2-bed · 940 sqftWarda 1, Town Square · 7th floor · completed 2019

702, Warda 1

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 960K6 May 2024
Current rentAED 95K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Warda 1

What is 702 worth today?

Last sold for AED 960,000 in 2024

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25 Apr 2026RentedRenewal
AED 94,500/yr12 months · AED 101 per sqft
25 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
25 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
11 May 2024RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
6 May 2024SoldReady
AED 960,000AED 1,021 per sqft
1 Nov 2023RentedNew contract
AED 63,800/yr12 months · AED 68 per sqft
1 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 62 per sqft
20 Apr 2022RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
7th of 19
Parking
P-448
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 960K · May 2024
Building
Warda 1

About 702, Warda 1

702 is a two-bedroom apartment of 940 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 6 May 2024 for AED 960,000, or AED 1,021 per sqft, 18% above the AED 863 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 94,500 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 2021: AED 1,150,888 (AED 1,224 per sqft)Sold, May 2024: AED 960,000 (AED 1,021 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Warda 1
50K75K100K2020202220242026Typical 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 85,000New contract, April 2021: AED 48,000 a yearRenewal, April 2022: AED 48,000 a yearNew contract, November 2022: AED 58,000 a yearNew contract, November 2023: AED 63,800 a yearNew contract, May 2024: AED 90,000 a yearNew contract, April 2025: AED 90,000 a yearNew contract, April 2025: AED 90,000 a yearRenewal, April 2026: AED 94,500 a year

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 702 sits

All 108 2-beds →

702 last sold in May 2024 at AED 1,021 per sqft, 18% above what two-beds in Warda 1 were fetching at the time (AED 863). 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. 702's AED 94,500 is in the lower half of that range.

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 7th floor

All 153 units in Warda 1
Value
7013-bedAED 1.87M · Jun 2024
7032-bedAED 1.14M · Mar 2016
7043-bedAED 1.9M · Sep 2025
7052-bedAED 1.52M · Nov 2026
7062-bedAED 882K · Aug 2016
7072-bedAED 975K · Jun 2024
7082-bedAED 951K · Feb 2021

702, Warda 1 in numbers

  • Sold twice: first on 8 March 2021 for AED 1,150,888, last on 6 May 2024 for AED 960,000 (AED 1,021 per sqft).
  • Rented since April 2021 on 8 Ejari contracts, from AED 48,000 to AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 14,600 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 25 April 2026.

Questions about 702, Warda 1

What did unit 702 last sell for?

AED 960,000 on 6 May 2024: AED 1,021 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 1,150,888 in March 2021.

What is the rent for unit 702?

AED 94,500 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 90,000; the unit has been rented since April 2021.

How big is unit 702?

940 sqft (87.3 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2019.

What is unit 702 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 702, Warda 1

Starts from the last sale price (AED 960K, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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