2-bed · 1,401 sqft1 Residences by Wasl Tower 1, Al Kifaf · 15th floor · completed 2022

1506, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 2.72M20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, 1 Residences by Wasl Tower 1

What is 1506 worth today?

Last sold for AED 2,720,000 in 2023

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20 Sep 2023SoldReady
AED 2,720,000AED 1,942 per sqft
23 Jan 2023Sold by developerReady
AED 2,347,125AED 1,675 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
15th of 42
Parking
B2-70
Developer
Wasl
Completed
2022
Last sold
AED 2.72M · September 2023

About 1506, 1 Residences by Wasl Tower 1

1506 is a two-bedroom apartment of 1,401 sqft on the 15th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 20 September 2023 for AED 2,720,000, or AED 1,942 per sqft, 12% above 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 1506 over time

Sales
Unit 1506, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.5M2.75M202220242026Typical 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, January 2023: AED 2,347,125 (AED 1,675 per sqft)Sold, September 2023: AED 2,720,000 (AED 1,942 per sqft)

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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 1506 sits

All 205 2-beds →

1506 last sold in September 2023 at AED 1,942 per sqft, 12% above 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
15012-bedAED 2.59M · Nov 2022
15022-bedAED 2.88M · Oct 2025
15032-bedAED 2.52M · Mar 2023
15041-bedAED 1.5M · Jul 2023
15051-bedAED 1.5M · Jan 2023
15072-bedAED 2.19M · Apr 2023
15082-bedAED 2.6M · Dec 2022
1–7 of 9

1506, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 23 January 2023 for AED 2,347,125, last on 20 September 2023 for AED 2,720,000 (AED 1,942 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 20 September 2023.

Questions about 1506, 1 Residences by Wasl Tower 1

What did unit 1506 last sell for?

AED 2,720,000 on 20 September 2023: AED 1,942 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 2,347,125 in January 2023.

How big is unit 1506?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2022.

What is unit 1506 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 1506, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.72M, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,720,000
Deposit, UAE resident (20%)
AED 544,000
Deposit, non-resident (40%)
AED 1,088,000
Monthly over 25 years at 3.7%
AED 11,128

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