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1-bed · 614 sqftWarda 2, Town Square · 4th floor · completed 2019

407, Warda 2

Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 589K30 June 2020
Current rentAED 62K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Warda 2

What is 407 worth today?

Last sold for AED 588,888 in 2020

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5 Sep 2025RentedNew contract
AED 62,000/yr12 months · AED 101 per sqft
17 Sep 2024RentedRenewal
AED 47,362/yr9 months · AED 77 per sqft
17 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
17 Sep 2022RentedNew contract
AED 41,000/yr12 months · AED 67 per sqft
29 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
30 Jun 2020Sold by developerReady
AED 588,888AED 959 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
4th of 6
Parking
B-165
Developer
Nshmi Development
Completed
2019
Service charge
AED 9,500 /yr
Last sold
AED 589K · June 2020
Building
Warda 2

About 407, Warda 2

407 is a one-bedroom apartment of 614 sqft on the 4th floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 30 June 2020 for AED 588,888, or AED 959 per sqft, 26% above the AED 762 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 September 2025, is AED 62,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 9,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, June 2020: AED 588,888 (AED 959 per sqft)

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

Rents
Unit 407, 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, November 2020: AED 30,000 a yearNew contract, September 2022: AED 41,000 a yearRenewal, September 2023: AED 45,000 a yearRenewal, September 2024: AED 47,362 a yearNew contract, September 2025: AED 62,000 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 407 sits

All 44 1-beds →

407 last sold in June 2020 at AED 959 per sqft, 26% above what one-beds in Warda 2 were fetching at the time (AED 762). 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. 407's AED 62,000 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 4th floor

All 119 units in Warda 2
Value
4011-bedAED 642K · Jun 2016
4021-bedAED 510K · Jul 2022
4032-bedAED 875K · Nov 2023
4041-bedAED 688K · Jul 2016
4051-bedAED 667K · Aug 2016
4061-bedAED 750K · Oct 2025
4081-bedAED 548K · Aug 2019
1–7 of 27

407, Warda 2 in numbers

  • Sold once: by Nshmi Development on 30 June 2020 for AED 588,888, or AED 959 per sqft.
  • Rented since November 2020 on 5 Ejari contracts, from AED 30,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2020 price is 10.5%, 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 5 September 2025.

Questions about 407, Warda 2

What did unit 407 last sell for?

AED 588,888 on 30 June 2020, sold by the developer: AED 959 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 62,000 a year on the contract signed on 5 September 2025. The previous contract, from September 2024, was AED 47,362; the unit has been rented since November 2020.

How big is unit 407?

614 sqft (57.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 407 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 407, Warda 2

Starts from the last sale price (AED 589K, 30 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 588,888
Deposit, UAE resident (20%)
AED 117,778
Deposit, non-resident (40%)
AED 235,555
Monthly over 25 years at 3.7%
AED 2,409

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