408, 1 Residences by Wasl Tower 1
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, 1 Residences by Wasl Tower 1
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 922 sqft
- Floor
- 4th of 42
- Parking
- 3F-43
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1.41M · November 2022
- Building
- 1 Residences by Wasl Tower 1
About 408, 1 Residences by Wasl Tower 1
408 is a one-bedroom apartment of 922 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 7 November 2022 for AED 1,406,383, or AED 1,524 per sqft, 5% below the AED 1,609 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 110,000 a year: a gross yield of 7.8% on the 2022 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 129 1-beds →408 last sold in November 2022 at AED 1,524 per sqft, 5% below what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,609). 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. 408's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 924 sqft | 2,000,000 | 2,164 | ||
| 8 Oct 20268 October 2026 | 934 sqft | 1,630,000 | 1,745 | ||
| 24 Jun 202624 June 2026 | 932 sqft | 1,700,000 | 1,823 | ||
| 29 Apr 202629 April 2026 | 887 sqft | 1,690,000 | 1,906 |
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 | |
| 406 | 2-bed | 1,876 sqft | AED 3.01MAED 3,014,212 · May 2023May 2023 | ||
| 407 | 2-bed | 1,635 sqft | AED 2.65MAED 2,649,098 · Feb 2023February 2023 | 170,000 /yr | |
| 409 | 1-bed | 887 sqft | AED 1.85MAED 1,850,000 · Mar 2025March 2025 |
408, 1 Residences by Wasl Tower 1 in numbers
- Sold once: by Wasl on 7 November 2022 for AED 1,406,383, or AED 1,524 per sqft.
- Rented since March 2023 on 3 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 7.8%.
- 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 1 February 2026.
Questions about 408, 1 Residences by Wasl Tower 1
What did unit 408 last sell for?
AED 1,406,383 on 7 November 2022, sold by the developer: AED 1,524 per sqft for 922 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 110,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since March 2023.
How big is unit 408?
922 sqft (85.7 sqm): a one-bedroom apartment on the 4th floor of a 42-storey tower completed in 2022.
What is unit 408 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 408? 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.
Mortgage on 408, 1 Residences by Wasl Tower 1
Starts from the last sale price (AED 1.41M, 7 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,406,383
- Deposit, UAE resident (20%)
- AED 281,277
- Deposit, non-resident (40%)
- AED 562,553
- Monthly over 25 years at 3.7%
- AED 5,754
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →