1-bed · 924 sqft1 Residences by Wasl Tower 2, Al Kifaf · 14th floor · completed 2022

1405, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.48M20 February 2023
Current rentAED 110K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, 1 Residences by Wasl Tower 2

What is 1405 worth today?

Last sold for AED 1,476,338 in 2023

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15 Apr 2025RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
15 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 119 per sqft
20 Feb 2023Sold by developerReady
AED 1,476,338AED 1,597 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
14th of 42
Parking
B2-136
Developer
Wasl
Completed
2022
Last sold
AED 1.48M · February 2023

About 1405, 1 Residences by Wasl Tower 2

1405 is a one-bedroom apartment of 924 sqft on the 14th 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 20 February 2023 for AED 1,476,338, or AED 1,597 per sqft, in line with the AED 1,639 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 110,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in 1 Residences by Wasl Tower 2
1.4M1.6M1.8M20222023202420252026Typical sale price by year: 2022 AED 1,449,347; 2023 AED 1,534,772; 2024 AED 1,834,500; 2025 AED 1,752,500Sold by developer, February 2023: AED 1,476,338 (AED 1,597 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in 1 Residences by Wasl Tower 2
110K20232024202520262027Typical rent by year: 2023 AED 103,000; 2024 AED 102,950; 2025 AED 105,000; 2026 AED 114,692New contract, April 2024: AED 110,000 a yearRenewal, April 2025: AED 110,000 a year

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 2, and where 1405 sits

All 117 1-beds →

1405 last sold in February 2023 at AED 1,597 per sqft, in line with what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,639). Over the last 12 months one-beds sold for AED 1,640,000 to 1,755,000, around AED 1,885 per sqft, and rent for AED 100,000 to 128,864 a year. 1405's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,640,000
30 Dec 20251,755,000
28 Apr 20251,810,000
28 Mar 20251,750,000
2 1-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 127K /yr
Typical yield
6.2%
1 Residences by Wasl Tower 2, Al Kifaf: prices, sales and rents →
Value
14012-bedAED 3.04M · Mar 2023
14022-bedAED 2.42M · Feb 2023
14032-bedAED 2.24M · Jan 2023
14041-bedAED 1.42M · Jan 2023
1406AED 2.7M · Nov 2025
14072-bedAED 2.13M · Mar 2023
14082-bedAED 2.46M · Feb 2023
1–7 of 9

1405, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 20 February 2023 for AED 1,476,338, or AED 1,597 per sqft.
  • Rented since April 2024 on 2 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 7.4%.
  • One-beds in 1 Residences by Wasl Tower 2 sold for AED 1,640,000–1,755,000 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 15 April 2025.

Questions about 1405, 1 Residences by Wasl Tower 2

What did unit 1405 last sell for?

AED 1,476,338 on 20 February 2023, sold by the developer: AED 1,597 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 110,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 110,000.

How big is unit 1405?

924 sqft (85.8 sqm): a one-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.

What is unit 1405 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 2 sold for AED 1,640,000 to 1,755,000 in the last 12 months, around AED 1,885 per sqft.

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Mortgage on 1405, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 1.48M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,476,338
Deposit, UAE resident (20%)
AED 295,268
Deposit, non-resident (40%)
AED 590,535
Monthly over 25 years at 3.7%
AED 6,040

Plus AED 67,017 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →