2-bed · 1,664 sqft1 Residences by Wasl Tower 1, Al Kifaf · 1st floor · completed 2022

103, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.61M28 May 2024
Current rentAED 155K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, 1 Residences by Wasl Tower 1

What is 103 worth today?

Last sold for AED 2,608,871 in 2024

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1 Sep 2024RentedNew contract
AED 155,000/yr12 months · AED 93 per sqft
28 May 2024Sold by developerReady
AED 2,608,871AED 1,567 per sqft

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

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
1st of 42
Parking
1F-47
Developer
Wasl
Completed
2022
Last sold
AED 2.61M · May 2024

About 103, 1 Residences by Wasl Tower 1

103 is a two-bedroom apartment of 1,664 sqft on the 1st 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 28 May 2024 for AED 2,608,871, or AED 1,567 per sqft, 16% below the AED 1,870 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 155,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M2.75M20222023202420252026Typical 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, May 2024: AED 2,608,871 (AED 1,567 per sqft)

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

Rents
Unit 103, 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, September 2024: AED 155,000 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 103 sits

All 197 2-beds →

103 last sold in May 2024 at AED 1,567 per sqft, 16% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,870). 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. 103's AED 155,000 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
1012-bedAED 2.6M · Apr 2023
1022-bedAED 2.08M · Feb 2023
1041-bedAED 1.54M · Feb 2023
1051-bedAED 1.59M · Feb 2023
1062-bedAED 2.57M · Jul 2023
1072-bedAED 2.54M · Oct 2023
1081-bedAED 1.43M · Jan 2023
1–7 of 8

103, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 28 May 2024 for AED 2,608,871, or AED 1,567 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 September 2024.

Questions about 103, 1 Residences by Wasl Tower 1

What did unit 103 last sell for?

AED 2,608,871 on 28 May 2024, sold by the developer: AED 1,567 per sqft for 1,664 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 155,000 a year on the contract signed on 1 September 2024.

How big is unit 103?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 1st floor of a 42-storey tower completed in 2022.

What is unit 103 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 103, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.61M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,608,871
Deposit, UAE resident (20%)
AED 521,774
Deposit, non-resident (40%)
AED 1,043,548
Monthly over 25 years at 3.7%
AED 10,674

Plus AED 114,583 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →