591 sqftWarda 1, Town Square · 10th floor · completed 2019

1008, Warda 1

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 921K7 December 2020
Current rentAED 67K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Warda 1

What is 1008 worth today?

Last sold for AED 920,888 in 2020

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15 Jan 2025RentedRenewal
AED 66,667/yr9 months · AED 56 per sqft
15 Jan 2024RentedRenewal
AED 62,500/yr12 months · AED 53 per sqft
15 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
15 Jan 2022RentedNew contract
AED 43,000/yr12 months · AED 36 per sqft
15 Jan 2022RentedRenewal
AED 43,000/yr12 months · AED 36 per sqft
15 Jan 2021RentedNew contract
AED 43,000/yr12 months · AED 36 per sqft
7 Dec 2020Sold by developerReady
AED 920,888AED 778 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
Apartment
Size
591 sqft
Floor
10th of 19
Parking
P-204
Developer
Nshmi Development
Completed
2019
Service charge
AED 9,200 /yr
Last sold
AED 921K · December 2020
Building
Warda 1

About 1008, Warda 1

1008 is an apartment of 591 sqft on the 10th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 7 December 2020 for AED 920,888, or AED 778 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 66,667 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 9,200 a year.

Warda 1

Building

153 apartments, 1-bed to 3-bed over 19 floors in Town Square, completed in 2019 by Nshmi Development. 6 sold in the last 12 months.

Typical price per sqft
AED 1,357
Typical sale
AED 1.31M
Typical rent
AED 95K /yr
Typical yield
6.5%
Warda 1, Town Square: prices, sales and rents →

Other units on the 10th floor

All 153 units in Warda 1
Value
10013-bedAED 2.05M · May 2017
10022-bedAED 1M · Aug 2020
10032-bedAED 1.17M · Apr 2016
10043-bedAED 1.64M · Mar 2021
10052-bedAED 921K · Dec 2020
10062-bedAED 916K · Aug 2016
10072-bedAED 915K · Oct 2016

1008, Warda 1 in numbers

  • Sold once: by Nshmi Development on 7 December 2020 for AED 920,888, or AED 778 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 43,000 to AED 66,667 a year.
  • At AED 66,667 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 9,200 a year (AED 15.52 per sqft).

Source: Dubai Land Department. Updated 15 January 2025.

Questions about 1008, Warda 1

What did unit 1008 last sell for?

AED 920,888 on 7 December 2020, sold by the developer: AED 778 per sqft for 591 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 66,667 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 62,500; the unit has been rented since January 2021.

How big is unit 1008?

591 sqft (54.9 sqm): an apartment on the 10th floor of a 19-storey tower completed in 2019.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1008, Warda 1

Starts from the last sale price (AED 921K, 7 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 920,888
Deposit, UAE resident (20%)
AED 184,178
Deposit, non-resident (40%)
AED 368,355
Monthly over 25 years at 3.7%
AED 3,768

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