2-bed · 1,273 sqft1 Residences by Wasl Tower 2, Al Kifaf · 5th floor · completed 2022

502, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold twice, last in October 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 2.4M16 October 2024
Current rentAED 170K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, 1 Residences by Wasl Tower 2

What is 502 worth today?

Last sold for AED 2,400,000 in 2024

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21 Nov 2025RentedNew contract
AED 170,000/yr12 months · AED 134 per sqft
16 Oct 2024SoldReady
AED 2,400,000AED 1,885 per sqft
4 Aug 2024RentedRenewal
AED 150,000/yr6 months · AED 118 per sqft
12 Jan 2023Sold by developerReady
AED 2,050,981AED 1,610 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
5th of 42
Parking
B3-154
Developer
Wasl
Completed
2022
Last sold
AED 2.4M · October 2024

About 502, 1 Residences by Wasl Tower 2

502 is a two-bedroom apartment of 1,273 sqft on the 5th floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 16 October 2024 for AED 2,400,000, or AED 1,885 per sqft, 8% below the AED 2,040 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 November 2025, is AED 170,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in 1 Residences by Wasl Tower 2
2M2.5M3M20232024202520262027Typical 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, January 2023: AED 2,050,981 (AED 1,610 per sqft)Sold, October 2024: AED 2,400,000 (AED 1,885 per sqft)

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

Rents
Unit 502, 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 150,000Renewal, August 2024: AED 150,000 a yearNew contract, November 2025: 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 502 sits

All 196 2-beds →

502 last sold in October 2024 at AED 1,885 per sqft, 8% below what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 2,040). 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. 502'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 6.0%
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
5012-bedAED 2.75M · Oct 2023
5032-bedAED 2.62M · Dec 2025
5041-bedAED 1.5M · Oct 2024
5051-bedAED 1.38M · Jan 2023
5062-bedAED 2.75M · Jul 2026
5072-bedAED 1.99M · Apr 2023
5082-bedAED 2.3M · Feb 2023
1–7 of 9

502, 1 Residences by Wasl Tower 2 in numbers

  • Sold twice: first on 12 January 2023 for AED 2,050,981, last on 16 October 2024 for AED 2,400,000 (AED 1,885 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, from AED 150,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 7.1%.
  • 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 21 November 2025.

Questions about 502, 1 Residences by Wasl Tower 2

What did unit 502 last sell for?

AED 2,400,000 on 16 October 2024: AED 1,885 per sqft for 1,273 sqft. The unit has 2 registered sales; the first was AED 2,050,981 in January 2023.

What is the rent for unit 502?

AED 170,000 a year on the contract signed on 21 November 2025. The previous contract, from August 2024, was AED 150,000.

How big is unit 502?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 5th floor of a 42-storey tower completed in 2022.

What is unit 502 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 502, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.4M, 16 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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