1-bed · 614 sqftWarda 2, Town Square · 3rd floor · completed 2019

308, 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 308 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 676K9 August 2016
Current rentAED 53K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Warda 2

What is 308 worth today?

Last sold for AED 675,888 in 2016

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15 Oct 2026RentedRenewal
AED 52,920/yr12 months · AED 86 per sqft
15 Oct 2025RentedRenewal
AED 50,400/yr12 months · AED 82 per sqft
15 Oct 2024RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft
15 Oct 2023RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
15 Oct 2022RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
1 Oct 2021RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
25 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
9 Aug 2016Sold by developerOff-plan
AED 675,888AED 1,101 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
3rd of 6
Parking
B-4
Developer
Nshmi Development
Completed
2019
Service charge
AED 9,500 /yr
Last sold
AED 676K · August 2016
Building
Warda 2

About 308, Warda 2

308 is a one-bedroom apartment of 614 sqft on the 3rd floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 9 August 2016 for AED 675,888, or AED 1,101 per sqft, in line with the AED 1,071 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 52,920 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 9,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Warda 2
600K800K2016201920222025Typical sale price by year: 2016 AED 668,888; 2019 AED 547,888; 2020 AED 615,888; 2023 AED 650,000; 2025 AED 840,000Sold by developer, August 2016: AED 675,888 (AED 1,101 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Warda 2
40K60K2020202220242026Typical rent by year: 2020 AED 35,000; 2021 AED 34,000; 2022 AED 38,800; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 60,000; 2026 AED 60,000New contract, August 2020: AED 32,000 a yearNew contract, October 2021: AED 34,000 a yearNew contract, October 2022: AED 42,000 a yearRenewal, October 2023: AED 45,000 a yearRenewal, October 2024: AED 48,000 a yearRenewal, October 2025: AED 50,400 a yearRenewal, October 2026: AED 52,920 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Warda 2, and where 308 sits

All 44 1-beds →

308 last sold in August 2016 at AED 1,101 per sqft, in line with what one-beds in Warda 2 were fetching at the time (AED 1,071). Over the last 12 months one-beds sold for AED 840,000 to 900,000, around AED 1,268 per sqft, and rent for AED 47,311 to 80,000 a year. 308's AED 52,920 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026850,000
1 Oct 2026850,000
16 Dec 2025840,000
3 Dec 2025900,000
4 1-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 3rd floor

All 119 units in Warda 2
Value
3011-bedAED 815K · May 2025
3021-bedAED 498K · Feb 2020
3032-bedAED 936K · Jul 2016
3041-bedAED 840K · Dec 2025
3051-bedAED 659K · Aug 2016
3061-bedAED 659K · Aug 2016
3071-bedAED 850K · Oct 2026
1–7 of 26

308, Warda 2 in numbers

  • Sold once: by Nshmi Development on 9 August 2016 for AED 675,888, or AED 1,101 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 32,000 to AED 52,920 a year.
  • At AED 52,920 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 9,500 a year (AED 15.52 per sqft).
  • One-beds in Warda 2 sold for AED 840,000–900,000 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 October 2026.

Questions about 308, Warda 2

What did unit 308 last sell for?

AED 675,888 on 9 August 2016, sold by the developer: AED 1,101 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 52,920 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 50,400; the unit has been rented since August 2020.

How big is unit 308?

614 sqft (57.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Warda 2 sold for AED 840,000 to 900,000 in the last 12 months, around AED 1,268 per sqft.

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Mortgage on 308, Warda 2

Starts from the last sale price (AED 676K, 9 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 675,888
Deposit, UAE resident (20%)
AED 135,178
Deposit, non-resident (40%)
AED 270,355
Monthly over 25 years at 3.7%
AED 2,765

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