3-bed · 1,813 sqftWarda 1, Town Square · 4th floor · completed 2019

404, Warda 1

Sold prices and rental history: sold twice, last in May 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 1.95M8 May 2024
Current rentAED 135K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Warda 1

What is 404 worth today?

Last sold for AED 1,950,000 in 2024

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8 May 2024SoldReady
AED 1,950,000AED 1,075 per sqft
10 Mar 2023RentedNew contract
AED 135,000/yr12 months · AED 74 per sqft
17 Apr 2018Sold by developerOff-plan
AED 1,676,888AED 946 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
4th of 19
Parking
G-88, G-89
Developer
Nshmi Development
Completed
2019
Service charge
AED 28,100 /yr
Last sold
AED 1.95M · May 2024
Building
Warda 1

About 404, Warda 1

404 is a three-bedroom apartment of 1,813 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 8 May 2024 for AED 1,950,000, or AED 1,075 per sqft, 12% above the AED 962 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2023. The current contract, signed on 10 March 2023, is AED 135,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 28,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, April 2018: AED 1,676,888 (AED 946 per sqft)Sold, May 2024: AED 1,950,000 (AED 1,075 per sqft)

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

Rents
Unit 404, each contractTypical three-bed in Warda 1
100K2020202220242026Typical 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, March 2023: AED 135,000 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 404 sits

All 38 3-beds →

404 last sold in May 2024 at AED 1,075 per sqft, 12% above what three-beds in Warda 1 were fetching at the time (AED 962). 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. 404's AED 135,000 is in the upper half 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
4013-bedAED 1.75M · Mar 2024
4022-bedAED 1.25M · Nov 2025
4032-bedAED 950K · Apr 2023
4052-bedAED 1.5M · Feb 2025
4062-bedAED 810K · Mar 2016
4072-bedAED 807K · Mar 2016
4082-bedAED 881K · Jul 2020

404, Warda 1 in numbers

  • Sold twice: first on 17 April 2018 for AED 1,676,888, last on 8 May 2024 for AED 1,950,000 (AED 1,075 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 28,100 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 8 May 2024.

Questions about 404, Warda 1

What did unit 404 last sell for?

AED 1,950,000 on 8 May 2024: AED 1,075 per sqft for 1,813 sqft. The unit has 2 registered sales; the first was AED 1,676,888 in April 2018.

What is the rent for unit 404?

AED 135,000 a year on the contract signed on 10 March 2023.

How big is unit 404?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 4th floor of a 19-storey tower completed in 2019.

What is unit 404 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 404, Warda 1

Starts from the last sale price (AED 1.95M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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