2-bed · 1,187 sqftWarda 1, Town Square · 7th floor · completed 2019

708, Warda 1

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

Unit 708 · DLD and Ejari recordsUpdated 21 July 2026
Last soldAED 951K18 February 2021
Current rentAED 90K /yr21 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Warda 1

What is 708 worth today?

Last sold for AED 950,888 in 2021

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21 Jul 2026RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
21 Jul 2025RentedRenewal
AED 88,000/yr12 months · AED 74 per sqft
21 Jul 2025RentedRenewal
AED 88,000/yr12 months · AED 74 per sqft
19 Jul 2024RentedRenewal
AED 88,000/yr12 months · AED 74 per sqft
19 Jul 2023RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
15 Jul 2022RentedNew contract
AED 63,000/yr12 months · AED 53 per sqft
15 May 2021RentedNew contract
AED 53,000/yr12 months · AED 45 per sqft
18 Feb 2021Sold by developerReady
AED 950,888AED 800 per sqft

Source: Dubai Land Department. Updated 21 July 2026.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
7th of 19
Parking
P-453
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 951K · February 2021
Building
Warda 1

About 708, Warda 1

708 is a two-bedroom apartment of 1,187 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 18 February 2021 for AED 950,888, or AED 800 per sqft, in line with the AED 804 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 21 July 2026, is AED 90,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 18,400 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, February 2021: AED 950,888 (AED 800 per sqft)

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

Rents
Unit 708, 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, May 2021: AED 53,000 a yearNew contract, July 2022: AED 63,000 a yearNew contract, July 2023: AED 80,000 a yearRenewal, July 2024: AED 88,000 a yearRenewal, July 2025: AED 88,000 a yearRenewal, July 2025: AED 88,000 a yearRenewal, July 2026: AED 90,000 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 708 sits

All 108 2-beds →

708 last sold in February 2021 at AED 800 per sqft, in line with what two-beds in Warda 1 were fetching at the time (AED 804). 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. 708's AED 90,000 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
7062-bedAED 882K · Aug 2016
7072-bedAED 975K · Jun 2024

708, Warda 1 in numbers

  • Sold once: by Nshmi Development on 18 February 2021 for AED 950,888, or AED 800 per sqft.
  • Rented since May 2021 on 7 Ejari contracts, from AED 53,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 18,400 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 21 July 2026.

Questions about 708, Warda 1

What did unit 708 last sell for?

AED 950,888 on 18 February 2021, sold by the developer: AED 800 per sqft for 1,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 90,000 a year on the contract renewed on 21 July 2026. The previous contract, from July 2025, was AED 88,000; the unit has been rented since May 2021.

How big is unit 708?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2019.

What is unit 708 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 708, Warda 1

Starts from the last sale price (AED 951K, 18 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,888
Deposit, UAE resident (20%)
AED 190,178
Deposit, non-resident (40%)
AED 380,355
Monthly over 25 years at 3.7%
AED 3,890

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