2-bed · 1,274 sqft1 Residences by Wasl Tower 1, Al Kifaf · 40th floor · completed 2022

4002, 1 Residences by Wasl Tower 1

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

Unit 4002 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.81M3 March 2023
Current rentAED 150K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, 1 Residences by Wasl Tower 1

What is 4002 worth today?

Last sold for AED 2,812,147 in 2023

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1 Jul 2025RentedRenewal
AED 150,000/yr12 months · AED 118 per sqft
1 Jul 2024RentedRenewal
AED 157,500/yr12 months · AED 124 per sqft
1 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
3 Mar 2023Sold by developerReady
AED 2,812,147AED 2,207 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
40th of 42
Parking
B3-53
Developer
Wasl
Completed
2022
Last sold
AED 2.81M · March 2023

About 4002, 1 Residences by Wasl Tower 1

4002 is a two-bedroom apartment of 1,274 sqft on the 40th 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 3 March 2023 for AED 2,812,147, or AED 2,207 per sqft, 27% above the AED 1,737 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 1 July 2025, is AED 150,000 a year: a gross yield of 5.3% on the 2023 price.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, March 2023: AED 2,812,147 (AED 2,207 per sqft)

4002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4002, 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, July 2023: AED 150,000 a yearRenewal, July 2024: AED 157,500 a yearRenewal, July 2025: AED 150,000 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 4002 sits

All 197 2-beds →

4002 last sold in March 2023 at AED 2,207 per sqft, 27% above what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,737). 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. 4002's AED 150,000 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
40013-bedAED 5.24M · Jan 2023
40033-bedAED 4.45M · Jan 2023
40052-bedAED 2.94M · Apr 2025
40073-bedAED 4.2M · Feb 2023
40092-bedAED 2.66M · Dec 2022
40101-bedAED 1.93M · Dec 2022
40112-bedAED 3.34M · Nov 2024

4002, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 3 March 2023 for AED 2,812,147, or AED 2,207 per sqft.
  • Rented since July 2023 on 3 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 5.3%.
  • 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 July 2025.

Questions about 4002, 1 Residences by Wasl Tower 1

What did unit 4002 last sell for?

AED 2,812,147 on 3 March 2023, sold by the developer: AED 2,207 per sqft for 1,274 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 150,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 157,500; the unit has been rented since July 2023.

How big is unit 4002?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 40th floor of a 42-storey tower completed in 2022.

What is unit 4002 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 4002, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.81M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,812,147
Deposit, UAE resident (20%)
AED 562,429
Deposit, non-resident (40%)
AED 1,124,859
Monthly over 25 years at 3.7%
AED 11,505

Plus AED 123,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →