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2-bed · 987 sqftWarda 2, Town Square · 4th floor · completed 2019

403, Warda 2

Sold prices and rental history: sold twice, last in November 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 875K28 November 2023
Current rentAED 57K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Warda 2

What is 403 worth today?

Last sold for AED 875,000 in 2023

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28 Nov 2023SoldReady
AED 875,000AED 886 per sqft
1 Mar 2023RentedRenewal
AED 57,250/yr12 months · AED 58 per sqft
1 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
28 Jul 2016Sold by developerOff-plan
AED 929,888AED 941 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
2-bed apartment
Size
987 sqft
Floor
4th of 6
Parking
P-420
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,300 /yr
Last sold
AED 875K · November 2023
Building
Warda 2

About 403, Warda 2

403 is a two-bedroom apartment of 987 sqft on the 4th floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 28 November 2023 for AED 875,000, or AED 886 per sqft, 6% above the AED 832 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 57,250 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 929,888 (AED 941 per sqft)Sold, November 2023: AED 875,000 (AED 886 per sqft)

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

Rents
Unit 403, 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, March 2022: AED 55,000 a yearRenewal, March 2023: AED 57,250 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 403 sits

All 65 2-beds →

403 last sold in November 2023 at AED 886 per sqft, 6% above what two-beds in Warda 2 were fetching at the time (AED 832). 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. 403's AED 57,250 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 4th floor

All 119 units in Warda 2
Value
4011-bedAED 642K · Jun 2016
4021-bedAED 510K · Jul 2022
4041-bedAED 688K · Jul 2016
4051-bedAED 667K · Aug 2016
4061-bedAED 750K · Oct 2025
4071-bedAED 589K · Jun 2020
4081-bedAED 548K · Aug 2019
1–7 of 27

403, Warda 2 in numbers

  • Sold twice: first on 28 July 2016 for AED 929,888, last on 28 November 2023 for AED 875,000 (AED 886 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 55,000 to AED 57,250 a year.
  • At AED 57,250 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 15,300 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 28 November 2023.

Questions about 403, Warda 2

What did unit 403 last sell for?

AED 875,000 on 28 November 2023: AED 886 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 929,888 in July 2016.

What is the rent for unit 403?

AED 57,250 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 55,000.

How big is unit 403?

987 sqft (91.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 403 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 403, Warda 2

Starts from the last sale price (AED 875K, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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