1-bed · 924 sqft1 Residences by Wasl Tower 2, Al Kifaf · 16th floor · completed 2022

1609, 1 Residences by Wasl Tower 2

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

Unit 1609 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.54M2 February 2023
Current rentAED 115K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, 1 Residences by Wasl Tower 2

What is 1609 worth today?

Last sold for AED 1,543,548 in 2023

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1 Oct 2025RentedNew contract
AED 115,000/yr12 months · AED 124 per sqft
11 Jul 2024RentedRenewal
AED 130,000/yr12 months · AED 142 per sqft
2 Feb 2023Sold by developerReady
AED 1,543,548AED 1,670 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
16th of 42
Parking
B2-85
Developer
Wasl
Completed
2022
Last sold
AED 1.54M · February 2023

About 1609, 1 Residences by Wasl Tower 2

1609 is a one-bedroom apartment of 924 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 2 February 2023 for AED 1,543,548, or AED 1,670 per sqft, in line with the AED 1,634 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 October 2025, is AED 115,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in 1 Residences by Wasl Tower 2
1.4M1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,449,347; 2023 AED 1,533,529; 2024 AED 1,830,000; 2025 AED 1,750,000; 2026 AED 1,800,000Sold by developer, February 2023: AED 1,543,548 (AED 1,670 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in 1 Residences by Wasl Tower 2
100K120K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 102,900; 2025 AED 105,000; 2026 AED 104,000Renewal, July 2024: AED 130,000 a yearNew contract, October 2025: AED 115,000 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 2, and where 1609 sits

All 121 1-beds →

1609 last sold in February 2023 at AED 1,670 per sqft, in line with what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,634). Over the last 12 months one-beds sold for AED 1,640,000 to 2,100,000, around AED 1,924 per sqft, and rent for AED 80,000 to 132,000 a year. 1609's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,825,000
24 Sep 20261,800,000
18 Jun 20261,750,000
19 May 20262,100,000
8 1-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
16072-bedAED 2.17M · Feb 2023
1–7 of 9

1609, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 2 February 2023 for AED 1,543,548, or AED 1,670 per sqft.
  • Rented since July 2024 on 2 Ejari contracts, from AED 130,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 7.4%.
  • One-beds in 1 Residences by Wasl Tower 2 sold for AED 1,640,000–2,100,000 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 1 October 2025.

Questions about 1609, 1 Residences by Wasl Tower 2

What did unit 1609 last sell for?

AED 1,543,548 on 2 February 2023, sold by the developer: AED 1,670 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 115,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2024, was AED 130,000.

How big is unit 1609?

924 sqft (85.8 sqm): a one-bedroom apartment on the 16th floor of a 42-storey tower completed in 2022.

What is unit 1609 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 2 sold for AED 1,640,000 to 2,100,000 in the last 12 months, around AED 1,924 per sqft.

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Mortgage on 1609, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 1.54M, 2 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,543,548
Deposit, UAE resident (20%)
AED 308,710
Deposit, non-resident (40%)
AED 617,419
Monthly over 25 years at 3.7%
AED 6,315

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