1203, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, 1 Residences by Wasl Tower 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 28 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,507 sqft
- Floor
- 12th of 42
- Parking
- B2-172
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.47M · November 2022
- Building
- 1 Residences by Wasl Tower 1
About 1203, 1 Residences by Wasl Tower 1
1203 is a two-bedroom apartment of 1,507 sqft on the 12th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. The developer sold it on 2 November 2022 for AED 2,469,088, or AED 1,637 per sqft, in line with the AED 1,637 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, signed on 28 January 2026, is AED 156,000 a year: a gross yield of 6.3% on the 2022 price.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 205 2-beds →1203 last sold in November 2022 at AED 1,637 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,637). 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. 1203's AED 156,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,368 sqft | 2,600,000 | 1,900 | ||
| 16 Sep 202616 September 2026 | 1,546 sqft | 2,600,000 | 1,682 | ||
| 10 Sep 202610 September 2026 | 1,491 sqft | 3,600,000 | 2,414 | ||
| 18 Aug 202618 August 2026 | 1,491 sqft | 2,850,000 | 1,911 |
1 Residences by Wasl Tower 1
Building375 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%
Other units on the 12th floor
All 375 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,368 sqft | AED 2.41MAED 2,411,368 · Nov 2022November 2022 | ||
| 1202 | 2-bed | 1,273 sqft | AED 2.12MAED 2,117,686 · Dec 2022December 2022 | 155,000 /yr | |
| 1204 | 1-bed | 888 sqft | AED 1.7MAED 1,700,000 · May 2025May 2025 | 93,000 /yr | |
| 1205 | 1-bed | 924 sqft | AED 1.45MAED 1,453,232 · Nov 2022November 2022 | 115,000 /yr | |
| 1206 | 2-bed | 1,330 sqft | AED 2.35MAED 2,350,000 · Nov 2023November 2023 | 160,000 /yr | |
| 1207 | 2-bed | 1,273 sqft | AED 2.14MAED 2,143,676 · Mar 2023March 2023 | ||
| 1208 | 2-bed | 1,546 sqft | AED 2.6MAED 2,600,000 · Sep 2026September 2026 | 145,000 /yr | |
| 1209 | 1-bed | 924 sqft | AED 2MAED 2,000,000 · Oct 2026October 2026 | 12,500 /yr | |
| 1210 | 1-bed | 888 sqft | AED 1.46MAED 1,464,267 · Nov 2022November 2022 | 90,000 /yr |
1203, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 2 November 2022 for AED 2,469,088, or AED 1,637 per sqft.
- Rented since January 2024 on 5 Ejari contracts, at AED 156,000 a year.
- At AED 156,000 a year the gross yield on the 2022 price is 6.3%.
- 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 28 January 2026.
Questions about 1203, 1 Residences by Wasl Tower 1
What did unit 1203 last sell for?
AED 2,469,088 on 2 November 2022, sold by the developer: AED 1,637 per sqft for 1,507 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 156,000 a year on the contract signed on 28 January 2026. The previous contract, from January 2026, was AED 156,000; the unit has been rented since January 2024.
How big is unit 1203?
1,507 sqft (140.0 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.
What is unit 1203 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.
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Mortgage on 1203, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.47M, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,469,088
- Deposit, UAE resident (20%)
- AED 493,818
- Deposit, non-resident (40%)
- AED 987,635
- Monthly over 25 years at 3.7%
- AED 10,102
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →