2-bed · 1,274 sqft1 Residences by Wasl Tower 2, Al Kifaf · 40th floor · completed 2022

4016, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4016 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 2.71M4 May 2023
Current rentAED 170K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4016, 1 Residences by Wasl Tower 2

What is 4016 worth today?

Last sold for AED 2,706,262 in 2023

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20 Apr 2026RentedNew contract
AED 170,000/yr12 months · AED 134 per sqft
4 May 2023Sold by developerReady
AED 2,706,262AED 2,124 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
40th of 42
Parking
1F-81
Developer
Wasl
Completed
2022
Last sold
AED 2.71M · May 2023

About 4016, 1 Residences by Wasl Tower 2

4016 is a two-bedroom apartment of 1,274 sqft on the 40th 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 4 May 2023 for AED 2,706,262, or AED 2,124 per sqft, 20% above the AED 1,772 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2026. The current contract, signed on 20 April 2026, is AED 170,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 4016 over time

Sales
Unit 4016, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2.6M2.8M20232024202520262027Typical 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, May 2023: AED 2,706,262 (AED 2,124 per sqft)

4016 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4016, each contractTypical two-bed in 1 Residences by Wasl Tower 2
160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 150,000New contract, April 2026: AED 170,000 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 4016 sits

All 196 2-beds →

4016 last sold in May 2023 at AED 2,124 per sqft, 20% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,772). 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. 4016's AED 170,000 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
40122-bedAED 2.69M · Apr 2025
40131-bedAED 1.89M · Feb 2023
40142-bedAED 3.13M · Apr 2025
40153-bedAED 4.54M · Aug 2024
40173-bedAED 5.3M · Dec 2024
40182-bedAED 3.23M · Apr 2023
40192-bedAED 2.86M · Apr 2023
1–7 of 10

4016, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 4 May 2023 for AED 2,706,262, or AED 2,124 per sqft.
  • Rented since April 2026 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 6.3%.
  • 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 April 2026.

Questions about 4016, 1 Residences by Wasl Tower 2

What did unit 4016 last sell for?

AED 2,706,262 on 4 May 2023, sold by the developer: AED 2,124 per sqft for 1,274 sqft. It is the only registered sale of the unit.

What is the rent for unit 4016?

AED 170,000 a year on the contract signed on 20 April 2026.

How big is unit 4016?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 40th floor of a 42-storey tower completed in 2022.

What is unit 4016 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 4016, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.71M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,706,262
Deposit, UAE resident (20%)
AED 541,252
Deposit, non-resident (40%)
AED 1,082,505
Monthly over 25 years at 3.7%
AED 11,072

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