2-bed · 1,332 sqft1 Residences by Wasl Tower 2, Al Kifaf · 40th floor · completed 2022

4020, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4020 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 2.89M5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4020, 1 Residences by Wasl Tower 2

What is 4020 worth today?

Last sold for AED 2,885,941 in 2023

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5 Apr 2023Sold by developerReady
AED 2,885,941AED 2,166 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
2-bed apartment
Size
1,332 sqft
Floor
40th of 42
Parking
B3-120
Developer
Wasl
Completed
2022
Last sold
AED 2.89M · April 2023

About 4020, 1 Residences by Wasl Tower 2

4020 is a two-bedroom apartment of 1,332 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 5 April 2023 for AED 2,885,941, or AED 2,166 per sqft, 24% above the AED 1,752 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4020 over time

Sales
Unit 4020, 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, April 2023: AED 2,885,941 (AED 2,166 per sqft)

4020 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4020, each contractTypical two-bed in 1 Residences by Wasl Tower 2
145K150K155K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 150,000

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 4020 sits

All 196 2-beds →

4020 last sold in April 2023 at AED 2,166 per sqft, 24% above what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,752). 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.

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
40162-bedAED 2.71M · May 2023
40173-bedAED 5.3M · Dec 2024
40182-bedAED 3.23M · Apr 2023
1–7 of 10

4020, 1 Residences by Wasl Tower 2 in numbers

  • Sold once: by Wasl on 5 April 2023 for AED 2,885,941, or AED 2,166 per sqft.
  • 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 5 April 2023.

Questions about 4020, 1 Residences by Wasl Tower 2

What did unit 4020 last sell for?

AED 2,885,941 on 5 April 2023, sold by the developer: AED 2,166 per sqft for 1,332 sqft. It is the only registered sale of the unit.

How big is unit 4020?

1,332 sqft (123.7 sqm): a two-bedroom apartment on the 40th floor of a 42-storey tower completed in 2022.

What is unit 4020 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 4020, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.89M, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,885,941
Deposit, UAE resident (20%)
AED 577,188
Deposit, non-resident (40%)
AED 1,154,376
Monthly over 25 years at 3.7%
AED 11,807

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