2-bed · 1,371 sqft1 Residences by Wasl Tower 2, Al Kifaf · 4th floor · completed 2022

416, 1 Residences by Wasl Tower 2

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

Unit 416 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 2.33M6 July 2023
Current rentAED 150K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, 1 Residences by Wasl Tower 2

What is 416 worth today?

Last sold for AED 2,325,507 in 2023

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1 Jan 2026RentedRenewal
AED 150,000/yr12 months · AED 110 per sqft
1 Jan 2025RentedNew contract
AED 150,000/yr12 months · AED 110 per sqft
6 Jul 2023Sold by developerReady
AED 2,325,507AED 1,696 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,371 sqft
Floor
4th of 42
Parking
3F-30
Developer
Wasl
Completed
2022
Last sold
AED 2.33M · July 2023

About 416, 1 Residences by Wasl Tower 2

416 is a two-bedroom apartment of 1,371 sqft on the 4th 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 6 July 2023 for AED 2,325,507, or AED 1,696 per sqft, 6% below the AED 1,795 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 150,000 a year: a gross yield of 6.5% on the 2023 price.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.25M2.5M2.75M2023202420252026Typical sale price by year: 2023 AED 2,581,422; 2024 AED 2,863,367; 2025 AED 2,867,185Sold by developer, July 2023: AED 2,325,507 (AED 1,696 per sqft)

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

Rents
Unit 416, 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, January 2025: AED 150,000 a yearRenewal, January 2026: AED 150,000 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 416 sits

All 186 2-beds →

416 last sold in July 2023 at AED 1,696 per sqft, 6% below what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,795). 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. 416's AED 150,000 is in the lower 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
4102-bedAED 2.62M · Jul 2023
4112-bedAED 2.13M · Mar 2023
4122-bedAED 3.07M · Feb 2024
4131-bedAED 1.62M · Mar 2023
4142-bedAED 3.25M · Feb 2024
4152-bedAED 2.17M · Mar 2023
4171-bedAED 1.43M · May 2023
1–7 of 8

416, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 6 July 2023 for AED 2,325,507, or AED 1,696 per sqft.
  • Rented since January 2025 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.5%.
  • 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 January 2026.

Questions about 416, 1 Residences by Wasl Tower 2

What did unit 416 last sell for?

AED 2,325,507 on 6 July 2023, sold by the developer: AED 1,696 per sqft for 1,371 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 150,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 150,000.

How big is unit 416?

1,371 sqft (127.4 sqm): a two-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.

What is unit 416 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 416, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.33M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,507
Deposit, UAE resident (20%)
AED 465,101
Deposit, non-resident (40%)
AED 930,203
Monthly over 25 years at 3.7%
AED 9,514

Plus AED 102,681 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →