2-bed · 1,025 sqftWarda 1, Town Square · 2nd floor · completed 2019

203, Warda 1

Sold prices and rental history: sold twice, last in February 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 860K1 February 2023
Current rentAED 53K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Warda 1

What is 203 worth today?

Last sold for AED 860,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2023SoldReady
AED 860,000AED 839 per sqft
15 Dec 2022RentedNew contract
AED 52,800/yr9 months · AED 52 per sqft
15 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 47 per sqft
15 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 47 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,065,888AED 1,135 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,025 sqft
Floor
2nd of 19
Parking
P-265,P-414
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,900 /yr
Last sold
AED 860K · February 2023
Building
Warda 1

About 203, Warda 1

203 is a two-bedroom apartment of 1,025 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 1 February 2023 for AED 860,000, or AED 839 per sqft, in line with the AED 828 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 December 2022, is AED 52,800 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 15,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, April 2016: AED 1,065,888 (AED 1,135 per sqft)Sold, February 2023: AED 860,000 (AED 839 per sqft)

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

Rents
Unit 203, 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 2020: AED 48,000 a yearRenewal, September 2021: AED 48,000 a yearNew contract, December 2022: AED 52,800 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 203 sits

All 98 2-beds →

203 last sold in February 2023 at AED 839 per sqft, in line with what two-beds in Warda 1 were fetching at the time (AED 828). 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. 203's AED 52,800 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 2nd floor

All 153 units in Warda 1
Value
2013-bedAED 1.8M · Mar 2024
2022-bedAED 850K · Dec 2022
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

203, Warda 1 in numbers

  • Sold twice: first on 14 April 2016 for AED 1,065,888, last on 1 February 2023 for AED 860,000 (AED 839 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 48,000 to AED 52,800 a year.
  • At AED 52,800 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 15,900 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 February 2023.

Questions about 203, Warda 1

What did unit 203 last sell for?

AED 860,000 on 1 February 2023: AED 839 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 1,065,888 in April 2016.

What is the rent for unit 203?

AED 52,800 a year on the contract signed on 15 December 2022. The previous contract, from September 2021, was AED 48,000; the unit has been rented since September 2020.

How big is unit 203?

1,025 sqft (95.2 sqm): a two-bedroom apartment on the 2nd floor of a 19-storey tower completed in 2019.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Warda 1

Starts from the last sale price (AED 860K, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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