1-bed · 934 sqft1 Residences by Wasl Tower 1, Al Kifaf · 7th floor · completed 2022

705, 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 705 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 1.41M15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, 1 Residences by Wasl Tower 1

What is 705 worth today?

Last sold for AED 1,412,327 in 2022

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15 Nov 2022Sold by developerReady
AED 1,412,327AED 1,512 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2022.

Key facts

Type
1-bed apartment
Size
934 sqft
Floor
7th of 42
Parking
B3-166
Developer
Wasl
Completed
2022
Last sold
AED 1.41M · November 2022

About 705, 1 Residences by Wasl Tower 1

705 is a one-bedroom apartment of 934 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 1,412,327, or AED 1,512 per sqft, 6% below the AED 1,603 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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 1,412,327 (AED 1,512 per sqft)

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

Rents
Unit 705, 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 705 sits

All 124 1-beds →

705 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.

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
7041-bedAED 1.36M · Nov 2022
7062-bedAED 2.21M · Dec 2022
7072-bedAED 2.06M · Jan 2023
7082-bedAED 2.69M · Jul 2024
1–7 of 9

705, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 15 November 2022 for AED 1,412,327, 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 15 November 2022.

Questions about 705, 1 Residences by Wasl Tower 1

What did unit 705 last sell for?

AED 1,412,327 on 15 November 2022, sold by the developer: AED 1,512 per sqft for 934 sqft. It is the only registered sale of the unit.

How big is unit 705?

934 sqft (86.8 sqm): a one-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.

What is unit 705 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 705, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.41M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,412,327
Deposit, UAE resident (20%)
AED 282,465
Deposit, non-resident (40%)
AED 564,931
Monthly over 25 years at 3.7%
AED 5,778

Plus AED 64,328 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →