603, Warda 1
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Warda 1
What is 603 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 940 sqft
- Floor
- 6th of 19
- Parking
- P-202
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 14,600 /yr
- Last sold
- AED 1.05M · June 2024
- Building
- Warda 1
About 603, Warda 1
603 is a two-bedroom apartment of 940 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 25 June 2024 for AED 1,050,000, or AED 1,117 per sqft, 19% above the AED 940 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 July 2024, is AED 62,929 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 14,600 a year.
Sales and rents for 603 over time
603 has sold twice; the dashed line is the two-bed median of each year in the building.
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 603 sits
All 98 2-beds →603 last sold in June 2024 at AED 1,117 per sqft, 19% above what two-beds in Warda 1 were fetching at the time (AED 940). 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. 603's AED 62,929 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 941 sqft | 1,320,000 | 1,402 | ||
| 7 Jan 20267 January 2026 | 939 sqft | 1,300,000 | 1,384 | ||
| 28 Apr 202528 April 2025 | 939 sqft | 1,350,000 | 1,437 | ||
| 18 Feb 202518 February 2025 | 1,186 sqft | 1,500,000 | 1,264 |
Warda 1
Building153 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%
Other units on the 6th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,775 sqft | AED 2.2MAED 2,200,000 · Jun 2024June 2024 | 120,000 /yr | |
| 602 | 2-bed | 939 sqft | AED 1.09MAED 1,088,888 · Dec 2020December 2020 | 75,000 /yr | |
| 604 | 3-bed | 1,769 sqft | AED 1.81MAED 1,812,888 · Jul 2018July 2018 | ||
| 605 | 2-bed | 1,186 sqft | AED 889KAED 888,888 · Jul 2020July 2020 | 78,000 /yr | |
| 606 | 2-bed | 937 sqft | AED 921KAED 920,888 · Mar 2018March 2018 | 65,500 /yr | |
| 607 | 2-bed | 937 sqft | AED 904KAED 903,888 · Mar 2018March 2018 | 80,000 /yr | |
| 608 | 2-bed | 1,187 sqft | AED 901KAED 900,888 · Jul 2020July 2020 | 66,216 /yr |
603, Warda 1 in numbers
- Sold twice: first on 21 June 2018 for AED 1,179,888, last on 25 June 2024 for AED 1,050,000 (AED 1,117 per sqft).
- Rented since July 2021 on 4 Ejari contracts, from AED 47,000 to AED 62,929 a year.
- At AED 62,929 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 14,600 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 10 July 2024.
Questions about 603, Warda 1
What did unit 603 last sell for?
AED 1,050,000 on 25 June 2024: AED 1,117 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 1,179,888 in June 2018.
What is the rent for unit 603?
AED 62,929 a year on the contract signed on 10 July 2024. The previous contract, from July 2023, was AED 57,500; the unit has been rented since July 2021.
How big is unit 603?
940 sqft (87.3 sqm): a two-bedroom apartment on the 6th floor of a 19-storey tower completed in 2019.
What is unit 603 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 603, Warda 1
Starts from the last sale price (AED 1.05M, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →