1-bed · 924 sqft1 Residences by Wasl Tower 1, Al Kifaf · 5th floor · completed 2022

509, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 22 June 2026
Last soldAED 1.39M4 November 2022
Current rentAED 90K /yr22 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, 1 Residences by Wasl Tower 1

What is 509 worth today?

Last sold for AED 1,386,160 in 2022

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22 Jun 2026RentedNew contract
AED 89,830/yr11 months · AED 97 per sqft
1 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 119 per sqft
22 Jan 2025RentedNew contract
AED 125,000/yr12 months · AED 135 per sqft
20 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 135 per sqft
4 Nov 2022Sold by developerReady
AED 1,386,160AED 1,500 per sqft

Source: Dubai Land Department. Updated 22 June 2026.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
5th of 42
Parking
B3-170
Developer
Wasl
Completed
2022
Last sold
AED 1.39M · November 2022

About 509, 1 Residences by Wasl Tower 1

509 is a one-bedroom apartment of 924 sqft on the 5th 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 4 November 2022 for AED 1,386,160, or AED 1,500 per sqft, 7% below the AED 1,617 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 22 June 2026, is AED 89,830 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in 1 Residences by Wasl Tower 1
1.4M1.6M1.8M202220242026Typical 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, November 2022: AED 1,386,160 (AED 1,500 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in 1 Residences by Wasl Tower 1
100K120K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 104,709; 2025 AED 105,000; 2026 AED 100,000New contract, December 2024: AED 125,000 a yearNew contract, January 2025: AED 125,000 a yearNew contract, April 2025: AED 110,000 a yearNew contract, June 2026: AED 89,830 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 509 sits

All 129 1-beds →

509 last sold in November 2022 at AED 1,500 per sqft, 7% below what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,617). 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. 509's AED 89,830 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
5012-bedAED 2.43M · Jan 2023
5022-bedAED 2.01M · Nov 2022
5032-bedAED 2.45M · May 2024
5041-bedAED 1.32M · Nov 2022
5051-bedAED 1.37M · Nov 2022
5062-bedAED 2.33M · Feb 2023
5072-bedAED 2.03M · Nov 2022
1–7 of 9

509, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 4 November 2022 for AED 1,386,160, or AED 1,500 per sqft.
  • Rented since December 2024 on 4 Ejari contracts, from AED 125,000 to AED 89,830 a year.
  • At AED 89,830 a year the gross yield on the 2022 price is 6.5%.
  • 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 22 June 2026.

Questions about 509, 1 Residences by Wasl Tower 1

What did unit 509 last sell for?

AED 1,386,160 on 4 November 2022, sold by the developer: AED 1,500 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 89,830 a year on the contract signed on 22 June 2026. The previous contract, from April 2025, was AED 110,000; the unit has been rented since December 2024.

How big is unit 509?

924 sqft (85.8 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2022.

What is unit 509 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.

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Mortgage on 509, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.39M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,386,160
Deposit, UAE resident (20%)
AED 277,232
Deposit, non-resident (40%)
AED 554,464
Monthly over 25 years at 3.7%
AED 5,671

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