2-bed · 1,187 sqftWarda 1, Town Square · 16th floor · completed 2019

1608, Warda 1

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

Unit 1608 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 959K25 August 2019
Current rentAED 110K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Warda 1

What is 1608 worth today?

Last sold for AED 958,888 in 2019

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1 Jul 2026RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
27 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
27 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
27 Dec 2023RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
27 Dec 2022RentedNew contract
AED 72,133/yr12 months · AED 61 per sqft
13 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
25 Aug 2019Sold by developerOff-plan
AED 958,888AED 808 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
16th of 19
Parking
P-232
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 959K · August 2019
Building
Warda 1

About 1608, Warda 1

1608 is a two-bedroom apartment of 1,187 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 August 2019 for AED 958,888, or AED 808 per sqft.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 July 2026, is AED 110,000 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, August 2019: AED 958,888 (AED 808 per sqft)

1608 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, 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, October 2020: AED 50,000 a yearNew contract, December 2022: AED 72,133 a yearRenewal, December 2023: AED 75,000 a yearRenewal, December 2024: AED 75,000 a yearRenewal, December 2024: AED 75,000 a yearNew contract, July 2026: AED 110,000 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 1608 sits

All 108 2-beds →

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. 1608's AED 110,000 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
16052-bedAED 959K · Sep 2019
16062-bedAED 1.32M · Jun 2025
16072-bedAED 861K · Dec 2020

1608, Warda 1 in numbers

  • Sold once: by Nshmi Development on 25 August 2019 for AED 958,888, or AED 808 per sqft.
  • Rented since October 2020 on 6 Ejari contracts, from AED 50,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 11.5%, 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 1 July 2026.

Questions about 1608, Warda 1

What did unit 1608 last sell for?

AED 958,888 on 25 August 2019, sold by the developer: AED 808 per sqft for 1,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 110,000 a year on the contract signed on 1 July 2026. The previous contract, from December 2024, was AED 75,000; the unit has been rented since October 2020.

How big is unit 1608?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2019.

What is unit 1608 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 1608, Warda 1

Starts from the last sale price (AED 959K, 25 August 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 →