3-bed · 2,049 sqftWarda 1, Town Square · 2nd floor · completed 2019

201, Warda 1

Sold prices and rental history: sold twice, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 27 March 2024
Last soldAED 1.8M27 March 2024
Current rentAED 80K /yr16 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Warda 1

What is 201 worth today?

Last sold for AED 1,800,000 in 2024

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27 Mar 2024SoldReady
AED 1,800,000AED 878 per sqft
16 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 39 per sqft
16 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 37 per sqft
26 Jan 2021Sold by developerReady
AED 1,620,888AED 790 per sqft

Source: Dubai Land Department. Updated 27 March 2024.

Key facts

Type
3-bed apartment
Size
2,049 sqft
Floor
2nd of 19
Parking
G-62, G-63
Developer
Nshmi Development
Completed
2019
Service charge
AED 31,800 /yr
Last sold
AED 1.8M · March 2024
Building
Warda 1

About 201, Warda 1

201 is a three-bedroom apartment of 2,049 sqft on the 2nd floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 27 March 2024 for AED 1,800,000, or AED 878 per sqft, 9% below the AED 962 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 16 February 2023, is AED 80,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 31,800 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, January 2021: AED 1,620,888 (AED 790 per sqft)Sold, March 2024: AED 1,800,000 (AED 878 per sqft)

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

Rents
Unit 201, each contractTypical three-bed in Warda 1
75K100K125K2020202220242026Typical 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 117,500New contract, February 2021: AED 75,000 a yearRenewal, February 2023: AED 80,000 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 201 sits

All 35 3-beds →

201 last sold in March 2024 at AED 878 per sqft, 9% below what three-beds in Warda 1 were fetching at the time (AED 962). 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 2nd floor

All 153 units in Warda 1
Value
2022-bedAED 850K · Dec 2022
2032-bedAED 860K · Feb 2023
2043-bedAED 1.87M · Sep 2023
2052-bedAED 1.21M · Sep 2017
2061-bedAED 602K · Apr 2016
2071-bedAED 604K · Mar 2016
208AED 1.17M · Oct 2017

201, Warda 1 in numbers

  • Sold twice: first on 26 January 2021 for AED 1,620,888, last on 27 March 2024 for AED 1,800,000 (AED 878 per sqft).
  • Rented since February 2021 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 31,800 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 27 March 2024.

Questions about 201, Warda 1

What did unit 201 last sell for?

AED 1,800,000 on 27 March 2024: AED 878 per sqft for 2,049 sqft. The unit has 2 registered sales; the first was AED 1,620,888 in January 2021.

What is the rent for unit 201?

AED 80,000 a year on the contract renewed on 16 February 2023. The previous contract, from February 2021, was AED 75,000.

How big is unit 201?

2,049 sqft (190.4 sqm): a three-bedroom apartment on the 2nd floor of a 19-storey tower completed in 2019.

What is unit 201 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 201, Warda 1

Starts from the last sale price (AED 1.8M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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