2-bed · 940 sqftWarda 1, Town Square · 12th floor · completed 2019

1203, Warda 1

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.38M4 December 2025
Current rentAED 90K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Warda 1

What is 1203 worth today?

Last sold for AED 1,380,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 90,000/yr9 months · AED 96 per sqft
1 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
1 Jan 2026RentedNew contract
AED 140,000/yr12 months · AED 149 per sqft
4 Dec 2025SoldReady
AED 1,380,000AED 1,468 per sqft
1 Mar 2025RentedRenewal
AED 63,888/yr5 months · AED 68 per sqft
1 Sep 2024RentedRenewal
AED 58,080/yr6 months · AED 62 per sqft
1 Sep 2023RentedRenewal
AED 52,800/yr12 months · AED 56 per sqft
1 Sep 2022RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
12th of 19
Parking
P-216
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 1.38M · December 2025
Building
Warda 1

About 1203, Warda 1

1203 is a two-bedroom apartment of 940 sqft on the 12th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 4 December 2025 for AED 1,380,000, or AED 1,468 per sqft, 5% above the AED 1,398 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 90,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, July 2020: AED 999,888 (AED 1,063 per sqft)Sold, December 2025: AED 1,380,000 (AED 1,468 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Warda 1
50K100K150K2020202220242026Typical 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, September 2020: AED 48,000 a yearRenewal, September 2021: AED 48,000 a yearRenewal, September 2022: AED 48,000 a yearRenewal, September 2023: AED 52,800 a yearRenewal, September 2024: AED 58,080 a yearRenewal, March 2025: AED 63,888 a yearNew contract, January 2026: AED 140,000 a yearRenewal, March 2026: AED 90,000 a yearRenewal, March 2026: AED 80,000 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 1203 sits

All 108 2-beds →

1203 last sold in December 2025 at AED 1,468 per sqft, 5% above what two-beds in Warda 1 were fetching at the time (AED 1,398). 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. 1203'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 12th floor

All 153 units in Warda 1
Value
12013-bedAED 2.3M · May 2025
12022-bedAED 991K · Dec 2023
12043-bedAED 1.55M · Apr 2021
12052-bedAED 1.3M · Oct 2025
12062-bedAED 855K · Nov 2020
12072-bedAED 950K · Sep 2023
12082-bedAED 1.25M · Jul 2024

1203, Warda 1 in numbers

  • Sold twice: first on 19 July 2020 for AED 999,888, last on 4 December 2025 for AED 1,380,000 (AED 1,468 per sqft).
  • Rented since September 2020 on 9 Ejari contracts, from AED 48,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 6.5%, 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 1 March 2026.

Questions about 1203, Warda 1

What did unit 1203 last sell for?

AED 1,380,000 on 4 December 2025: AED 1,468 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 999,888 in July 2020.

What is the rent for unit 1203?

AED 90,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2026, was AED 80,000; the unit has been rented since September 2020.

How big is unit 1203?

940 sqft (87.3 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2019.

What is unit 1203 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.

Selling 1203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1203, Warda 1

Starts from the last sale price (AED 1.38M, 4 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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