704, 1 Residences by Wasl Tower 2
Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, 1 Residences by Wasl Tower 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 4 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 7th of 42
- Parking
- B3-131
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1.36M · February 2023
- Building
- 1 Residences by Wasl Tower 2
About 704, 1 Residences by Wasl Tower 2
704 is a one-bedroom apartment of 898 sqft on the 7th 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 22 February 2023 for AED 1,358,270, or AED 1,512 per sqft, 8% below the AED 1,639 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 4 February 2026. The current contract, signed on 4 February 2026, is AED 100,000 a year: a gross yield of 7.4% on the 2023 price.
Sales and rents for 704 over time
704 has sold once; 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 704 sits
All 121 1-beds →704 last sold in February 2023 at AED 1,512 per sqft, 8% below what one-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 1,639). 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. 704's AED 100,000 is in the lower 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 7th floor
All 364 units in 1 Residences by Wasl Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,439 sqft | AED 2.4MAED 2,402,320 · Apr 2023April 2023 | ||
| 702 | 2-bed | 637 sqft | AED 2.09MAED 2,088,452 · Mar 2023March 2023 | ||
| 703 | 2-bed | 1,502 sqft | AED 3.03MAED 3,030,000 · Feb 2026February 2026 | 170,000 /yr | |
| 705 | 1-bed | 934 sqft | AED 1.7MAED 1,700,000 · Oct 2024October 2024 | 123,000 /yr | |
| 706 | 2-bed | 1,401 sqft | AED 2.21MAED 2,205,945 · Mar 2023March 2023 | 90,000 /yr | |
| 707 | 2-bed | 1,273 sqft | AED 2.02MAED 2,021,428 · Feb 2023February 2023 | 150,000 /yr | |
| 708 | 2-bed | 1,540 sqft | AED 2.48MAED 2,481,556 · Feb 2023February 2023 | ||
| 709 | 1-bed | 934 sqft | AED 1.43MAED 1,434,755 · Jan 2023January 2023 | 128,864 /yr | |
| 710 | 1-bed | 898 sqft | AED 1.37MAED 1,371,400 · Apr 2023April 2023 |
704, 1 Residences by Wasl Tower 2 in numbers
- Sold once: by Wasl on 22 February 2023 for AED 1,358,270, or AED 1,512 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 7.4%.
- 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 4 February 2026.
Questions about 704, 1 Residences by Wasl Tower 2
What did unit 704 last sell for?
AED 1,358,270 on 22 February 2023, sold by the developer: AED 1,512 per sqft for 898 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 100,000 a year on the contract signed on 4 February 2026.
How big is unit 704?
898 sqft (83.4 sqm): a one-bedroom apartment on the 7th floor of a 42-storey tower completed in 2022.
What is unit 704 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 704, 1 Residences by Wasl Tower 2
Starts from the last sale price (AED 1.36M, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,358,270
- Deposit, UAE resident (20%)
- AED 271,654
- Deposit, non-resident (40%)
- AED 543,308
- Monthly over 25 years at 3.7%
- AED 5,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →