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2-bed · 977 sqftWarda 2, Town Square · 2nd floor · completed 2019

219, Warda 2

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 219 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 834K27 June 2016
Current rentAED 80K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 219, Warda 2

What is 219 worth today?

Last sold for AED 833,888 in 2016

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20 Oct 2024RentedRenewal
AED 80,000/yr12 months · AED 81 per sqft
20 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
18 Jul 2022RentedNew contract
AED 84,000/yr12 months · AED 85 per sqft
20 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 43 per sqft
27 Jun 2016Sold by developerOff-plan
AED 833,888AED 853 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
977 sqft
Floor
2nd of 6
Parking
P-369
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,200 /yr
Last sold
AED 834K · June 2016
Building
Warda 2

About 219, Warda 2

219 is a two-bedroom apartment of 977 sqft on the 2nd floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 27 June 2016 for AED 833,888, or AED 853 per sqft, in line with the AED 860 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 80,000 a year: a gross yield of 9.6% on the 2016 price, before the service charge of about AED 15,200 a year.

Sales and rents for 219 over time

Sales
Unit 219, 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, June 2016: AED 833,888 (AED 853 per sqft)

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

Rents
Unit 219, 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, September 2020: AED 43,000 a yearNew contract, July 2022: AED 84,000 a yearNew contract, October 2023: AED 80,000 a yearRenewal, October 2024: AED 80,000 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 219 sits

All 65 2-beds →

219 last sold in June 2016 at AED 853 per sqft, in line with what two-beds in Warda 2 were fetching at the time (AED 860). 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. 219's AED 80,000 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 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

219, Warda 2 in numbers

  • Sold once: by Nshmi Development on 27 June 2016 for AED 833,888, or AED 853 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 43,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 9.6%, before a service charge of about AED 15,200 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 20 October 2024.

Questions about 219, Warda 2

What did unit 219 last sell for?

AED 833,888 on 27 June 2016, sold by the developer: AED 853 per sqft for 977 sqft. It is the only registered sale of the unit.

What is the rent for unit 219?

AED 80,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since September 2020.

How big is unit 219?

977 sqft (90.8 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 219 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 219, Warda 2

Starts from the last sale price (AED 834K, 27 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 833,888
Deposit, UAE resident (20%)
AED 166,778
Deposit, non-resident (40%)
AED 333,555
Monthly over 25 years at 3.7%
AED 3,412

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