1606, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, 1 Residences by Wasl Tower 1
What is 1606 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,330 sqft
- Floor
- 16th of 42
- Parking
- B2-182
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.25M · December 2022
- Building
- 1 Residences by Wasl Tower 1
About 1606, 1 Residences by Wasl Tower 1
1606 is a two-bedroom apartment of 1,330 sqft on the 16th 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 2,245,184, or AED 1,688 per sqft, in line with the AED 1,709 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 21 March 2025, is AED 141,000 a year: a gross yield of 6.3% on the 2022 price.
Sales and rents for 1606 over time
1606 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 1606 sits
All 197 2-beds →1606 last sold in December 2022 at AED 1,688 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. 1606's AED 141,000 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 | ||
| 1603 | 2-bed | 1,507 sqft | AED 1.96MAED 1,959,696 · Feb 2023February 2023 | 132,300 /yr | |
| 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 | |
| 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 |
1606, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 21 December 2022 for AED 2,245,184, or AED 1,688 per sqft.
- Rented since March 2023 on 3 Ejari contracts, from AED 138,000 to AED 141,000 a year.
- At AED 141,000 a year the gross yield on the 2022 price is 6.3%.
- 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 21 March 2025.
Questions about 1606, 1 Residences by Wasl Tower 1
What did unit 1606 last sell for?
AED 2,245,184 on 21 December 2022, sold by the developer: AED 1,688 per sqft for 1,330 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 141,000 a year on the contract renewed on 21 March 2025. The previous contract, from March 2024, was AED 138,000; the unit has been rented since March 2023.
How big is unit 1606?
1,330 sqft (123.6 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.
What is unit 1606 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 1606, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.25M, 21 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,245,184
- Deposit, UAE resident (20%)
- AED 449,037
- Deposit, non-resident (40%)
- AED 898,074
- Monthly over 25 years at 3.7%
- AED 9,186
Plus AED 99,307 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →