1603, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold twice, last in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, 1 Residences by Wasl Tower 1
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,507 sqft
- Floor
- 16th of 42
- Parking
- B2-176
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1.96M · February 2023
- Building
- 1 Residences by Wasl Tower 1
About 1603, 1 Residences by Wasl Tower 1
1603 is a two-bedroom apartment of 1,507 sqft on the 16th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 8 February 2023 for AED 1,959,696, or AED 1,300 per sqft, 25% below the AED 1,738 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 15 June 2025, is AED 132,300 a year: a gross yield of 6.8% on the 2023 price.
Sales and rents for 1603 over time
1603 has sold twice; 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 1603 sits
All 197 2-beds →1603 last sold in February 2023 at AED 1,300 per sqft, 25% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,738). 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. 1603's AED 132,300 is at the bottom 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 16th floor
All 371 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,368 sqft | AED 2.5MAED 2,500,000 · Jul 2025July 2025 | 165,000 /yr | |
| 1602 | 2-bed | 1,273 sqft | AED 2.31MAED 2,312,770 · Feb 2023February 2023 | ||
| 1604 | 1-bed | 888 sqft | AED 1.7MAED 1,700,000 · Sep 2024September 2024 | 82,775 /yr | |
| 1605 | 1-bed | 924 sqft | AED 1.5MAED 1,497,947 · Nov 2022November 2022 | 110,000 /yr | |
| 1606 | 2-bed | 1,330 sqft | AED 2.25MAED 2,245,184 · Dec 2022December 2022 | 141,000 /yr | |
| 1607 | 2-bed | 1,273 sqft | AED 2.17MAED 2,165,815 · Dec 2022December 2022 | 145,000 /yr | |
| 1608 | 2-bed | 1,546 sqft | AED 2.63MAED 2,629,049 · Dec 2022December 2022 | 165,000 /yr | |
| 1609 | 1-bed | 924 sqft | AED 1.57MAED 1,569,490 · Nov 2022November 2022 | 120,000 /yr | |
| 1610 | 1-bed | 888 sqft | AED 1.51MAED 1,508,978 · Nov 2022November 2022 | 107,500 /yr |
1603, 1 Residences by Wasl Tower 1 in numbers
- Sold twice: first on 10 January 2023 for AED 2,545,060, last on 8 February 2023 for AED 1,959,696 (AED 1,300 per sqft).
- Rented since June 2023 on 3 Ejari contracts, from AED 120,000 to AED 132,300 a year.
- At AED 132,300 a year the gross yield on the 2023 price is 6.8%.
- 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 15 June 2025.
Questions about 1603, 1 Residences by Wasl Tower 1
What did unit 1603 last sell for?
AED 1,959,696 on 8 February 2023: AED 1,300 per sqft for 1,507 sqft. The unit has 2 registered sales; the first was AED 2,545,060 in January 2023.
What is the rent for unit 1603?
AED 132,300 a year on the contract renewed on 15 June 2025. The previous contract, from June 2024, was AED 126,000; the unit has been rented since June 2023.
How big is unit 1603?
1,507 sqft (140.0 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.
What is unit 1603 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 1603, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 1.96M, 8 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,959,696
- Deposit, UAE resident (20%)
- AED 391,939
- Deposit, non-resident (40%)
- AED 783,878
- Monthly over 25 years at 3.7%
- AED 8,018
Plus AED 87,317 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →