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2-bed · 1,186 sqftWarda 1, Town Square · 4th floor · completed 2019

405, Warda 1

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 1.5M18 February 2025
Current rentAED 50K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Warda 1

What is 405 worth today?

Last sold for AED 1,500,000 in 2025

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18 Feb 2025SoldReady
AED 1,500,000AED 1,264 per sqft
21 Nov 2023SoldReady
AED 975,000AED 822 per sqft
1 Apr 2022RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 Apr 2021RentedNew contract
AED 48,000/yr12 months · AED 41 per sqft
30 Nov 2020Sold by developerReady
AED 915,888AED 772 per sqft

Source: Dubai Land Department. Updated 18 February 2025.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
4th of 19
Parking
P-431
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 1.5M · February 2025
Building
Warda 1

About 405, Warda 1

405 is a two-bedroom apartment of 1,186 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 18 February 2025 for AED 1,500,000, or AED 1,264 per sqft, 13% above the AED 1,117 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 50,000 a year: a gross yield of 3.3% on the 2025 price, before the service charge of about AED 18,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, November 2020: AED 915,888 (AED 772 per sqft)Sold, November 2023: AED 975,000 (AED 822 per sqft)Sold, February 2025: AED 1,500,000 (AED 1,264 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, 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, April 2021: AED 48,000 a yearRenewal, April 2022: AED 50,000 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 405 sits

All 108 2-beds →

405 last sold in February 2025 at AED 1,264 per sqft, 13% above what two-beds in Warda 1 were fetching at the time (AED 1,117). 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. 405's AED 50,000 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
4032-bedAED 950K · Apr 2023
4043-bedAED 1.95M · May 2024
4062-bedAED 810K · Mar 2016
4072-bedAED 807K · Mar 2016
4082-bedAED 881K · Jul 2020

405, Warda 1 in numbers

  • Sold 3 times: first on 30 November 2020 for AED 915,888, last on 18 February 2025 for AED 1,500,000 (AED 1,264 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 48,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 3.3%, before a service charge of about AED 18,400 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 18 February 2025.

Questions about 405, Warda 1

What did unit 405 last sell for?

AED 1,500,000 on 18 February 2025: AED 1,264 per sqft for 1,186 sqft. The unit has 3 registered sales; the first was AED 915,888 in November 2020.

What is the rent for unit 405?

AED 50,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 48,000.

How big is unit 405?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2019.

What is unit 405 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 405, Warda 1

Starts from the last sale price (AED 1.5M, 18 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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