408, Warda 1
Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Warda 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 8 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,187 sqft
- Floor
- 4th of 19
- Parking
- P-434
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 18,400 /yr
- Last sold
- AED 881K · July 2020
- Building
- Warda 1
About 408, Warda 1
408 is a two-bedroom apartment of 1,187 sqft on the 4th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 27 July 2020 for AED 880,888, or AED 742 per sqft, 8% below the AED 809 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 8 December 2025, is AED 110,000 a year: a gross yield of 12.5% on the 2020 price, before the service charge of about AED 18,400 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 108 2-beds →408 last sold in July 2020 at AED 742 per sqft, 8% below what two-beds in Warda 1 were fetching at the time (AED 809). 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. 408's AED 110,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 986 sqft | 1,500,888 | 1,521 | ||
| 3 Nov 20263 November 2026 | 1,186 sqft | 1,520,000 | 1,281 | ||
| 15 Sep 202615 September 2026 | 939 sqft | 1,485,000 | 1,581 | ||
| 30 Jul 202630 July 2026 | 1,183 sqft | 1,550,000 | 1,309 |
Warda 1
Building153 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%
Other units on the 4th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,819 sqft | AED 1.75MAED 1,750,000 · Mar 2024March 2024 | 77,127 /yr | |
| 402 | 2-bed | 939 sqft | AED 1.25MAED 1,250,000 · Nov 2025November 2025 | 77,175 /yr | |
| 403 | 2-bed | 940 sqft | AED 950KAED 950,000 · Apr 2023April 2023 | 75,000 /yr | |
| 404 | 3-bed | 1,813 sqft | AED 1.95MAED 1,950,000 · May 2024May 2024 | 135,000 /yr | |
| 405 | 2-bed | 1,186 sqft | AED 1.5MAED 1,500,000 · Feb 2025February 2025 | 50,000 /yr | |
| 406 | 2-bed | 941 sqft | AED 810KAED 809,888 · Mar 2016March 2016 | 78,000 /yr | |
| 407 | 2-bed | 939 sqft | AED 807KAED 806,888 · Mar 2016March 2016 | 67,760 /yr |
408, Warda 1 in numbers
- Sold once: by Nshmi Development on 27 July 2020 for AED 880,888, or AED 742 per sqft.
- Rented since November 2024 on 2 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2020 price is 12.5%, 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 8 December 2025.
Questions about 408, Warda 1
What did unit 408 last sell for?
AED 880,888 on 27 July 2020, sold by the developer: AED 742 per sqft for 1,187 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 110,000 a year on the contract signed on 8 December 2025. The previous contract, from November 2024, was AED 110,000.
How big is unit 408?
1,187 sqft (110.3 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2019.
What is unit 408 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 408, Warda 1
Starts from the last sale price (AED 881K, 27 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 880,888
- Deposit, UAE resident (20%)
- AED 176,178
- Deposit, non-resident (40%)
- AED 352,355
- Monthly over 25 years at 3.7%
- AED 3,604
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →