2-bed · 1,330 sqft1 Residences by Wasl Tower 1, Al Kifaf · 10th floor · completed 2022

1003, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 2.14M21 December 2022
Current rentAED 168K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, 1 Residences by Wasl Tower 1

What is 1003 worth today?

Last sold for AED 2,144,314 in 2022

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1 Mar 2024RentedRenewal
AED 168,000/yr12 months · AED 126 per sqft
1 Mar 2023RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
21 Dec 2022Sold by developerReady
AED 2,144,314AED 1,612 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,330 sqft
Floor
10th of 42
Parking
B2-75
Developer
Wasl
Completed
2022
Last sold
AED 2.14M · December 2022

About 1003, 1 Residences by Wasl Tower 1

1003 is a two-bedroom apartment of 1,330 sqft on the 10th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. The developer sold it on 21 December 2022 for AED 2,144,314, or AED 1,612 per sqft, 6% below the AED 1,709 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 168,000 a year: a gross yield of 7.8% on the 2022 price.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M3M20222023202420252026Typical sale price by year: 2022 AED 2,441,530; 2023 AED 2,469,537; 2024 AED 2,836,497; 2025 AED 2,891,529Sold by developer, December 2022: AED 2,144,314 (AED 1,612 per sqft)

1003 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in 1 Residences by Wasl Tower 1
160K180K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 154,000; 2025 AED 155,000; 2026 AED 185,000New contract, March 2023: AED 160,000 a yearRenewal, March 2024: AED 168,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 1 Residences by Wasl Tower 1, and where 1003 sits

All 197 2-beds →

1003 last sold in December 2022 at AED 1,612 per sqft, 6% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,709). Over the last 12 months two-beds sold for AED 2,270,000 to 3,200,000, around AED 2,074 per sqft, and rent for AED 145,000 to 200,000 a year. 1003's AED 168,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20263,200,000
4 Feb 20263,000,000
25 Dec 20252,740,000
22 Jul 20252,500,000
4 2-bed sales in the last 12 months

1 Residences by Wasl Tower 1

Building

371 apartments, 1-bed to 3-bed over 42 floors in Al Kifaf, completed in 2022 by Wasl. 8 sold in the last 12 months.

Typical price per sqft
AED 1,911
Typical sale
AED 2.02M
Typical rent
AED 120K /yr
Typical yield
6.3%
1 Residences by Wasl Tower 1, Al Kifaf: prices, sales and rents →
Value
1001AED 2.66M · Jan 2023
10022-bedAED 2.21M · Oct 2022
10041-bedAED 1.38M · Nov 2022
1005AED 1.75M · Oct 2025
10062-bedAED 2.53M · Mar 2023
10072-bedAED 2.4M · Sep 2024
10082-bedAED 3M · Aug 2024
1–7 of 9

1003, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 21 December 2022 for AED 2,144,314, or AED 1,612 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 160,000 to AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2022 price is 7.8%.
  • Two-beds in 1 Residences by Wasl Tower 1 sold for AED 2,270,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,911 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Questions about 1003, 1 Residences by Wasl Tower 1

What did unit 1003 last sell for?

AED 2,144,314 on 21 December 2022, sold by the developer: AED 1,612 per sqft for 1,330 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 168,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 160,000.

How big is unit 1003?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 10th floor of a 42-storey tower completed in 2022.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 1 Residences by Wasl Tower 1 sold for AED 2,270,000 to 3,200,000 in the last 12 months, around AED 2,074 per sqft.

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Mortgage on 1003, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.14M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,144,314
Deposit, UAE resident (20%)
AED 428,863
Deposit, non-resident (40%)
AED 857,726
Monthly over 25 years at 3.7%
AED 8,773

Plus AED 95,072 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →