1602, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, 1 Residences by Wasl Tower 1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 7 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,273 sqft
- Floor
- 16th of 42
- Parking
- B2-149
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.31M · February 2023
- Building
- 1 Residences by Wasl Tower 1
About 1602, 1 Residences by Wasl Tower 1
1602 is a two-bedroom apartment of 1,273 sqft on the 16th 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 7 February 2023 for AED 2,312,770, or AED 1,816 per sqft, 4% 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 1602 over time
1602 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 1602 sits
All 205 2-beds →1602 last sold in February 2023 at AED 1,816 per sqft, 4% 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 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 16th floor
All 375 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,368 sqft | AED 2.5MAED 2,500,000 · Jul 2025July 2025 | 165,000 /yr | |
| 1603 | 2-bed | 1,507 sqft | AED 1.96MAED 1,959,696 · Feb 2023February 2023 | 110,000 /yr | |
| 1604 | 1-bed | 888 sqft | AED 1.7MAED 1,700,000 · Sep 2024September 2024 | 82,775 /yr | |
| 1605 | 1-bed | 924 sqft | AED 1.5MAED 1,497,947 · Nov 2022November 2022 | 92,000 /yr | |
| 1606 | 2-bed | 1,330 sqft | AED 2.25MAED 2,245,184 · Dec 2022December 2022 | 141,000 /yr | |
| 1607 | 2-bed | 1,273 sqft | AED 2.17MAED 2,165,815 · Dec 2022December 2022 | 145,000 /yr | |
| 1608 | 2-bed | 1,546 sqft | AED 2.63MAED 2,629,049 · Dec 2022December 2022 | 165,000 /yr | |
| 1609 | 1-bed | 924 sqft | AED 1.57MAED 1,569,490 · Nov 2022November 2022 | 120,000 /yr | |
| 1610 | 1-bed | 888 sqft | AED 1.51MAED 1,508,978 · Nov 2022November 2022 | 107,500 /yr |
1602, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 7 February 2023 for AED 2,312,770, or AED 1,816 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 7 February 2023.
Questions about 1602, 1 Residences by Wasl Tower 1
What did unit 1602 last sell for?
AED 2,312,770 on 7 February 2023, sold by the developer: AED 1,816 per sqft for 1,273 sqft. It is the only registered sale of the unit.
How big is unit 1602?
1,273 sqft (118.3 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.
What is unit 1602 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 1602, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 2.31M, 7 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,312,770
- Deposit, UAE resident (20%)
- AED 462,554
- Deposit, non-resident (40%)
- AED 925,108
- Monthly over 25 years at 3.7%
- AED 9,462
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →