2-bed · 1,599 sqftWarda 2, Town Square · 1st floor · completed 2019

119, Warda 2

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 1.35M12 January 2024
Current rentAED 99K /yr12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Warda 2

What is 119 worth today?

Last sold for AED 1,350,000 in 2024

Unlock today's estimate, updated daily, with

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

12 Jan 2024SoldReady
AED 1,350,000AED 844 per sqft
12 Jan 2024RentedNew contract
AED 99,465/yr6 months · AED 62 per sqft
1 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 24 per sqft
14 Sep 2020SoldReady
AED 660,000AED 412 per sqft
12 Mar 2020RentedNew contract
AED 52,000/yr12 months · AED 32 per sqft
3 Nov 2016Sold by developerOff-plan
AED 1,146,888AED 717 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
2-bed apartment
Size
1,599 sqft
Floor
1st of 6
Parking
P-373
Developer
Nshmi Development
Completed
2019
Service charge
AED 24,800 /yr
Last sold
AED 1.35M · January 2024
Building
Warda 2

About 119, Warda 2

119 is a two-bedroom apartment of 1,599 sqft on the 1st floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 12 January 2024 for AED 1,350,000, or AED 844 per sqft, in line with the AED 844 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 12 January 2024, is AED 99,465 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 24,800 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical two-bed in Warda 2
1M2016201920222025Typical 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, November 2016: AED 1,146,888 (AED 717 per sqft)Sold, September 2020: AED 660,000 (AED 412 per sqft)Sold, January 2024: AED 1,350,000 (AED 844 per sqft)

119 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 119, each contractTypical two-bed in Warda 2
50K100K2020202220242026Typical 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 87,000New contract, March 2020: AED 52,000 a yearNew contract, November 2020: AED 38,000 a yearNew contract, January 2024: AED 99,465 a year

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 119 sits

All 65 2-beds →

119 last sold in January 2024 at AED 844 per sqft, in line with what two-beds in Warda 2 were fetching at the time (AED 844). 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. 119's AED 99,465 is in the upper half of that range.

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

119, Warda 2 in numbers

  • Sold 3 times: first on 3 November 2016 for AED 1,146,888, last on 12 January 2024 for AED 1,350,000 (AED 844 per sqft).
  • Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 52,000 to AED 38,000 in 2020 and recovered to AED 99,465 by January 2024.
  • At AED 99,465 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 24,800 a year (AED 15.52 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 12 January 2024.

Questions about 119, Warda 2

What did unit 119 last sell for?

AED 1,350,000 on 12 January 2024: AED 844 per sqft for 1,599 sqft. The unit has 3 registered sales; the first was AED 1,146,888 in November 2016.

What is the rent for unit 119?

AED 99,465 a year on the contract signed on 12 January 2024. The previous contract, from November 2020, was AED 38,000; the unit has been rented since March 2020.

How big is unit 119?

1,599 sqft (148.6 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 119 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.

Selling 119? 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 119, Warda 2

Starts from the last sale price (AED 1.35M, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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