2-bed · 591 sqftWarda 1, Town Square · 10th floor · completed 2019

1008, Warda 1

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 29 May 2026
Last soldAED 921K7 December 2020
Current rentAED 90K /yr29 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Warda 1

What is 1008 worth today?

Last sold for AED 920,888 in 2020

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29 May 2026RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
15 Jan 2025RentedRenewal
AED 66,667/yr9 months · AED 56 per sqft
15 Jan 2025RentedRenewal
AED 66,667/yr9 months · AED 56 per sqft
15 Jan 2024RentedRenewal
AED 62,500/yr12 months · AED 53 per sqft
15 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
15 Jan 2022RentedRenewal
AED 43,000/yr12 months · AED 36 per sqft
15 Jan 2022RentedNew contract
AED 43,000/yr12 months · AED 36 per sqft
15 Jan 2021RentedNew contract
AED 43,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 29 May 2026.

Key facts

Type
2-bed apartment
Size
591 sqft
Floor
10th of 19
Parking
P-204
Developer
Nshmi Development
Completed
2019
Service charge
AED 9,200 /yr
Last sold
AED 921K · December 2020
Building
Warda 1

About 1008, Warda 1

1008 is a two-bedroom apartment of 591 sqft on the 10th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 7 December 2020 for AED 920,888, or AED 778 per sqft, 3% below the AED 803 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 29 May 2026, is AED 90,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 9,200 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Warda 1
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,065,888; 2017 AED 1,020,388; 2018 AED 932,388; 2019 AED 974,388; 2020 AED 925,888; 2021 AED 900,888; 2022 AED 850,000; 2023 AED 912,500; 2024 AED 1,162,500; 2025 AED 1,390,000; 2026 AED 1,500,000Sold by developer, December 2020: AED 920,888 (AED 778 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Warda 1
50K75K2020202220242026Typical rent by year: 2020 AED 47,500; 2021 AED 48,000; 2022 AED 52,900; 2023 AED 57,750; 2024 AED 68,000; 2025 AED 78,000; 2026 AED 85,000New contract, January 2021: AED 43,000 a yearRenewal, January 2022: AED 43,000 a yearNew contract, January 2022: AED 43,000 a yearNew contract, January 2023: AED 55,000 a yearRenewal, January 2024: AED 62,500 a yearRenewal, January 2025: AED 66,667 a yearRenewal, January 2025: AED 66,667 a yearNew contract, May 2026: AED 90,000 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 Warda 1, and where 1008 sits

All 108 2-beds →

1008 last sold in December 2020 at AED 778 per sqft, 3% below what two-beds in Warda 1 were fetching at the time (AED 803). Over the last 12 months two-beds sold for AED 1,240,000 to 1,625,888, around AED 1,384 per sqft, and rent for AED 45,000 to 145,608 a year. 1008's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,500,888
3 Nov 20261,520,000
15 Sep 20261,485,000
30 Jul 20261,550,000
11 2-bed sales in the last 12 months

Warda 1

Building

153 apartments, 1-bed to 3-bed over 19 floors in Town Square, completed in 2019 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,384 Up 8.1%
Typical sale
AED 1.5M
Typical rent
AED 85K /yr
Typical yield
5.8%
Warda 1, Town Square: prices, sales and rents →

Other units on the 10th floor

All 153 units in Warda 1
Value
10013-bedAED 2.05M · May 2017
10022-bedAED 1M · Aug 2020
10032-bedAED 1.17M · Apr 2016
10043-bedAED 1.64M · Mar 2021
10052-bedAED 921K · Dec 2020
10062-bedAED 916K · Aug 2016
10072-bedAED 915K · Oct 2016

1008, Warda 1 in numbers

  • Sold once: by Nshmi Development on 7 December 2020 for AED 920,888, or AED 778 per sqft.
  • Rented since January 2021 on 8 Ejari contracts, from AED 43,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 9,200 a year (AED 15.52 per sqft).
  • Two-beds in Warda 1 sold for AED 1,240,000–1,625,888 in the 12 months to November 2026; the building's median across all types is AED 1,384 per sqft.

Source: Dubai Land Department. Updated 29 May 2026.

Questions about 1008, Warda 1

What did unit 1008 last sell for?

AED 920,888 on 7 December 2020, sold by the developer: AED 778 per sqft for 591 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 90,000 a year on the contract signed on 29 May 2026. The previous contract, from January 2025, was AED 66,667; the unit has been rented since January 2021.

How big is unit 1008?

591 sqft (54.9 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower completed in 2019.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Warda 1 sold for AED 1,240,000 to 1,625,888 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1008, Warda 1

Starts from the last sale price (AED 921K, 7 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 920,888
Deposit, UAE resident (20%)
AED 184,178
Deposit, non-resident (40%)
AED 368,355
Monthly over 25 years at 3.7%
AED 3,768

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