701, Warda 1
Sold prices and rental history: sold twice, last in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Warda 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,784 sqft
- Floor
- 7th of 19
- Parking
- P-349, P-350
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.87M · June 2024
- Building
- Warda 1
About 701, Warda 1
701 is a three-bedroom apartment of 1,784 sqft on the 7th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 26 June 2024 for AED 1,870,000, or AED 1,048 per sqft, 10% above the AED 950 three-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 12 February 2023, is AED 75,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 27,700 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 38 3-beds →701 last sold in June 2024 at AED 1,048 per sqft, 10% above what three-beds in Warda 1 were fetching at the time (AED 950). 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. 701's AED 75,000 is at the bottom 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 7th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 940 sqft | AED 960KAED 960,000 · May 2024May 2024 | 94,500 /yr | |
| 703 | 2-bed | 940 sqft | AED 1.14MAED 1,143,888 · Mar 2016March 2016 | 48,000 /yr | |
| 704 | 3-bed | 1,771 sqft | AED 1.9MAED 1,900,000 · Sep 2025September 2025 | 98,000 /yr | |
| 705 | 2-bed | 1,186 sqft | AED 1.52MAED 1,520,000 · Nov 2026November 2026 | 110,000 /yr | |
| 706 | 2-bed | 937 sqft | AED 882KAED 881,888 · Aug 2016August 2016 | 66,000 /yr | |
| 707 | 2-bed | 937 sqft | AED 975KAED 975,000 · Jun 2024June 2024 | 61,600 /yr | |
| 708 | 2-bed | 1,187 sqft | AED 951KAED 950,888 · Feb 2021February 2021 | 90,000 /yr |
701, Warda 1 in numbers
- Sold twice: first on 28 January 2021 for AED 1,625,888, last on 26 June 2024 for AED 1,870,000 (AED 1,048 per sqft).
- Rented since February 2021 on 3 Ejari contracts, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 27,700 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 26 June 2024.
Questions about 701, Warda 1
What did unit 701 last sell for?
AED 1,870,000 on 26 June 2024: AED 1,048 per sqft for 1,784 sqft. The unit has 2 registered sales; the first was AED 1,625,888 in January 2021.
What is the rent for unit 701?
AED 75,000 a year on the contract renewed on 12 February 2023. The previous contract, from February 2022, was AED 75,000; the unit has been rented since February 2021.
How big is unit 701?
1,784 sqft (165.7 sqm): a three-bedroom apartment on the 7th floor of a 19-storey tower completed in 2019.
What is unit 701 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 701, Warda 1
Starts from the last sale price (AED 1.87M, 26 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,870,000
- Deposit, UAE resident (20%)
- AED 374,000
- Deposit, non-resident (40%)
- AED 748,000
- Monthly over 25 years at 3.7%
- AED 7,651
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →