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

509, 1 Residences by Wasl Tower 2

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

Unit 509 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.4M1 March 2023
Current rentAED 82K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, 1 Residences by Wasl Tower 2

What is 509 worth today?

Last sold for AED 1,396,854 in 2023

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23 Jun 2023RentedNew contract
AED 82,000/yr12 months · AED 89 per sqft
1 Mar 2023Sold by developerReady
AED 1,396,854AED 1,512 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 June 2023.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
5th of 42
Parking
B3-2
Developer
Wasl
Completed
2022
Last sold
AED 1.4M · March 2023

About 509, 1 Residences by Wasl Tower 2

509 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 1 March 2023 for AED 1,396,854, or AED 1,512 per sqft, 9% below the AED 1,654 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 June 2023. The current contract, signed on 23 June 2023, is AED 82,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 1,396,854 (AED 1,512 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in 1 Residences by Wasl Tower 2
80K100K120K20232024202520262027Typical rent by year: 2023 AED 103,000; 2024 AED 102,950; 2025 AED 105,000; 2026 AED 114,692New contract, June 2023: AED 82,000 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 509 sits

All 117 1-beds →

509 last sold in March 2023 at AED 1,512 per sqft, 9% below what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,654). 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. 509's AED 82,000 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
5012-bedAED 2.75M · Oct 2023
5022-bedAED 2.4M · Oct 2024
5032-bedAED 2.62M · Dec 2025
5041-bedAED 1.5M · Oct 2024
5051-bedAED 1.38M · Jan 2023
5062-bedAED 2.6M · May 2025
5072-bedAED 1.99M · Apr 2023
1–7 of 9

509, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 1 March 2023 for AED 1,396,854, or AED 1,512 per sqft.
  • Rented since June 2023 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 5.9%.
  • 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 23 June 2023.

Questions about 509, 1 Residences by Wasl Tower 2

What did unit 509 last sell for?

AED 1,396,854 on 1 March 2023, sold by the developer: AED 1,512 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 82,000 a year on the contract signed on 23 June 2023.

How big is unit 509?

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

What is unit 509 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 509, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 1.4M, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,396,854
Deposit, UAE resident (20%)
AED 279,371
Deposit, non-resident (40%)
AED 558,742
Monthly over 25 years at 3.7%
AED 5,715

Plus AED 63,678 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →