1-bed · 924 sqft1 Residences by Wasl Tower 2, Al Kifaf · 5th floor · completed 2022

505, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 1.38M17 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, 1 Residences by Wasl Tower 2

What is 505 worth today?

Last sold for AED 1,375,308 in 2023

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17 Jan 2023Sold by developerReady
AED 1,375,308AED 1,488 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2023.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
5th of 42
Parking
B3-17
Developer
Wasl
Completed
2022
Last sold
AED 1.38M · January 2023

About 505, 1 Residences by Wasl Tower 2

505 is a one-bedroom apartment of 924 sqft on the 5th 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 17 January 2023 for AED 1,375,308, or AED 1,488 per sqft, 5% below the AED 1,572 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in 1 Residences by Wasl Tower 2
1.5M1.75M20222023202420252026Typical 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, January 2023: AED 1,375,308 (AED 1,488 per sqft)

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

Rents
Unit 505, 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 505 sits

All 117 1-beds →

505 last sold in January 2023 at AED 1,488 per sqft, 5% below what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,572). 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
5012-bedAED 2.75M · Oct 2023
5022-bedAED 2.4M · Oct 2024
5032-bedAED 2.62M · Dec 2025
5041-bedAED 1.5M · Oct 2024
5062-bedAED 2.6M · May 2025
5072-bedAED 1.99M · Apr 2023
5082-bedAED 2.3M · Feb 2023
1–7 of 9

505, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 17 January 2023 for AED 1,375,308, or AED 1,488 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 17 January 2023.

Questions about 505, 1 Residences by Wasl Tower 2

What did unit 505 last sell for?

AED 1,375,308 on 17 January 2023, sold by the developer: AED 1,488 per sqft for 924 sqft. It is the only registered sale of the unit.

How big is unit 505?

924 sqft (85.8 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2022.

What is unit 505 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 505, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 1.38M, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,308
Deposit, UAE resident (20%)
AED 275,062
Deposit, non-resident (40%)
AED 550,123
Monthly over 25 years at 3.7%
AED 5,627

Plus AED 62,773 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →