308, Warda 1
Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Warda 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 31 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 751 sqft
- Floor
- 3rd of 19
- Parking
- P-440
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 11,700 /yr
- Last sold
- AED 608K · March 2016
- Building
- Warda 1
About 308, Warda 1
308 is a one-bedroom apartment of 751 sqft on the 3rd floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 14 March 2016 for AED 607,888, or AED 809 per sqft, in line with the AED 809 one-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 31 January 2026, is AED 50,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 11,700 a year.
Sales and rents for 308 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Warda 1, and where 308 sits
All 7 1-beds →308 last sold in March 2016 at AED 809 per sqft, in line with what one-beds in Warda 1 were fetching at the time (AED 809). Over the last 12 months one-beds sold for AED 920,000, around AED 1,227 per sqft, and rent for AED 50,000 to 71,523 a year. 308's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 749 sqft | 920,000 | 1,227 | ||
| 23 Dec 202423 December 2024 | 749 sqft | 750,000 | 1,001 | ||
| 25 Mar 202425 March 2024 | 1,309 sqft | 1,006,359 | 768 | ||
| 23 Aug 202323 August 2023 | 1,309 sqft | 957,288 | 731 |
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 3rd floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 2,037 sqft | AED 1.75MAED 1,750,000 · Jun 2024June 2024 | 126,000 /yr | |
| 302 | 2-bed | 940 sqft | AED 710KAED 710,000 · Nov 2020November 2020 | ||
| 303 | 2-bed | 940 sqft | AED 1.15MAED 1,150,888 · Dec 2020December 2020 | 78,750 /yr | |
| 304 | 3-bed | 1,863 sqft | AED 1.77MAED 1,774,888 · Dec 2016December 2016 | ||
| 305 | 2-bed | 1,275 sqft | AED 926KAED 925,888 · Dec 2020December 2020 | 72,000 /yr | |
| 306 | 1-bed | 749 sqft | AED 920KAED 920,000 · Dec 2025December 2025 | 65,000 /yr | |
| 307 | 1-bed | 749 sqft | AED 750KAED 750,000 · Dec 2024December 2024 | 33,000 /yr | |
| 309 | 2-bed | 1,276 sqft | AED 916KAED 915,888 · Dec 2020December 2020 | 45,000 /yr |
308, Warda 1 in numbers
- Sold once: by Nshmi Development on 14 March 2016 for AED 607,888, or AED 809 per sqft.
- Rented since January 2020 on 7 Ejari contracts, from AED 40,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 11,700 a year (AED 15.52 per sqft).
- One-beds in Warda 1 sold for AED 920,000–920,000 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 31 January 2026.
Questions about 308, Warda 1
What did unit 308 last sell for?
AED 607,888 on 14 March 2016, sold by the developer: AED 809 per sqft for 751 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 50,000 a year on the contract renewed on 31 January 2026. The previous contract, from January 2025, was AED 45,100; the unit has been rented since January 2020.
How big is unit 308?
751 sqft (69.8 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2019.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Warda 1 sold for AED 920,000 to 920,000 in the last 12 months, around AED 1,227 per sqft.
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Mortgage on 308, Warda 1
Starts from the last sale price (AED 608K, 14 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 607,888
- Deposit, UAE resident (20%)
- AED 121,578
- Deposit, non-resident (40%)
- AED 243,155
- Monthly over 25 years at 3.7%
- AED 2,487
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →