2-bed · 937 sqftWarda 1, Town Square · 7th floor · completed 2019

706, Warda 1

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 882K9 August 2016
Current rentAED 66K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Warda 1

What is 706 worth today?

Last sold for AED 881,888 in 2016

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5 Jun 2026RentedRenewal
AED 66,000/yr12 months · AED 70 per sqft
5 Jun 2025RentedRenewal
AED 66,000/yr12 months · AED 70 per sqft
5 Jun 2025RentedRenewal
AED 66,000/yr12 months · AED 70 per sqft
5 Jun 2024RentedRenewal
AED 59,455/yr12 months · AED 63 per sqft
5 Jun 2023RentedRenewal
AED 51,700/yr12 months · AED 55 per sqft
5 Jun 2022RentedRenewal
AED 47,000/yr12 months · AED 50 per sqft
5 Jun 2021RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
9 Aug 2016Sold by developerOff-plan
AED 881,888AED 940 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 19
Parking
P-269
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,500 /yr
Last sold
AED 882K · August 2016
Building
Warda 1

About 706, Warda 1

706 is a two-bedroom apartment of 937 sqft on the 7th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 9 August 2016 for AED 881,888, or AED 940 per sqft, 18% below the AED 1,142 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 66,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 14,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, August 2016: AED 881,888 (AED 940 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Warda 1
40K60K80K2020202220242026Typical 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, June 2021: AED 45,000 a yearRenewal, June 2022: AED 47,000 a yearRenewal, June 2023: AED 51,700 a yearRenewal, June 2024: AED 59,455 a yearRenewal, June 2025: AED 66,000 a yearRenewal, June 2025: AED 66,000 a yearRenewal, June 2026: AED 66,000 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 706 sits

All 108 2-beds →

706 last sold in August 2016 at AED 940 per sqft, 18% below what two-beds in Warda 1 were fetching at the time (AED 1,142). 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. 706's AED 66,000 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
7022-bedAED 960K · May 2024
7032-bedAED 1.14M · Mar 2016
7043-bedAED 1.9M · Sep 2025
7052-bedAED 1.52M · Nov 2026
7072-bedAED 975K · Jun 2024
7082-bedAED 951K · Feb 2021

706, Warda 1 in numbers

  • Sold once: by Nshmi Development on 9 August 2016 for AED 881,888, or AED 940 per sqft.
  • Rented since June 2021 on 7 Ejari contracts, from AED 45,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 14,500 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 5 June 2026.

Questions about 706, Warda 1

What did unit 706 last sell for?

AED 881,888 on 9 August 2016, sold by the developer: AED 940 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 66,000 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 66,000; the unit has been rented since June 2021.

How big is unit 706?

937 sqft (87.1 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2019.

What is unit 706 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 706, Warda 1

Starts from the last sale price (AED 882K, 9 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 881,888
Deposit, UAE resident (20%)
AED 176,378
Deposit, non-resident (40%)
AED 352,755
Monthly over 25 years at 3.7%
AED 3,608

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