2-bed · 1,184 sqftWarda 1, Town Square · 17th floor · completed 2019

1705, Warda 1

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.27M28 March 2016
Current rentAED 83K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Warda 1

What is 1705 worth today?

Last sold for AED 1,266,888 in 2016

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1 Mar 2025RentedRenewal
AED 83,000/yr12 months · AED 70 per sqft
18 Jul 2024RentedRenewal
AED 75,746/yr7 months · AED 64 per sqft
18 Jul 2023RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
7 Jul 2022RentedRenewal
AED 53,900/yr12 months · AED 46 per sqft
7 Jul 2021RentedNew contract
AED 49,000/yr12 months · AED 41 per sqft
4 Jul 2020RentedNew contract
AED 49,000/yr12 months · AED 41 per sqft
28 Mar 2016Sold by developerOff-plan
AED 1,266,888AED 1,069 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
17th of 19
Parking
P-250
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 1.27M · March 2016
Building
Warda 1

About 1705, Warda 1

1705 is a two-bedroom apartment of 1,184 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 1,266,888, or AED 1,069 per sqft, 9% below the AED 1,169 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 83,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical two-bed in Warda 1
1M1.25M2016201920222025Typical sale price by year: 2016 AED 1,065,888; 2017 AED 927,888; 2018 AED 932,388; 2019 AED 974,388; 2020 AED 925,888; 2021 AED 910,888; 2022 AED 857,500; 2023 AED 912,500; 2024 AED 1,162,500; 2025 AED 1,400,000Sold by developer, March 2016: AED 1,266,888 (AED 1,069 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in Warda 1
50K75K100K2020202220242026Typical rent by year: 2020 AED 47,500; 2021 AED 48,000; 2022 AED 53,000; 2023 AED 58,958; 2024 AED 70,000; 2025 AED 78,000; 2026 AED 93,000New contract, July 2020: AED 49,000 a yearNew contract, July 2021: AED 49,000 a yearRenewal, July 2022: AED 53,900 a yearNew contract, July 2023: AED 75,000 a yearRenewal, July 2024: AED 75,746 a yearRenewal, March 2025: AED 83,000 a year

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 1705 sits

All 98 2-beds →

1705 last sold in March 2016 at AED 1,069 per sqft, 9% below what two-beds in Warda 1 were fetching at the time (AED 1,169). 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. 1705's AED 83,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20261,320,000
7 Jan 20261,300,000
28 Apr 20251,350,000
18 Feb 20251,500,000
4 2-bed sales 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
17043-bedAED 1.99M · Mar 2016
17062-bedAED 984K · Mar 2016
17072-bedAED 983K · Mar 2016
17082-bedAED 1.26M · Mar 2016

1705, Warda 1 in numbers

  • Sold once: by Nshmi Development on 28 March 2016 for AED 1,266,888, or AED 1,069 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 49,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2016 price is 6.6%, 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 1 March 2025.

Questions about 1705, Warda 1

What did unit 1705 last sell for?

AED 1,266,888 on 28 March 2016, sold by the developer: AED 1,069 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 83,000 a year on the contract renewed on 1 March 2025. The previous contract, from July 2024, was AED 75,746; the unit has been rented since July 2020.

How big is unit 1705?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2019.

What is unit 1705 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 1705, Warda 1

Starts from the last sale price (AED 1.27M, 28 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,266,888
Deposit, UAE resident (20%)
AED 253,378
Deposit, non-resident (40%)
AED 506,755
Monthly over 25 years at 3.7%
AED 5,183

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