2-bed · 1,062 sqftWarda 2, Town Square · 3rd floor · completed 2019

324, Warda 2

Sold prices and rental history: sold twice, last in July 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 1.17M4 July 2024
Current rentAED 70K /yr29 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, Warda 2

What is 324 worth today?

Last sold for AED 1,170,000 in 2024

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4 Jul 2024SoldReady
AED 1,170,000AED 1,101 per sqft
29 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
21 Jun 2016Sold by developerOff-plan
AED 986,888AED 951 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed apartment
Size
1,062 sqft
Floor
3rd of 6
Parking
B-349
Developer
Nshmi Development
Completed
2019
Service charge
AED 16,500 /yr
Last sold
AED 1.17M · July 2024
Building
Warda 2

About 324, Warda 2

324 is a two-bedroom apartment of 1,062 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 4 July 2024 for AED 1,170,000, or AED 1,101 per sqft, 24% above the AED 886 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 November 2022. The current contract, signed on 29 November 2022, is AED 70,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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, June 2016: AED 986,888 (AED 951 per sqft)Sold, July 2024: AED 1,170,000 (AED 1,101 per sqft)

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

Rents
Unit 324, 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, November 2022: AED 70,000 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 324 sits

All 65 2-beds →

324 last sold in July 2024 at AED 1,101 per sqft, 24% above what two-beds in Warda 2 were fetching at the time (AED 886). 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. 324's AED 70,000 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

324, Warda 2 in numbers

  • Sold twice: first on 21 June 2016 for AED 986,888, last on 4 July 2024 for AED 1,170,000 (AED 1,101 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 16,500 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 4 July 2024.

Questions about 324, Warda 2

What did unit 324 last sell for?

AED 1,170,000 on 4 July 2024: AED 1,101 per sqft for 1,062 sqft. The unit has 2 registered sales; the first was AED 986,888 in June 2016.

What is the rent for unit 324?

AED 70,000 a year on the contract signed on 29 November 2022.

How big is unit 324?

1,062 sqft (98.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 324 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 324, Warda 2

Starts from the last sale price (AED 1.17M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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