3-bed · 1,769 sqftWarda 1, Town Square · 14th floor · completed 2019

1404, Warda 1

Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 1.66M22 February 2017
Current rentAED 125K /yr16 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Warda 1

What is 1404 worth today?

Last sold for AED 1,657,888 in 2017

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16 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft
20 Mar 2024RentedRenewal
AED 80,000/yr12 months · AED 45 per sqft
20 Mar 2022RentedRenewal
AED 65,000/yr12 months · AED 37 per sqft
22 Feb 2017Sold by developerOff-plan
AED 1,657,888AED 937 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
3-bed apartment
Size
1,769 sqft
Floor
14th of 19
Parking
P-291, P-292
Developer
Nshmi Development
Completed
2019
Service charge
AED 27,500 /yr
Last sold
AED 1.66M · February 2017
Building
Warda 1

About 1404, Warda 1

1404 is a three-bedroom apartment of 1,769 sqft on the 14th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 22 February 2017 for AED 1,657,888, or AED 937 per sqft, 7% below the AED 1,009 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 16 April 2025, is AED 125,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 27,500 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical three-bed in Warda 1
1.6M1.8M2M2016201920222025Typical sale price by year: 2016 AED 1,989,888; 2017 AED 1,937,888; 2018 AED 1,812,888; 2020 AED 1,609,888; 2021 AED 1,610,388; 2023 AED 1,825,000; 2024 AED 1,910,000Sold by developer, February 2017: AED 1,657,888 (AED 937 per sqft)

1404 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1404, each contractTypical three-bed in Warda 1
100K2020202220242026Typical rent by year: 2020 AED 70,000; 2021 AED 72,500; 2022 AED 82,500; 2023 AED 90,200; 2024 AED 105,000; 2025 AED 117,500Renewal, March 2022: AED 65,000 a yearRenewal, March 2024: AED 80,000 a yearNew contract, April 2025: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Warda 1, and where 1404 sits

All 35 3-beds →

1404 last sold in February 2017 at AED 937 per sqft, 7% below what three-beds in Warda 1 were fetching at the time (AED 1,009). Over the last 12 months three-beds sold for AED 2,400,000, around AED 1,286 per sqft, and rent for AED 110,000 to 110,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jan 20262,400,000
12 May 20252,300,000
2 Jan 20252,350,888
24 Dec 20242,350,888
1 3-bed sale 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 14th floor

All 153 units in Warda 1
Value
14013-bedAED 1.66M · Feb 2017
14022-bedAED 880K · Feb 2017
14032-bedAED 881K · Feb 2017
14052-bedAED 1.11M · Feb 2017
14062-bedAED 885K · Feb 2017
14072-bedAED 884K · Feb 2017
14082-bedAED 1.11M · Feb 2017

1404, Warda 1 in numbers

  • Sold once: by Nshmi Development on 22 February 2017 for AED 1,657,888, or AED 937 per sqft.
  • Rented since March 2022 on 3 Ejari contracts, from AED 65,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 27,500 a year (AED 15.52 per sqft).
  • Three-beds in Warda 1 sold for AED 2,400,000–2,400,000 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 16 April 2025.

Questions about 1404, Warda 1

What did unit 1404 last sell for?

AED 1,657,888 on 22 February 2017, sold by the developer: AED 937 per sqft for 1,769 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 125,000 a year on the contract signed on 16 April 2025. The previous contract, from March 2024, was AED 80,000; the unit has been rented since March 2022.

How big is unit 1404?

1,769 sqft (164.3 sqm): a three-bedroom apartment on the 14th floor of a 19-storey tower completed in 2019.

What is unit 1404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Warda 1 sold for AED 2,400,000 to 2,400,000 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on 1404, Warda 1

Starts from the last sale price (AED 1.66M, 22 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,657,888
Deposit, UAE resident (20%)
AED 331,578
Deposit, non-resident (40%)
AED 663,155
Monthly over 25 years at 3.7%
AED 6,783

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