2-bed · 1,494 sqft1 Residences by Wasl Tower 1, Al Kifaf · 42nd floor · completed 2022

4205, 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 4205 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3.13M3 March 2023
Current rentAED 158K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4205, 1 Residences by Wasl Tower 1

What is 4205 worth today?

Last sold for AED 3,130,586 in 2023

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1 Jul 2024RentedRenewal
AED 157,500/yr12 months · AED 105 per sqft
1 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
3 Mar 2023Sold by developerReady
AED 3,130,586AED 2,095 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,494 sqft
Floor
42nd of 42
Parking
B3-50
Developer
Wasl
Completed
2022
Last sold
AED 3.13M · March 2023

About 4205, 1 Residences by Wasl Tower 1

4205 is a two-bedroom apartment of 1,494 sqft on the 42nd 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 3,130,586, or AED 2,095 per sqft, 21% above the AED 1,737 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 157,500 a year: a gross yield of 5.0% on the 2023 price.

Sales and rents for 4205 over time

Sales
Unit 4205, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M3M20222023202420252026Typical 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 3,130,586 (AED 2,095 per sqft)

4205 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4205, 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 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 4205 sits

All 197 2-beds →

4205 last sold in March 2023 at AED 2,095 per sqft, 21% 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. 4205's AED 157,500 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
42022-bedAED 2.69M · Jan 2023
42042-bedAED 3.11M · Mar 2023
42062-bedAED 3.06M · Jan 2025

4205, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 3 March 2023 for AED 3,130,586, or AED 2,095 per sqft.
  • Rented since July 2023 on 2 Ejari contracts, from AED 150,000 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2023 price is 5.0%.
  • 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 1 July 2024.

Questions about 4205, 1 Residences by Wasl Tower 1

What did unit 4205 last sell for?

AED 3,130,586 on 3 March 2023, sold by the developer: AED 2,095 per sqft for 1,494 sqft. It is the only registered sale of the unit.

What is the rent for unit 4205?

AED 157,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 150,000.

How big is unit 4205?

1,494 sqft (138.8 sqm): a two-bedroom apartment on the 42nd floor of a 42-storey tower completed in 2022.

What is unit 4205 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 4205, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 3.13M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,130,586
Deposit, UAE resident (20%)
AED 626,117
Deposit, non-resident (40%)
AED 1,252,234
Monthly over 25 years at 3.7%
AED 12,808

Plus AED 136,494 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →