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

1207, Warda 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 950K18 September 2023
Current rentAED 95K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Warda 1

What is 1207 worth today?

Last sold for AED 950,000 in 2023

Unlock today's estimate, updated daily, with

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

1 May 2025RentedNew contract
AED 95,000/yr24 months · AED 101 per sqft
1 May 2025RentedNew contract
AED 95,000/yr24 months · AED 101 per sqft
30 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
30 Sep 2023RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
18 Sep 2023SoldReady
AED 950,000AED 1,010 per sqft
25 May 2023SoldReady
AED 660,000AED 702 per sqft
31 Jul 2022RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
31 Jul 2021RentedRenewal
AED 40,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
12th of 19
Parking
P-219
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 950K · September 2023
Building
Warda 1

About 1207, Warda 1

1207 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 18 September 2023 for AED 950,000, or AED 1,010 per sqft, 21% above the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 May 2025, is AED 95,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, May 2018: AED 943,888 (AED 1,004 per sqft)Sold, May 2023: AED 660,000 (AED 702 per sqft)Sold, September 2023: AED 950,000 (AED 1,010 per sqft)

1207 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, each contractTypical two-bed in Warda 1
50K75K100K2020202220242026Typical 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, July 2020: AED 40,000 a yearRenewal, July 2021: AED 40,000 a yearRenewal, July 2022: AED 42,000 a yearNew contract, September 2023: AED 90,000 a yearRenewal, September 2024: AED 90,000 a yearNew contract, May 2025: AED 95,000 a yearNew contract, May 2025: AED 95,000 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 1207 sits

All 108 2-beds →

1207 last sold in September 2023 at AED 1,010 per sqft, 21% above what two-beds in Warda 1 were fetching at the time (AED 835). 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. 1207's AED 95,000 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
12032-bedAED 1.38M · Dec 2025
12043-bedAED 1.55M · Apr 2021
12052-bedAED 1.3M · Oct 2025
12062-bedAED 855K · Nov 2020
12082-bedAED 1.25M · Jul 2024

1207, Warda 1 in numbers

  • Sold 3 times: first on 16 May 2018 for AED 943,888, last on 18 September 2023 for AED 950,000 (AED 1,010 per sqft).
  • Rented since July 2020 on 7 Ejari contracts, from AED 40,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 10.0%, 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 May 2025.

Questions about 1207, Warda 1

What did unit 1207 last sell for?

AED 950,000 on 18 September 2023: AED 1,010 per sqft for 940 sqft. The unit has 3 registered sales; the first was AED 943,888 in May 2018.

What is the rent for unit 1207?

AED 95,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 95,000; the unit has been rented since July 2020.

How big is unit 1207?

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

What is unit 1207 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 1207? 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 1207, Warda 1

Starts from the last sale price (AED 950K, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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