1-bed · 922 sqft1 Residences by Wasl Tower 1, Al Kifaf · 4th floor · completed 2022

405, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 6 November 2025
Last soldAED 1.4M15 November 2022
Current rentAED 95K /yr6 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, 1 Residences by Wasl Tower 1

What is 405 worth today?

Last sold for AED 1,395,221 in 2022

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6 Nov 2025RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
21 Aug 2024RentedRenewal
AED 93,500/yr12 months · AED 101 per sqft
15 Nov 2022Sold by developerReady
AED 1,395,221AED 1,512 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2025.

Key facts

Type
1-bed apartment
Size
922 sqft
Floor
4th of 42
Parking
3F-25
Developer
Wasl
Completed
2022
Last sold
AED 1.4M · November 2022

About 405, 1 Residences by Wasl Tower 1

405 is a one-bedroom apartment of 922 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 15 November 2022 for AED 1,395,221, or AED 1,512 per sqft, 6% below the AED 1,603 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 6 November 2025, is AED 95,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 405 over time

Sales
Unit 405, 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, November 2022: AED 1,395,221 (AED 1,512 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in 1 Residences by Wasl Tower 1
100K110K20232024202520262027Typical rent by year: 2023 AED 97,000; 2024 AED 104,605; 2025 AED 105,000; 2026 AED 112,000Renewal, August 2024: AED 93,500 a yearNew contract, November 2025: AED 95,000 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 405 sits

All 124 1-beds →

405 last sold in November 2022 at AED 1,512 per sqft, 6% below what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,603). 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. 405's AED 95,000 is at the bottom 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
4012-bedAED 2.33M · Dec 2022
4022-bedAED 2.35M · Feb 2024
4032-bedAED 2.38M · Nov 2022
4041-bedAED 1.34M · Nov 2022
4062-bedAED 3.01M · May 2023
4072-bedAED 2.65M · Feb 2023
4081-bedAED 1.41M · Nov 2022
1–7 of 8

405, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 15 November 2022 for AED 1,395,221, or AED 1,512 per sqft.
  • Rented since August 2024 on 2 Ejari contracts, from AED 93,500 to AED 95,000 a year.
  • At AED 95,000 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 6 November 2025.

Questions about 405, 1 Residences by Wasl Tower 1

What did unit 405 last sell for?

AED 1,395,221 on 15 November 2022, sold by the developer: AED 1,512 per sqft for 922 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 95,000 a year on the contract signed on 6 November 2025. The previous contract, from August 2024, was AED 93,500.

How big is unit 405?

922 sqft (85.7 sqm): a one-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.

What is unit 405 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 405, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.4M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,395,221
Deposit, UAE resident (20%)
AED 279,044
Deposit, non-resident (40%)
AED 558,088
Monthly over 25 years at 3.7%
AED 5,708

Plus AED 63,609 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →