1408, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, 1 Residences by Wasl Tower 2
What is 1408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,368 sqft
- Floor
- 14th of 42
- Parking
- B2-15
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.46M · February 2023
- Building
- 1 Residences by Wasl Tower 2
About 1408, 1 Residences by Wasl Tower 2
1408 is a two-bedroom apartment of 1,368 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 2,460,223, or AED 1,798 per sqft, 6% above the AED 1,698 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 155,000 a year: a gross yield of 6.3% on the 2023 price.
Sales and rents for 1408 over time
1408 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 1408 sits
All 186 2-beds →1408 last sold in February 2023 at AED 1,798 per sqft, 6% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,698). 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. 1408's AED 155,000 is in the lower 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 129K /yr
- Typical yield
- 6.2%
Other units on the 14th floor
All 361 units in 1 Residences by Wasl Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,545 sqft | AED 3.04MAED 3,036,930 · Mar 2023March 2023 | 165,000 /yr | |
| 1402 | 2-bed | 1,273 sqft | AED 2.42MAED 2,416,502 · Feb 2023February 2023 | ||
| 1403 | 2-bed | 1,330 sqft | AED 2.24MAED 2,239,212 · Jan 2023January 2023 | ||
| 1404 | 1-bed | 888 sqft | AED 1.42MAED 1,419,248 · Jan 2023January 2023 | 98,000 /yr | |
| 1405 | 1-bed | 924 sqft | AED 1.48MAED 1,476,338 · Feb 2023February 2023 | 110,000 /yr | |
| 1406 | 1,507 sqft | AED 2.7MAED 2,700,000 · Nov 2025November 2025 | 150,000 /yr | ||
| 1407 | 2-bed | 1,273 sqft | AED 2.13MAED 2,133,193 · Mar 2023March 2023 | 140,000 /yr | |
| 1409 | 1-bed | 924 sqft | AED 1.88MAED 1,880,000 · Jul 2024July 2024 | 110,000 /yr | |
| 1410 | 1-bed | 888 sqft | AED 1.75MAED 1,750,000 · Nov 2023November 2023 | 110,000 /yr |
1408, 1 Residences by Wasl Tower 2 in numbers
- Sold once: by Wasl on 20 February 2023 for AED 2,460,223, or AED 1,798 per sqft.
- Rented since July 2023 on 3 Ejari contracts, from AED 150,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2023 price is 6.3%.
- 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 July 2025.
Questions about 1408, 1 Residences by Wasl Tower 2
What did unit 1408 last sell for?
AED 2,460,223 on 20 February 2023, sold by the developer: AED 1,798 per sqft for 1,368 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 155,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 155,000; the unit has been rented since July 2023.
How big is unit 1408?
1,368 sqft (127.1 sqm): a two-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.
What is unit 1408 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 1408, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 2.46M, 20 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,460,223
- Deposit, UAE resident (20%)
- AED 492,045
- Deposit, non-resident (40%)
- AED 984,089
- Monthly over 25 years at 3.7%
- AED 10,066
Plus AED 108,339 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →