2-bed · 1,275 sqftWarda 1, Town Square · 3rd floor · completed 2019

305, Warda 1

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

Unit 305 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 926K6 December 2020
Current rentAED 72K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Warda 1

What is 305 worth today?

Last sold for AED 925,888 in 2020

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1 Apr 2025RentedRenewal
AED 72,000/yr12 months · AED 57 per sqft
1 Apr 2024RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
1 Apr 2023RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
1 Apr 2022RentedNew contract
AED 63,000/yr12 months · AED 50 per sqft
1 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 43 per sqft
6 Dec 2020Sold by developerReady
AED 925,888AED 726 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,275 sqft
Floor
3rd of 19
Parking
P-437
Developer
Nshmi Development
Completed
2019
Service charge
AED 19,800 /yr
Last sold
AED 926K · December 2020
Building
Warda 1

About 305, Warda 1

305 is a two-bedroom apartment of 1,275 sqft on the 3rd floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 6 December 2020 for AED 925,888, or AED 726 per sqft, 9% below the AED 801 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 72,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 19,800 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, December 2020: AED 925,888 (AED 726 per sqft)

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

Rents
Unit 305, 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, April 2021: AED 55,000 a yearNew contract, April 2022: AED 63,000 a yearRenewal, April 2023: AED 68,000 a yearRenewal, April 2024: AED 68,000 a yearRenewal, April 2025: AED 72,000 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 305 sits

All 98 2-beds →

305 last sold in December 2020 at AED 726 per sqft, 9% below what two-beds in Warda 1 were fetching at the time (AED 801). 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. 305's AED 72,000 is in the lower half 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 3rd floor

All 153 units in Warda 1
Value
3013-bedAED 1.75M · Jun 2024
3022-bedAED 710K · Nov 2020
3032-bedAED 1.15M · Dec 2020
3043-bedAED 1.77M · Dec 2016
3061-bedAED 920K · Dec 2025
3071-bedAED 750K · Dec 2024
3081-bedAED 608K · Mar 2016
1–7 of 8

305, Warda 1 in numbers

  • Sold once: by Nshmi Development on 6 December 2020 for AED 925,888, or AED 726 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 55,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 19,800 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 April 2025.

Questions about 305, Warda 1

What did unit 305 last sell for?

AED 925,888 on 6 December 2020, sold by the developer: AED 726 per sqft for 1,275 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 72,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 68,000; the unit has been rented since April 2021.

How big is unit 305?

1,275 sqft (118.5 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2019.

What is unit 305 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 305, Warda 1

Starts from the last sale price (AED 926K, 6 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 925,888
Deposit, UAE resident (20%)
AED 185,178
Deposit, non-resident (40%)
AED 370,355
Monthly over 25 years at 3.7%
AED 3,788

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