2-bed · 1,368 sqft1 Residences by Wasl Tower 2, Al Kifaf · 6th floor · completed 2022

608, 1 Residences by Wasl Tower 2

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

Unit 608 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 2.56M3 May 2023
Current rentAED 140K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, 1 Residences by Wasl Tower 2

What is 608 worth today?

Last sold for AED 2,560,000 in 2023

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3 May 2023SoldReady
AED 2,560,000AED 1,871 per sqft
15 Mar 2023RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
1 Mar 2023Sold by developerReady
AED 2,183,889AED 1,596 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2023.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
6th of 42
Parking
B3-109
Developer
Wasl
Completed
2022
Last sold
AED 2.56M · May 2023

About 608, 1 Residences by Wasl Tower 2

608 is a two-bedroom apartment of 1,368 sqft on the 6th floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 3 May 2023 for AED 2,560,000, or AED 1,871 per sqft, 6% above the AED 1,762 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2023. The current contract, signed on 15 March 2023, is AED 140,000 a year: a gross yield of 5.5% on the 2023 price.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.5M2023202420252026Typical sale price by year: 2023 AED 2,581,422; 2024 AED 2,863,367; 2025 AED 2,867,185Sold by developer, March 2023: AED 2,183,889 (AED 1,596 per sqft)Sold, May 2023: AED 2,560,000 (AED 1,871 per sqft)

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

Rents
Unit 608, each contractTypical two-bed in 1 Residences by Wasl Tower 2
140K150K160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 160,000New contract, March 2023: AED 140,000 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 608 sits

All 186 2-beds →

608 last sold in May 2023 at AED 1,871 per sqft, 6% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,762). 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. 608's AED 140,000 is at the bottom 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 129K /yr
Typical yield
6.2%
1 Residences by Wasl Tower 2, Al Kifaf: prices, sales and rents →
Value
6012-bedAED 2.56M · Mar 2023
6022-bedAED 2.07M · Jan 2023
6032-bedAED 2.08M · Mar 2023
6041-bedAED 1.33M · Dec 2022
6051-bedAED 1.39M · Mar 2023
6062-bedAED 2.36M · Jan 2023
6072-bedAED 2M · Feb 2023
1–7 of 9

608, 1 Residences by Wasl Tower 2 in numbers

  • Sold twice: first on 1 March 2023 for AED 2,183,889, last on 3 May 2023 for AED 2,560,000 (AED 1,871 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 5.5%.
  • 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 3 May 2023.

Questions about 608, 1 Residences by Wasl Tower 2

What did unit 608 last sell for?

AED 2,560,000 on 3 May 2023: AED 1,871 per sqft for 1,368 sqft. The unit has 2 registered sales; the first was AED 2,183,889 in March 2023.

What is the rent for unit 608?

AED 140,000 a year on the contract signed on 15 March 2023.

How big is unit 608?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 6th floor of a 42-storey tower completed in 2022.

What is unit 608 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 608, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.56M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,560,000
Deposit, UAE resident (20%)
AED 512,000
Deposit, non-resident (40%)
AED 1,024,000
Monthly over 25 years at 3.7%
AED 10,474

Plus AED 112,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →