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

707, Warda 1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 975K6 June 2024
Current rentAED 62K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Warda 1

What is 707 worth today?

Last sold for AED 975,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Jun 2024SoldReady
AED 975,000AED 1,040 per sqft
15 Oct 2023RentedRenewal
AED 61,600/yr12 months · AED 66 per sqft
15 Oct 2022RentedNew contract
AED 56,000/yr12 months · AED 60 per sqft
18 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft
18 Aug 2020RentedNew contract
AED 48,000/yr13 months · AED 51 per sqft
24 Aug 2016Sold by developerOff-plan
AED 880,888AED 939 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 19
Parking
P-452
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,500 /yr
Last sold
AED 975K · June 2024
Building
Warda 1

About 707, Warda 1

707 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. It last sold on 6 June 2024 for AED 975,000, or AED 1,040 per sqft, 11% above the AED 936 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 61,600 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 880,888 (AED 939 per sqft)Sold, June 2024: AED 975,000 (AED 1,040 per sqft)

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

Rents
Unit 707, 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 85,000New contract, August 2020: AED 48,000 a yearRenewal, September 2021: AED 48,000 a yearNew contract, October 2022: AED 56,000 a yearRenewal, October 2023: AED 61,600 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 707 sits

All 108 2-beds →

707 last sold in June 2024 at AED 1,040 per sqft, 11% above what two-beds in Warda 1 were fetching at the time (AED 936). 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. 707's AED 61,600 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
7062-bedAED 882K · Aug 2016
7082-bedAED 951K · Feb 2021

707, Warda 1 in numbers

  • Sold twice: first on 24 August 2016 for AED 880,888, last on 6 June 2024 for AED 975,000 (AED 1,040 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 48,000 to AED 61,600 a year.
  • At AED 61,600 a year the gross yield on the 2024 price is 6.3%, 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 6 June 2024.

Questions about 707, Warda 1

What did unit 707 last sell for?

AED 975,000 on 6 June 2024: AED 1,040 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 880,888 in August 2016.

What is the rent for unit 707?

AED 61,600 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 56,000; the unit has been rented since August 2020.

How big is unit 707?

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

What is unit 707 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.

Selling 707? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 707, Warda 1

Starts from the last sale price (AED 975K, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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