1608, Warda 1
Sold prices and rental history: sold once, by the developer in August 2019, 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 1608, Warda 1
What is 1608 worth today?
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Source: Dubai Land Department. Updated 27 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,187 sqft
- Floor
- 16th of 19
- Parking
- P-232
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 18,400 /yr
- Last sold
- AED 959K · August 2019
- Building
- Warda 1
About 1608, Warda 1
1608 is a two-bedroom apartment of 1,187 sqft on the 16th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 25 August 2019 for AED 958,888, or AED 808 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 27 December 2024, is AED 75,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 18,400 a year.
Sales and rents for 1608 over time
1608 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 1608 sits
All 98 2-beds →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. 1608's AED 75,000 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 16th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,775 sqft | AED 1.85MAED 1,850,000 · Nov 2023November 2023 | 90,000 /yr | |
| 1602 | 2-bed | 941 sqft | AED 1.2MAED 1,199,888 · Apr 2020April 2020 | 90,000 /yr | |
| 1603 | 2-bed | 940 sqft | AED 1.23MAED 1,225,000 · Nov 2024November 2024 | 97,000 /yr | |
| 1604 | 3-bed | 1,770 sqft | AED 1.55MAED 1,550,888 · Jan 2021January 2021 | ||
| 1605 | 2-bed | 1,184 sqft | AED 959KAED 958,888 · Sep 2019September 2019 | 105,000 /yr | |
| 1606 | 941 sqft | AED 1.32MAED 1,315,888 · Jun 2025June 2025 | 100,000 /yr | ||
| 1607 | 2-bed | 940 sqft | AED 861KAED 860,888 · Dec 2020December 2020 | 72,000 /yr |
1608, Warda 1 in numbers
- Sold once: by Nshmi Development on 25 August 2019 for AED 958,888, or AED 808 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 50,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 7.8%, 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 27 December 2024.
Questions about 1608, Warda 1
What did unit 1608 last sell for?
AED 958,888 on 25 August 2019, sold by the developer: AED 808 per sqft for 1,187 sqft. It is the only registered sale of the unit.
What is the rent for unit 1608?
AED 75,000 a year on the contract renewed on 27 December 2024. The previous contract, from December 2023, was AED 75,000; the unit has been rented since October 2020.
How big is unit 1608?
1,187 sqft (110.3 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2019.
What is unit 1608 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 1608, Warda 1
Starts from the last sale price (AED 959K, 25 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 958,888
- Deposit, UAE resident (20%)
- AED 191,778
- Deposit, non-resident (40%)
- AED 383,555
- Monthly over 25 years at 3.7%
- AED 3,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →