Al Waleed Residence

TL;DR: Al Waleed Residence by Al Waleed Real Estate is a completed mid-rise building in District 13, JVC, Dubai. Handed over in 2016, it offers 1, 2, and 3-bedroom apartments and duplexes. Recent 2-bedroom sales sit around AED 1.6M. Amenities include a rooftop pool, gym, and 24/7 security.

Al Waleed Residence (also known as Al Waleed Building) is a well-established, completed mid-rise residential development located in the highly accessible District 13 of Jumeirah Village Circle (JVC), Dubai. Developed by Al Waleed Real Estate, the project was successfully completed and handed over to residents in 2016. The building’s 5-storey structure houses an exclusive collection of just 32 units, offering a highly intimate and peaceful community living experience. Al Waleed Residence is designed to provide stylish, contemporary apartments with high-quality finishes, making it a reliable and comfortable choice for both families and professionals.

The development features a versatile mix of residential layouts to suit various lifestyle needs. The inventory includes well-proportioned 1-bedroom and 2-bedroom apartments, alongside expansive 2-bedroom and 3-bedroom duplexes, some of which uniquely feature their own private entrances. The units are characterized by their modern designs and functional, spacious interiors. As a mature property in the JVC secondary market, it maintains strong value; recent transaction data (March 2025) indicates that a large 2-bedroom apartment (approx. 1,660 sq. ft.) was valued at AED 1,605,000. The rental market is also highly active and lucrative, with 1-bedroom units commanding approximately AED 79,000 annually, 2-bedrooms around AED 120,000, and large duplexes renting for up to AED 145,000 per year.

Al Waleed Real Estate has equipped the residence with a solid array of modern amenities designed for everyday convenience and relaxation. The functional rooftop is a major highlight, featuring a large swimming pool complete with a sun deck area, as well as a dedicated children’s play area. Residents also have access to a fully equipped fitness center and spa located within the building. Security and convenience are prioritized with 24/7 security staff, comprehensive CCTV surveillance, high-speed elevators, and secure basement parking (with dedicated spaces for the duplex units).

Positioned strategically in JVC District 13, Al Waleed Residence offers excellent urban connectivity. The building is situated in a prime location that provides residents with a very short walk to the Circle Mall and the expansive local Community Park. Furthermore, its immediate proximity to major highways, including Sheikh Zayed Road and Al Khail Road, ensures that Dubai's major business hubs, shopping destinations, and entertainment centers are always easily accessible.