3-bed · 1,704 sqft1 Residences by Wasl Tower 1, Al Kifaf · 40th floor · completed 2022

4007, 1 Residences by Wasl Tower 1

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

Unit 4007 · DLD and Ejari recordsUpdated 3 June 2023
Last soldAED 4.2M2 February 2023
Current rentAED 10K /yr3 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4007, 1 Residences by Wasl Tower 1

What is 4007 worth today?

Last sold for AED 4,201,247 in 2023

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3 Jun 2023RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 6 per sqft
2 Feb 2023Sold by developerReady
AED 4,201,247AED 2,464 per sqft

Source: Dubai Land Department. Updated 3 June 2023.

Key facts

Type
3-bed apartment
Size
1,704 sqft
Floor
40th of 42
Parking
M-30,M-31
Developer
Wasl
Completed
2022
Last sold
AED 4.2M · February 2023

About 4007, 1 Residences by Wasl Tower 1

4007 is a three-bedroom apartment of 1,704 sqft on the 40th 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 2 February 2023 for AED 4,201,247, or AED 2,464 per sqft, in line with the AED 2,464 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 June 2023. The current contract, signed on 3 June 2023, is AED 10,000 a year: a gross yield of 0.2% on the 2023 price.

Sales and rents for 4007 over time

Sales
Unit 4007, each saleTypical three-bed in 1 Residences by Wasl Tower 1
4.5M202220242026Typical sale price by year: 2022 AED 4,366,436; 2023 AED 4,771,303; 2024 AED 4,592,000; 2025 AED 4,510,527; 2026 AED 4,320,000Sold by developer, February 2023: AED 4,201,247 (AED 2,464 per sqft)

4007 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4007, each contractTypical three-bed in 1 Residences by Wasl Tower 1
260K280K202520262027Typical rent by year: 2025 AED 286,000; 2026 AED 260,000

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

3-beds in 1 Residences by Wasl Tower 1, and where 4007 sits

All 41 3-beds →

4007 last sold in February 2023 at AED 2,464 per sqft, in line with what three-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 2,464). Over the last 12 months three-beds sold for AED 3,650,000 to 7,950,184, around AED 2,429 per sqft, and rent for AED 240,000 to 320,000 a year. 4007's AED 10,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Sep 20265,350,002
19 Aug 20263,715,115
10 Aug 20263,650,000
5 Jun 20264,390,777
8 3-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
40013-bedAED 5.24M · Jan 2023
40022-bedAED 2.81M · Mar 2023
40033-bedAED 4.45M · Jan 2023
40042-bedAED 3.29M · Apr 2026
40052-bedAED 2.94M · Apr 2025
40092-bedAED 2.66M · Dec 2022
40101-bedAED 1.93M · Dec 2022
1–7 of 8

4007, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 2 February 2023 for AED 4,201,247, or AED 2,464 per sqft.
  • Rented since June 2023 on one Ejari contract, at AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2023 price is 0.2%.
  • Three-beds in 1 Residences by Wasl Tower 1 sold for AED 3,650,000–7,950,184 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 3 June 2023.

Questions about 4007, 1 Residences by Wasl Tower 1

What did unit 4007 last sell for?

AED 4,201,247 on 2 February 2023, sold by the developer: AED 2,464 per sqft for 1,704 sqft. It is the only registered sale of the unit.

What is the rent for unit 4007?

AED 10,000 a year on the contract signed on 3 June 2023.

How big is unit 4007?

1,704 sqft (158.3 sqm): a three-bedroom apartment on the 40th floor of a 42-storey tower completed in 2022.

What is unit 4007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in 1 Residences by Wasl Tower 1 sold for AED 3,650,000 to 7,950,184 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 4007, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 4.2M, 2 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,201,247
Deposit, UAE resident (20%)
AED 840,249
Deposit, non-resident (40%)
AED 1,680,499
Monthly over 25 years at 3.7%
AED 17,189

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