2-bed · 1,401 sqft1 Residences by Wasl Tower 1, Al Kifaf · 17th floor · completed 2022

1703, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 2.38M15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, 1 Residences by Wasl Tower 1

What is 1703 worth today?

Last sold for AED 2,382,233 in 2022

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15 Nov 2022Sold by developerReady
AED 2,382,233AED 1,700 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
17th of 42
Parking
B2-177
Developer
Wasl
Completed
2022
Last sold
AED 2.38M · November 2022

About 1703, 1 Residences by Wasl Tower 1

1703 is a two-bedroom apartment of 1,401 sqft on the 17th 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 15 November 2022 for AED 2,382,233, or AED 1,700 per sqft, in line with the AED 1,713 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, November 2022: AED 2,382,233 (AED 1,700 per sqft)

1703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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 1703 sits

All 205 2-beds →

1703 last sold in November 2022 at AED 1,700 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,713). 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
17012-bedAED 2.64M · Nov 2022
17022-bedAED 2.2M · Nov 2022
17041-bedAED 1.45M · Dec 2022
17051-bedAED 1.51M · Dec 2022
17062-bedAED 2.66M · Aug 2023
17072-bedAED 2.18M · Mar 2023
17082-bedAED 2.48M · Feb 2023
1–7 of 9

1703, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 15 November 2022 for AED 2,382,233, or AED 1,700 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 15 November 2022.

Questions about 1703, 1 Residences by Wasl Tower 1

What did unit 1703 last sell for?

AED 2,382,233 on 15 November 2022, sold by the developer: AED 1,700 per sqft for 1,401 sqft. It is the only registered sale of the unit.

How big is unit 1703?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 17th floor of a 42-storey tower completed in 2022.

What is unit 1703 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 1703, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.38M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,382,233
Deposit, UAE resident (20%)
AED 476,447
Deposit, non-resident (40%)
AED 952,893
Monthly over 25 years at 3.7%
AED 9,746

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