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2-bed · 978 sqftWarda 2, Town Square · 3rd floor · completed 2019

312, Warda 2

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 835K1 November 2023
Current rentAED 53K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Warda 2

What is 312 worth today?

Last sold for AED 835,000 in 2023

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1 Nov 2023SoldReady
AED 835,000AED 854 per sqft
1 Aug 2023RentedRenewal
AED 52,800/yr12 months · AED 54 per sqft
1 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 49 per sqft
1 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
1 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
12 Oct 2016Sold by developerOff-plan
AED 850,888AED 883 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
978 sqft
Floor
3rd of 6
Parking
B-7
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,200 /yr
Last sold
AED 835K · November 2023
Building
Warda 2

About 312, Warda 2

312 is a two-bedroom apartment of 978 sqft on the 3rd floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 1 November 2023 for AED 835,000, or AED 854 per sqft, 4% above the AED 823 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 1 August 2023, is AED 52,800 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, October 2016: AED 850,888 (AED 883 per sqft)Sold, November 2023: AED 835,000 (AED 854 per sqft)

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

Rents
Unit 312, 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, August 2020: AED 42,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, August 2023: AED 52,800 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 312 sits

All 65 2-beds →

312 last sold in November 2023 at AED 854 per sqft, 4% above what two-beds in Warda 2 were fetching at the time (AED 823). 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. 312's AED 52,800 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 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

312, Warda 2 in numbers

  • Sold twice: first on 12 October 2016 for AED 850,888, last on 1 November 2023 for AED 835,000 (AED 854 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 42,000 to AED 52,800 a year.
  • At AED 52,800 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 15,200 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 November 2023.

Questions about 312, Warda 2

What did unit 312 last sell for?

AED 835,000 on 1 November 2023: AED 854 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 850,888 in October 2016.

What is the rent for unit 312?

AED 52,800 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 48,000; the unit has been rented since August 2020.

How big is unit 312?

978 sqft (90.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 312 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 312, Warda 2

Starts from the last sale price (AED 835K, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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