3-bed · 2,121 sqftWarda 2, Town Square · 1st floor · completed 2019

122, Warda 2

Sold prices and rental history: sold twice, last in April 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 18 April 2023
Last soldAED 1.39M18 April 2023
Current rentAED 88K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Warda 2

What is 122 worth today?

Last sold for AED 1,390,000 in 2023

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18 Apr 2023SoldReady
AED 1,390,000AED 655 per sqft
25 Mar 2022RentedNew contract
AED 88,000/yr12 months · AED 41 per sqft
27 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 33 per sqft
10 Nov 2016Sold by developerOff-plan
AED 1,562,888AED 744 per sqft

Source: Dubai Land Department. Updated 18 April 2023.

Key facts

Type
3-bed apartment
Size
2,121 sqft
Floor
1st of 6
Parking
P-260
Developer
Nshmi Development
Completed
2019
Service charge
AED 32,900 /yr
Last sold
AED 1.39M · April 2023
Building
Warda 2

About 122, Warda 2

122 is a three-bedroom apartment of 2,121 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 18 April 2023 for AED 1,390,000, or AED 655 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 March 2022, is AED 88,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 32,900 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical three-bed in Warda 2
1.4M1.5M20162018202020222024Typical sale price by year: 2017 AED 1,543,888; 2023 AED 1,400,000Sold by developer, November 2016: AED 1,562,888 (AED 744 per sqft)Sold, April 2023: AED 1,390,000 (AED 655 per sqft)

122 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 122, each contractTypical three-bed in Warda 2
100K2020202220242026Typical rent by year: 2020 AED 62,500; 2021 AED 70,000; 2022 AED 88,000; 2023 AED 89,357; 2024 AED 98,000; 2025 AED 120,000; 2026 AED 119,824New contract, January 2021: AED 70,000 a yearNew contract, March 2022: AED 88,000 a year

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

3-beds in Warda 2, and where 122 sits

All 10 3-beds →

Over the last 12 months three-beds sold for AED 2,000,000, around AED 1,378 per sqft, and rent for AED 96,000 to 132,000 a year. 122's AED 88,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Jun 20262,000,000
7 Jul 20251,900,000
22 Sep 20231,550,000
31 Mar 20231,400,000
1 3-bed sale 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

122, Warda 2 in numbers

  • Sold twice: first on 10 November 2016 for AED 1,562,888, last on 18 April 2023 for AED 1,390,000 (AED 655 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 70,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 32,900 a year (AED 15.52 per sqft).
  • Three-beds in Warda 2 sold for AED 2,000,000–2,000,000 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 18 April 2023.

Questions about 122, Warda 2

What did unit 122 last sell for?

AED 1,390,000 on 18 April 2023: AED 655 per sqft for 2,121 sqft. The unit has 2 registered sales; the first was AED 1,562,888 in November 2016.

What is the rent for unit 122?

AED 88,000 a year on the contract signed on 25 March 2022. The previous contract, from January 2021, was AED 70,000.

How big is unit 122?

2,121 sqft (197.0 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Warda 2 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,378 per sqft.

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Mortgage on 122, Warda 2

Starts from the last sale price (AED 1.39M, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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