1401, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, 1 Residences by Wasl Tower 2
What is 1401 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,545 sqft
- Floor
- 14th of 42
- Parking
- B2-98
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 3.04M · March 2023
- Building
- 1 Residences by Wasl Tower 2
About 1401, 1 Residences by Wasl Tower 2
1401 is a two-bedroom apartment of 1,545 sqft on the 14th 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 2 March 2023 for AED 3,036,930, or AED 1,965 per sqft, 15% above the AED 1,713 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 August 2024. The current contract, renewed on 20 August 2024, is AED 165,000 a year: a gross yield of 5.4% on the 2023 price.
Sales and rents for 1401 over time
1401 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 2, and where 1401 sits
All 196 2-beds →1401 last sold in March 2023 at AED 1,965 per sqft, 15% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,713). 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. 1401's AED 165,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Sep 20262 September 2026 | 1,273 sqft | 2,900,000 | 2,278 | ||
| 29 Jul 202629 July 2026 | 1,453 sqft | 2,200,000 | 1,514 | ||
| 3 Jul 20263 July 2026 | 1,502 sqft | 2,750,000 | 1,830 | ||
| 4 Jun 20264 June 2026 | 1,502 sqft | 2,950,000 | 1,964 |
1 Residences by Wasl Tower 2
Building364 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%
Other units on the 14th floor
All 364 units in 1 Residences by Wasl Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,273 sqft | AED 2.42MAED 2,416,502 · Feb 2023February 2023 | ||
| 1403 | 2-bed | 1,330 sqft | AED 2.24MAED 2,239,212 · Jan 2023January 2023 | ||
| 1404 | 1-bed | 888 sqft | AED 1.42MAED 1,419,248 · Jan 2023January 2023 | 98,000 /yr | |
| 1405 | 1-bed | 924 sqft | AED 1.48MAED 1,476,338 · Feb 2023February 2023 | 110,000 /yr | |
| 1406 | 2-bed | 1,507 sqft | AED 2.7MAED 2,700,000 · Nov 2025November 2025 | 150,000 /yr | |
| 1407 | 2-bed | 1,273 sqft | AED 2.13MAED 2,133,193 · Mar 2023March 2023 | 110,000 /yr | |
| 1408 | 2-bed | 1,368 sqft | AED 2.46MAED 2,460,223 · Feb 2023February 2023 | 155,000 /yr | |
| 1409 | 1-bed | 924 sqft | AED 1.88MAED 1,880,000 · Jul 2024July 2024 | 110,000 /yr | |
| 1410 | 1-bed | 888 sqft | AED 1.83MAED 1,825,000 · Oct 2026October 2026 | 110,000 /yr |
1401, 1 Residences by Wasl Tower 2 in numbers
- Sold once: by Wasl on 2 March 2023 for AED 3,036,930, or AED 1,965 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 5.4%.
- 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 20 August 2024.
Questions about 1401, 1 Residences by Wasl Tower 2
What did unit 1401 last sell for?
AED 3,036,930 on 2 March 2023, sold by the developer: AED 1,965 per sqft for 1,545 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 165,000 a year on the contract renewed on 20 August 2024.
How big is unit 1401?
1,545 sqft (143.5 sqm): a two-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.
What is unit 1401 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 1401, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 3.04M, 2 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,036,930
- Deposit, UAE resident (20%)
- AED 607,386
- Deposit, non-resident (40%)
- AED 1,214,772
- Monthly over 25 years at 3.7%
- AED 12,425
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →