3-bed · 1,861 sqftWarda 1, Town Square · 17th floor · completed 2019

1704, Warda 1

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 30 July 2025
Last soldAED 1.99M28 March 2016
Current rentAED 130K /yr30 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Warda 1

What is 1704 worth today?

Last sold for AED 1,992,888 in 2016

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30 Jul 2025RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft
3 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 59 per sqft
3 Jun 2023RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
1 Aug 2022RentedRenewal
AED 71,454/yr10 months · AED 38 per sqft
1 Aug 2021RentedRenewal
AED 65,000/yr12 months · AED 35 per sqft
28 Mar 2016Sold by developerOff-plan
AED 1,992,888AED 1,071 per sqft

Source: Dubai Land Department. Updated 30 July 2025.

Key facts

Type
3-bed apartment
Size
1,861 sqft
Floor
17th of 19
Parking
P-306, P-307
Developer
Nshmi Development
Completed
2019
Service charge
AED 28,900 /yr
Last sold
AED 1.99M · March 2016
Building
Warda 1

About 1704, Warda 1

1704 is a three-bedroom apartment of 1,861 sqft on the 17th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 28 March 2016 for AED 1,992,888, or AED 1,071 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 30 July 2025, is AED 130,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 28,900 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, March 2016: AED 1,992,888 (AED 1,071 per sqft)

1704 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1704, 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, August 2021: AED 65,000 a yearRenewal, August 2022: AED 71,454 a yearRenewal, June 2023: AED 95,000 a yearRenewal, June 2024: AED 110,000 a yearNew contract, July 2025: AED 130,000 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 1704 sits

All 35 3-beds →

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 17th floor

All 153 units in Warda 1
Value
17013-bedAED 2.16M · Mar 2016
17022-bedAED 1.24M · Mar 2016
17032-bedAED 1.24M · Mar 2016
17052-bedAED 1.27M · Mar 2016
17062-bedAED 984K · Mar 2016
17072-bedAED 983K · Mar 2016
17082-bedAED 1.26M · Mar 2016

1704, Warda 1 in numbers

  • Sold once: by Nshmi Development on 28 March 2016 for AED 1,992,888, or AED 1,071 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 65,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 28,900 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 30 July 2025.

Questions about 1704, Warda 1

What did unit 1704 last sell for?

AED 1,992,888 on 28 March 2016, sold by the developer: AED 1,071 per sqft for 1,861 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 130,000 a year on the contract signed on 30 July 2025. The previous contract, from June 2024, was AED 110,000; the unit has been rented since August 2021.

How big is unit 1704?

1,861 sqft (172.9 sqm): a three-bedroom apartment on the 17th floor of a 19-storey tower completed in 2019.

What is unit 1704 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 1704, Warda 1

Starts from the last sale price (AED 1.99M, 28 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,992,888
Deposit, UAE resident (20%)
AED 398,578
Deposit, non-resident (40%)
AED 797,155
Monthly over 25 years at 3.7%
AED 8,154

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