401, 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 401, 1 Residences by Wasl Tower 1
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,372 sqft
- Floor
- 4th of 42
- Parking
- 3F-21
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.33M · December 2022
- Building
- 1 Residences by Wasl Tower 1
About 401, 1 Residences by Wasl Tower 1
401 is a two-bedroom apartment of 1,372 sqft on the 4th 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 22 December 2022 for AED 2,327,525, or AED 1,696 per sqft, in line with the AED 1,709 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 2 June 2025, is AED 140,000 a year: a gross yield of 6.0% on the 2022 price.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 197 2-beds →401 last sold in December 2022 at AED 1,696 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,709). 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. 401's AED 140,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,273 sqft | 3,200,000 | 2,513 | ||
| 4 Feb 20264 February 2026 | 1,502 sqft | 3,000,000 | 1,997 | ||
| 25 Dec 202525 December 2025 | 1,273 sqft | 2,740,000 | 2,151 | ||
| 22 Jul 202522 July 2025 | 1,368 sqft | 2,500,000 | 1,827 |
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 4th floor
All 371 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,267 sqft | AED 2.35MAED 2,350,000 · Feb 2024February 2024 | ||
| 403 | 2-bed | 741 sqft | AED 2.38MAED 2,381,416 · Nov 2022November 2022 | ||
| 404 | 1-bed | 887 sqft | AED 1.34MAED 1,341,013 · Nov 2022November 2022 | 112,000 /yr | |
| 405 | 1-bed | 922 sqft | AED 1.4MAED 1,395,221 · Nov 2022November 2022 | 95,000 /yr | |
| 406 | 2-bed | 1,876 sqft | AED 3.01MAED 3,014,212 · May 2023May 2023 | ||
| 407 | 2-bed | 1,635 sqft | AED 2.65MAED 2,649,098 · Feb 2023February 2023 | 170,000 /yr | |
| 408 | 1-bed | 922 sqft | AED 1.41MAED 1,406,383 · Nov 2022November 2022 | 110,000 /yr | |
| 409 | 1-bed | 887 sqft | AED 1.85MAED 1,850,000 · Mar 2025March 2025 |
401, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 22 December 2022 for AED 2,327,525, or AED 1,696 per sqft.
- Rented since June 2023 on 3 Ejari contracts, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2022 price is 6.0%.
- 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 2 June 2025.
Questions about 401, 1 Residences by Wasl Tower 1
What did unit 401 last sell for?
AED 2,327,525 on 22 December 2022, sold by the developer: AED 1,696 per sqft for 1,372 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 140,000 a year on the contract renewed on 2 June 2025. The previous contract, from June 2024, was AED 140,000; the unit has been rented since June 2023.
How big is unit 401?
1,372 sqft (127.5 sqm): a two-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.
What is unit 401 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 401, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.33M, 22 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,327,525
- Deposit, UAE resident (20%)
- AED 465,505
- Deposit, non-resident (40%)
- AED 931,010
- Monthly over 25 years at 3.7%
- AED 9,523
Plus AED 102,766 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →