2-bed · 941 sqftWarda 1, Town Square · 12th floor · completed 2019

1206, Warda 1

Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 855K18 November 2020
Current rentAED 75K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Warda 1

What is 1206 worth today?

Last sold for AED 854,888 in 2020

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1 Feb 2025RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
1 Feb 2024RentedRenewal
AED 70,000/yr12 months · AED 75 per sqft
1 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
18 Nov 2020Sold by developerReady
AED 854,888AED 908 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
941 sqft
Floor
12th of 19
Parking
P-218
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 855K · November 2020
Building
Warda 1

About 1206, Warda 1

1206 is a two-bedroom apartment of 941 sqft on the 12th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 18 November 2020 for AED 854,888, or AED 908 per sqft, 13% above the AED 806 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 75,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Warda 1
1M1.25M2016201920222025Typical sale price by year: 2016 AED 1,065,888; 2017 AED 927,888; 2018 AED 932,388; 2019 AED 974,388; 2020 AED 925,888; 2021 AED 910,888; 2022 AED 857,500; 2023 AED 912,500; 2024 AED 1,162,500; 2025 AED 1,400,000Sold by developer, November 2020: AED 854,888 (AED 908 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Warda 1
50K75K100K2020202220242026Typical rent by year: 2020 AED 47,500; 2021 AED 48,000; 2022 AED 53,000; 2023 AED 58,958; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 93,000New contract, February 2023: AED 65,000 a yearRenewal, February 2024: AED 70,000 a yearRenewal, February 2025: AED 75,000 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 1206 sits

All 98 2-beds →

1206 last sold in November 2020 at AED 908 per sqft, 13% above what two-beds in Warda 1 were fetching at the time (AED 806). Over the last 12 months two-beds sold for AED 1,250,000 to 1,380,000, around AED 1,393 per sqft, and rent for AED 67,760 to 145,608 a year. 1206's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20261,320,000
7 Jan 20261,300,000
28 Apr 20251,350,000
18 Feb 20251,500,000
4 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. 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 12th floor

All 153 units in Warda 1
Value
12013-bedAED 2.3M · May 2025
12022-bedAED 991K · Dec 2023
1203AED 1.38M · Dec 2025
12043-bedAED 1.55M · Apr 2021
1205AED 1.3M · Oct 2025
12072-bedAED 950K · Sep 2023
12082-bedAED 1.25M · Jul 2024

1206, Warda 1 in numbers

  • Sold once: by Nshmi Development on 18 November 2020 for AED 854,888, or AED 908 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 65,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 14,600 a year (AED 15.52 per sqft).
  • Two-beds in Warda 1 sold for AED 1,250,000–1,380,000 in the 12 months to November 2026; the building's median across all types is AED 1,357 per sqft.

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 1206, Warda 1

What did unit 1206 last sell for?

AED 854,888 on 18 November 2020, sold by the developer: AED 908 per sqft for 941 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 75,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 70,000; the unit has been rented since February 2023.

How big is unit 1206?

941 sqft (87.4 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2019.

What is unit 1206 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 1,250,000 to 1,380,000 in the last 12 months, around AED 1,393 per sqft.

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Mortgage on 1206, Warda 1

Starts from the last sale price (AED 855K, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 854,888
Deposit, UAE resident (20%)
AED 170,978
Deposit, non-resident (40%)
AED 341,955
Monthly over 25 years at 3.7%
AED 3,498

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