3-bed · 1,819 sqftWarda 1, Town Square · 4th floor · completed 2019

401, Warda 1

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 1.75M11 March 2024
Current rentAED 77K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Warda 1

What is 401 worth today?

Last sold for AED 1,750,000 in 2024

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11 Mar 2024SoldReady
AED 1,750,000AED 962 per sqft
15 Aug 2023RentedRenewal
AED 77,127/yr11 months · AED 42 per sqft
15 Aug 2022RentedRenewal
AED 73,500/yr12 months · AED 40 per sqft
15 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 38 per sqft
15 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 38 per sqft
4 Dec 2017Sold by developerOff-plan
AED 1,937,888AED 1,095 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
3-bed apartment
Size
1,819 sqft
Floor
4th of 19
Parking
G-79, G-80
Developer
Nshmi Development
Completed
2019
Service charge
AED 28,200 /yr
Last sold
AED 1.75M · March 2024
Building
Warda 1

About 401, Warda 1

401 is a three-bedroom apartment of 1,819 sqft on the 4th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 11 March 2024 for AED 1,750,000, or AED 962 per sqft, in line with the AED 965 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 77,127 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 28,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in Warda 1
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 1,986,888; 2017 AED 1,937,888; 2018 AED 1,812,888; 2020 AED 1,630,888; 2021 AED 1,599,888; 2023 AED 1,825,000; 2024 AED 1,910,000; 2025 AED 2,350,888; 2026 AED 2,625,000Sold by developer, December 2017: AED 1,937,888 (AED 1,095 per sqft)Sold, March 2024: AED 1,750,000 (AED 962 per sqft)

401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 401, each contractTypical three-bed in Warda 1
75K100K125K2020202220242026Typical rent by year: 2020 AED 70,000; 2021 AED 73,250; 2022 AED 82,250; 2023 AED 90,100; 2024 AED 100,000; 2025 AED 117,500; 2026 AED 117,500New contract, August 2020: AED 70,000 a yearRenewal, August 2021: AED 70,000 a yearRenewal, August 2022: AED 73,500 a yearRenewal, August 2023: AED 77,127 a year

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 401 sits

All 38 3-beds →

401 last sold in March 2024 at AED 962 per sqft, in line with what three-beds in Warda 1 were fetching at the time (AED 965). 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. 401's AED 77,127 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20262,625,000
22 Jul 20263,000,000
29 Jan 20262,400,000
15 Sep 20251,900,000
3 3-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 4th floor

All 153 units in Warda 1
Value
4022-bedAED 1.25M · Nov 2025
4032-bedAED 950K · Apr 2023
4043-bedAED 1.95M · May 2024
4052-bedAED 1.5M · Feb 2025
4062-bedAED 810K · Mar 2016
4072-bedAED 807K · Mar 2016
4082-bedAED 881K · Jul 2020

401, Warda 1 in numbers

  • Sold twice: first on 4 December 2017 for AED 1,937,888, last on 11 March 2024 for AED 1,750,000 (AED 962 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 70,000 to AED 77,127 a year.
  • At AED 77,127 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 28,200 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 11 March 2024.

Questions about 401, Warda 1

What did unit 401 last sell for?

AED 1,750,000 on 11 March 2024: AED 962 per sqft for 1,819 sqft. The unit has 2 registered sales; the first was AED 1,937,888 in December 2017.

What is the rent for unit 401?

AED 77,127 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 73,500; the unit has been rented since August 2020.

How big is unit 401?

1,819 sqft (169.0 sqm): a three-bedroom apartment on the 4th floor of a 19-storey tower completed in 2019.

What is unit 401 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 401, Warda 1

Starts from the last sale price (AED 1.75M, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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