is approximately 25 to 28 minutes.

Education: Multiple nurseries and schools serve the Arjan catchment area, including institutions offering British, IB, and CBSE curricula within a 10 to 15-minute radius.

The broader Al Waleed Real Estate portfolio in the Al Barsha corridor — including the BA series buildings in Al Barsha 1 and this BS 01 building in Arjan — demonstrates the developer's long-term commitment to the district, providing residents with confidence in sustained community management and maintenance standards. The developer's in-house facilities management subsidiary ensures consistent property care across all buildings in the portfolio.

Investment Context

Arjan delivers some of Dubai's most competitive rental yields, with gross returns typically ranging from 7 to 9 percent for studio and 1-bedroom apartments. The area's combination of affordable entry pricing, freehold ownership, proximity to major highways and lifestyle attractions, and planned metro connectivity positions it as a strong investment corridor. Al Waleed Real Estate's established 30-year track record in the UAE market provides additional investor confidence in the building's long-term management and value preservation. Comparable Al Waleed buildings in Al Barsha 1 achieve annual rents of AED 56,000 to AED 85,680, indicating the rental demand strength across the developer's portfolio.