1503, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, 1 Residences by Wasl Tower 1
What is 1503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,502 sqft
- Floor
- 15th of 42
- Parking
- B2-175
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.52M · March 2023
- Building
- 1 Residences by Wasl Tower 1
About 1503, 1 Residences by Wasl Tower 1
1503 is a two-bedroom apartment of 1,502 sqft on the 15th 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 1 March 2023 for AED 2,517,236, or AED 1,675 per sqft, 3% below the AED 1,731 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 10 December 2025, is AED 150,000 a year: a gross yield of 6.0% on the 2023 price.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 197 2-beds →1503 last sold in March 2023 at AED 1,675 per sqft, 3% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,731). 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. 1503's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,273 sqft | 3,200,000 | 2,513 | ||
| 4 Feb 20264 February 2026 | 1,502 sqft | 3,000,000 | 1,997 | ||
| 25 Dec 202525 December 2025 | 1,273 sqft | 2,740,000 | 2,151 | ||
| 22 Jul 202522 July 2025 | 1,368 sqft | 2,500,000 | 1,827 |
1 Residences by Wasl Tower 1
Building371 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%
Other units on the 15th floor
All 371 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,439 sqft | AED 2.59MAED 2,594,261 · Nov 2022November 2022 | 160,000 /yr | |
| 1502 | 1,273 sqft | AED 2.88MAED 2,875,000 · Oct 2025October 2025 | |||
| 1504 | 1-bed | 898 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 105,000 /yr | |
| 1505 | 1-bed | 934 sqft | AED 1.5MAED 1,502,716 · Jan 2023January 2023 | 105,000 /yr | |
| 1506 | 2-bed | 1,401 sqft | AED 2.72MAED 2,720,000 · Sep 2023September 2023 | ||
| 1507 | 2-bed | 1,273 sqft | AED 2.19MAED 2,192,768 · Apr 2023April 2023 | 140,000 /yr | |
| 1508 | 2-bed | 1,540 sqft | AED 2.6MAED 2,600,676 · Dec 2022December 2022 | 160,000 /yr | |
| 1509 | 1-bed | 934 sqft | AED 1.57MAED 1,574,390 · Nov 2022November 2022 | ||
| 1510 | 1-bed | 898 sqft | AED 1.51MAED 1,514,308 · Nov 2022November 2022 | 120,000 /yr |
1503, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 1 March 2023 for AED 2,517,236, or AED 1,675 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 6.0%.
- 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 10 December 2025.
Questions about 1503, 1 Residences by Wasl Tower 1
What did unit 1503 last sell for?
AED 2,517,236 on 1 March 2023, sold by the developer: AED 1,675 per sqft for 1,502 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 150,000 a year on the contract renewed on 10 December 2025. The previous contract, from December 2024, was AED 150,000.
How big is unit 1503?
1,502 sqft (139.5 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2022.
What is unit 1503 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 1503, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.52M, 1 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,517,236
- Deposit, UAE resident (20%)
- AED 503,447
- Deposit, non-resident (40%)
- AED 1,006,894
- Monthly over 25 years at 3.7%
- AED 10,299
Plus AED 110,733 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →