2-bed · 1,502 sqft1 Residences by Wasl Tower 1, Al Kifaf · 24th floor · completed 2022

2406, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 9 October 2023
Last soldAED 2.96M9 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, 1 Residences by Wasl Tower 1

What is 2406 worth today?

Last sold for AED 2,962,026 in 2023

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9 Oct 2023Sold by developerReady
AED 2,962,026AED 1,971 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2023.

Key facts

Type
2-bed apartment
Size
1,502 sqft
Floor
24th of 42
Parking
B1-68
Developer
Wasl
Completed
2022
Last sold
AED 2.96M · October 2023

About 2406, 1 Residences by Wasl Tower 1

2406 is a two-bedroom apartment of 1,502 sqft on the 24th 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 9 October 2023 for AED 2,962,026, or AED 1,971 per sqft, 13% above the AED 1,738 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M2.75M3M20222023202420252026Typical 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, October 2023: AED 2,962,026 (AED 1,971 per sqft)

2406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, 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 2406 sits

All 197 2-beds →

2406 last sold in October 2023 at AED 1,971 per sqft, 13% above what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,738). 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
24013-bedAED 4.59M · Jan 2023
24022-bedAED 3.05M · Dec 2024
24032-bedAED 2.49M · Nov 2022
24041-bedAED 1.52M · Feb 2023
24051-bedAED 1.58M · Nov 2022
24071-bedAED 1.67M · Dec 2022
24092-bedAED 2.77M · Feb 2023

2406, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 9 October 2023 for AED 2,962,026, or AED 1,971 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 9 October 2023.

Questions about 2406, 1 Residences by Wasl Tower 1

What did unit 2406 last sell for?

AED 2,962,026 on 9 October 2023, sold by the developer: AED 1,971 per sqft for 1,502 sqft. It is the only registered sale of the unit.

How big is unit 2406?

1,502 sqft (139.5 sqm): a two-bedroom apartment on the 24th floor of a 42-storey tower completed in 2022.

What is unit 2406 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 2406, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.96M, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,962,026
Deposit, UAE resident (20%)
AED 592,405
Deposit, non-resident (40%)
AED 1,184,810
Monthly over 25 years at 3.7%
AED 12,119

Plus AED 129,415 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →