702, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, 1 Residences by Wasl Tower 1
What is 702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- 7th of 42
- Parking
- B3-38
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.16M · November 2022
- Building
- 1 Residences by Wasl Tower 1
About 702, 1 Residences by Wasl Tower 1
702 is a two-bedroom apartment of 1,273 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 15 November 2022 for AED 2,159,719, or AED 1,696 per sqft, in line with the AED 1,713 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2025. The current contract, renewed on 15 May 2025, is AED 160,000 a year: a gross yield of 7.4% on the 2022 price.
Sales and rents for 702 over time
702 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 702 sits
All 197 2-beds →702 last sold in November 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 1,713). 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. 702's AED 160,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,439 sqft | AED 2.3MAED 2,302,384 · Nov 2022November 2022 | 155,000 /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 |
702, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 15 November 2022 for AED 2,159,719, or AED 1,696 per sqft.
- Rented since May 2025 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 7.4%.
- 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 May 2025.
Questions about 702, 1 Residences by Wasl Tower 1
What did unit 702 last sell for?
AED 2,159,719 on 15 November 2022, sold by the developer: AED 1,696 per sqft for 1,273 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 160,000 a year on the contract renewed on 15 May 2025.
How big is unit 702?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.
What is unit 702 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 702, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.16M, 15 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,159,719
- Deposit, UAE resident (20%)
- AED 431,944
- Deposit, non-resident (40%)
- AED 863,888
- Monthly over 25 years at 3.7%
- AED 8,836
Plus AED 95,718 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →