701, 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.
Property timeline for 701, 1 Residences by Wasl Tower 1
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,439 sqft
- Floor
- 7th of 42
- Parking
- B3-75
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.3M · November 2022
- Building
- 1 Residences by Wasl Tower 1
About 701, 1 Residences by Wasl Tower 1
701 is a two-bedroom apartment of 1,439 sqft on the 7th 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 2 November 2022 for AED 2,302,384, or AED 1,600 per sqft, in line with the AED 1,637 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 155,000 a year: a gross yield of 6.7% on the 2022 price.
Sales and rents for 701 over time
701 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 701 sits
All 197 2-beds →701 last sold in November 2022 at AED 1,600 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,637). 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. 701's AED 155,000 is in the lower half 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 7th floor
All 371 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,273 sqft | AED 2.16MAED 2,159,719 · Nov 2022November 2022 | 160,000 /yr | |
| 703 | 2-bed | 1,502 sqft | AED 2.37MAED 2,365,823 · Nov 2022November 2022 | ||
| 704 | 1-bed | 898 sqft | AED 1.36MAED 1,358,270 · Nov 2022November 2022 | ||
| 705 | 1-bed | 934 sqft | AED 1.41MAED 1,412,327 · Nov 2022November 2022 | ||
| 706 | 2-bed | 1,401 sqft | AED 2.21MAED 2,205,945 · Dec 2022December 2022 | 200,000 /yr | |
| 707 | 2-bed | 1,273 sqft | AED 2.06MAED 2,061,856 · Jan 2023January 2023 | ||
| 708 | 2-bed | 1,540 sqft | AED 2.69MAED 2,690,000 · Jul 2024July 2024 | 170,000 /yr | |
| 709 | 1-bed | 934 sqft | AED 1.48MAED 1,480,396 · Mar 2023March 2023 | 90,000 /yr | |
| 710 | 1-bed | 898 sqft | AED 1.79MAED 1,790,000 · Mar 2025March 2025 | 110,000 /yr |
701, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 2 November 2022 for AED 2,302,384, or AED 1,600 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2022 price is 6.7%.
- 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 15 September 2025.
Questions about 701, 1 Residences by Wasl Tower 1
What did unit 701 last sell for?
AED 2,302,384 on 2 November 2022, sold by the developer: AED 1,600 per sqft for 1,439 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 155,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 155,000.
How big is unit 701?
1,439 sqft (133.7 sqm): a two-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.3M, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,302,384
- Deposit, UAE resident (20%)
- AED 460,477
- Deposit, non-resident (40%)
- AED 920,954
- Monthly over 25 years at 3.7%
- AED 9,420
Plus AED 101,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →