406, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in May 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 406, 1 Residences by Wasl Tower 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,876 sqft
- Floor
- 4th of 42
- Parking
- 3F-26
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 3.01M · May 2023
- Building
- 1 Residences by Wasl Tower 1
About 406, 1 Residences by Wasl Tower 1
406 is a two-bedroom apartment of 1,876 sqft on the 4th 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 1 May 2023 for AED 3,014,212, or AED 1,606 per sqft, 7% below the AED 1,736 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 406 over time
406 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 406 sits
All 205 2-beds →406 last sold in May 2023 at AED 1,606 per sqft, 7% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,736). 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 4th floor
All 375 units in 1 Residences by Wasl Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 549 sqft | AED 2.33MAED 2,327,525 · Dec 2022December 2022 | 140,000 /yr | |
| 402 | 2-bed | 1,267 sqft | AED 2.35MAED 2,350,000 · Feb 2024February 2024 | ||
| 403 | 2-bed | 741 sqft | AED 2.38MAED 2,381,416 · Nov 2022November 2022 | ||
| 404 | 1-bed | 887 sqft | AED 1.69MAED 1,690,000 · Apr 2026April 2026 | 112,000 /yr | |
| 405 | 1-bed | 922 sqft | AED 1.4MAED 1,395,221 · Nov 2022November 2022 | 85,000 /yr | |
| 407 | 2-bed | 1,635 sqft | AED 2.65MAED 2,649,098 · Feb 2023February 2023 | 170,000 /yr | |
| 408 | 1-bed | 922 sqft | AED 1.41MAED 1,406,383 · Nov 2022November 2022 | 110,000 /yr | |
| 409 | 1-bed | 887 sqft | AED 1.85MAED 1,850,000 · Mar 2025March 2025 |
406, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 1 May 2023 for AED 3,014,212, or AED 1,606 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 1 May 2023.
Questions about 406, 1 Residences by Wasl Tower 1
What did unit 406 last sell for?
AED 3,014,212 on 1 May 2023, sold by the developer: AED 1,606 per sqft for 1,876 sqft. It is the only registered sale of the unit.
How big is unit 406?
1,876 sqft (174.3 sqm): a two-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.
What is unit 406 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 406, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 3.01M, 1 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,014,212
- Deposit, UAE resident (20%)
- AED 602,842
- Deposit, non-resident (40%)
- AED 1,205,685
- Monthly over 25 years at 3.7%
- AED 12,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →