3-bed · 1,950 sqftWarda 1, Town Square · 5th floor · completed 2019

504, Warda 1

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.56M15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Warda 1

What is 504 worth today?

Last sold for AED 1,560,888 in 2020

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15 Dec 2020Sold by developerReady
AED 1,560,888AED 800 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
3-bed apartment
Size
1,950 sqft
Floor
5th of 19
Parking
P-359, P-360
Developer
Nshmi Development
Completed
2019
Service charge
AED 30,300 /yr
Last sold
AED 1.56M · December 2020
Building
Warda 1

About 504, Warda 1

504 is a three-bedroom apartment of 1,950 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 15 December 2020 for AED 1,560,888, or AED 800 per sqft, 11% below the AED 896 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, 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, December 2020: AED 1,560,888 (AED 800 per sqft)

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

Rents
Unit 504, each contractTypical three-bed in Warda 1
75K100K125K2020202220242026Typical 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 117,500

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 504 sits

All 38 3-beds →

504 last sold in December 2020 at AED 800 per sqft, 11% below what three-beds in Warda 1 were fetching at the time (AED 896). 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.

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 5th floor

All 153 units in Warda 1
Value
5013-bedAED 1.99M · Jul 2016
5022-bedAED 940K · Nov 2023
5032-bedAED 1.1M · Mar 2016
5052-bedAED 921K · Nov 2020
5062-bedAED 930K · Apr 2024
5072-bedAED 816K · Mar 2016
5082-bedAED 965K · Feb 2024

504, Warda 1 in numbers

  • Sold once: by Nshmi Development on 15 December 2020 for AED 1,560,888, or AED 800 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 15 December 2020.

Questions about 504, Warda 1

What did unit 504 last sell for?

AED 1,560,888 on 15 December 2020, sold by the developer: AED 800 per sqft for 1,950 sqft. It is the only registered sale of the unit.

How big is unit 504?

1,950 sqft (181.2 sqm): a three-bedroom apartment on the 5th floor of a 19-storey tower completed in 2019.

What is unit 504 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 504, Warda 1

Starts from the last sale price (AED 1.56M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,888
Deposit, UAE resident (20%)
AED 312,178
Deposit, non-resident (40%)
AED 624,355
Monthly over 25 years at 3.7%
AED 6,386

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