2-bed · 1,330 sqft1 Residences by Wasl Tower 1, Al Kifaf · 12th floor · completed 2022

1206, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in November 2023, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 2.35M7 November 2023
Current rentAED 160K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, 1 Residences by Wasl Tower 1

What is 1206 worth today?

Last sold for AED 2,350,000 in 2023

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10 May 2026RentedNew contract
AED 160,000/yr12 months · AED 120 per sqft
7 Nov 2023SoldReady
AED 2,350,000AED 1,767 per sqft
22 Nov 2022Sold by developerReady
AED 2,178,163AED 1,637 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
2-bed apartment
Size
1,330 sqft
Floor
12th of 42
Parking
B2-71
Developer
Wasl
Completed
2022
Last sold
AED 2.35M · November 2023

About 1206, 1 Residences by Wasl Tower 1

1206 is a two-bedroom apartment of 1,330 sqft on the 12th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 7 November 2023 for AED 2,350,000, or AED 1,767 per sqft, in line with the AED 1,744 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2026. The current contract, signed on 10 May 2026, is AED 160,000 a year: a gross yield of 6.8% on the 2023 price.

Sales and rents for 1206 over time

Sales
Unit 1206, 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 2,178,163 (AED 1,637 per sqft)Sold, November 2023: AED 2,350,000 (AED 1,767 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in 1 Residences by Wasl Tower 1
150K160K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 153,000; 2025 AED 155,000; 2026 AED 147,000New contract, May 2026: AED 160,000 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 1206 sits

All 205 2-beds →

1206 last sold in November 2023 at AED 1,767 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,744). 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. 1206's AED 160,000 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
12012-bedAED 2.41M · Nov 2022
12022-bedAED 2.12M · Dec 2022
12032-bedAED 2.47M · Nov 2022
12041-bedAED 1.7M · May 2025
12051-bedAED 1.45M · Nov 2022
12072-bedAED 2.14M · Mar 2023
12082-bedAED 2.6M · Sep 2026
1–7 of 9

1206, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 22 November 2022 for AED 2,178,163, last on 7 November 2023 for AED 2,350,000 (AED 1,767 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 6.8%.
  • 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 10 May 2026.

Questions about 1206, 1 Residences by Wasl Tower 1

What did unit 1206 last sell for?

AED 2,350,000 on 7 November 2023: AED 1,767 per sqft for 1,330 sqft. The unit has 2 registered sales; the first was AED 2,178,163 in November 2022.

What is the rent for unit 1206?

AED 160,000 a year on the contract signed on 10 May 2026.

How big is unit 1206?

1,330 sqft (123.6 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.

What is unit 1206 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 1206, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.35M, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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