1609, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, 1 Residences by Wasl Tower 1
What is 1609 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 924 sqft
- Floor
- 16th of 42
- Parking
- B2-161
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1.57M · November 2022
- Building
- 1 Residences by Wasl Tower 1
About 1609, 1 Residences by Wasl Tower 1
1609 is a one-bedroom apartment of 924 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 4 November 2022 for AED 1,569,490, or AED 1,698 per sqft, 5% above the AED 1,617 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 28 August 2025, is AED 120,000 a year: a gross yield of 7.6% on the 2022 price.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the one-bed median of each year in the building.
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 1609 sits
All 124 1-beds →1609 last sold in November 2022 at AED 1,698 per sqft, 5% above what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,617). 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. 1609's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 945 sqft | 1,675,000 | 1,773 | ||
| 12 Jan 202612 January 2026 | 922 sqft | 1,650,000 | 1,788 | ||
| 9 Jan 20269 January 2026 | 945 sqft | 1,730,000 | 1,831 | ||
| 8 Dec 20258 December 2025 | 887 sqft | 1,765,000 | 1,990 |
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 | |
| 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 | |
| 1610 | 1-bed | 888 sqft | AED 1.51MAED 1,508,978 · Nov 2022November 2022 | 107,500 /yr |
1609, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 4 November 2022 for AED 1,569,490, or AED 1,698 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 135,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 7.6%.
- 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 28 August 2025.
Questions about 1609, 1 Residences by Wasl Tower 1
What did unit 1609 last sell for?
AED 1,569,490 on 4 November 2022, sold by the developer: AED 1,698 per sqft for 924 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 120,000 a year on the contract signed on 28 August 2025. The previous contract, from September 2024, was AED 135,000.
How big is unit 1609?
924 sqft (85.8 sqm): a one-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.
What is unit 1609 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 1609, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 1.57M, 4 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,569,490
- Deposit, UAE resident (20%)
- AED 313,898
- Deposit, non-resident (40%)
- AED 627,796
- Monthly over 25 years at 3.7%
- AED 6,421
Plus AED 70,929 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →