2-bed · 940 sqftWarda 1, Town Square · 3rd floor · completed 2019

302, Warda 1

Sold prices and rental history: sold twice, last in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 29 November 2020
Last soldAED 710K29 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Warda 1

What is 302 worth today?

Last sold for AED 710,000 in 2020

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29 Nov 2020SoldReady
AED 710,000AED 755 per sqft
4 Apr 2016Sold by developerOff-plan
AED 1,079,888AED 1,149 per sqft

Source: Dubai Land Department. Updated 29 November 2020.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
3rd of 19
Parking
P-435
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 710K · November 2020
Building
Warda 1

About 302, Warda 1

302 is a two-bedroom apartment of 940 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 29 November 2020 for AED 710,000, or AED 755 per sqft, 6% below the AED 805 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Warda 1
1M1.5M2016201920222025Typical 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 1,079,888 (AED 1,149 per sqft)Sold, November 2020: AED 710,000 (AED 755 per sqft)

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

Rents
Unit 302, 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 93,000

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 302 sits

All 98 2-beds →

302 last sold in November 2020 at AED 755 per sqft, 6% below what two-beds in Warda 1 were fetching at the time (AED 805). 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.

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 3rd floor

All 153 units in Warda 1
Value
3013-bedAED 1.75M · Jun 2024
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

302, Warda 1 in numbers

  • Sold twice: first on 4 April 2016 for AED 1,079,888, last on 29 November 2020 for AED 710,000 (AED 755 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 29 November 2020.

Questions about 302, Warda 1

What did unit 302 last sell for?

AED 710,000 on 29 November 2020: AED 755 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 1,079,888 in April 2016.

How big is unit 302?

940 sqft (87.3 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2019.

What is unit 302 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 302, Warda 1

Starts from the last sale price (AED 710K, 29 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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