2-bed · 1,507 sqft1 Residences by Wasl Tower 1, Al Kifaf · 14th floor · completed 2022

1406, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 2.61M24 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, 1 Residences by Wasl Tower 1

What is 1406 worth today?

Last sold for AED 2,607,357 in 2023

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24 Aug 2023Sold by developerReady
AED 2,607,357AED 1,729 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type
2-bed apartment
Size
1,507 sqft
Floor
14th of 42
Parking
B2-69
Developer
Wasl
Completed
2022
Last sold
AED 2.61M · August 2023

About 1406, 1 Residences by Wasl Tower 1

1406 is a two-bedroom apartment of 1,507 sqft on the 14th 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 24 August 2023 for AED 2,607,357, or AED 1,729 per sqft, in line with the AED 1,738 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.4M2.6M2.8M202220242026Typical 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, August 2023: AED 2,607,357 (AED 1,729 per sqft)

1406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in 1 Residences by Wasl Tower 1
150K155K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 153,000; 2025 AED 155,000; 2026 AED 147,000

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 1406 sits

All 205 2-beds →

1406 last sold in August 2023 at AED 1,729 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,738). 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.

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
14012-bedAED 2.75M · Nov 2022
14022-bedAED 2.28M · Nov 2022
14032-bedAED 2.75M · Mar 2024
14041-bedAED 1.42M · Nov 2022
14051-bedAED 1.48M · Dec 2022
14072-bedAED 2.18M · Jan 2023
14082-bedAED 2.31M · Dec 2022
1–7 of 9

1406, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 24 August 2023 for AED 2,607,357, or AED 1,729 per sqft.
  • 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 24 August 2023.

Questions about 1406, 1 Residences by Wasl Tower 1

What did unit 1406 last sell for?

AED 2,607,357 on 24 August 2023, sold by the developer: AED 1,729 per sqft for 1,507 sqft. It is the only registered sale of the unit.

How big is unit 1406?

1,507 sqft (140.0 sqm): a two-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.

What is unit 1406 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 1406, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.61M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,607,357
Deposit, UAE resident (20%)
AED 521,471
Deposit, non-resident (40%)
AED 1,042,943
Monthly over 25 years at 3.7%
AED 10,668

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