3-bed · 2,037 sqftWarda 1, Town Square · 3rd floor · completed 2019

301, Warda 1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.75M3 June 2024
Current rentAED 126K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Warda 1

What is 301 worth today?

Last sold for AED 1,750,000 in 2024

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10 Sep 2024RentedNew contract
AED 126,000/yr12 months · AED 62 per sqft
3 Jun 2024SoldReady
AED 1,750,000AED 858 per sqft
10 Sep 2023RentedRenewal
AED 126,000/yr12 months · AED 62 per sqft
10 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 59 per sqft
10 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 34 per sqft
10 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 34 per sqft
11 Dec 2017Sold by developerOff-plan
AED 1,945,888AED 1,043 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
3-bed apartment
Size
2,037 sqft
Floor
3rd of 19
Parking
G-75, G-87
Developer
Nshmi Development
Completed
2019
Service charge
AED 31,600 /yr
Last sold
AED 1.75M · June 2024
Building
Warda 1

About 301, Warda 1

301 is a three-bedroom apartment of 2,037 sqft on the 3rd floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 3 June 2024 for AED 1,750,000, or AED 858 per sqft, 9% below the AED 938 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 September 2024, is AED 126,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 31,600 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, December 2017: AED 1,945,888 (AED 1,043 per sqft)Sold, June 2024: AED 1,750,000 (AED 858 per sqft)

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

Rents
Unit 301, 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 117,500New contract, August 2020: AED 70,000 a yearRenewal, August 2021: AED 70,000 a yearNew contract, September 2022: AED 120,000 a yearRenewal, September 2023: AED 126,000 a yearNew contract, September 2024: AED 126,000 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 301 sits

All 35 3-beds →

301 last sold in June 2024 at AED 858 per sqft, 9% below what three-beds in Warda 1 were fetching at the time (AED 938). 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 3rd floor

All 153 units in Warda 1
Value
3022-bedAED 710K · Nov 2020
3032-bedAED 1.15M · Dec 2020
3043-bedAED 1.77M · Dec 2016
3052-bedAED 926K · Dec 2020
3061-bedAED 920K · Dec 2025
3071-bedAED 750K · Dec 2024
3081-bedAED 608K · Mar 2016
1–7 of 8

301, Warda 1 in numbers

  • Sold twice: first on 11 December 2017 for AED 1,945,888, last on 3 June 2024 for AED 1,750,000 (AED 858 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 70,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 31,600 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 10 September 2024.

Questions about 301, Warda 1

What did unit 301 last sell for?

AED 1,750,000 on 3 June 2024: AED 858 per sqft for 2,037 sqft. The unit has 2 registered sales; the first was AED 1,945,888 in December 2017.

What is the rent for unit 301?

AED 126,000 a year on the contract signed on 10 September 2024. The previous contract, from September 2023, was AED 126,000; the unit has been rented since August 2020.

How big is unit 301?

2,037 sqft (189.2 sqm): a three-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2019.

What is unit 301 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 301, Warda 1

Starts from the last sale price (AED 1.75M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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