702, Warda 1
Sold prices and rental history: sold twice, last in May 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 702, Warda 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 940 sqft
- Floor
- 7th of 19
- Parking
- P-448
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 14,600 /yr
- Last sold
- AED 960K · May 2024
- Building
- Warda 1
About 702, Warda 1
702 is a two-bedroom apartment of 940 sqft on the 7th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 6 May 2024 for AED 960,000, or AED 1,021 per sqft, 18% above the AED 863 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 25 April 2025, is AED 90,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 14,600 a year.
Sales and rents for 702 over time
702 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 702 sits
All 98 2-beds →702 last sold in May 2024 at AED 1,021 per sqft, 18% above what two-beds in Warda 1 were fetching at the time (AED 863). 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. 702's AED 90,000 is in the lower half 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 7th floor
All 153 units in Warda 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,784 sqft | AED 1.87MAED 1,870,000 · Jun 2024June 2024 | 75,000 /yr | |
| 703 | 2-bed | 940 sqft | AED 1.14MAED 1,143,888 · Mar 2016March 2016 | 48,000 /yr | |
| 704 | 1,771 sqft | AED 1.9MAED 1,900,000 · Sep 2025September 2025 | 98,000 /yr | ||
| 705 | 2-bed | 1,186 sqft | AED 1.18MAED 1,175,000 · Sep 2024September 2024 | 110,000 /yr | |
| 706 | 2-bed | 937 sqft | AED 882KAED 881,888 · Aug 2016August 2016 | 66,000 /yr | |
| 707 | 2-bed | 937 sqft | AED 975KAED 975,000 · Jun 2024June 2024 | 61,600 /yr | |
| 708 | 2-bed | 1,187 sqft | AED 951KAED 950,888 · Feb 2021February 2021 | 88,000 /yr |
702, Warda 1 in numbers
- Sold twice: first on 8 March 2021 for AED 1,150,888, last on 6 May 2024 for AED 960,000 (AED 1,021 per sqft).
- Rented since April 2021 on 6 Ejari contracts, from AED 48,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 9.4%, 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 25 April 2025.
Questions about 702, Warda 1
What did unit 702 last sell for?
AED 960,000 on 6 May 2024: AED 1,021 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 1,150,888 in March 2021.
What is the rent for unit 702?
AED 90,000 a year on the contract signed on 25 April 2025. The previous contract, from May 2024, was AED 90,000; the unit has been rented since April 2021.
How big is unit 702?
940 sqft (87.3 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2019.
What is unit 702 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 702, Warda 1
Starts from the last sale price (AED 960K, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 960,000
- Deposit, UAE resident (20%)
- AED 192,000
- Deposit, non-resident (40%)
- AED 384,000
- Monthly over 25 years at 3.7%
- AED 3,928
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →