2-bed · 1,401 sqft1 Residences by Wasl Tower 2, Al Kifaf · 15th floor · completed 2022

1506, 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 1506 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 2.35M20 February 2023
Current rentAED 165K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, 1 Residences by Wasl Tower 2

What is 1506 worth today?

Last sold for AED 2,347,125 in 2023

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1 Oct 2025RentedRenewal
AED 165,000/yr12 months · AED 118 per sqft
1 Oct 2024RentedNew contract
AED 165,000/yr12 months · AED 118 per sqft
20 Feb 2023Sold by developerReady
AED 2,347,125AED 1,675 per sqft

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

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
15th of 42
Parking
B2-9
Developer
Wasl
Completed
2022
Last sold
AED 2.35M · February 2023

About 1506, 1 Residences by Wasl Tower 2

1506 is a two-bedroom apartment of 1,401 sqft on the 15th 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 2,347,125, or AED 1,675 per sqft, in line with the AED 1,698 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 1 October 2025, is AED 165,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.5M2.75M2023202420252026Typical sale price by year: 2023 AED 2,581,422; 2024 AED 2,863,367; 2025 AED 2,867,185Sold by developer, February 2023: AED 2,347,125 (AED 1,675 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in 1 Residences by Wasl Tower 2
150K160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 160,000New contract, October 2024: AED 165,000 a yearRenewal, October 2025: AED 165,000 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 1506 sits

All 186 2-beds →

1506 last sold in February 2023 at AED 1,675 per sqft, in line with 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. 1506's AED 165,000 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 127K /yr
Typical yield
6.2%
1 Residences by Wasl Tower 2, Al Kifaf: prices, sales and rents →
Value
15012-bedAED 2.45M · Apr 2024
15022-bedAED 2.44M · Apr 2023
15032-bedAED 2.55M · Jan 2023
15041-bedAED 1.45M · Mar 2023
15051-bedAED 1.51M · Feb 2023
15072-bedAED 2.15M · Jan 2023
15082-bedAED 2.79M · Feb 2023
1–7 of 9

1506, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 20 February 2023 for AED 2,347,125, or AED 1,675 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2023 price is 7.0%.
  • 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 October 2025.

Questions about 1506, 1 Residences by Wasl Tower 2

What did unit 1506 last sell for?

AED 2,347,125 on 20 February 2023, sold by the developer: AED 1,675 per sqft for 1,401 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 165,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 165,000.

How big is unit 1506?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2022.

What is unit 1506 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 1506, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.35M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,347,125
Deposit, UAE resident (20%)
AED 469,425
Deposit, non-resident (40%)
AED 938,850
Monthly over 25 years at 3.7%
AED 9,603

Plus AED 103,589 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →