1-bed · 898 sqft1 Residences by Wasl Tower 1, Al Kifaf · 7th floor · completed 2022

704, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 1.36M4 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, 1 Residences by Wasl Tower 1

What is 704 worth today?

Last sold for AED 1,358,270 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Nov 2022Sold by developerReady
AED 1,358,270AED 1,512 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2022.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
7th of 42
Parking
B3-80
Developer
Wasl
Completed
2022
Last sold
AED 1.36M · November 2022

About 704, 1 Residences by Wasl Tower 1

704 is a one-bedroom apartment of 898 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 4 November 2022 for AED 1,358,270, or AED 1,512 per sqft, 6% below the AED 1,617 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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 1,358,270 (AED 1,512 per sqft)

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

Rents
Unit 704, 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 112,000

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 704 sits

All 124 1-beds →

704 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 1,617). 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.

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
7012-bedAED 2.3M · Nov 2022
7022-bedAED 2.16M · Nov 2022
7032-bedAED 2.37M · Nov 2022
7051-bedAED 1.41M · Nov 2022
7062-bedAED 2.21M · Dec 2022
7072-bedAED 2.06M · Jan 2023
7082-bedAED 2.69M · Jul 2024
1–7 of 9

704, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 4 November 2022 for AED 1,358,270, or AED 1,512 per sqft.
  • 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 4 November 2022.

Questions about 704, 1 Residences by Wasl Tower 1

What did unit 704 last sell for?

AED 1,358,270 on 4 November 2022, sold by the developer: AED 1,512 per sqft for 898 sqft. It is the only registered sale of the unit.

How big is unit 704?

898 sqft (83.4 sqm): a one-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.

What is unit 704 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.

Selling 704? 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.

How OpenOffers works

Mortgage on 704, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.36M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,358,270
Deposit, UAE resident (20%)
AED 271,654
Deposit, non-resident (40%)
AED 543,308
Monthly over 25 years at 3.7%
AED 5,557

Plus AED 62,058 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →