2-bed · 1,528 sqftWarda 2, Town Square · 1st floor · completed 2019

116, Warda 2

Sold prices and rental history: sold once, by the developer in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 19 September 2017
Last soldAED 1.09M19 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Warda 2

What is 116 worth today?

Last sold for AED 1,093,888 in 2017

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19 Sep 2017Sold by developerOff-plan
AED 1,093,888AED 715 per sqft

Source: Dubai Land Department. Updated 19 September 2017.

Key facts

Type
2-bed apartment
Size
1,528 sqft
Floor
1st of 6
Parking
P-334
Developer
Nshmi Development
Completed
2019
Service charge
AED 23,700 /yr
Last sold
AED 1.09M · September 2017
Building
Warda 2

About 116, Warda 2

116 is a two-bedroom apartment of 1,528 sqft on the 1st floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 19 September 2017 for AED 1,093,888, or AED 715 per sqft, 25% below the AED 955 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Warda 2
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 889,388; 2017 AED 1,078,388; 2018 AED 919,888; 2020 AED 930,888; 2021 AED 949,888; 2022 AED 850,000; 2023 AED 835,000; 2024 AED 980,000; 2025 AED 1,227,500Sold by developer, September 2017: AED 1,093,888 (AED 715 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Warda 2
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,150; 2022 AED 54,000; 2023 AED 59,700; 2024 AED 80,000; 2025 AED 86,000; 2026 AED 87,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Warda 2, and where 116 sits

All 65 2-beds →

116 last sold in September 2017 at AED 715 per sqft, 25% below what two-beds in Warda 2 were fetching at the time (AED 955). Over the last 12 months two-beds sold for AED 1,220,000 to 1,400,000, around AED 988 per sqft, and rent for AED 71,000 to 115,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 20261,400,000
30 Jan 20261,220,000
20 Oct 20251,245,000
13 Oct 20251,360,000
2 2-bed sales in the last 12 months

Warda 2

Building

119 apartments, 1-bed to 3-bed over 6 floors in Town Square, completed in 2019 by Nshmi Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,213
Typical sale
AED 900K
Typical rent
AED 80K /yr
Typical yield
6.8%
Warda 2, Town Square: prices, sales and rents →

Other units on the 1st floor

All 119 units in Warda 2
Value
1011-bedAED 850K · Jan 2025
1021-bedAED 650K · Nov 2023
1032-bedAED 1.15M · Oct 2017
1041-bedAED 616K · Aug 2020
1051-bedAED 900K · Dec 2025
1061-bedAED 731K · Nov 2020
1071-bedAED 731K · Nov 2020
1–7 of 27

116, Warda 2 in numbers

  • Sold once: by Nshmi Development on 19 September 2017 for AED 1,093,888, or AED 715 per sqft.
  • Two-beds in Warda 2 sold for AED 1,220,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,213 per sqft.

Source: Dubai Land Department. Updated 19 September 2017.

Questions about 116, Warda 2

What did unit 116 last sell for?

AED 1,093,888 on 19 September 2017, sold by the developer: AED 715 per sqft for 1,528 sqft. It is the only registered sale of the unit.

How big is unit 116?

1,528 sqft (142.0 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Warda 2 sold for AED 1,220,000 to 1,400,000 in the last 12 months, around AED 988 per sqft.

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Mortgage on 116, Warda 2

Starts from the last sale price (AED 1.09M, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,093,888
Deposit, UAE resident (20%)
AED 218,778
Deposit, non-resident (40%)
AED 437,555
Monthly over 25 years at 3.7%
AED 4,475

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