1-bed · 888 sqft1 Residences by Wasl Tower 1, Al Kifaf · 10th floor · completed 2022

1004, 1 Residences by Wasl Tower 1

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

Unit 1004 · DLD and Ejari recordsUpdated 11 January 2023
Last soldAED 1.38M10 November 2022
Current rentAED 100K /yr11 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, 1 Residences by Wasl Tower 1

What is 1004 worth today?

Last sold for AED 1,375,706 in 2022

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11 Jan 2023RentedNew contract
AED 100,000/yr60 months · AED 112 per sqft
10 Nov 2022Sold by developerReady
AED 1,375,706AED 1,548 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2023.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
10th of 42
Parking
B2-76
Developer
Wasl
Completed
2022
Last sold
AED 1.38M · November 2022

About 1004, 1 Residences by Wasl Tower 1

1004 is a one-bedroom apartment of 888 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 10 November 2022 for AED 1,375,706, or AED 1,548 per sqft, 4% below the AED 1,610 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 January 2023. The current contract, signed on 11 January 2023, is AED 100,000 a year: a gross yield of 7.3% on the 2022 price.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in 1 Residences by Wasl Tower 1
1.4M1.6M202220242026Typical sale price by year: 2022 AED 1,475,589; 2023 AED 1,591,888; 2024 AED 1,700,000; 2025 AED 1,732,500; 2026 AED 1,675,000Sold by developer, November 2022: AED 1,375,706 (AED 1,548 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in 1 Residences by Wasl Tower 1
100K110K20232024202520262027Typical rent by year: 2023 AED 97,000; 2024 AED 104,605; 2025 AED 105,000; 2026 AED 112,000New contract, January 2023: AED 100,000 a year

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

1-beds in 1 Residences by Wasl Tower 1, and where 1004 sits

All 124 1-beds →

1004 last sold in November 2022 at AED 1,548 per sqft, 4% below what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,610). Over the last 12 months one-beds sold for AED 1,650,000 to 1,765,000, around AED 1,810 per sqft, and rent for AED 95,000 to 146,000 a year. 1004's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,675,000
12 Jan 20261,650,000
9 Jan 20261,730,000
8 Dec 20251,765,000
4 1-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
10032-bedAED 2.14M · Dec 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

1004, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 10 November 2022 for AED 1,375,706, or AED 1,548 per sqft.
  • Rented since January 2023 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 7.3%.
  • One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,650,000–1,765,000 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 11 January 2023.

Questions about 1004, 1 Residences by Wasl Tower 1

What did unit 1004 last sell for?

AED 1,375,706 on 10 November 2022, sold by the developer: AED 1,548 per sqft for 888 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 100,000 a year on the contract signed on 11 January 2023.

How big is unit 1004?

888 sqft (82.5 sqm): a one-bedroom apartment on the 10th floor of a 42-storey tower completed in 2022.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,650,000 to 1,765,000 in the last 12 months, around AED 1,810 per sqft.

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Mortgage on 1004, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.38M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,706
Deposit, UAE resident (20%)
AED 275,141
Deposit, non-resident (40%)
AED 550,282
Monthly over 25 years at 3.7%
AED 5,628

Plus AED 62,789 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →