Octa Properties
260 homes at Wasl Gate, studios to three bedrooms, sold by Octa Properties for SOLA Residences Real Estate Development. The portal lists a 392 sq ft studio at AED 1,120,888 — about AED 2,859 per square foot. Octa says from AED 1.33M. Both put handover at Q4 2027, which makes this the most consistent record of the four — the argument here is about price and payment, not dates.
A building inside someone else’s masterplan. Wasl Gate is Wasl’s 1.13 million
sq m community at the Energy Metro Station, and the three projects usually marketed there are Wasl releases. SOLA is
not one of them: Octa names SOLA Residences Real Estate Development as the developer, and the building
sits within the masterplan rather than being sold by Wasl. That changes what you are buying — you get the location
and the Central Park, but the developer, the service charge and the building management are SOLA’s, not Wasl’s.
Ask which community facilities are shared and on what terms.
SOLA Residences is a 260-home building at Wasl Gate, the 1.13 million sq m masterplan Wasl built around the Energy Metro Station on the Sheikh Zayed Road corridor. Octa sells it, positioning it for families who want a quieter address that still connects: studios through three-bedrooms, a pool deck and a kids’ pool, and the 82,700 sq m Central Park that opened in April 2026 on the doorstep. The developer named on Octa’s own page is SOLA Residences Real Estate Development.
The dates agree, which is worth something. The portal says Q4 2027 and so does Octa. After three projects where the two records could not even agree on the year, a single agreed handover date is a small signal that the documentation here has been kept current. It does not make the date contractual — only the sale and purchase agreement does that — but it removes one of the usual arguments.
The price does not. The portal lists a 392 sq ft studio at AED 1,120,888, which is AED 2,859 per square foot. Octa’s page says from AED 1.33M. At 392 sq ft that would be AED 3,393 per square foot — about 19% higher. The gap is smaller than at Flora Isle and easier to explain: Octa’s entry price may be a larger studio, a higher floor or a furnished unit, and the portal may be quoting a launch tranche. But whichever it is, the difference on a studio is roughly AED 209,000, and you should know which number the reservation form will carry.
The payment split is the sharper disagreement. Octa publishes 50/50 on completion. The portal illustrates 20% down, 30% during construction, 50% on handover, plus 4% DLD. On the portal’s studio price, the portal plan asks for AED 224,178 at reservation, AED 336,266 during construction across six instalments, and AED 560,444 at handover. The 50/50 plan asks for two payments of AED 560,444 — AED 336,000 more up front. On a studio at this price that is the difference between a manageable deposit and a second year of saving.
The amenity list is the most modest of the four. Octa lists a gym, changing room, pool, kids’ pool, multipurpose room and kids’ play area; the portal adds 24/7 security surveillance, dining outlets, a fitness centre, parks and leisure areas, a health care centre, restaurants and cafés, retail, a supermarket and a swimming pool. The health care centre is a community facility rather than something in the building, and the retail and supermarket are the masterplan’s, not SOLA’s — which is fine, but it is Wasl Gate you are buying into as much as the building.
What is not published. There are no sizes for the one-, two- and three-bedroom homes, no breakdown of the 260 units by type, no service charge estimate, and no construction progress figure on either page. Nor is it stated whether SOLA residents get the same access to the Central Park and community facilities as buyers in Wasl’s own buildings, or on different terms.
The honest read. Of the four Octa projects we cover, this is the most legible: the dates agree, the product is clear, and the entry price is the lowest of the group. The risks are the ones you would expect from a smaller developer inside a larger masterplan — a price that moves by 19% depending on where you read it, a payment plan with two competing structures, and a service charge nobody has estimated. Wasl Gate itself is a genuinely practical address: metro, park, Expo City and the airport expansion down the road.
Compiled November 2026 from Octa Properties’ own project page (price lead, handover, payment split, residence count, amenity list, developer name) and the listing portal’s project record (starting price, studio size, payment plan, feature tags, project reference). Where the two disagree, both figures are shown. Not a valuation.
The portal publishes one priced layout. Octa publishes a starting price with no size attached:
| Type | Size | Price | Per sq ft |
|---|---|---|---|
| Studio | 392 sq ft (portal) | AED 1,120,888 (portal) · “from AED 1.33M” (Octa) | AED 2,859 · 3,393 |
| 1-bedroom | not published | ask for the unit schedule | — |
| 2-bedroom | not published | ask for the unit schedule | — |
| 3-bedroom | not published | ask for the unit schedule | — |
A 392 sq ft studio is small — about 36 sq m — and at AED 2,859 per square foot it is priced like a mainstream new-build in a mid-market district rather than a bargain. The one-bedroom and family units, which are what the family positioning is actually selling, have no published sizes or prices at all, so the entry price tells you very little about the cost of the home most buyers here would want.
Ask for the full schedule and, specifically, for the largest and smallest units of each type. In a 260-home building the spread between a low-floor studio and a park-facing three-bedroom is the difference between two different products sharing a lift lobby.
The portal illustrates a 20 / 30 / 50 structure. On its own AED 1,120,888 studio:
| Stage | Share | On the AED 1,120,888 studio |
|---|---|---|
| Down payment | 20% | AED 224,178 |
| During construction | 30% | AED 336,266 (the portal shows 6 instalments, c. AED 56,044 each) |
| On handover | 50% | AED 560,444 |
| DLD transfer fee | 4% | AED 44,836, on top |
Octa’s own page states 50% during construction and 50% on completion, which on the same studio means AED 560,444 before you get the keys and the same again at handover. If that is the real plan, the cash requirement in the first two years is 2.5 times the portal’s illustration. If the portal is right, the construction phase is spread over six instalments. Get the schedule that will be annexed to the sale and purchase agreement, with dates.
Budget AED 1,165,724 to complete on the portal’s studio price including 4% DLD, or AED 1,383,200 on Octa’s starting price, before furniture, agency fees or finance. Check whether any post-handover element exists — neither page mentions one, which for a Q4 2027 completion is unusual in this market and worth confirming.

Inside the building: a pool, a kids’ pool, a gym with changing rooms, a multipurpose room and a kids’ play area. The portal’s tags add a fitness centre, parks and leisure areas, 24/7 security surveillance, dining outlets, restaurants and cafés, retail, a supermarket, a health care centre and a swimming pool.
Most of the longer list belongs to Wasl Gate rather than to SOLA — the supermarket, the restaurants and the health care centre are masterplan amenities, and the 82,700 sq m Central Park is the community’s shared asset. That is a good thing for daily life and a bad thing for cost transparency: ask which facilities SOLA residents pay for through their service charge and which are funded separately, and get the per-square-foot estimate in writing.
Wasl Gate sits in Jebel Ali on the Sheikh Zayed Road corridor, wrapped around the Energy Metro Station on the Red Line. Our community guide puts the metro a minute away, Festival Plaza and IKEA five minutes, Expo City ten, Al Maktoum International Airport fifteen and Dubai Marina twenty. For anyone working at the port, in the free zone, at Expo City or around the airport, that is one of the more practical addresses in the city.
The Central Park — 82,700 sq m of lawns, play areas and walking routes, open since April 2026 — is the amenity that makes the location work for families, and the reason entry prices here are higher than in the older Jebel Ali stock. Retail is still catching up: the community has local shops and the beginnings of a high street, with a 710 m retail boulevard planned as part of the Boulevard Park phase completing in 2029.
The rental market is a working one rather than a lifestyle one — tenants come from the port, the free zone, Expo City and the airport. That supports steady lets and limits how far rents can run. For resale, the same point applies: you will be competing with the rest of Wasl Gate’s pipeline, including more than 1,200 homes at Boulevard Park alone.
At Wasl Gate in Jebel Ali, Dubai, on the Sheikh Zayed Road corridor around the Energy Metro Station. It is inside Wasl's masterplan but is not a Wasl project.
SOLA Residences Real Estate Development, according to Octa's own project page. Octa Properties markets and sells the building. Wasl built the masterplan, but the developer of this building is SOLA.
The portal lists a 392 sq ft studio at AED 1,120,888, which is AED 2,859 per square foot. Octa says from AED 1.33M, which would be about AED 3,393 per square foot at that size. Ask which is current and what the difference buys.
Q4 2027 on both the portal and Octa's own page. It is the only one of the four Octa projects we cover where the two records agree on the date.
Octa publishes 50% during construction and 50% on completion. The portal illustrates 20% down, 30% during construction and 50% on handover, plus 4% DLD. On the studio that is a difference of about AED 336,000 in up-front cash.
260 residences, from studios to three bedrooms, according to Octa. Sizes and prices for the one-, two- and three-bedroom homes are not published.
A pool and kids' pool, a gym with changing rooms, a multipurpose room and a kids' play area inside the building. Wasl Gate adds the 82,700 sq m Central Park, retail, restaurants, a supermarket and a health care centre at masterplan level.
It sits within the masterplan, but neither page says whether SOLA residents get the same access to the Central Park and community facilities as buyers in Wasl's own buildings. Ask for that in writing.
Our community guide puts the Energy Metro Station a minute away, Festival Plaza five minutes, Expo City ten, Al Maktoum International Airport fifteen and Dubai Marina twenty.
Send us the layout and budget. We will get the full unit schedule, confirm the live price and payment plan, check the service charge, escrow and DLD registration, and benchmark the unit against rents and resales at Wasl Gate before you reserve.
One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.