1-bed · 887 sqft1 Residences by Wasl Tower 2, Al Kifaf · 4th floor · completed 2022

417, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.43M5 May 2023
Current rentAED 88K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, 1 Residences by Wasl Tower 2

What is 417 worth today?

Last sold for AED 1,432,845 in 2023

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15 Sep 2024RentedRenewal
AED 88,000/yr12 months · AED 100 per sqft
5 May 2023Sold by developerReady
AED 1,432,845AED 1,616 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
4th of 42
Parking
3F-31
Developer
Wasl
Completed
2022
Last sold
AED 1.43M · May 2023

About 417, 1 Residences by Wasl Tower 2

417 is a one-bedroom apartment of 887 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 5 May 2023 for AED 1,432,845, or AED 1,616 per sqft, 3% below the AED 1,670 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2024. The current contract, renewed on 15 September 2024, is AED 88,000 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 417 over time

Sales
Unit 417, 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, May 2023: AED 1,432,845 (AED 1,616 per sqft)

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

Rents
Unit 417, each contractTypical one-bed in 1 Residences by Wasl Tower 2
100K20232024202520262027Typical rent by year: 2023 AED 103,000; 2024 AED 102,950; 2025 AED 105,000; 2026 AED 114,692Renewal, September 2024: AED 88,000 a year

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 417 sits

All 117 1-beds →

417 last sold in May 2023 at AED 1,616 per sqft, 3% below what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,670). 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. 417's AED 88,000 is at the bottom of that range.

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
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
4162-bedAED 2.33M · Jul 2023
1–7 of 8

417, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 5 May 2023 for AED 1,432,845, or AED 1,616 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 6.1%.
  • 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 15 September 2024.

Questions about 417, 1 Residences by Wasl Tower 2

What did unit 417 last sell for?

AED 1,432,845 on 5 May 2023, sold by the developer: AED 1,616 per sqft for 887 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 88,000 a year on the contract renewed on 15 September 2024.

How big is unit 417?

887 sqft (82.4 sqm): a one-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.

What is unit 417 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 417, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 1.43M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,432,845
Deposit, UAE resident (20%)
AED 286,569
Deposit, non-resident (40%)
AED 573,138
Monthly over 25 years at 3.7%
AED 5,862

Plus AED 65,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →