2-bed · 1,368 sqft1 Residences by Wasl Tower 1, Al Kifaf · 10th floor · completed 2022

1008, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in August 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 3M30 August 2024
Current rentAED 140K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, 1 Residences by Wasl Tower 1

What is 1008 worth today?

Last sold for AED 3,000,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Aug 2024SoldReady
AED 3,000,000AED 2,193 per sqft
15 Nov 2022RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
2 Nov 2022Sold by developerReady
AED 2,240,587AED 1,637 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,368 sqft
Floor
10th of 42
Parking
B2-80
Developer
Wasl
Completed
2022
Last sold
AED 3M · August 2024

About 1008, 1 Residences by Wasl Tower 1

1008 is a two-bedroom apartment of 1,368 sqft on the 10th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 30 August 2024 for AED 3,000,000, or AED 2,193 per sqft, 10% above the AED 1,990 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2022. The current contract, signed on 15 November 2022, is AED 140,000 a year: a gross yield of 4.7% on the 2024 price.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M3M202220242026Typical sale price by year: 2022 AED 2,448,061; 2023 AED 2,469,537; 2024 AED 2,825,210; 2025 AED 2,875,000; 2026 AED 2,850,000Sold by developer, November 2022: AED 2,240,587 (AED 1,637 per sqft)Sold, August 2024: AED 3,000,000 (AED 2,193 per sqft)

1008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in 1 Residences by Wasl Tower 1
140K150K202220242026Typical rent by year: 2023 AED 150,000; 2024 AED 153,000; 2025 AED 155,000; 2026 AED 147,000New contract, November 2022: 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 1, and where 1008 sits

All 205 2-beds →

1008 last sold in August 2024 at AED 2,193 per sqft, 10% above what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,990). Over the last 12 months two-beds sold for AED 2,270,000 to 3,600,000, around AED 2,105 per sqft, and rent for AED 80,000 to 200,000 a year. 1008's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,600,000
16 Sep 20262,600,000
10 Sep 20263,600,000
18 Aug 20262,850,000
15 2-bed sales in the last 12 months

1 Residences by Wasl Tower 1

Building

375 apartments, 1-bed to 3-bed over 42 floors in Al Kifaf, completed in 2022 by Wasl. 31 sold in the last 12 months.

Typical price per sqft
AED 2,105 Down 0.9%
Typical sale
AED 2.8M
Typical rent
AED 125K /yr
Typical yield
5.1%
1 Residences by Wasl Tower 1, Al Kifaf: prices, sales and rents →
Value
10012-bedAED 2.66M · Jan 2023
10022-bedAED 2.21M · Oct 2022
10032-bedAED 2.14M · Dec 2022
10041-bedAED 1.38M · Nov 2022
10051-bedAED 1.75M · Oct 2025
10062-bedAED 2.53M · Mar 2023
10072-bedAED 2.4M · Sep 2024
1–7 of 9

1008, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 2 November 2022 for AED 2,240,587, last on 30 August 2024 for AED 3,000,000 (AED 2,193 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 4.7%.
  • Two-beds in 1 Residences by Wasl Tower 1 sold for AED 2,270,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,105 per sqft.

Source: Dubai Land Department. Updated 30 August 2024.

Questions about 1008, 1 Residences by Wasl Tower 1

What did unit 1008 last sell for?

AED 3,000,000 on 30 August 2024: AED 2,193 per sqft for 1,368 sqft. The unit has 2 registered sales; the first was AED 2,240,587 in November 2022.

What is the rent for unit 1008?

AED 140,000 a year on the contract signed on 15 November 2022.

How big is unit 1008?

1,368 sqft (127.1 sqm): a two-bedroom apartment on the 10th floor of a 42-storey tower completed in 2022.

What is unit 1008 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 1 sold for AED 2,270,000 to 3,600,000 in the last 12 months, around AED 2,105 per sqft.

Selling 1008? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1008, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 3M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →