308, 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 308, 1 Residences by Wasl Tower 1
What is 308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 932 sqft
- Floor
- 3rd of 42
- Parking
- 3F-36
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1.47M · December 2022
- Building
- 1 Residences by Wasl Tower 1
About 308, 1 Residences by Wasl Tower 1
308 is a one-bedroom apartment of 932 sqft on the 3rd 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 1,466,445, or AED 1,572 per sqft, in line with the AED 1,610 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 99,000 a year: a gross yield of 6.8% on the 2022 price.
Sales and rents for 308 over time
308 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 308 sits
All 124 1-beds →308 last sold in December 2022 at AED 1,572 per sqft, in line with what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,610). 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. 308's AED 99,000 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 3rd floor
All 371 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,443 sqft | AED 2.53MAED 2,525,706 · Oct 2023October 2023 | ||
| 302 | 2-bed | 1,267 sqft | AED 2.12MAED 2,115,290 · Jan 2023January 2023 | ||
| 303 | 2-bed | 1,507 sqft | AED 2.35MAED 2,354,115 · Nov 2022November 2022 | ||
| 304 | 1-bed | 896 sqft | AED 1.34MAED 1,344,824 · Nov 2022November 2022 | 100,000 /yr | |
| 305 | 1-bed | 932 sqft | AED 1.4MAED 1,398,598 · Dec 2022December 2022 | ||
| 306 | 2-bed | 1,469 sqft | AED 2.34MAED 2,340,655 · Jul 2023July 2023 | 140,000 /yr | |
| 307 | 2-bed | 1,502 sqft | AED 2.58MAED 2,579,328 · Sep 2023September 2023 | ||
| 309 | 1-bed | 896 sqft | AED 1.41MAED 1,410,069 · Jan 2023January 2023 | 120,000 /yr |
308, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 21 December 2022 for AED 1,466,445, or AED 1,572 per sqft.
- Rented since March 2023 on 2 Ejari contracts, from AED 97,000 to AED 99,000 a year.
- At AED 99,000 a year the gross yield on the 2022 price is 6.8%.
- 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 1 May 2024.
Questions about 308, 1 Residences by Wasl Tower 1
What did unit 308 last sell for?
AED 1,466,445 on 21 December 2022, sold by the developer: AED 1,572 per sqft for 932 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 99,000 a year on the contract signed on 1 May 2024. The previous contract, from March 2023, was AED 97,000.
How big is unit 308?
932 sqft (86.6 sqm): a one-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2022.
What is unit 308 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 308, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 1.47M, 21 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,466,445
- Deposit, UAE resident (20%)
- AED 293,289
- Deposit, non-resident (40%)
- AED 586,578
- Monthly over 25 years at 3.7%
- AED 6,000
Plus AED 66,601 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →