501, Warda 1
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Warda 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 20 March 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,956 sqft
- Floor
- 5th of 19
- Parking
- P-357, P-358
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 30,400 /yr
- Last sold
- AED 1.99M · July 2016
- Building
- Warda 1
About 501, Warda 1
501 is a three-bedroom apartment of 1,956 sqft on the 5th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 11 July 2016 for AED 1,986,888, or AED 1,066 per sqft, 4% below the AED 1,111 three-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 140,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 30,400 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the three-bed median of each year in the building.
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 501 sits
All 38 3-beds →501 last sold in July 2016 at AED 1,066 per sqft, 4% below what three-beds in Warda 1 were fetching at the time (AED 1,111). 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. 501's AED 140,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 1,770 sqft | 2,625,000 | 1,483 | ||
| 22 Jul 202622 July 2026 | 1,865 sqft | 3,000,000 | 1,608 | ||
| 29 Jan 202629 January 2026 | 1,865 sqft | 2,400,000 | 1,286 | ||
| 15 Sep 202515 September 2025 | 1,771 sqft | 1,900,000 | 1,072 |
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 5th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 995 sqft | AED 940KAED 940,000 · Nov 2023November 2023 | 58,146 /yr | |
| 503 | 2-bed | 938 sqft | AED 1.1MAED 1,095,888 · Mar 2016March 2016 | ||
| 504 | 3-bed | 1,950 sqft | AED 1.56MAED 1,560,888 · Dec 2020December 2020 | ||
| 505 | 2-bed | 1,224 sqft | AED 921KAED 920,888 · Nov 2020November 2020 | 80,500 /yr | |
| 506 | 2-bed | 983 sqft | AED 930KAED 930,000 · Apr 2024April 2024 | 87,000 /yr | |
| 507 | 2-bed | 941 sqft | AED 816KAED 815,888 · Mar 2016March 2016 | 65,000 /yr | |
| 508 | 2-bed | 1,225 sqft | AED 965KAED 965,000 · Feb 2024February 2024 | 65,000 /yr |
501, Warda 1 in numbers
- Sold once: by Nshmi Development on 11 July 2016 for AED 1,986,888, or AED 1,066 per sqft.
- Rented since March 2024 on 4 Ejari contracts, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 30,400 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 20 March 2026.
Questions about 501, Warda 1
What did unit 501 last sell for?
AED 1,986,888 on 11 July 2016, sold by the developer: AED 1,066 per sqft for 1,956 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 140,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 140,000; the unit has been rented since March 2024.
How big is unit 501?
1,956 sqft (181.7 sqm): a three-bedroom apartment on the 5th floor of a 19-storey tower completed in 2019.
What is unit 501 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 501, Warda 1
Starts from the last sale price (AED 1.99M, 11 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,986,888
- Deposit, UAE resident (20%)
- AED 397,378
- Deposit, non-resident (40%)
- AED 794,755
- Monthly over 25 years at 3.7%
- AED 8,129
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →