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2-bed · 986 sqftWarda 1, Town Square · 18th floor · completed 2019

1803, Warda 1

Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 16 September 2023
Last soldAED 923K8 July 2020
Current rentAED 66K /yr16 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1803, Warda 1

What is 1803 worth today?

Last sold for AED 922,888 in 2020

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16 Sep 2023RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
16 Sep 2022RentedNew contract
AED 66,000/yr12 months · AED 67 per sqft
14 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
8 Jul 2020Sold by developerReady
AED 922,888AED 936 per sqft

Source: Dubai Land Department. Updated 16 September 2023.

Key facts

Type
2-bed apartment
Size
986 sqft
Floor
18th of 19
Parking
P-390
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,300 /yr
Last sold
AED 923K · July 2020
Building
Warda 1

About 1803, Warda 1

1803 is a two-bedroom apartment of 986 sqft on the 18th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 8 July 2020 for AED 922,888, or AED 936 per sqft, 16% above the AED 809 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 September 2023, is AED 66,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, July 2020: AED 922,888 (AED 936 per sqft)

1803 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, 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, September 2021: AED 65,000 a yearNew contract, September 2022: AED 66,000 a yearRenewal, September 2023: AED 66,000 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 1803 sits

All 98 2-beds →

1803 last sold in July 2020 at AED 936 per sqft, 16% above what two-beds in Warda 1 were fetching at the time (AED 809). 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. 1803's AED 66,000 is at the bottom 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 18th floor

All 153 units in Warda 1
Value
18013-bedAED 2.35M · Dec 2024
1802AED 1.47M · Sep 2025
18043-bedAED 2.35M · Jan 2025
1805AED 840K · Oct 2022
1806AED 1.45M · Oct 2025
18072-bedAED 925K · Jul 2020
18082-bedAED 865K · Mar 2022

1803, Warda 1 in numbers

  • Sold once: by Nshmi Development on 8 July 2020 for AED 922,888, or AED 936 per sqft.
  • Rented since September 2021 on 3 Ejari contracts, from AED 65,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 15,300 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 16 September 2023.

Questions about 1803, Warda 1

What did unit 1803 last sell for?

AED 922,888 on 8 July 2020, sold by the developer: AED 936 per sqft for 986 sqft. It is the only registered sale of the unit.

What is the rent for unit 1803?

AED 66,000 a year on the contract renewed on 16 September 2023. The previous contract, from September 2022, was AED 66,000; the unit has been rented since September 2021.

How big is unit 1803?

986 sqft (91.6 sqm): a two-bedroom apartment on the 18th floor of a 19-storey tower completed in 2019.

What is unit 1803 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 1803, Warda 1

Starts from the last sale price (AED 923K, 8 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 922,888
Deposit, UAE resident (20%)
AED 184,578
Deposit, non-resident (40%)
AED 369,155
Monthly over 25 years at 3.7%
AED 3,776

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