1508, Warda 1
Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Warda 1
What is 1508 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,186 sqft
- Floor
- 15th of 19
- Parking
- P-238
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 18,400 /yr
- Last sold
- AED 957K · February 2020
- Building
- Warda 1
About 1508, Warda 1
1508 is a two-bedroom apartment of 1,186 sqft on the 15th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 11 February 2020 for AED 956,888, or AED 806 per sqft, in line with the AED 808 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 October 2024, is AED 90,000 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 18,400 a year.
Sales and rents for 1508 over time
1508 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 1508 sits
All 98 2-beds →1508 last sold in February 2020 at AED 806 per sqft, in line with what two-beds in Warda 1 were fetching at the time (AED 808). 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. 1508's AED 90,000 is in the lower half 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 15th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,866 sqft | AED 1.85MAED 1,850,000 · Sep 2023September 2023 | 71,429 /yr | |
| 1502 | 2-bed | 941 sqft | AED 1.23MAED 1,233,888 · Mar 2016March 2016 | 56,000 /yr | |
| 1503 | 2-bed | 940 sqft | AED 1.25MAED 1,247,888 · Mar 2016March 2016 | 75,000 /yr | |
| 1504 | 3-bed | 1,860 sqft | AED 1.8MAED 1,800,000 · May 2023May 2023 | 77,000 /yr | |
| 1505 | 2-bed | 1,184 sqft | AED 1.25MAED 1,250,000 · Aug 2024August 2024 | 65,000 /yr | |
| 1506 | 2-bed | 941 sqft | AED 780KAED 780,000 · Aug 2022August 2022 | 105,000 /yr | |
| 1507 | 2-bed | 940 sqft | AED 880KAED 880,000 · Oct 2023October 2023 | 45,000 /yr |
1508, Warda 1 in numbers
- Sold once: by Nshmi Development on 11 February 2020 for AED 956,888, or AED 806 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 50,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2020 price is 9.4%, before a service charge of about AED 18,400 a year (AED 15.52 per sqft).
- Two-beds in Warda 1 sold for AED 1,250,000–1,380,000 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 15 October 2024.
Questions about 1508, Warda 1
What did unit 1508 last sell for?
AED 956,888 on 11 February 2020, sold by the developer: AED 806 per sqft for 1,186 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 90,000 a year on the contract signed on 15 October 2024. The previous contract, from September 2023, was AED 62,000; the unit has been rented since August 2020.
How big is unit 1508?
1,186 sqft (110.2 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2019.
What is unit 1508 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 1508, Warda 1
Starts from the last sale price (AED 957K, 11 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 956,888
- Deposit, UAE resident (20%)
- AED 191,378
- Deposit, non-resident (40%)
- AED 382,755
- Monthly over 25 years at 3.7%
- AED 3,915
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →