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2-bed · 987 sqftWarda 2, Town Square · 2nd floor · completed 2019

214, Warda 2

Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.05M15 July 2024
Current rentAED 50K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, Warda 2

What is 214 worth today?

Last sold for AED 1,050,000 in 2024

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15 Jul 2024SoldReady
AED 1,050,000AED 1,063 per sqft
15 Jul 2023RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
15 Jul 2022RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
15 Jul 2021RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
2 Mar 2021Sold by developerReady
AED 850,888AED 861 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
987 sqft
Floor
2nd of 6
Parking
P-336
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,300 /yr
Last sold
AED 1.05M · July 2024
Building
Warda 2

About 214, Warda 2

214 is a two-bedroom apartment of 987 sqft on the 2nd floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 15 July 2024 for AED 1,050,000, or AED 1,063 per sqft, 19% above the AED 897 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 50,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, March 2021: AED 850,888 (AED 861 per sqft)Sold, July 2024: AED 1,050,000 (AED 1,063 per sqft)

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

Rents
Unit 214, 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 87,000New contract, July 2021: AED 45,000 a yearRenewal, July 2022: AED 50,000 a yearRenewal, July 2023: AED 50,000 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 214 sits

All 65 2-beds →

214 last sold in July 2024 at AED 1,063 per sqft, 19% above what two-beds in Warda 2 were fetching at the time (AED 897). 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. 214's AED 50,000 is at the bottom 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 2nd floor

All 119 units in Warda 2
Value
2011-bedAED 656K · Jul 2016
2021-bedAED 655K · Jul 2016
2032-bedAED 1.28M · Jul 2025
2041-bedAED 550K · Feb 2023
2051-bedAED 651K · Aug 2016
2061-bedAED 805K · Jun 2025
2071-bedAED 654K · Aug 2016
1–7 of 27

214, Warda 2 in numbers

  • Sold twice: first on 2 March 2021 for AED 850,888, last on 15 July 2024 for AED 1,050,000 (AED 1,063 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 45,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 15,300 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 15 July 2024.

Questions about 214, Warda 2

What did unit 214 last sell for?

AED 1,050,000 on 15 July 2024: AED 1,063 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 850,888 in March 2021.

What is the rent for unit 214?

AED 50,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 50,000; the unit has been rented since July 2021.

How big is unit 214?

987 sqft (91.7 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 214 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 214, Warda 2

Starts from the last sale price (AED 1.05M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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