1406, Warda 1
Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Warda 1
What is 1406 worth today?
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Source: Dubai Land Department. Updated 25 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 941 sqft
- Floor
- 14th of 19
- Parking
- P-242
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 14,600 /yr
- Last sold
- AED 885K · February 2017
- Building
- Warda 1
About 1406, Warda 1
1406 is a two-bedroom apartment of 941 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 884,888, or AED 940 per sqft, 10% below the AED 1,045 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 25 February 2024, is AED 58,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 14,600 a year.
Sales and rents for 1406 over time
1406 has sold once; the dashed line is the two-bed median of each year in the building.
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 1406 sits
All 98 2-beds →1406 last sold in February 2017 at AED 940 per sqft, 10% below what two-beds in Warda 1 were fetching at the time (AED 1,045). 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. 1406's AED 58,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 941 sqft | 1,320,000 | 1,402 | ||
| 7 Jan 20267 January 2026 | 939 sqft | 1,300,000 | 1,384 | ||
| 28 Apr 202528 April 2025 | 939 sqft | 1,350,000 | 1,437 | ||
| 18 Feb 202518 February 2025 | 1,186 sqft | 1,500,000 | 1,264 |
Warda 1
Building153 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%
Other units on the 14th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 1,774 sqft | AED 1.66MAED 1,657,888 · Feb 2017February 2017 | 86,000 /yr | |
| 1402 | 2-bed | 941 sqft | AED 880KAED 879,888 · Feb 2017February 2017 | 61,950 /yr | |
| 1403 | 2-bed | 940 sqft | AED 881KAED 880,888 · Feb 2017February 2017 | 63,525 /yr | |
| 1404 | 3-bed | 1,769 sqft | AED 1.66MAED 1,657,888 · Feb 2017February 2017 | 125,000 /yr | |
| 1405 | 2-bed | 1,183 sqft | AED 1.11MAED 1,113,888 · Feb 2017February 2017 | 85,000 /yr | |
| 1407 | 2-bed | 940 sqft | AED 884KAED 883,888 · Feb 2017February 2017 | 59,000 /yr | |
| 1408 | 2-bed | 1,186 sqft | AED 1.11MAED 1,112,888 · Feb 2017February 2017 | 62,370 /yr |
1406, Warda 1 in numbers
- Sold once: by Nshmi Development on 22 February 2017 for AED 884,888, or AED 940 per sqft.
- Rented since February 2021 on 4 Ejari contracts, from AED 43,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2017 price is 6.6%, 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 25 February 2024.
Questions about 1406, Warda 1
What did unit 1406 last sell for?
AED 884,888 on 22 February 2017, sold by the developer: AED 940 per sqft for 941 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 58,000 a year on the contract renewed on 25 February 2024. The previous contract, from February 2023, was AED 52,000; the unit has been rented since February 2021.
How big is unit 1406?
941 sqft (87.4 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2019.
What is unit 1406 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 1406, Warda 1
Starts from the last sale price (AED 885K, 22 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 884,888
- Deposit, UAE resident (20%)
- AED 176,978
- Deposit, non-resident (40%)
- AED 353,955
- Monthly over 25 years at 3.7%
- AED 3,620
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →