2-bed · 1,273 sqft1 Residences by Wasl Tower 2, Al Kifaf · 8th floor · completed 2022

807, 1 Residences by Wasl Tower 2

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 2.55M11 June 2024
Current rentAED 160K /yr25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, 1 Residences by Wasl Tower 2

What is 807 worth today?

Last sold for AED 2,550,000 in 2024

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11 Jun 2024SoldReady
AED 2,550,000AED 2,002 per sqft
11 Oct 2023SoldReady
AED 1,174,171AED 1,844 per sqft
25 Apr 2023RentedNew contract
AED 160,000/yr12 months · AED 126 per sqft
31 Mar 2023Sold by developerReady
AED 2,037,471AED 1,600 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
8th of 42
Parking
B3-99
Developer
Wasl
Completed
2022
Last sold
AED 2.55M · June 2024

About 807, 1 Residences by Wasl Tower 2

807 is a two-bedroom apartment of 1,273 sqft on the 8th floor of 1 Residences by Wasl Tower 2, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. It last sold on 11 June 2024 for AED 2,550,000, or AED 2,002 per sqft, in line with the AED 2,026 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 April 2023. The current contract, signed on 25 April 2023, is AED 160,000 a year: a gross yield of 6.3% on the 2024 price.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical two-bed in 1 Residences by Wasl Tower 2
1M2M3M20232024202520262027Typical 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, March 2023: AED 2,037,471 (AED 1,600 per sqft)Sold, October 2023: AED 1,174,171 (AED 1,844 per sqft)Sold, June 2024: AED 2,550,000 (AED 2,002 per sqft)

807 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 807, each contractTypical two-bed in 1 Residences by Wasl Tower 2
150K160K20232024202520262027Typical rent by year: 2023 AED 145,000; 2024 AED 150,000; 2025 AED 155,000; 2026 AED 150,000New contract, April 2023: AED 160,000 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 807 sits

All 196 2-beds →

807 last sold in June 2024 at AED 2,002 per sqft, in line with what two-beds in 1 Residences by Wasl Tower 2 were fetching at the time (AED 2,026). 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. 807's AED 160,000 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
8012-bedAED 2.3M · Aug 2023
8022-bedAED 2.11M · Feb 2023
8032-bedAED 2.41M · Jan 2023
8041-bedAED 1.35M · Jan 2023
8051-bedAED 1.41M · Jan 2023
8062-bedAED 2.11M · Jan 2023
8082-bedAED 2.51M · Jan 2023
1–7 of 9

807, 1 Residences by Wasl Tower 2 in numbers

  • Sold 3 times: first on 31 March 2023 for AED 2,037,471, last on 11 June 2024 for AED 2,550,000 (AED 2,002 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 6.3%.
  • 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 11 June 2024.

Questions about 807, 1 Residences by Wasl Tower 2

What did unit 807 last sell for?

AED 2,550,000 on 11 June 2024: AED 2,002 per sqft for 1,273 sqft. The unit has 3 registered sales; the first was AED 2,037,471 in March 2023.

What is the rent for unit 807?

AED 160,000 a year on the contract signed on 25 April 2023.

How big is unit 807?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 8th floor of a 42-storey tower completed in 2022.

What is unit 807 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 807, 1 Residences by Wasl Tower 2

Starts from the last sale price (AED 2.55M, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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