Lateral One

Lateral One is a boutique residential project under construction in Wadi Al Safa 5, Dubai, built by Grand Signature Development. The building is planned for handover in Q4 2026. Construction has reached 72%.

The building and its homes

The project is a single three floor building with 40 apartments in total. The home types are studios, one bedroom apartments and two bedroom apartments. Studios range from 63.35 m² to 63.62 m² and are priced from 993,212 AED. One bedroom homes range from 79.05 m² to 109.21 m² and start at 1,150,676 AED. Two bedroom homes run from 153.2 m² to 261.62 m² and are priced from 2,058,780 AED. Apartments will be delivered fully furnished. The price per m² is 13,438 AED.

Ownership and payment

All apartments are sold as freehold. The payment plan is 20% on booking and 80% on handover; a 100% payment on booking is also possible. An escrow account is open for the project, and its details can be checked against the documents for a chosen apartment before any money is transferred.

Amenities on site

A swimming pool is planned for the building, with a terrace alongside it. There will be a landscaped garden, a barbecue area and a zen garden. A gym and a yoga studio are part of the plans. A children's playground will sit within the project. The building is designed with energy saving lighting and water saving sanitary fittings. By design, the homes will look out to the community gardens and the city skyline.

The wider setting

The building stands in Dubai Land Residential Complex, a community where apartments and commercial units sit together; its address falls under Wadi Al Safa 5. Shops are planned within the project. Bus stops serving Dubai Sky Courts, Ajmal Sarah Tower and Dubai Sky Courts, Nilona Residence are in the surroundings. Dubai Outlet Mall, with more than 240 shops including clothing and home goods as well as restaurants, is 5 minutes from the home. Global Village, a seasonal cultural and entertainment centre with country pavilions and shows, is 10 minutes away. Dragon Mart, with over 3500 retail points, is useful for furniture and household goods. Silicon Oasis Mall is 10 minutes away. The home connects to Sheikh Mohammed Bin Zayed Road, Al Khail Road and Emirates Road. GEMS First Point School L.L.C, Al Ghurair University and Fakeeh University Hospital are in the surroundings. Al Barari Playground, a play area among gardens, lies beyond the project.

Costs and charges

The service charge is 129.17 AED per m² a year. The building carries a project designation number from DLD, and the unit, building and facade are marked accordingly. The developer may replace materials with equivalent ones; only the contract has force.