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2-bed · 952 sqftWarda 2, Town Square · 2nd floor · completed 2019

228, Warda 2

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

Unit 228 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 949K1 August 2016
Current rentAED 88K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 228, Warda 2

What is 228 worth today?

Last sold for AED 948,888 in 2016

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10 Jan 2026RentedRenewal
AED 88,000/yr12 months · AED 92 per sqft
10 Jan 2025RentedRenewal
AED 86,000/yr12 months · AED 90 per sqft
10 Jan 2024RentedNew contract
AED 84,000/yr12 months · AED 88 per sqft
10 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 58 per sqft
10 Dec 2021RentedNew contract
AED 49,500/yr12 months · AED 52 per sqft
10 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
1 Aug 2016Sold by developerOff-plan
AED 948,888AED 996 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
2-bed apartment
Size
952 sqft
Floor
2nd of 6
Parking
B-348
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,800 /yr
Last sold
AED 949K · August 2016
Building
Warda 2

About 228, Warda 2

228 is a two-bedroom apartment of 952 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 1 August 2016 for AED 948,888, or AED 996 per sqft, 11% above the AED 897 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 10 January 2026, is AED 88,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 14,800 a year.

Sales and rents for 228 over time

Sales
Unit 228, 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, August 2016: AED 948,888 (AED 996 per sqft)

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

Rents
Unit 228, 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, December 2020: AED 45,000 a yearNew contract, December 2021: AED 49,500 a yearNew contract, December 2022: AED 55,000 a yearNew contract, January 2024: AED 84,000 a yearRenewal, January 2025: AED 86,000 a yearRenewal, January 2026: AED 88,000 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 228 sits

All 65 2-beds →

228 last sold in August 2016 at AED 996 per sqft, 11% 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. 228's AED 88,000 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

228, Warda 2 in numbers

  • Sold once: by Nshmi Development on 1 August 2016 for AED 948,888, or AED 996 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 45,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2016 price is 9.3%, before a service charge of about AED 14,800 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 10 January 2026.

Questions about 228, Warda 2

What did unit 228 last sell for?

AED 948,888 on 1 August 2016, sold by the developer: AED 996 per sqft for 952 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 88,000 a year on the contract renewed on 10 January 2026. The previous contract, from January 2025, was AED 86,000; the unit has been rented since December 2020.

How big is unit 228?

952 sqft (88.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 228 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 228, Warda 2

Starts from the last sale price (AED 949K, 1 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 948,888
Deposit, UAE resident (20%)
AED 189,778
Deposit, non-resident (40%)
AED 379,555
Monthly over 25 years at 3.7%
AED 3,882

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