2-bed · 1,026 sqftWarda 2, Town Square · 2nd floor · completed 2019

227, Warda 2

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

Unit 227 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 1.07M29 January 2025
Current rentAED 55K /yr27 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 227, Warda 2

What is 227 worth today?

Last sold for AED 1,065,000 in 2025

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29 Jan 2025SoldReady
AED 1,065,000AED 1,038 per sqft
27 Jan 2024RentedRenewal
AED 54,570/yr12 months · AED 53 per sqft
27 Jan 2023RentedRenewal
AED 51,975/yr12 months · AED 51 per sqft
27 Jan 2022RentedRenewal
AED 47,250/yr12 months · AED 46 per sqft
27 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
15 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
24 Jul 2016Sold by developerOff-plan
AED 978,888AED 965 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
1,026 sqft
Floor
2nd of 6
Parking
B-347
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,900 /yr
Last sold
AED 1.07M · January 2025
Building
Warda 2

About 227, Warda 2

227 is a two-bedroom apartment of 1,026 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 29 January 2025 for AED 1,065,000, or AED 1,038 per sqft, in line with the AED 1,050 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 27 January 2024, is AED 54,570 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 15,900 a year.

Sales and rents for 227 over time

Sales
Unit 227, 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, July 2016: AED 978,888 (AED 965 per sqft)Sold, January 2025: AED 1,065,000 (AED 1,038 per sqft)

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

Rents
Unit 227, 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, March 2020: AED 60,000 a yearNew contract, January 2021: AED 45,000 a yearRenewal, January 2022: AED 47,250 a yearRenewal, January 2023: AED 51,975 a yearRenewal, January 2024: AED 54,570 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 227 sits

All 65 2-beds →

227 last sold in January 2025 at AED 1,038 per sqft, in line with what two-beds in Warda 2 were fetching at the time (AED 1,050). 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. 227's AED 54,570 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

227, Warda 2 in numbers

  • Sold twice: first on 24 July 2016 for AED 978,888, last on 29 January 2025 for AED 1,065,000 (AED 1,038 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 54,570 by January 2024.
  • At AED 54,570 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 15,900 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 29 January 2025.

Questions about 227, Warda 2

What did unit 227 last sell for?

AED 1,065,000 on 29 January 2025: AED 1,038 per sqft for 1,026 sqft. The unit has 2 registered sales; the first was AED 978,888 in July 2016.

What is the rent for unit 227?

AED 54,570 a year on the contract renewed on 27 January 2024. The previous contract, from January 2023, was AED 51,975; the unit has been rented since March 2020.

How big is unit 227?

1,026 sqft (95.3 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 227 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 227, Warda 2

Starts from the last sale price (AED 1.07M, 29 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

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