1-bed · 888 sqft1 Residences by Wasl Tower 1, Al Kifaf · 16th floor · completed 2022

1604, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in September 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.7M25 September 2024
Current rentAED 83K /yr7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, 1 Residences by Wasl Tower 1

What is 1604 worth today?

Last sold for AED 1,700,000 in 2024

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25 Sep 2024SoldReady
AED 1,700,000AED 1,913 per sqft
7 Aug 2023RentedNew contract
AED 82,775/yr12 months · AED 93 per sqft
7 Nov 2022Sold by developerReady
AED 1,440,192AED 1,621 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
16th of 42
Parking
B2-33
Developer
Wasl
Completed
2022
Last sold
AED 1.7M · September 2024

About 1604, 1 Residences by Wasl Tower 1

1604 is a one-bedroom apartment of 888 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 25 September 2024 for AED 1,700,000, or AED 1,913 per sqft, 3% above the AED 1,857 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 August 2023. The current contract, signed on 7 August 2023, is AED 82,775 a year: a gross yield of 4.9% on the 2024 price.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical one-bed in 1 Residences by Wasl Tower 1
1.4M1.6M202220242026Typical sale price by year: 2022 AED 1,475,589; 2023 AED 1,591,888; 2024 AED 1,700,000; 2025 AED 1,732,500; 2026 AED 1,675,000Sold by developer, November 2022: AED 1,440,192 (AED 1,621 per sqft)Sold, September 2024: AED 1,700,000 (AED 1,913 per sqft)

1604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in 1 Residences by Wasl Tower 1
80K100K20232024202520262027Typical rent by year: 2023 AED 97,000; 2024 AED 104,605; 2025 AED 105,000; 2026 AED 112,000New contract, August 2023: AED 82,775 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 1 Residences by Wasl Tower 1, and where 1604 sits

All 124 1-beds →

1604 last sold in September 2024 at AED 1,913 per sqft, 3% above what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,857). Over the last 12 months one-beds sold for AED 1,650,000 to 1,765,000, around AED 1,810 per sqft, and rent for AED 95,000 to 146,000 a year. 1604's AED 82,775 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,675,000
12 Jan 20261,650,000
9 Jan 20261,730,000
8 Dec 20251,765,000
4 1-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
16012-bedAED 2.5M · Jul 2025
16022-bedAED 2.31M · Feb 2023
16032-bedAED 1.96M · Feb 2023
16051-bedAED 1.5M · Nov 2022
16062-bedAED 2.25M · Dec 2022
16072-bedAED 2.17M · Dec 2022
16082-bedAED 2.63M · Dec 2022
1–7 of 9

1604, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 7 November 2022 for AED 1,440,192, last on 25 September 2024 for AED 1,700,000 (AED 1,913 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 82,775 a year.
  • At AED 82,775 a year the gross yield on the 2024 price is 4.9%.
  • One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,650,000–1,765,000 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 25 September 2024.

Questions about 1604, 1 Residences by Wasl Tower 1

What did unit 1604 last sell for?

AED 1,700,000 on 25 September 2024: AED 1,913 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 1,440,192 in November 2022.

What is the rent for unit 1604?

AED 82,775 a year on the contract signed on 7 August 2023.

How big is unit 1604?

888 sqft (82.5 sqm): a one-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.

What is unit 1604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,650,000 to 1,765,000 in the last 12 months, around AED 1,810 per sqft.

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Mortgage on 1604, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.7M, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →