224, Warda 2
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 224, Warda 2
What is 224 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,064 sqft
- Floor
- 2nd of 6
- Parking
- B-346
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 16,500 /yr
- Last sold
- AED 969K · July 2016
- Building
- Warda 2
About 224, Warda 2
224 is a two-bedroom apartment of 1,064 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 14 July 2016 for AED 968,888, or AED 968 per sqft, 6% above the AED 912 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 78,750 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 16,500 a year.
Sales and rents for 224 over time
224 has sold once; the dashed line is the two-bed median of each year in the building.
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 224 sits
All 65 2-beds →224 last sold in July 2016 at AED 968 per sqft, 6% above what two-beds in Warda 2 were fetching at the time (AED 912). 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. 224's AED 78,750 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,836 sqft | 1,400,000 | 762 | ||
| 30 Jan 202630 January 2026 | 1,006 sqft | 1,220,000 | 1,213 | ||
| 20 Oct 202520 October 2025 | 997 sqft | 1,245,000 | 1,248 | ||
| 13 Oct 202513 October 2025 | 998 sqft | 1,360,000 | 1,362 |
Warda 2
Building119 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%
Other units on the 2nd floor
All 119 units in Warda 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 629 sqft | AED 656KAED 655,888 · Jul 2016July 2016 | 60,000 /yr | |
| 202 | 1-bed | 647 sqft | AED 655KAED 654,888 · Jul 2016July 2016 | 60,000 /yr | |
| 203 | 2-bed | 1,025 sqft | AED 1.28MAED 1,280,000 · Jul 2025July 2025 | 90,000 /yr | |
| 204 | 1-bed | 706 sqft | AED 550KAED 550,000 · Feb 2023February 2023 | 42,000 /yr | |
| 205 | 1-bed | 605 sqft | AED 651KAED 650,888 · Aug 2016August 2016 | 55,500 /yr | |
| 206 | 1-bed | 605 sqft | AED 805KAED 805,000 · Jun 2025June 2025 | 70,000 /yr | |
| 207 | 1-bed | 614 sqft | AED 654KAED 653,888 · Aug 2016August 2016 | 44,172 /yr | |
| 208 | 1-bed | 614 sqft | AED 655KAED 655,000 · Sep 2023September 2023 | 60,000 /yr | |
| 209 | 1-bed | 709 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | 50,630 /yr | |
| 210 | 2-bed | 1,024 sqft | AED 840KAED 840,000 · Feb 2024February 2024 | 90,000 /yr | |
| 211 | 2-bed | 963 sqft | AED 832KAED 831,888 · Jul 2016July 2016 | 90,000 /yr | |
| 212 | 2-bed | 962 sqft | AED 828KAED 827,888 · Jun 2016June 2016 | 73,500 /yr | |
| 213 | 2-bed | 987 sqft | AED 846KAED 845,888 · Jan 2018January 2018 | 82,000 /yr | |
| 214 | 2-bed | 987 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 50,000 /yr | |
| 215 | 2-bed | 983 sqft | AED 1.33MAED 1,325,000 · Dec 2024December 2024 | 115,000 /yr | |
| 216 | 2-bed | 986 sqft | AED 880KAED 879,888 · Jul 2016July 2016 | 87,000 /yr | |
| 217 | 3-bed | 1,511 sqft | AED 1.3MAED 1,299,888 · Jul 2020July 2020 | 125,000 /yr | |
| 218 | 2-bed | 966 sqft | AED 1.02MAED 1,017,888 · Nov 2016November 2016 | 87,000 /yr | |
| 219 | 2-bed | 977 sqft | AED 834KAED 833,888 · Jun 2016June 2016 | 80,000 /yr | |
| 220 | 2-bed | 971 sqft | AED 1.03MAED 1,030,000 · Apr 2024April 2024 | ||
| 221 | 2-bed | 991 sqft | AED 980KAED 980,000 · Oct 2024October 2024 | 95,000 /yr | |
| 222 | 3-bed | 1,332 sqft | AED 1.23MAED 1,231,888 · Jul 2016July 2016 | 120,000 /yr | |
| 223 | 1-bed | 638 sqft | AED 465KAED 465,000 · Aug 2020August 2020 | 57,000 /yr | |
| 225 | 1-bed | 609 sqft | AED 650KAED 650,000 · Jul 2023July 2023 | 52,000 /yr | |
| 226 | 1-bed | 639 sqft | AED 711KAED 710,888 · Jul 2016July 2016 | 48,000 /yr | |
| 227 | 2-bed | 1,026 sqft | AED 1.07MAED 1,065,000 · Jan 2025January 2025 | 54,570 /yr | |
| 228 | 2-bed | 952 sqft | AED 949KAED 948,888 · Aug 2016August 2016 | 88,000 /yr |
224, Warda 2 in numbers
- Sold once: by Nshmi Development on 14 July 2016 for AED 968,888, or AED 968 per sqft.
- Rented since January 2020 on 9 Ejari contracts, from AED 50,000 to AED 78,750 a year.
- At AED 78,750 a year the gross yield on the 2016 price is 8.1%, before a service charge of about AED 16,500 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 1 August 2026.
Questions about 224, Warda 2
What did unit 224 last sell for?
AED 968,888 on 14 July 2016, sold by the developer: AED 968 per sqft for 1,064 sqft. It is the only registered sale of the unit.
What is the rent for unit 224?
AED 78,750 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 75,000; the unit has been rented since January 2020.
How big is unit 224?
1,064 sqft (98.8 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.
What is unit 224 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 224, Warda 2
Starts from the last sale price (AED 969K, 14 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 968,888
- Deposit, UAE resident (20%)
- AED 193,778
- Deposit, non-resident (40%)
- AED 387,555
- Monthly over 25 years at 3.7%
- AED 3,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →