2-bed · 1,540 sqft1 Residences by Wasl Tower 1, Al Kifaf · 7th floor · completed 2022

708, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold twice, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 2.69M23 July 2024
Current rentAED 158K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, 1 Residences by Wasl Tower 1

What is 708 worth today?

Last sold for AED 2,690,000 in 2024

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20 Sep 2026RentedRenewal
AED 158,000/yr12 months · AED 103 per sqft
20 Sep 2025RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
20 Sep 2024RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
23 Jul 2024SoldReady
AED 2,690,000AED 1,746 per sqft
8 Mar 2023Sold by developerReady
AED 2,445,412AED 1,587 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
7th of 42
Parking
B3-186
Developer
Wasl
Completed
2022
Last sold
AED 2.69M · July 2024

About 708, 1 Residences by Wasl Tower 1

708 is a two-bedroom apartment of 1,540 sqft on the 7th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 23 July 2024 for AED 2,690,000, or AED 1,746 per sqft, 11% below the AED 1,957 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 158,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in 1 Residences by Wasl Tower 1
2.4M2.6M2.8M202220242026Typical sale price by year: 2022 AED 2,448,061; 2023 AED 2,469,537; 2024 AED 2,825,210; 2025 AED 2,875,000; 2026 AED 2,850,000Sold by developer, March 2023: AED 2,445,412 (AED 1,587 per sqft)Sold, July 2024: AED 2,690,000 (AED 1,746 per sqft)

708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 708, each contractTypical two-bed in 1 Residences by Wasl Tower 1
160K202320252027Typical rent by year: 2023 AED 150,000; 2024 AED 153,000; 2025 AED 155,000; 2026 AED 147,000New contract, September 2024: AED 170,000 a yearRenewal, September 2025: AED 170,000 a yearRenewal, September 2026: AED 158,000 a year

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 708 sits

All 205 2-beds →

708 last sold in July 2024 at AED 1,746 per sqft, 11% below what two-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,957). 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. 708's AED 158,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,600,000
16 Sep 20262,600,000
10 Sep 20263,600,000
18 Aug 20262,850,000
15 2-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
7012-bedAED 2.3M · Nov 2022
7022-bedAED 2.16M · Nov 2022
7032-bedAED 2.37M · Nov 2022
7041-bedAED 1.36M · Nov 2022
7051-bedAED 1.63M · Oct 2026
7062-bedAED 2.21M · Dec 2022
7072-bedAED 2.06M · Jan 2023
1–7 of 9

708, 1 Residences by Wasl Tower 1 in numbers

  • Sold twice: first on 8 March 2023 for AED 2,445,412, last on 23 July 2024 for AED 2,690,000 (AED 1,746 per sqft).
  • Rented since September 2024 on 3 Ejari contracts, from AED 170,000 to AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 20 September 2026.

Questions about 708, 1 Residences by Wasl Tower 1

What did unit 708 last sell for?

AED 2,690,000 on 23 July 2024: AED 1,746 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 2,445,412 in March 2023.

What is the rent for unit 708?

AED 158,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 170,000; the unit has been rented since September 2024.

How big is unit 708?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.

What is unit 708 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 708, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 2.69M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,690,000
Deposit, UAE resident (20%)
AED 538,000
Deposit, non-resident (40%)
AED 1,076,000
Monthly over 25 years at 3.7%
AED 11,006

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