3-bed · 1,775 sqftWarda 1, Town Square · 6th floor · completed 2019

601, Warda 1

Sold prices and rental history: sold twice, last in June 2024, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 2.2M6 June 2024
Current rentAED 120K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Warda 1

What is 601 worth today?

Last sold for AED 2,200,000 in 2024

Unlock today's estimate, updated daily, with

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

6 Jun 2024SoldReady
AED 2,200,000AED 1,239 per sqft
10 May 2023RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
3 Feb 2021Sold by developerReady
AED 1,599,888AED 901 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
3-bed apartment
Size
1,775 sqft
Floor
6th of 19
Parking
P-353, P-354
Developer
Nshmi Development
Completed
2019
Service charge
AED 27,500 /yr
Last sold
AED 2.2M · June 2024
Building
Warda 1

About 601, Warda 1

601 is a three-bedroom apartment of 1,775 sqft on the 6th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 6 June 2024 for AED 2,200,000, or AED 1,239 per sqft, 32% above the AED 938 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2023. The current contract, signed on 10 May 2023, is AED 120,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 27,500 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical three-bed in Warda 1
1.5M2M2016201920222025Typical 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, February 2021: AED 1,599,888 (AED 901 per sqft)Sold, June 2024: AED 2,200,000 (AED 1,239 per sqft)

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

Rents
Unit 601, 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, May 2023: AED 120,000 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 601 sits

All 35 3-beds →

601 last sold in June 2024 at AED 1,239 per sqft, 32% above 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 6th floor

All 153 units in Warda 1
Value
6022-bedAED 1.09M · Dec 2020
6032-bedAED 1.05M · Jun 2024
6043-bedAED 1.81M · Jul 2018
6052-bedAED 889K · Jul 2020
6062-bedAED 921K · Mar 2018
6072-bedAED 904K · Mar 2018
6082-bedAED 901K · Jul 2020

601, Warda 1 in numbers

  • Sold twice: first on 3 February 2021 for AED 1,599,888, last on 6 June 2024 for AED 2,200,000 (AED 1,239 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 27,500 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 6 June 2024.

Questions about 601, Warda 1

What did unit 601 last sell for?

AED 2,200,000 on 6 June 2024: AED 1,239 per sqft for 1,775 sqft. The unit has 2 registered sales; the first was AED 1,599,888 in February 2021.

What is the rent for unit 601?

AED 120,000 a year on the contract signed on 10 May 2023.

How big is unit 601?

1,775 sqft (164.9 sqm): a three-bedroom apartment on the 6th floor of a 19-storey tower completed in 2019.

What is unit 601 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.

Selling 601? 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 601, Warda 1

Starts from the last sale price (AED 2.2M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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