1-bed · 896 sqft1 Residences by Wasl Tower 1, Al Kifaf · 3rd floor · completed 2022

309, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 1.41M10 January 2023
Current rentAED 120K /yr8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, 1 Residences by Wasl Tower 1

What is 309 worth today?

Last sold for AED 1,410,069 in 2023

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8 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft
10 Jan 2023Sold by developerReady
AED 1,410,069AED 1,573 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
3rd of 42
Parking
3F-39
Developer
Wasl
Completed
2022
Last sold
AED 1.41M · January 2023

About 309, 1 Residences by Wasl Tower 1

309 is a one-bedroom apartment of 896 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 10 January 2023 for AED 1,410,069, or AED 1,573 per sqft, 4% below the AED 1,635 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 November 2024. The current contract, signed on 8 November 2024, is AED 120,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in 1 Residences by Wasl Tower 1
1.4M1.6M202220242026Typical sale price by year: 2022 AED 1,475,589; 2023 AED 1,591,888; 2024 AED 1,700,000; 2025 AED 1,732,500; 2026 AED 1,675,000Sold by developer, January 2023: AED 1,410,069 (AED 1,573 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in 1 Residences by Wasl Tower 1
100K120K20232024202520262027Typical rent by year: 2023 AED 97,000; 2024 AED 104,605; 2025 AED 105,000; 2026 AED 112,000New contract, November 2024: AED 120,000 a year

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 309 sits

All 124 1-beds →

309 last sold in January 2023 at AED 1,573 per sqft, 4% below what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,635). 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. 309's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,675,000
12 Jan 20261,650,000
9 Jan 20261,730,000
8 Dec 20251,765,000
4 1-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
3012-bedAED 2.53M · Oct 2023
3022-bedAED 2.12M · Jan 2023
3032-bedAED 2.35M · Nov 2022
3041-bedAED 1.34M · Nov 2022
3051-bedAED 1.4M · Dec 2022
3062-bedAED 2.34M · Jul 2023
3072-bedAED 2.58M · Sep 2023
1–7 of 8

309, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 10 January 2023 for AED 1,410,069, or AED 1,573 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 8.5%.
  • 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 8 November 2024.

Questions about 309, 1 Residences by Wasl Tower 1

What did unit 309 last sell for?

AED 1,410,069 on 10 January 2023, sold by the developer: AED 1,573 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 120,000 a year on the contract signed on 8 November 2024.

How big is unit 309?

896 sqft (83.2 sqm): a one-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2022.

What is unit 309 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 309, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.41M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,069
Deposit, UAE resident (20%)
AED 282,014
Deposit, non-resident (40%)
AED 564,028
Monthly over 25 years at 3.7%
AED 5,769

Plus AED 64,233 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →