2-bed · 1,546 sqft1 Residences by Wasl Tower 2, Al Kifaf · 12th floor · completed 2022

1208, 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.

Unit 1208 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 2.73M1 March 2023
Current rentAED 180K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, 1 Residences by Wasl Tower 2

What is 1208 worth today?

Last sold for AED 2,731,908 in 2023

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1 Mar 2025RentedNew contract
AED 179,517/yr12 months · AED 116 per sqft
1 Mar 2024RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
1 Mar 2023Sold by developerReady
AED 2,731,908AED 1,767 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
12th of 42
Parking
B2-13
Developer
Wasl
Completed
2022
Last sold
AED 2.73M · March 2023

About 1208, 1 Residences by Wasl Tower 2

1208 is a two-bedroom apartment of 1,546 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 1 March 2023 for AED 2,731,908, or AED 1,767 per sqft, 3% above the AED 1,713 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 March 2025, is AED 179,517 a year: a gross yield of 6.6% on the 2023 price.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.6M2.8M2023202420252026Typical sale price by year: 2023 AED 2,581,422; 2024 AED 2,863,367; 2025 AED 2,867,185Sold by developer, March 2023: AED 2,731,908 (AED 1,767 per sqft)

1208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in 1 Residences by Wasl Tower 2
140K160K180K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 160,000New contract, March 2024: AED 180,000 a yearNew contract, March 2025: AED 179,517 a year

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 1208 sits

All 186 2-beds →

1208 last sold in March 2023 at AED 1,767 per sqft, 3% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,713). 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. 1208's AED 179,517 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20263,030,000
15 Jan 20262,700,000
12 Dec 20252,620,000
11 Dec 20252,800,000
5 2-bed sales in the last 12 months

1 Residences by Wasl Tower 2

Building

361 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 129K /yr
Typical yield
6.2%
1 Residences by Wasl Tower 2, Al Kifaf: prices, sales and rents →
Value
12012-bedAED 2.64M · Mar 2023
12022-bedAED 2.38M · Mar 2023
12032-bedAED 2.49M · Mar 2023
12041-bedAED 1.4M · Jan 2023
12051-bedAED 1.45M · Apr 2023
12062-bedAED 2.18M · Jan 2023
12072-bedAED 2.1M · Apr 2023
1–7 of 9

1208, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 1 March 2023 for AED 2,731,908, or AED 1,767 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, from AED 180,000 to AED 179,517 a year.
  • At AED 179,517 a year the gross yield on the 2023 price is 6.6%.
  • 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 1 March 2025.

Questions about 1208, 1 Residences by Wasl Tower 2

What did unit 1208 last sell for?

AED 2,731,908 on 1 March 2023, sold by the developer: AED 1,767 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 179,517 a year on the contract signed on 1 March 2025. The previous contract, from March 2024, was AED 180,000.

How big is unit 1208?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.

What is unit 1208 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 1208, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.73M, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,731,908
Deposit, UAE resident (20%)
AED 546,382
Deposit, non-resident (40%)
AED 1,092,763
Monthly over 25 years at 3.7%
AED 11,177

Plus AED 119,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →