2-bed · 1,540 sqft1 Residences by Wasl Tower 1, Al Kifaf · 17th floor · completed 2022

1701, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 2.64M2 November 2022
Current rentAED 158K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, 1 Residences by Wasl Tower 1

What is 1701 worth today?

Last sold for AED 2,639,304 in 2022

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20 Aug 2025RentedRenewal
AED 158,000/yr12 months · AED 103 per sqft
20 Aug 2024RentedNew contract
AED 158,000/yr12 months · AED 103 per sqft
27 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
2 Nov 2022Sold by developerReady
AED 2,639,304AED 1,713 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
17th of 42
Parking
B2-42
Developer
Wasl
Completed
2022
Last sold
AED 2.64M · November 2022

About 1701, 1 Residences by Wasl Tower 1

1701 is a two-bedroom apartment of 1,540 sqft on the 17th 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 2 November 2022 for AED 2,639,304, or AED 1,713 per sqft, 5% above the AED 1,637 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 20 August 2025, is AED 158,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M2.75M20222023202420252026Typical sale price by year: 2022 AED 2,441,530; 2023 AED 2,469,537; 2024 AED 2,836,497; 2025 AED 2,891,529Sold by developer, November 2022: AED 2,639,304 (AED 1,713 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in 1 Residences by Wasl Tower 1
160K180K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 154,000; 2025 AED 155,000; 2026 AED 185,000New contract, February 2023: AED 150,000 a yearNew contract, August 2024: AED 158,000 a yearRenewal, August 2025: AED 158,000 a year

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 1701 sits

All 197 2-beds →

1701 last sold in November 2022 at AED 1,713 per sqft, 5% above what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,637). 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. 1701's AED 158,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20263,200,000
4 Feb 20263,000,000
25 Dec 20252,740,000
22 Jul 20252,500,000
4 2-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
17022-bedAED 2.2M · Nov 2022
17032-bedAED 2.38M · Nov 2022
17041-bedAED 1.45M · Dec 2022
17051-bedAED 1.51M · Dec 2022
17062-bedAED 2.66M · Aug 2023
17072-bedAED 2.18M · Mar 2023
17082-bedAED 2.48M · Feb 2023
1–7 of 9

1701, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 2 November 2022 for AED 2,639,304, or AED 1,713 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 150,000 to AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2022 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 20 August 2025.

Questions about 1701, 1 Residences by Wasl Tower 1

What did unit 1701 last sell for?

AED 2,639,304 on 2 November 2022, sold by the developer: AED 1,713 per sqft for 1,540 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 158,000 a year on the contract renewed on 20 August 2025. The previous contract, from August 2024, was AED 158,000; the unit has been rented since February 2023.

How big is unit 1701?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 17th floor of a 42-storey tower completed in 2022.

What is unit 1701 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 1701, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.64M, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,639,304
Deposit, UAE resident (20%)
AED 527,861
Deposit, non-resident (40%)
AED 1,055,722
Monthly over 25 years at 3.7%
AED 10,798

Plus AED 115,861 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →