2-bed · 1,273 sqft1 Residences by Wasl Tower 2, Al Kifaf · 16th floor · completed 2022

1607, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 2.17M19 February 2023
Current rentAED 125K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, 1 Residences by Wasl Tower 2

What is 1607 worth today?

Last sold for AED 2,165,815 in 2023

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15 Jun 2025RentedNew contract
AED 125,000/yr36 months · AED 98 per sqft
19 Feb 2023Sold by developerReady
AED 2,165,815AED 1,700 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
16th of 42
Parking
B2-96
Developer
Wasl
Completed
2022
Last sold
AED 2.17M · February 2023

About 1607, 1 Residences by Wasl Tower 2

1607 is a two-bedroom apartment of 1,273 sqft on the 16th 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 19 February 2023 for AED 2,165,815, or AED 1,700 per sqft, in line with the AED 1,698 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2025. The current contract, signed on 15 June 2025, is AED 125,000 a year: a gross yield of 5.8% on the 2023 price.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.5M3M20232024202520262027Typical 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, February 2023: AED 2,165,815 (AED 1,700 per sqft)

1607 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, each contractTypical two-bed in 1 Residences by Wasl Tower 2
120K140K160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 150,000New contract, June 2025: AED 125,000 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 1607 sits

All 196 2-beds →

1607 last sold in February 2023 at AED 1,700 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,698). 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. 1607's AED 125,000 is in the lower 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
16012-bedAED 3.05M · Nov 2025
16022-bedAED 2.62M · Feb 2025
16032-bedAED 2.8M · Dec 2025
16041-bedAED 1.44M · Jan 2023
16051-bedAED 1.5M · Jan 2023
16062-bedAED 2.6M · Nov 2024
16082-bedAED 2.83M · Mar 2023
1–7 of 9

1607, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 19 February 2023 for AED 2,165,815, or AED 1,700 per sqft.
  • Rented since June 2025 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 5.8%.
  • 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 15 June 2025.

Questions about 1607, 1 Residences by Wasl Tower 2

What did unit 1607 last sell for?

AED 2,165,815 on 19 February 2023, sold by the developer: AED 1,700 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit 1607?

AED 125,000 a year on the contract signed on 15 June 2025.

How big is unit 1607?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.

What is unit 1607 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 1607, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.17M, 19 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,165,815
Deposit, UAE resident (20%)
AED 433,163
Deposit, non-resident (40%)
AED 866,326
Monthly over 25 years at 3.7%
AED 8,861

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