2-bed · 1,273 sqft1 Residences by Wasl Tower 1, Al Kifaf · 12th floor · completed 2022

1202, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 2.12M21 December 2022
Current rentAED 155K /yr2 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, 1 Residences by Wasl Tower 1

What is 1202 worth today?

Last sold for AED 2,117,686 in 2022

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2 Sep 2025RentedRenewal
AED 155,000/yr12 months · AED 122 per sqft
2 Sep 2024RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
21 Dec 2022Sold by developerReady
AED 2,117,686AED 1,663 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2025.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
12th of 42
Parking
B2-145
Developer
Wasl
Completed
2022
Last sold
AED 2.12M · December 2022

About 1202, 1 Residences by Wasl Tower 1

1202 is a two-bedroom apartment of 1,273 sqft on the 12th 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 2,117,686, or AED 1,663 per sqft, in line with the AED 1,709 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 September 2025, is AED 155,000 a year: a gross yield of 7.3% on the 2022 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2M2.5M3M20222023202420252026Typical 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 2,117,686 (AED 1,663 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, 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 150,000 a yearRenewal, September 2025: 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 1202 sits

All 197 2-beds →

1202 last sold in December 2022 at AED 1,663 per sqft, in line with 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. 1202'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
12012-bedAED 2.41M · Nov 2022
12032-bedAED 2.47M · Nov 2022
12041-bedAED 1.7M · May 2025
12051-bedAED 1.45M · Nov 2022
12062-bedAED 2.35M · Nov 2023
12072-bedAED 2.14M · Mar 2023
12082-bedAED 2.55M · Nov 2022
1–7 of 9

1202, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 21 December 2022 for AED 2,117,686, or AED 1,663 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 150,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 7.3%.
  • 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 2 September 2025.

Questions about 1202, 1 Residences by Wasl Tower 1

What did unit 1202 last sell for?

AED 2,117,686 on 21 December 2022, sold by the developer: AED 1,663 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 155,000 a year on the contract renewed on 2 September 2025. The previous contract, from September 2024, was AED 150,000.

How big is unit 1202?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.

What is unit 1202 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 1202, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.12M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,117,686
Deposit, UAE resident (20%)
AED 423,537
Deposit, non-resident (40%)
AED 847,074
Monthly over 25 years at 3.7%
AED 8,664

Plus AED 93,952 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →