2-bed · 1,273 sqft1 Residences by Wasl Tower 1, Al Kifaf · 13th floor · completed 2022

1302, 1 Residences by Wasl Tower 1

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

Unit 1302 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 2.58M13 December 2023
Current rentAED 190K /yr22 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, 1 Residences by Wasl Tower 1

What is 1302 worth today?

Last sold for AED 2,580,000 in 2023

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22 May 2024RentedNew contract
AED 189,600/yr12 months · AED 149 per sqft
21 Mar 2024RentedNew contract
AED 250,000/yr12 months · AED 197 per sqft
27 Dec 2023RentedNew contract
AED 300,000/yr12 months · AED 236 per sqft
13 Dec 2023SoldReady
AED 2,580,000AED 2,026 per sqft
29 Dec 2022Sold by developerReady
AED 2,261,753AED 1,776 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
13th of 42
Parking
B2-146
Developer
Wasl
Completed
2022
Last sold
AED 2.58M · December 2023

About 1302, 1 Residences by Wasl Tower 1

1302 is a two-bedroom apartment of 1,273 sqft on the 13th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 13 December 2023 for AED 2,580,000, or AED 2,026 per sqft, 16% above the AED 1,749 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 22 May 2024, is AED 189,600 a year: a gross yield of 7.3% on the 2023 price.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M202220242026Typical 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, December 2022: AED 2,261,753 (AED 1,776 per sqft)Sold, December 2023: AED 2,580,000 (AED 2,026 per sqft)

1302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in 1 Residences by Wasl Tower 1
200K300K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 153,000; 2025 AED 155,000; 2026 AED 147,000New contract, December 2023: AED 300,000 a yearNew contract, March 2024: AED 250,000 a yearNew contract, May 2024: AED 189,600 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 1302 sits

All 205 2-beds →

1302 last sold in December 2023 at AED 2,026 per sqft, 16% above what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,749). 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. 1302's AED 189,600 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
13012-bedAED 2.72M · Dec 2024
13032-bedAED 2.31M · Feb 2023
13041-bedAED 1.41M · Nov 2022
13051-bedAED 1.46M · Mar 2023
13062-bedAED 2.58M · Jul 2023
13072-bedAED 2.16M · Mar 2023
13082-bedAED 2.41M · Dec 2022
1–7 of 9

1302, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 29 December 2022 for AED 2,261,753, last on 13 December 2023 for AED 2,580,000 (AED 2,026 per sqft).
  • Rented since December 2023 on 3 Ejari contracts, from AED 300,000 to AED 189,600 a year.
  • At AED 189,600 a year the gross yield on the 2023 price is 7.3%.
  • 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 22 May 2024.

Questions about 1302, 1 Residences by Wasl Tower 1

What did unit 1302 last sell for?

AED 2,580,000 on 13 December 2023: AED 2,026 per sqft for 1,273 sqft. The unit has 2 registered sales; the first was AED 2,261,753 in December 2022.

What is the rent for unit 1302?

AED 189,600 a year on the contract signed on 22 May 2024. The previous contract, from March 2024, was AED 250,000; the unit has been rented since December 2023.

How big is unit 1302?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 13th floor of a 42-storey tower completed in 2022.

What is unit 1302 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 1302, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.58M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,000
Deposit, UAE resident (20%)
AED 516,000
Deposit, non-resident (40%)
AED 1,032,000
Monthly over 25 years at 3.7%
AED 10,556

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