1501, Warda 1
Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Warda 1
What is 1501 worth today?
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Source: Dubai Land Department. Updated 25 September 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,866 sqft
- Floor
- 15th of 19
- Parking
- P-312, P-313
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 29,000 /yr
- Last sold
- AED 1.85M · September 2023
- Building
- Warda 1
About 1501, Warda 1
1501 is a three-bedroom apartment of 1,866 sqft on the 15th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 25 September 2023 for AED 1,850,000, or AED 991 per sqft, 5% above the AED 940 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 71,429 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 29,000 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Warda 1, and where 1501 sits
All 38 3-beds →1501 last sold in September 2023 at AED 991 per sqft, 5% above what three-beds in Warda 1 were fetching at the time (AED 940). Over the last 12 months three-beds sold for AED 2,400,000 to 3,000,000, around AED 1,483 per sqft, and rent for AED 88,339 to 140,000 a year. 1501's AED 71,429 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 1,770 sqft | 2,625,000 | 1,483 | ||
| 22 Jul 202622 July 2026 | 1,865 sqft | 3,000,000 | 1,608 | ||
| 29 Jan 202629 January 2026 | 1,865 sqft | 2,400,000 | 1,286 | ||
| 15 Sep 202515 September 2025 | 1,771 sqft | 1,900,000 | 1,072 |
Warda 1
Building153 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%
Other units on the 15th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 941 sqft | AED 1.23MAED 1,233,888 · Mar 2016March 2016 | 56,000 /yr | |
| 1503 | 2-bed | 940 sqft | AED 1.25MAED 1,247,888 · Mar 2016March 2016 | 75,000 /yr | |
| 1504 | 3-bed | 1,860 sqft | AED 1.8MAED 1,800,000 · May 2023May 2023 | 77,000 /yr | |
| 1505 | 2-bed | 1,183 sqft | AED 1.55MAED 1,550,000 · Jul 2026July 2026 | 65,000 /yr | |
| 1506 | 2-bed | 941 sqft | AED 780KAED 780,000 · Aug 2022August 2022 | 93,000 /yr | |
| 1507 | 2-bed | 940 sqft | AED 880KAED 880,000 · Oct 2023October 2023 | 45,000 /yr | |
| 1508 | 2-bed | 1,186 sqft | AED 957KAED 956,888 · Feb 2020February 2020 | 94,500 /yr |
1501, Warda 1 in numbers
- Sold twice: first on 17 May 2016 for AED 2,147,888, last on 25 September 2023 for AED 1,850,000 (AED 991 per sqft).
- Rented since November 2020 on 3 Ejari contracts, from AED 65,000 to AED 71,429 a year.
- At AED 71,429 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 29,000 a year (AED 15.52 per sqft).
- Three-beds in Warda 1 sold for AED 2,400,000–3,000,000 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 25 September 2023.
Questions about 1501, Warda 1
What did unit 1501 last sell for?
AED 1,850,000 on 25 September 2023: AED 991 per sqft for 1,866 sqft. The unit has 2 registered sales; the first was AED 2,147,888 in May 2016.
What is the rent for unit 1501?
AED 71,429 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 65,000; the unit has been rented since November 2020.
How big is unit 1501?
1,866 sqft (173.4 sqm): a three-bedroom apartment on the 15th floor of a 19-storey tower completed in 2019.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Warda 1 sold for AED 2,400,000 to 3,000,000 in the last 12 months, around AED 1,483 per sqft.
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Mortgage on 1501, Warda 1
Starts from the last sale price (AED 1.85M, 25 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →