2-bed · 1,276 sqftWarda 1, Town Square · 3rd floor · completed 2019

309, Warda 1

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 2 June 2026
Last soldAED 916K16 December 2020
Current rentAED 45K /yr2 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Warda 1

What is 309 worth today?

Last sold for AED 915,888 in 2020

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2 Jun 2026RentedRenewal
AED 45,000/yr12 months · AED 35 per sqft
2 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 35 per sqft
2 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 35 per sqft
2 Jun 2024RentedRenewal
AED 45,000/yr12 months · AED 35 per sqft
2 Jun 2023RentedNew contract
AED 45,000/yr12 months · AED 35 per sqft
20 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
16 Dec 2020Sold by developerReady
AED 915,888AED 717 per sqft

Source: Dubai Land Department. Updated 2 June 2026.

Key facts

Type
2-bed apartment
Size
1,276 sqft
Floor
3rd of 19
Parking
P-300
Developer
Nshmi Development
Completed
2019
Service charge
AED 19,800 /yr
Last sold
AED 916K · December 2020
Building
Warda 1

About 309, Warda 1

309 is a two-bedroom apartment of 1,276 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 16 December 2020 for AED 915,888, or AED 717 per sqft, 10% below the AED 799 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 2 June 2026, is AED 45,000 a year: a gross yield of 4.9% on the 2020 price, before the service charge of about AED 19,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, December 2020: AED 915,888 (AED 717 per sqft)

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

Rents
Unit 309, 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, February 2021: AED 50,000 a yearNew contract, June 2023: AED 45,000 a yearRenewal, June 2024: AED 45,000 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 309 sits

All 108 2-beds →

309 last sold in December 2020 at AED 717 per sqft, 10% below what two-beds in Warda 1 were fetching at the time (AED 799). 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. 309'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 3rd floor

All 153 units in Warda 1
Value
3013-bedAED 1.75M · Jun 2024
3022-bedAED 710K · Nov 2020
3032-bedAED 1.15M · Dec 2020
3043-bedAED 1.77M · Dec 2016
3052-bedAED 926K · Dec 2020
3061-bedAED 920K · Dec 2025
3071-bedAED 750K · Dec 2024
1–7 of 8

309, Warda 1 in numbers

  • Sold once: by Nshmi Development on 16 December 2020 for AED 915,888, or AED 717 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2020 price is 4.9%, before a service charge of about AED 19,800 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 2 June 2026.

Questions about 309, Warda 1

What did unit 309 last sell for?

AED 915,888 on 16 December 2020, sold by the developer: AED 717 per sqft for 1,276 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 45,000 a year on the contract renewed on 2 June 2026. The previous contract, from June 2025, was AED 45,000; the unit has been rented since February 2021.

How big is unit 309?

1,276 sqft (118.5 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2019.

What is unit 309 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 309, Warda 1

Starts from the last sale price (AED 916K, 16 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 915,888
Deposit, UAE resident (20%)
AED 183,178
Deposit, non-resident (40%)
AED 366,355
Monthly over 25 years at 3.7%
AED 3,747

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