2-bed · 966 sqftWarda 2, Town Square · 3rd floor · completed 2019

311, 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.

Unit 311 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 886K14 July 2016
Current rentAED 80K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Warda 2

What is 311 worth today?

Last sold for AED 885,888 in 2016

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5 Aug 2026RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
5 Aug 2025RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
5 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
1 Aug 2023RentedRenewal
AED 51,975/yr12 months · AED 53 per sqft
1 Aug 2022RentedRenewal
AED 47,250/yr12 months · AED 48 per sqft
1 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
26 Jul 2020RentedNew contract
AED 41,000/yr12 months · AED 42 per sqft
14 Jul 2016Sold by developerOff-plan
AED 885,888AED 916 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
3rd of 6
Parking
B-6
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,000 /yr
Last sold
AED 886K · July 2016
Building
Warda 2

About 311, Warda 2

311 is a two-bedroom apartment of 966 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 14 July 2016 for AED 885,888, or AED 916 per sqft, in line with the AED 912 two-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 5 August 2026, is AED 80,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 15,000 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 885,888 (AED 916 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Warda 2
50K75K2020202220242026Typical 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, July 2020: AED 41,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 47,250 a yearRenewal, August 2023: AED 51,975 a yearNew contract, August 2024: AED 80,000 a yearRenewal, August 2025: AED 80,000 a yearRenewal, August 2026: 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 311 sits

All 65 2-beds →

311 last sold in July 2016 at AED 916 per sqft, in line with 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. 311'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 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

311, Warda 2 in numbers

  • Sold once: by Nshmi Development on 14 July 2016 for AED 885,888, or AED 916 per sqft.
  • Rented since July 2020 on 7 Ejari contracts, from AED 41,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 9.0%, before a service charge of about AED 15,000 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 5 August 2026.

Questions about 311, Warda 2

What did unit 311 last sell for?

AED 885,888 on 14 July 2016, sold by the developer: AED 916 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 80,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since July 2020.

How big is unit 311?

966 sqft (89.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 311 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 311, Warda 2

Starts from the last sale price (AED 886K, 14 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 885,888
Deposit, UAE resident (20%)
AED 177,178
Deposit, non-resident (40%)
AED 354,355
Monthly over 25 years at 3.7%
AED 3,624

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