2-bed · 1,187 sqftWarda 1, Town Square · 8th floor · completed 2019

808, Warda 1

Sold prices and rental history: sold twice, last in March 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 875K14 March 2022
Current rentAED 57K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Warda 1

What is 808 worth today?

Last sold for AED 875,000 in 2022

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10 Aug 2022RentedNew contract
AED 57,330/yr9 months · AED 48 per sqft
14 Mar 2022SoldReady
AED 875,000AED 736 per sqft
10 Aug 2021RentedRenewal
AED 54,000/yr12 months · AED 46 per sqft
10 Aug 2020RentedNew contract
AED 52,000/yr12 months · AED 44 per sqft
27 Jul 2020Sold by developerReady
AED 946,888AED 797 per sqft

Source: Dubai Land Department. Updated 10 August 2022.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
8th of 19
Parking
P-447
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 875K · March 2022
Building
Warda 1

About 808, Warda 1

808 is a two-bedroom apartment of 1,187 sqft on the 8th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 14 March 2022 for AED 875,000, or AED 736 per sqft, 5% below the AED 775 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 August 2022, is AED 57,330 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 18,400 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, July 2020: AED 946,888 (AED 797 per sqft)Sold, March 2022: AED 875,000 (AED 736 per sqft)

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

Rents
Unit 808, 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 52,000 a yearRenewal, August 2021: AED 54,000 a yearNew contract, August 2022: AED 57,330 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 808 sits

All 108 2-beds →

808 last sold in March 2022 at AED 736 per sqft, 5% below what two-beds in Warda 1 were fetching at the time (AED 775). 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. 808's AED 57,330 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 8th floor

All 153 units in Warda 1
Value
8013-bedAED 1.5M · Sep 2021
8022-bedAED 1.49M · Sep 2026
8032-bedAED 1.35M · Apr 2025
8043-bedAED 2.4M · Jul 2025
8052-bedAED 1.4M · Feb 2025
8062-bedAED 1.32M · Jan 2026
8072-bedAED 1.08M · Jul 2024

808, Warda 1 in numbers

  • Sold twice: first on 27 July 2020 for AED 946,888, last on 14 March 2022 for AED 875,000 (AED 736 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 52,000 to AED 57,330 a year.
  • At AED 57,330 a year the gross yield on the 2022 price is 6.6%, 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 10 August 2022.

Questions about 808, Warda 1

What did unit 808 last sell for?

AED 875,000 on 14 March 2022: AED 736 per sqft for 1,187 sqft. The unit has 2 registered sales; the first was AED 946,888 in July 2020.

What is the rent for unit 808?

AED 57,330 a year on the contract signed on 10 August 2022. The previous contract, from August 2021, was AED 54,000; the unit has been rented since August 2020.

How big is unit 808?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 8th floor of a 19-storey tower completed in 2019.

What is unit 808 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 808, Warda 1

Starts from the last sale price (AED 875K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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