2-bed · 938 sqftWarda 1, Town Square · 5th floor · completed 2019

503, Warda 1

Sold prices and rental history: sold once, by the developer in March 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 14 March 2016
Last soldAED 1.1M14 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Warda 1

What is 503 worth today?

Last sold for AED 1,095,888 in 2016

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14 Mar 2016Sold by developerOff-plan
AED 1,095,888AED 1,168 per sqft

Source: Dubai Land Department. Updated 14 March 2016.

Key facts

Type
2-bed apartment
Size
938 sqft
Floor
5th of 19
Parking
P-424
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 1.1M · March 2016
Building
Warda 1

About 503, Warda 1

503 is a two-bedroom apartment of 938 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 14 March 2016 for AED 1,095,888, or AED 1,168 per sqft, in line with the AED 1,168 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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 1,095,888 (AED 1,168 per sqft)

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

Rents
Unit 503, 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 85,000

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 503 sits

All 108 2-beds →

503 last sold in March 2016 at AED 1,168 per sqft, in line with what two-beds in Warda 1 were fetching at the time (AED 1,168). 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.

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 5th floor

All 153 units in Warda 1
Value
5013-bedAED 1.99M · Jul 2016
5022-bedAED 940K · Nov 2023
5043-bedAED 1.56M · Dec 2020
5052-bedAED 921K · Nov 2020
5062-bedAED 930K · Apr 2024
5072-bedAED 816K · Mar 2016
5082-bedAED 965K · Feb 2024

503, Warda 1 in numbers

  • Sold once: by Nshmi Development on 14 March 2016 for AED 1,095,888, or AED 1,168 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 14 March 2016.

Questions about 503, Warda 1

What did unit 503 last sell for?

AED 1,095,888 on 14 March 2016, sold by the developer: AED 1,168 per sqft for 938 sqft. It is the only registered sale of the unit.

How big is unit 503?

938 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2019.

What is unit 503 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 503, Warda 1

Starts from the last sale price (AED 1.1M, 14 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,888
Deposit, UAE resident (20%)
AED 219,178
Deposit, non-resident (40%)
AED 438,355
Monthly over 25 years at 3.7%
AED 4,484

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