2-bed · 1,184 sqftWarda 1, Town Square · 16th floor · completed 2019

1605, Warda 1

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 959K25 September 2019
Current rentAED 105K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Warda 1

What is 1605 worth today?

Last sold for AED 958,888 in 2019

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25 Nov 2025RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft
25 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
1 May 2024RentedRenewal
AED 67,000/yr12 months · AED 57 per sqft
1 May 2023RentedRenewal
AED 63,000/yr12 months · AED 53 per sqft
1 May 2022RentedRenewal
AED 63,000/yr12 months · AED 53 per sqft
1 May 2021RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 Apr 2020RentedNew contract
AED 46,154/yr13 months · AED 39 per sqft
25 Sep 2019Sold by developerOff-plan
AED 958,888AED 809 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
16th of 19
Parking
P-256
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 959K · September 2019
Building
Warda 1

About 1605, Warda 1

1605 is a two-bedroom apartment of 1,184 sqft on the 16th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 25 September 2019 for AED 958,888, or AED 809 per sqft, in line with the AED 808 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 105,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, September 2019: AED 958,888 (AED 809 per sqft)

1605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Warda 1
50K100K2020202220242026Typical 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, April 2020: AED 46,154 a yearRenewal, May 2021: AED 50,000 a yearRenewal, May 2022: AED 63,000 a yearRenewal, May 2023: AED 63,000 a yearRenewal, May 2024: AED 67,000 a yearNew contract, November 2024: AED 100,000 a yearRenewal, November 2025: AED 105,000 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 1605 sits

All 108 2-beds →

1605 last sold in September 2019 at AED 809 per sqft, in line with what two-beds in Warda 1 were fetching at the time (AED 808). 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. 1605's AED 105,000 is in the upper 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 16th floor

All 153 units in Warda 1
Value
16013-bedAED 1.85M · Nov 2023
16022-bedAED 1.2M · Apr 2020
16032-bedAED 1.23M · Nov 2024
16043-bedAED 2.63M · Aug 2026
16062-bedAED 1.32M · Jun 2025
16072-bedAED 861K · Dec 2020
16082-bedAED 959K · Aug 2019

1605, Warda 1 in numbers

  • Sold once: by Nshmi Development on 25 September 2019 for AED 958,888, or AED 809 per sqft.
  • Rented since April 2020 on 7 Ejari contracts, from AED 46,154 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 18,400 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 25 November 2025.

Questions about 1605, Warda 1

What did unit 1605 last sell for?

AED 958,888 on 25 September 2019, sold by the developer: AED 809 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 105,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since April 2020.

How big is unit 1605?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2019.

What is unit 1605 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 1605, Warda 1

Starts from the last sale price (AED 959K, 25 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 958,888
Deposit, UAE resident (20%)
AED 191,778
Deposit, non-resident (40%)
AED 383,555
Monthly over 25 years at 3.7%
AED 3,923

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