Market bulletin · Thu, 22 Oct 2026
1 Residences by Wasl Tower 2: 2 sales worth AED 3.63M in 30 days
1 Residences by Wasl Tower 2 recorded 2 sales worth AED 3.63M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 1 sale was registered (AED 1.82M), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Al Kifaf, 1 Residences by Wasl Tower 2 ranked #7 of 11 leading projects by 12-month sales value; it is developed by Al Wasl Properties.
Leases registered in the last three months had a median annual rent of AED 140K. The best gross yield is on 1 BR apartments at about 5.9%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 2,224 |
| Aug 25 | AED 1,782 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 2,181 |
| Mar 25 | AED 1,894 |
| Feb 25 | AED 1,641 |
| Jan 25 | AED 2,090 |
| Dec 24 | AED 2,046 |
| Nov 24 | AED 2,064 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 3 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | up 100.0% | AED 3.63M | — | — |
| Last 3 months | 3 | down 25.0% | AED 9.06M | — | — |
| Last 6 months | 7 | down 41.7% | AED 18.6M | 2,005 | up 6.3% |
| Last 12 months | 19 | down 78.4% | AED 51.6M | 1,949 | down 5.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 19 | 100% | AED 2.70M | 1,949 | down 5.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 8 | 42% | AED 1.78M | 1,924 | up 11.0% |
| 2 bedrooms | 8 | 42% | AED 2.73M | 1,864 | down 8.9% |
| 3 bedrooms | 3 | 16% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 7 | 37% | AED 1.75M | 1,899 | up 12.6% |
| AED 2M–10M | 12 | 63% | AED 2.77M | 2,042 | down 2.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 137K |
| Sept 26 | AED 135K |
| Aug 26 | AED 140K |
| Jul 26 | AED 133K |
| Jun 26 | AED 102K |
| May 26 | AED 116K |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 111K |
| Jan 26 | AED 129K |
| Dec 25 | AED 145K |
| Nov 25 | AED 145K |
| Oct 25 | AED 108K |
| Sept 25 | AED 124K |
| Aug 25 | AED 140K |
| Jul 25 | AED 150K |
| Jun 25 | AED 113K |
| May 25 | AED 134K |
| Apr 25 | AED 150K |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 140K |
| Nov 24 | — |
- Leases (12M)
- 187
- New leases
- 58.3%
- Median rent 3M
- AED 140K
- Rent/sqft 3M
- AED 110
| 1 BR apartments | AED 105K / AED 1.78M | 5.9% |
|---|---|---|
| 2 BR apartments | AED 150K / AED 2.73M | 5.5% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 70 | AED 105K | AED 110K | 115 |
| 2 BR | 82 | AED 150K | AED 148K | 110 |
Competing projects in Al Kifaf
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Avenue Park 1Al Wasl Properties | 77 | 2,250 | — |
| Avenue Park 2Al Wasl Properties | 51 | 2,269 | — |
| Park Views Residences BAl Wasl Properties | 29 | 1,986 | — |
| 1 Residences by Wasl Tower 1Al Wasl Properties | 26 | 2,028 | — |
| Park Views Residences at Wasl 1Al Wasl Properties | 25 | 2,086 | — |
| Avenue Park Towers II | 21 | 2,298 | — |
| Park Gate Residences 4Al Wasl Properties | 11 | 1,800 | — |
| Avenue Park Towers 2 - Tower AWasl Properties | 8 | 2,267 | — |
| Park Gate Residences 3Al Wasl Properties | 7 | 1,934 | — |
| Park Gate Residences 2Al Wasl Properties | 7 | 1,823 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 5.43M | 3 BR Apartment · 1,951 sqft1 Residences by Wasl Tower 2 · Al Kifaf | 21 Sept |
| AED 1.82M | 1 BR Apartment · 888 sqft1 Residences by Wasl Tower 2 · Al Kifaf | 20 Oct |
| AED 1.80M | 1 BR Apartment · 898 sqft1 Residences by Wasl Tower 2 · Al Kifaf | 24 Sept |
Questions about 1 Residences by Wasl Tower 2
How many properties were sold in 1 Residences by Wasl Tower 2 in the last year?
19 sales worth AED 51.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in 1 Residences by Wasl Tower 2?
The median annual rent on leases registered in the last three months was AED 140K, and the best gross rental yield is about 5.9%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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