1602, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold twice, last in February 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, 1 Residences by Wasl Tower 2
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- 16th of 42
- Parking
- B2-108
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.62M · February 2025
- Building
- 1 Residences by Wasl Tower 2
About 1602, 1 Residences by Wasl Tower 2
1602 is a two-bedroom apartment of 1,273 sqft on the 16th floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 7 February 2025 for AED 2,620,000, or AED 2,057 per sqft, in line with the AED 2,057 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 June 2024, is AED 135,000 a year: a gross yield of 5.1% on the 2025 price.
Sales and rents for 1602 over time
1602 has sold twice; 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 1602 sits
All 186 2-beds →1602 last sold in February 2025 at AED 2,057 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 2,057). 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. 1602's AED 135,000 is at the bottom 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 127K /yr
- Typical yield
- 6.2%
Other units on the 16th floor
All 361 units in 1 Residences by Wasl Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1,368 sqft | AED 3.05MAED 3,050,000 · Nov 2025November 2025 | |||
| 1603 | 2-bed | 1,507 sqft | AED 2.8MAED 2,800,000 · Dec 2025December 2025 | ||
| 1604 | 1-bed | 888 sqft | AED 1.44MAED 1,444,367 · Jan 2023January 2023 | 105,000 /yr | |
| 1605 | 1-bed | 924 sqft | AED 1.5MAED 1,502,289 · Jan 2023January 2023 | 122,000 /yr | |
| 1606 | 2-bed | 1,330 sqft | AED 2.6MAED 2,600,000 · Nov 2024November 2024 | 160,000 /yr | |
| 1607 | 2-bed | 1,273 sqft | AED 2.17MAED 2,165,815 · Feb 2023February 2023 | ||
| 1608 | 2-bed | 1,546 sqft | AED 2.83MAED 2,826,930 · Mar 2023March 2023 | 165,000 /yr | |
| 1609 | 1-bed | 924 sqft | AED 1.54MAED 1,543,548 · Feb 2023February 2023 | 130,000 /yr | |
| 1610 | 1-bed | 888 sqft | AED 1.9MAED 1,900,000 · Apr 2024April 2024 | 125,000 /yr |
1602, 1 Residences by Wasl Tower 2 in numbers
- Sold twice: first on 5 March 2023 for AED 2,457,328, last on 7 February 2025 for AED 2,620,000 (AED 2,057 per sqft).
- Rented since May 2023 on 3 Ejari contracts, from AED 130,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2025 price is 5.1%.
- 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 7 February 2025.
Questions about 1602, 1 Residences by Wasl Tower 2
What did unit 1602 last sell for?
AED 2,620,000 on 7 February 2025: AED 2,057 per sqft for 1,273 sqft. The unit has 2 registered sales; the first was AED 2,457,328 in March 2023.
What is the rent for unit 1602?
AED 135,000 a year on the contract signed on 1 June 2024. The previous contract, from May 2024, was AED 135,000; the unit has been rented since May 2023.
How big is unit 1602?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.
What is unit 1602 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 1602, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 2.62M, 7 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,620,000
- Deposit, UAE resident (20%)
- AED 524,000
- Deposit, non-resident (40%)
- AED 1,048,000
- Monthly over 25 years at 3.7%
- AED 10,719
Plus AED 115,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →