2-bed · 1,546 sqft1 Residences by Wasl Tower 1, Al Kifaf · 12th floor · completed 2022

1208, 1 Residences by Wasl Tower 1

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

Unit 1208 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 2.55M23 November 2022
Current rentAED 145K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, 1 Residences by Wasl Tower 1

What is 1208 worth today?

Last sold for AED 2,551,151 in 2022

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20 Jan 2026RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
20 Jan 2025RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
20 Jan 2023RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
23 Nov 2022Sold by developerReady
AED 2,551,151AED 1,650 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
12th of 42
Parking
B2-55
Developer
Wasl
Completed
2022
Last sold
AED 2.55M · November 2022

About 1208, 1 Residences by Wasl Tower 1

1208 is a two-bedroom apartment of 1,546 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 23 November 2022 for AED 2,551,151, or AED 1,650 per sqft, 4% below the AED 1,711 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 145,000 a year: a gross yield of 5.7% on the 2022 price.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, November 2022: AED 2,551,151 (AED 1,650 per sqft)

1208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in 1 Residences by Wasl Tower 1
140K160K180K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 154,000; 2025 AED 155,000; 2026 AED 185,000New contract, January 2023: AED 145,000 a yearRenewal, January 2025: AED 145,000 a yearRenewal, January 2026: AED 145,000 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 1208 sits

All 197 2-beds →

1208 last sold in November 2022 at AED 1,650 per sqft, 4% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,711). 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. 1208's AED 145,000 is at the bottom 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
12022-bedAED 2.12M · Dec 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
1–7 of 9

1208, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 23 November 2022 for AED 2,551,151, or AED 1,650 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 5.7%.
  • 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 20 January 2026.

Questions about 1208, 1 Residences by Wasl Tower 1

What did unit 1208 last sell for?

AED 2,551,151 on 23 November 2022, sold by the developer: AED 1,650 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 145,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 145,000; the unit has been rented since January 2023.

How big is unit 1208?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.

What is unit 1208 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 1208, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.55M, 23 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,551,151
Deposit, UAE resident (20%)
AED 510,230
Deposit, non-resident (40%)
AED 1,020,460
Monthly over 25 years at 3.7%
AED 10,438

Plus AED 112,158 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →