2-bed · 1,492 sqft1 Residences by Wasl Tower 2, Al Kifaf · 37th floor · completed 2022

3718, 1 Residences by Wasl Tower 2

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

Unit 3718 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 3.05M28 February 2023
Current rentAED 175K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3718, 1 Residences by Wasl Tower 2

What is 3718 worth today?

Last sold for AED 3,048,581 in 2023

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1 Oct 2024RentedNew contract
AED 175,000/yr12 months · AED 117 per sqft
28 Feb 2023Sold by developerReady
AED 3,048,581AED 2,043 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,492 sqft
Floor
37th of 42
Parking
2F-74
Developer
Wasl
Completed
2022
Last sold
AED 3.05M · February 2023

About 3718, 1 Residences by Wasl Tower 2

3718 is a two-bedroom apartment of 1,492 sqft on the 37th 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 28 February 2023 for AED 3,048,581, or AED 2,043 per sqft, 19% above the AED 1,713 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 175,000 a year: a gross yield of 5.7% on the 2023 price.

Sales and rents for 3718 over time

Sales
Unit 3718, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.75M3M20232024202520262027Typical 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 3,048,581 (AED 2,043 per sqft)

3718 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3718, each contractTypical two-bed in 1 Residences by Wasl Tower 2
140K160K180K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 150,000New contract, October 2024: AED 175,000 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 3718 sits

All 196 2-beds →

3718 last sold in February 2023 at AED 2,043 per sqft, 19% 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. 3718's AED 175,000 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 6.7%
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
37122-bedAED 2.64M · Aug 2024
37131-bedAED 1.84M · Mar 2023
37142-bedAED 3.07M · Dec 2024
37153-bedAED 5.08M · May 2025
37162-bedAED 2.76M · May 2023
37173-bedAED 4.94M · Oct 2025
37192-bedAED 2.81M · Feb 2023
1–7 of 10

3718, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 28 February 2023 for AED 3,048,581, or AED 2,043 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 5.7%.
  • 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 1 October 2024.

Questions about 3718, 1 Residences by Wasl Tower 2

What did unit 3718 last sell for?

AED 3,048,581 on 28 February 2023, sold by the developer: AED 2,043 per sqft for 1,492 sqft. It is the only registered sale of the unit.

What is the rent for unit 3718?

AED 175,000 a year on the contract signed on 1 October 2024.

How big is unit 3718?

1,492 sqft (138.6 sqm): a two-bedroom apartment on the 37th floor of a 42-storey tower completed in 2022.

What is unit 3718 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 3718, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 3.05M, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,048,581
Deposit, UAE resident (20%)
AED 609,716
Deposit, non-resident (40%)
AED 1,219,432
Monthly over 25 years at 3.7%
AED 12,473

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