2-bed · 1,273 sqft1 Residences by Wasl Tower 2, Al Kifaf · 14th floor · completed 2022

1407, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 2.13M15 March 2023
Current rentAED 140K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, 1 Residences by Wasl Tower 2

What is 1407 worth today?

Last sold for AED 2,133,193 in 2023

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20 Jan 2025RentedRenewal
AED 140,000/yr12 months · AED 110 per sqft
15 Mar 2023Sold by developerReady
AED 2,133,193AED 1,675 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
14th of 42
Parking
B2-94
Developer
Wasl
Completed
2022
Last sold
AED 2.13M · March 2023

About 1407, 1 Residences by Wasl Tower 2

1407 is a two-bedroom apartment of 1,273 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 15 March 2023 for AED 2,133,193, or AED 1,675 per sqft, 4% below the AED 1,738 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 January 2025. The current contract, renewed on 20 January 2025, is AED 140,000 a year: a gross yield of 6.6% on the 2023 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.5M2023202420252026Typical sale price by year: 2023 AED 2,581,422; 2024 AED 2,863,367; 2025 AED 2,867,185Sold by developer, March 2023: AED 2,133,193 (AED 1,675 per sqft)

1407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, each contractTypical two-bed in 1 Residences by Wasl Tower 2
140K150K160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 160,000Renewal, January 2025: AED 140,000 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 1407 sits

All 186 2-beds →

1407 last sold in March 2023 at AED 1,675 per sqft, 4% 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. 1407's AED 140,000 is at the bottom 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 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
14051-bedAED 1.48M · Feb 2023
1406AED 2.7M · Nov 2025
14082-bedAED 2.46M · Feb 2023
1–7 of 9

1407, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 15 March 2023 for AED 2,133,193, or AED 1,675 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 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 20 January 2025.

Questions about 1407, 1 Residences by Wasl Tower 2

What did unit 1407 last sell for?

AED 2,133,193 on 15 March 2023, sold by the developer: AED 1,675 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 140,000 a year on the contract renewed on 20 January 2025.

How big is unit 1407?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.

What is unit 1407 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 1407, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.13M, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,133,193
Deposit, UAE resident (20%)
AED 426,639
Deposit, non-resident (40%)
AED 853,277
Monthly over 25 years at 3.7%
AED 8,728

Plus AED 94,604 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →