504, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold twice, last in October 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, 1 Residences by Wasl Tower 2
What is 504 worth today?
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Source: Dubai Land Department. Updated 11 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 888 sqft
- Floor
- 5th of 42
- Parking
- B3-19
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1.5M · October 2024
- Building
- 1 Residences by Wasl Tower 2
About 504, 1 Residences by Wasl Tower 2
504 is a one-bedroom apartment of 888 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 17 October 2024 for AED 1,500,000, or AED 1,688 per sqft, 10% below the AED 1,867 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 11 January 2026, is AED 120,000 a year: a gross yield of 8.0% on the 2024 price.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in 1 Residences by Wasl Tower 2, and where 504 sits
All 121 1-beds →504 last sold in October 2024 at AED 1,688 per sqft, 10% below what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,867). Over the last 12 months one-beds sold for AED 1,640,000 to 2,100,000, around AED 1,924 per sqft, and rent for AED 80,000 to 132,000 a year. 504's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 888 sqft | 1,825,000 | 2,054 | ||
| 24 Sep 202624 September 2026 | 898 sqft | 1,800,000 | 2,004 | ||
| 18 Jun 202618 June 2026 | 924 sqft | 1,750,000 | 1,894 | ||
| 19 May 202619 May 2026 | 934 sqft | 2,100,000 | 2,249 |
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 | |
| 503 | 2-bed | 1,401 sqft | AED 2.62MAED 2,620,000 · Dec 2025December 2025 | 135,000 /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 |
504, 1 Residences by Wasl Tower 2 in numbers
- Sold twice: first on 1 March 2023 for AED 1,321,968, last on 17 October 2024 for AED 1,500,000 (AED 1,688 per sqft).
- Rented since May 2023 on 2 Ejari contracts, from AED 95,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 8.0%.
- One-beds in 1 Residences by Wasl Tower 2 sold for AED 1,640,000–2,100,000 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 11 January 2026.
Questions about 504, 1 Residences by Wasl Tower 2
What did unit 504 last sell for?
AED 1,500,000 on 17 October 2024: AED 1,688 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 1,321,968 in March 2023.
What is the rent for unit 504?
AED 120,000 a year on the contract signed on 11 January 2026. The previous contract, from May 2023, was AED 95,000.
How big is unit 504?
888 sqft (82.5 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2022.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 1 Residences by Wasl Tower 2 sold for AED 1,640,000 to 2,100,000 in the last 12 months, around AED 1,924 per sqft.
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Mortgage on 504, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 1.5M, 17 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →