503, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, 1 Residences by Wasl Tower 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 12 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 5th of 42
- Parking
- B3-86
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 2.62M · December 2025
- Building
- 1 Residences by Wasl Tower 2
About 503, 1 Residences by Wasl Tower 2
503 is a two-bedroom apartment of 1,401 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 12 December 2025 for AED 2,620,000, or AED 1,870 per sqft, 10% below the AED 2,080 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 7 March 2025, is AED 135,000 a year: a gross yield of 5.1% on the 2025 price.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 503 sits
All 196 2-beds →503 last sold in December 2025 at AED 1,870 per sqft, 10% below what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 2,080). 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. 503's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Sep 20262 September 2026 | 1,273 sqft | 2,900,000 | 2,278 | ||
| 29 Jul 202629 July 2026 | 1,453 sqft | 2,200,000 | 1,514 | ||
| 3 Jul 20263 July 2026 | 1,502 sqft | 2,750,000 | 1,830 | ||
| 4 Jun 20264 June 2026 | 1,502 sqft | 2,950,000 | 1,964 |
1 Residences by Wasl Tower 2
Building364 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%
Other units on the 5th floor
All 364 units in 1 Residences by Wasl Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,540 sqft | AED 2.75MAED 2,750,000 · Oct 2023October 2023 | 130,000 /yr | |
| 502 | 2-bed | 1,273 sqft | AED 2.4MAED 2,400,000 · Oct 2024October 2024 | 170,000 /yr | |
| 504 | 1-bed | 888 sqft | AED 1.5MAED 1,500,000 · Oct 2024October 2024 | 120,000 /yr | |
| 505 | 1-bed | 924 sqft | AED 1.38MAED 1,375,308 · Jan 2023January 2023 | 90,000 /yr | |
| 506 | 2-bed | 1,502 sqft | AED 2.75MAED 2,750,000 · Jul 2026July 2026 | ||
| 507 | 2-bed | 1,273 sqft | AED 1.99MAED 1,988,341 · Apr 2023April 2023 | 150,000 /yr | |
| 508 | 2-bed | 1,453 sqft | AED 2.3MAED 2,297,503 · Feb 2023February 2023 | 161,551 /yr | |
| 509 | 1-bed | 924 sqft | AED 1.4MAED 1,396,854 · Mar 2023March 2023 | 87,000 /yr | |
| 510 | 1-bed | 888 sqft | AED 1.33MAED 1,332,220 · Mar 2023March 2023 | 112,000 /yr |
503, 1 Residences by Wasl Tower 2 in numbers
- Sold twice: first on 10 March 2023 for AED 2,174,249, last on 12 December 2025 for AED 2,620,000 (AED 1,870 per sqft).
- Rented since June 2023 on 4 Ejari contracts, from AED 128,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2025 price is 5.1%.
- 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 12 December 2025.
Questions about 503, 1 Residences by Wasl Tower 2
What did unit 503 last sell for?
AED 2,620,000 on 12 December 2025: AED 1,870 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 2,174,249 in March 2023.
What is the rent for unit 503?
AED 135,000 a year on the contract signed on 7 March 2025. The previous contract, from March 2025, was AED 135,000; the unit has been rented since June 2023.
How big is unit 503?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 5th floor of a 42-storey tower completed in 2022.
What is unit 503 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 503, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 2.62M, 12 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,620,000
- Deposit, UAE resident (20%)
- AED 524,000
- Deposit, non-resident (40%)
- AED 1,048,000
- Monthly over 25 years at 3.7%
- AED 10,719
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →