2-bed · 1,273 sqft1 Residences by Wasl Tower 2, Al Kifaf · 12th floor · completed 2022

1202, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 3 December 2025
Last soldAED 2.38M14 March 2023
Current rentAED 145K /yr3 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, 1 Residences by Wasl Tower 2

What is 1202 worth today?

Last sold for AED 2,376,094 in 2023

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3 Dec 2025RentedRenewal
AED 145,000/yr12 months · AED 114 per sqft
3 Dec 2024RentedRenewal
AED 140,000/yr12 months · AED 110 per sqft
14 Mar 2023Sold by developerReady
AED 2,376,094AED 1,866 per sqft

Source: Dubai Land Department. Updated 3 December 2025.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
12th of 42
Parking
B2-104
Developer
Wasl
Completed
2022
Last sold
AED 2.38M · March 2023

About 1202, 1 Residences by Wasl Tower 2

1202 is a two-bedroom apartment of 1,273 sqft on the 12th floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. The developer sold it on 14 March 2023 for AED 2,376,094, or AED 1,866 per sqft, 7% above the AED 1,738 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 3 December 2025, is AED 145,000 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.5M2.75M20232024202520262027Typical sale price by year: 2023 AED 2,586,449; 2024 AED 2,850,000; 2025 AED 2,900,000; 2026 AED 2,725,000Sold by developer, March 2023: AED 2,376,094 (AED 1,866 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in 1 Residences by Wasl Tower 2
140K150K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 150,000Renewal, December 2024: AED 140,000 a yearRenewal, December 2025: AED 145,000 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 2, and where 1202 sits

All 196 2-beds →

1202 last sold in March 2023 at AED 1,866 per sqft, 7% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,738). Over the last 12 months two-beds sold for AED 2,200,000 to 3,050,000, around AED 1,864 per sqft, and rent for AED 90,000 to 200,000 a year. 1202's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20262,900,000
29 Jul 20262,200,000
3 Jul 20262,750,000
4 Jun 20262,950,000
12 2-bed sales in the last 12 months

1 Residences by Wasl Tower 2

Building

364 apartments, 1-bed to 3-bed over 42 floors in Al Kifaf, completed in 2022 by Wasl. 26 sold in the last 12 months.

Typical price per sqft
AED 1,984 Down 6.0%
Typical sale
AED 2.7M
Typical rent
AED 130K /yr
Typical yield
5.6%
1 Residences by Wasl Tower 2, Al Kifaf: prices, sales and rents →
Value
12012-bedAED 2.64M · Mar 2023
12032-bedAED 2.49M · Mar 2023
12041-bedAED 1.4M · Jan 2023
12051-bedAED 1.45M · Apr 2023
12062-bedAED 2.18M · Jan 2023
12072-bedAED 2.1M · Apr 2023
12082-bedAED 2.73M · Mar 2023
1–7 of 9

1202, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 14 March 2023 for AED 2,376,094, or AED 1,866 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, from AED 140,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 6.1%.
  • Two-beds in 1 Residences by Wasl Tower 2 sold for AED 2,200,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,984 per sqft.

Source: Dubai Land Department. Updated 3 December 2025.

Questions about 1202, 1 Residences by Wasl Tower 2

What did unit 1202 last sell for?

AED 2,376,094 on 14 March 2023, sold by the developer: AED 1,866 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 145,000 a year on the contract renewed on 3 December 2025. The previous contract, from December 2024, was AED 140,000.

How big is unit 1202?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2022.

What is unit 1202 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 2 sold for AED 2,200,000 to 3,050,000 in the last 12 months, around AED 1,864 per sqft.

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Mortgage on 1202, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.38M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,376,094
Deposit, UAE resident (20%)
AED 475,219
Deposit, non-resident (40%)
AED 950,438
Monthly over 25 years at 3.7%
AED 9,721

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