1203, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, 1 Residences by Wasl Tower 2
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,507 sqft
- Floor
- 12th of 42
- Parking
- B2-112
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.49M · March 2023
- Building
- 1 Residences by Wasl Tower 2
About 1203, 1 Residences by Wasl Tower 2
1203 is a two-bedroom apartment of 1,507 sqft on the 12th floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. The developer sold it on 14 March 2023 for AED 2,494,541, or AED 1,654 per sqft, 5% below the AED 1,738 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 29 April 2025, is AED 180,000 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 1203 over time
1203 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 2, and where 1203 sits
All 186 2-beds →1203 last sold in March 2023 at AED 1,654 per sqft, 5% below what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,738). Over the last 12 months two-beds sold for AED 2,620,000 to 3,050,000, around AED 1,870 per sqft, and rent for AED 145,000 to 185,000 a year. 1203's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 1,502 sqft | 3,030,000 | 2,017 | ||
| 15 Jan 202615 January 2026 | 1,507 sqft | 2,700,000 | 1,791 | ||
| 12 Dec 202512 December 2025 | 1,401 sqft | 2,620,000 | 1,870 | ||
| 11 Dec 202511 December 2025 | 1,507 sqft | 2,800,000 | 1,857 |
1 Residences by Wasl Tower 2
Building361 apartments, 1-bed to 3-bed over 42 floors in Al Kifaf, completed in 2022 by Wasl. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,899
- Typical sale
- AED 2.8M
- Typical rent
- AED 127K /yr
- Typical yield
- 6.2%
Other units on the 12th floor
All 361 units in 1 Residences by Wasl Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,368 sqft | AED 2.64MAED 2,643,298 · Mar 2023March 2023 | ||
| 1202 | 2-bed | 1,273 sqft | AED 2.38MAED 2,376,094 · Mar 2023March 2023 | 145,000 /yr | |
| 1204 | 1-bed | 888 sqft | AED 1.4MAED 1,397,202 · Jan 2023January 2023 | ||
| 1205 | 1-bed | 924 sqft | AED 1.45MAED 1,453,232 · Apr 2023April 2023 | ||
| 1206 | 2-bed | 1,330 sqft | AED 2.18MAED 2,178,163 · Jan 2023January 2023 | ||
| 1207 | 2-bed | 1,273 sqft | AED 2.1MAED 2,101,643 · Apr 2023April 2023 | 150,000 /yr | |
| 1208 | 2-bed | 1,546 sqft | AED 2.73MAED 2,731,908 · Mar 2023March 2023 | 179,517 /yr | |
| 1209 | 1-bed | 924 sqft | AED 1.49MAED 1,490,777 · Jan 2023January 2023 | 90,000 /yr | |
| 1210 | 1-bed | 888 sqft | AED 1.43MAED 1,433,300 · Mar 2023March 2023 | 100,000 /yr |
1203, 1 Residences by Wasl Tower 2 in numbers
- Sold once: by Wasl on 14 March 2023 for AED 2,494,541, or AED 1,654 per sqft.
- Rented since April 2024 on 2 Ejari contracts, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2023 price is 7.2%.
- Two-beds in 1 Residences by Wasl Tower 2 sold for AED 2,620,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,899 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 29 April 2025.
Questions about 1203, 1 Residences by Wasl Tower 2
What did unit 1203 last sell for?
AED 2,494,541 on 14 March 2023, sold by the developer: AED 1,654 per sqft for 1,507 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 180,000 a year on the contract renewed on 29 April 2025. The previous contract, from April 2024, was AED 180,000.
How big is unit 1203?
1,507 sqft (140.0 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.
What is unit 1203 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 2 sold for AED 2,620,000 to 3,050,000 in the last 12 months, around AED 1,870 per sqft.
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Mortgage on 1203, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 2.49M, 14 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,494,541
- Deposit, UAE resident (20%)
- AED 498,908
- Deposit, non-resident (40%)
- AED 997,816
- Monthly over 25 years at 3.7%
- AED 10,206
Plus AED 109,781 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →