1601, Warda 1
Sold prices and rental history: sold twice, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Warda 1
What is 1601 worth today?
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Source: Dubai Land Department. Updated 30 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,775 sqft
- Floor
- 16th of 19
- Parking
- P-308, P-309
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 27,600 /yr
- Last sold
- AED 1.85M · November 2023
- Building
- Warda 1
About 1601, Warda 1
1601 is a three-bedroom apartment of 1,775 sqft on the 16th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 30 November 2023 for AED 1,850,000, or AED 1,042 per sqft, 9% above the AED 953 three-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 90,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 27,600 a year.
Sales and rents for 1601 over time
1601 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 1601 sits
All 38 3-beds →1601 last sold in November 2023 at AED 1,042 per sqft, 9% above what three-beds in Warda 1 were fetching at the time (AED 953). 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. 1601's AED 90,000 is in the lower half 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 16th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 941 sqft | AED 1.2MAED 1,199,888 · Apr 2020April 2020 | 90,000 /yr | |
| 1603 | 2-bed | 940 sqft | AED 1.23MAED 1,225,000 · Nov 2024November 2024 | 97,000 /yr | |
| 1604 | 3-bed | 1,770 sqft | AED 2.63MAED 2,625,000 · Aug 2026August 2026 | ||
| 1605 | 2-bed | 1,184 sqft | AED 959KAED 958,888 · Sep 2019September 2019 | 105,000 /yr | |
| 1606 | 2-bed | 941 sqft | AED 1.32MAED 1,315,888 · Jun 2025June 2025 | 100,000 /yr | |
| 1607 | 2-bed | 940 sqft | AED 861KAED 860,888 · Dec 2020December 2020 | 75,600 /yr | |
| 1608 | 2-bed | 1,187 sqft | AED 959KAED 958,888 · Aug 2019August 2019 | 110,000 /yr |
1601, Warda 1 in numbers
- Sold twice: first on 18 January 2021 for AED 1,599,888, last on 30 November 2023 for AED 1,850,000 (AED 1,042 per sqft).
- Rented since September 2021 on 2 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 27,600 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 30 November 2023.
Questions about 1601, Warda 1
What did unit 1601 last sell for?
AED 1,850,000 on 30 November 2023: AED 1,042 per sqft for 1,775 sqft. The unit has 2 registered sales; the first was AED 1,599,888 in January 2021.
What is the rent for unit 1601?
AED 90,000 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 90,000.
How big is unit 1601?
1,775 sqft (164.9 sqm): a three-bedroom apartment on the 16th floor of a 19-storey tower completed in 2019.
What is unit 1601 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 1601, Warda 1
Starts from the last sale price (AED 1.85M, 30 November 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 →