2-bed · 1,422 sqft1 Residences by Wasl Tower 1, Al Kifaf · 2nd floor · completed 2022

206, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 2.3M1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, 1 Residences by Wasl Tower 1

What is 206 worth today?

Last sold for AED 2,300,000 in 2023

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1 Jun 2023SoldReady
AED 2,300,000AED 1,617 per sqft
20 Feb 2023Sold by developerReady
AED 2,203,847AED 1,549 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2023.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
2nd of 42
Parking
2F-30
Developer
Wasl
Completed
2022
Last sold
AED 2.3M · June 2023

About 206, 1 Residences by Wasl Tower 1

206 is a two-bedroom apartment of 1,422 sqft on the 2nd floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 1 June 2023 for AED 2,300,000, or AED 1,617 per sqft, 7% below the AED 1,736 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M3M20222023202420252026Typical 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, February 2023: AED 2,203,847 (AED 1,549 per sqft)Sold, June 2023: AED 2,300,000 (AED 1,617 per sqft)

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

Rents
Unit 206, 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 185,000

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 206 sits

All 197 2-beds →

206 last sold in June 2023 at AED 1,617 per sqft, 7% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,736). 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.

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
2012-bedAED 2.42M · Dec 2022
2022-bedAED 2.1M · Dec 2023
2032-bedAED 2.07M · Jan 2023
2041-bedAED 1.32M · Nov 2022
2051-bedAED 1.65M · Jan 2026
2072-bedAED 2.43M · Dec 2023
2081-bedAED 1.44M · Jan 2023
1–7 of 8

206, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 20 February 2023 for AED 2,203,847, last on 1 June 2023 for AED 2,300,000 (AED 1,617 per sqft).
  • 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 1 June 2023.

Questions about 206, 1 Residences by Wasl Tower 1

What did unit 206 last sell for?

AED 2,300,000 on 1 June 2023: AED 1,617 per sqft for 1,422 sqft. The unit has 2 registered sales; the first was AED 2,203,847 in February 2023.

How big is unit 206?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 2nd floor of a 42-storey tower completed in 2022.

What is unit 206 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 206, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.3M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →