1-bed · 898 sqft1 Residences by Wasl Tower 1, Al Kifaf · 34th floor · completed 2022

3404, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.64M10 January 2023
Current rentAED 105K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, 1 Residences by Wasl Tower 1

What is 3404 worth today?

Last sold for AED 1,640,791 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Dec 2024RentedNew contract
AED 105,000/yr12 months · AED 118 per sqft
26 Aug 2023RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
10 Jan 2023Sold by developerReady
AED 1,640,791AED 1,827 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
34th of 42
Parking
B3-33
Developer
Wasl
Completed
2022
Last sold
AED 1.64M · January 2023

About 3404, 1 Residences by Wasl Tower 1

3404 is a one-bedroom apartment of 898 sqft on the 34th 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 10 January 2023 for AED 1,640,791, or AED 1,827 per sqft, 11% above the AED 1,640 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 18 December 2024, is AED 105,000 a year: a gross yield of 6.4% on the 2023 price.

Sales and rents for 3404 over time

Sales
Unit 3404, each saleTypical one-bed in 1 Residences by Wasl Tower 1
1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,479,386; 2023 AED 1,591,888; 2024 AED 1,700,000; 2025 AED 1,765,000; 2026 AED 1,690,000Sold by developer, January 2023: AED 1,640,791 (AED 1,827 per sqft)

3404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3404, each contractTypical one-bed in 1 Residences by Wasl Tower 1
95K100K105K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 104,709; 2025 AED 105,000; 2026 AED 100,000New contract, August 2023: AED 95,000 a yearNew contract, December 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 1 Residences by Wasl Tower 1, and where 3404 sits

All 129 1-beds →

3404 last sold in January 2023 at AED 1,827 per sqft, 11% above what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,640). Over the last 12 months one-beds sold for AED 1,630,000 to 2,000,000, around AED 1,827 per sqft, and rent for AED 80,000 to 146,000 a year. 3404's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
8 Oct 20261,630,000
24 Jun 20261,700,000
29 Apr 20261,690,000
8 1-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
34013-bedAED 3.72M · Aug 2026
34022-bedAED 2.67M · Aug 2024
34032-bedAED 2.86M · Dec 2022
34051-bedAED 1.71M · Mar 2023
34062-bedAED 2.89M · May 2024
34071-bedAED 1.75M · Nov 2022
34083-bedAED 4.47M · Sep 2024
1–7 of 8

3404, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 10 January 2023 for AED 1,640,791, or AED 1,827 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, from AED 95,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 6.4%.
  • One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,630,000–2,000,000 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 18 December 2024.

Questions about 3404, 1 Residences by Wasl Tower 1

What did unit 3404 last sell for?

AED 1,640,791 on 10 January 2023, sold by the developer: AED 1,827 per sqft for 898 sqft. It is the only registered sale of the unit.

What is the rent for unit 3404?

AED 105,000 a year on the contract signed on 18 December 2024. The previous contract, from August 2023, was AED 95,000.

How big is unit 3404?

898 sqft (83.4 sqm): a one-bedroom apartment on the 34th floor of a 42-storey tower completed in 2022.

What is unit 3404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,630,000 to 2,000,000 in the last 12 months, around AED 1,827 per sqft.

Selling 3404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3404, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.64M, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,791
Deposit, UAE resident (20%)
AED 328,158
Deposit, non-resident (40%)
AED 656,316
Monthly over 25 years at 3.7%
AED 6,713

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