708, Warda 1
Sold prices and rental history: sold once, by the developer in February 2021, 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 708, Warda 1
What is 708 worth today?
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Source: Dubai Land Department. Updated 21 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,187 sqft
- Floor
- 7th of 19
- Parking
- P-453
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 18,400 /yr
- Last sold
- AED 951K · February 2021
- Building
- Warda 1
About 708, Warda 1
708 is a two-bedroom apartment of 1,187 sqft on the 7th floor of Warda 1, a 19-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 18 February 2021 for AED 950,888, or AED 800 per sqft, in line with the AED 803 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 21 July 2025, is AED 88,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 18,400 a year.
Sales and rents for 708 over time
708 has sold once; 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 708 sits
All 98 2-beds →708 last sold in February 2021 at AED 800 per sqft, in line with what two-beds in Warda 1 were fetching at the time (AED 803). 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. 708's AED 88,000 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 | |
| 702 | 2-bed | 940 sqft | AED 960KAED 960,000 · May 2024May 2024 | 90,000 /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, Warda 1 in numbers
- Sold once: by Nshmi Development on 18 February 2021 for AED 950,888, or AED 800 per sqft.
- Rented since May 2021 on 5 Ejari contracts, from AED 53,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 18,400 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 21 July 2025.
Questions about 708, Warda 1
What did unit 708 last sell for?
AED 950,888 on 18 February 2021, sold by the developer: AED 800 per sqft for 1,187 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 88,000 a year on the contract renewed on 21 July 2025. The previous contract, from July 2024, was AED 88,000; the unit has been rented since May 2021.
How big is unit 708?
1,187 sqft (110.3 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2019.
What is unit 708 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 708, Warda 1
Starts from the last sale price (AED 951K, 18 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 950,888
- Deposit, UAE resident (20%)
- AED 190,178
- Deposit, non-resident (40%)
- AED 380,355
- Monthly over 25 years at 3.7%
- AED 3,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →