2-bed · 940 sqftWarda 1, Town Square · 15th floor · completed 2019

1507, Warda 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 21 June 2026
Last soldAED 880K23 October 2023
Current rentAED 45K /yr21 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Warda 1

What is 1507 worth today?

Last sold for AED 880,000 in 2023

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21 Jun 2026RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
21 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
21 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
21 Jun 2024RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
23 Oct 2023SoldReady
AED 880,000AED 936 per sqft
8 Sep 2020SoldReady
AED 700,000AED 744 per sqft
11 Jul 2016Sold by developerOff-plan
AED 983,888AED 1,046 per sqft

Source: Dubai Land Department. Updated 21 June 2026.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
15th of 19
Parking
P-237
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 880K · October 2023
Building
Warda 1

About 1507, Warda 1

1507 is a two-bedroom apartment of 940 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 23 October 2023 for AED 880,000, or AED 936 per sqft, 12% above the AED 839 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 21 June 2026, is AED 45,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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 2016: AED 983,888 (AED 1,046 per sqft)Sold, September 2020: AED 700,000 (AED 744 per sqft)Sold, October 2023: AED 880,000 (AED 936 per sqft)

1507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, 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, June 2024: AED 48,000 a yearRenewal, June 2025: AED 45,000 a yearRenewal, June 2025: AED 45,000 a yearRenewal, June 2026: AED 45,000 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 1507 sits

All 108 2-beds →

1507 last sold in October 2023 at AED 936 per sqft, 12% above what two-beds in Warda 1 were fetching at the time (AED 839). 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. 1507's AED 45,000 is at the bottom 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 15th floor

All 153 units in Warda 1
Value
15013-bedAED 1.85M · Sep 2023
15022-bedAED 1.23M · Mar 2016
15032-bedAED 1.25M · Mar 2016
15043-bedAED 1.8M · May 2023
15052-bedAED 1.55M · Jul 2026
15062-bedAED 780K · Aug 2022
15082-bedAED 957K · Feb 2020

1507, Warda 1 in numbers

  • Sold 3 times: first on 11 July 2016 for AED 983,888, last on 23 October 2023 for AED 880,000 (AED 936 per sqft).
  • Rented since June 2024 on 4 Ejari contracts, from AED 48,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 5.1%, 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 21 June 2026.

Questions about 1507, Warda 1

What did unit 1507 last sell for?

AED 880,000 on 23 October 2023: AED 936 per sqft for 940 sqft. The unit has 3 registered sales; the first was AED 983,888 in July 2016.

What is the rent for unit 1507?

AED 45,000 a year on the contract renewed on 21 June 2026. The previous contract, from June 2025, was AED 45,000; the unit has been rented since June 2024.

How big is unit 1507?

940 sqft (87.3 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2019.

What is unit 1507 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 1507, Warda 1

Starts from the last sale price (AED 880K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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