1-bed · 928 sqft1 Residences by Wasl Tower 2, Al Kifaf · 3rd floor · completed 2022

316, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 1.55M4 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, 1 Residences by Wasl Tower 2

What is 316 worth today?

Last sold for AED 1,550,000 in 2024

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4 Dec 2024SoldReady
AED 1,550,000AED 1,670 per sqft
9 Mar 2023Sold by developerReady
AED 1,527,768AED 1,646 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2024.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
3rd of 42
Parking
3F-7
Developer
Wasl
Completed
2022
Last sold
AED 1.55M · December 2024

About 316, 1 Residences by Wasl Tower 2

316 is a one-bedroom apartment of 928 sqft on the 3rd floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 4 December 2024 for AED 1,550,000, or AED 1,670 per sqft, 11% below the AED 1,881 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, 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, March 2023: AED 1,527,768 (AED 1,646 per sqft)Sold, December 2024: AED 1,550,000 (AED 1,670 per sqft)

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

Rents
Unit 316, 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 114,692

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 316 sits

All 117 1-beds →

316 last sold in December 2024 at AED 1,670 per sqft, 11% below what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,881). 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.

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
3102-bedAED 2.11M · Apr 2023
311AED 3.35M · Apr 2025
3121-bedAED 1.9M · Feb 2024
3131-bedAED 1.84M · Feb 2024
3142-bedAED 4M · Feb 2024
3152-bedAED 2.47M · Apr 2023
317AED 1.6M · Aug 2025
1–7 of 9

316, 1 Residences by Wasl Tower 2 in numbers

  • Sold twice: first on 9 March 2023 for AED 1,527,768, last on 4 December 2024 for AED 1,550,000 (AED 1,670 per sqft).
  • 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 4 December 2024.

Questions about 316, 1 Residences by Wasl Tower 2

What did unit 316 last sell for?

AED 1,550,000 on 4 December 2024: AED 1,670 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 1,527,768 in March 2023.

How big is unit 316?

928 sqft (86.2 sqm): a one-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2022.

What is unit 316 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 316, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 1.55M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →