2-bed · 941 sqftWarda 1, Town Square · 11th floor · completed 2019

1106, Warda 1

Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 1.15M28 August 2024
Current rentAED 53K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Warda 1

What is 1106 worth today?

Last sold for AED 1,150,000 in 2024

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28 Aug 2024SoldReady
AED 1,150,000AED 1,222 per sqft
1 Aug 2023RentedRenewal
AED 53,130/yr12 months · AED 57 per sqft
1 Aug 2022RentedRenewal
AED 50,600/yr12 months · AED 54 per sqft
1 Aug 2021RentedNew contract
AED 46,000/yr12 months · AED 49 per sqft
21 Feb 2021SoldReady
AED 620,000AED 658 per sqft
7 Dec 2017Sold by developerOff-plan
AED 927,888AED 986 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
941 sqft
Floor
11th of 19
Parking
P-224
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 1.15M · August 2024
Building
Warda 1

About 1106, Warda 1

1106 is a two-bedroom apartment of 941 sqft on the 11th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 28 August 2024 for AED 1,150,000, or AED 1,222 per sqft, 20% above the AED 1,021 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 53,130 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Warda 1
500K1M1.5M2016201920222025Typical 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 2017: AED 927,888 (AED 986 per sqft)Sold, February 2021: AED 620,000 (AED 658 per sqft)Sold, August 2024: AED 1,150,000 (AED 1,222 per sqft)

1106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Warda 1
40K60K80K2020202220242026Typical 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, August 2021: AED 46,000 a yearRenewal, August 2022: AED 50,600 a yearRenewal, August 2023: AED 53,130 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 1106 sits

All 108 2-beds →

1106 last sold in August 2024 at AED 1,222 per sqft, 20% above what two-beds in Warda 1 were fetching at the time (AED 1,021). 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. 1106's AED 53,130 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 11th floor

All 153 units in Warda 1
Value
11013-bedAED 2.4M · Jan 2026
11022-bedAED 1.1M · Aug 2020
11032-bedAED 1.15M · Jul 2024
11043-bedAED 1.56M · Dec 2020
11052-bedAED 1.35M · Oct 2024
11072-bedAED 927K · Sep 2016
11082-bedAED 990K · Oct 2019

1106, Warda 1 in numbers

  • Sold 3 times: first on 7 December 2017 for AED 927,888, last on 28 August 2024 for AED 1,150,000 (AED 1,222 per sqft).
  • Rented since August 2021 on 3 Ejari contracts, from AED 46,000 to AED 53,130 a year.
  • At AED 53,130 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 14,600 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 28 August 2024.

Questions about 1106, Warda 1

What did unit 1106 last sell for?

AED 1,150,000 on 28 August 2024: AED 1,222 per sqft for 941 sqft. The unit has 3 registered sales; the first was AED 927,888 in December 2017.

What is the rent for unit 1106?

AED 53,130 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 50,600; the unit has been rented since August 2021.

How big is unit 1106?

941 sqft (87.4 sqm): a two-bedroom apartment on the 11th floor of a 19-storey tower completed in 2019.

What is unit 1106 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 1106, Warda 1

Starts from the last sale price (AED 1.15M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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