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2-bed · 1,567 sqftWarda 2, Town Square · 1st floor · completed 2019

124, Warda 2

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 1.38M23 June 2025
Current rentAED 90K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Warda 2

What is 124 worth today?

Last sold for AED 1,380,000 in 2025

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23 Jun 2025SoldReady
AED 1,380,000AED 880 per sqft
1 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
1 Oct 2023RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
26 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
26 Jul 2021RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
26 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 35 per sqft
14 Jul 2020Sold by developerReady
AED 950,888AED 606 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
2-bed apartment
Size
1,567 sqft
Floor
1st of 6
Parking
B-21
Developer
Nshmi Development
Completed
2019
Service charge
AED 24,300 /yr
Last sold
AED 1.38M · June 2025
Building
Warda 2

About 124, Warda 2

124 is a two-bedroom apartment of 1,567 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 23 June 2025 for AED 1,380,000, or AED 880 per sqft, 18% below the AED 1,071 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 90,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 24,300 a year.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical two-bed in Warda 2
750K1M1.25M2016201920222025Typical 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, July 2020: AED 950,888 (AED 606 per sqft)Sold, June 2025: AED 1,380,000 (AED 880 per sqft)

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

Rents
Unit 124, each contractTypical two-bed in Warda 2
50K75K2020202220242026Typical 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, July 2020: AED 55,000 a yearRenewal, July 2021: AED 55,000 a yearRenewal, July 2022: AED 55,000 a yearNew contract, October 2023: AED 90,000 a yearNew contract, October 2024: AED 90,000 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 124 sits

All 65 2-beds →

124 last sold in June 2025 at AED 880 per sqft, 18% below what two-beds in Warda 2 were fetching at the time (AED 1,071). 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. 124's AED 90,000 is in the lower 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

124, Warda 2 in numbers

  • Sold twice: first on 14 July 2020 for AED 950,888, last on 23 June 2025 for AED 1,380,000 (AED 880 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 55,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 24,300 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 23 June 2025.

Questions about 124, Warda 2

What did unit 124 last sell for?

AED 1,380,000 on 23 June 2025: AED 880 per sqft for 1,567 sqft. The unit has 2 registered sales; the first was AED 950,888 in July 2020.

What is the rent for unit 124?

AED 90,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 90,000; the unit has been rented since July 2020.

How big is unit 124?

1,567 sqft (145.6 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 124 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 124, Warda 2

Starts from the last sale price (AED 1.38M, 23 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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