2-bed · 940 sqftWarda 1, Town Square · 4th floor · completed 2019

403, Warda 1

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 12 May 2026
Last soldAED 950K17 April 2023
Current rentAED 75K /yr12 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Warda 1

What is 403 worth today?

Last sold for AED 950,000 in 2023

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12 May 2026RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
12 May 2025RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
12 May 2025RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
12 May 2024RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
12 May 2023RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
17 Apr 2023SoldReady
AED 950,000AED 1,010 per sqft
1 Aug 2022RentedRenewal
AED 51,472/yr5 months · AED 55 per sqft
1 Aug 2021RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 12 May 2026.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
4th of 19
Parking
P-430
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 950K · April 2023
Building
Warda 1

About 403, Warda 1

403 is a two-bedroom apartment of 940 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 17 April 2023 for AED 950,000, or AED 1,010 per sqft, 21% above the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 12 May 2026, is AED 75,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 14,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, March 2016: AED 1,099,888 (AED 1,170 per sqft)Sold, April 2023: AED 950,000 (AED 1,010 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Warda 1
60K80K2020202220242026Typical 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, August 2020: AED 50,000 a yearRenewal, August 2021: AED 48,000 a yearRenewal, August 2022: AED 51,472 a yearNew contract, May 2023: AED 75,000 a yearNew contract, May 2024: AED 75,000 a yearRenewal, May 2025: AED 75,000 a yearRenewal, May 2025: AED 75,000 a yearRenewal, May 2026: AED 75,000 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 403 sits

All 108 2-beds →

403 last sold in April 2023 at AED 1,010 per sqft, 21% above what two-beds in Warda 1 were fetching at the time (AED 835). 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. 403's AED 75,000 is in the lower 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 4th floor

All 153 units in Warda 1
Value
4013-bedAED 1.75M · Mar 2024
4022-bedAED 1.25M · Nov 2025
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

403, Warda 1 in numbers

  • Sold twice: first on 15 March 2016 for AED 1,099,888, last on 17 April 2023 for AED 950,000 (AED 1,010 per sqft).
  • Rented since August 2020 on 8 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 14,600 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 12 May 2026.

Questions about 403, Warda 1

What did unit 403 last sell for?

AED 950,000 on 17 April 2023: AED 1,010 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 1,099,888 in March 2016.

What is the rent for unit 403?

AED 75,000 a year on the contract renewed on 12 May 2026. The previous contract, from May 2025, was AED 75,000; the unit has been rented since August 2020.

How big is unit 403?

940 sqft (87.3 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2019.

What is unit 403 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 403, Warda 1

Starts from the last sale price (AED 950K, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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