408, Warda 2
Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Warda 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 4th of 6
- Parking
- B-166
- Developer
- Nshmi Development
- Completed
- 2019
- Service charge
- AED 9,500 /yr
- Last sold
- AED 548K · August 2019
- Building
- Warda 2
About 408, Warda 2
408 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 19 August 2019 for AED 547,888, or AED 892 per sqft, in line with the AED 892 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 80,000 a year: a gross yield of 14.6% on the 2019 price, before the service charge of about AED 9,500 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 44 1-beds →408 last sold in August 2019 at AED 892 per sqft, in line with what one-beds in Warda 2 were fetching at the time (AED 892). 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. 408's AED 80,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 635 sqft | 850,000 | 1,337 | ||
| 1 Oct 20261 October 2026 | 612 sqft | 850,000 | 1,390 | ||
| 16 Dec 202516 December 2025 | 700 sqft | 840,000 | 1,199 | ||
| 3 Dec 20253 December 2025 | 1,239 sqft | 900,000 | 726 |
Warda 2
Building119 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%
Other units on the 4th floor
All 119 units in Warda 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 642KAED 641,888 · Jun 2016June 2016 | 50,693 /yr | |
| 402 | 1-bed | 655 sqft | AED 510KAED 510,000 · Jul 2022July 2022 | 67,000 /yr | |
| 403 | 2-bed | 987 sqft | AED 875KAED 875,000 · Nov 2023November 2023 | 57,250 /yr | |
| 404 | 1-bed | 677 sqft | AED 688KAED 687,888 · Jul 2016July 2016 | 63,000 /yr | |
| 405 | 1-bed | 605 sqft | AED 667KAED 666,888 · Aug 2016August 2016 | 51,700 /yr | |
| 406 | 1-bed | 605 sqft | AED 750KAED 750,000 · Oct 2025October 2025 | 55,000 /yr | |
| 407 | 1-bed | 614 sqft | AED 589KAED 588,888 · Jun 2020June 2020 | 62,000 /yr | |
| 409 | 1-bed | 689 sqft | AED 670KAED 670,000 · Jun 2024June 2024 | 60,000 /yr | |
| 410 | 2-bed | 932 sqft | AED 730KAED 730,000 · Jul 2023July 2023 | 71,660 /yr | |
| 411 | 2-bed | 909 sqft | AED 851KAED 850,888 · Aug 2017August 2017 | 80,000 /yr | |
| 412 | 2-bed | 922 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | 80,000 /yr | |
| 413 | 2-bed | 933 sqft | AED 848KAED 847,888 · Aug 2016August 2016 | 46,000 /yr | |
| 414 | 2-bed | 991 sqft | AED 866KAED 865,888 · Jul 2016July 2016 | 85,000 /yr | |
| 415 | 2-bed | 999 sqft | AED 800KAED 800,000 · Feb 2024February 2024 | 55,605 /yr | |
| 416 | 2-bed | 1,003 sqft | AED 900KAED 899,888 · Jul 2016July 2016 | 88,000 /yr | |
| 417 | 3-bed | 1,476 sqft | AED 1.54MAED 1,543,888 · Jul 2017July 2017 | 119,648 /yr | |
| 418 | 2-bed | 998 sqft | AED 1.36MAED 1,360,000 · Oct 2025October 2025 | 93,000 /yr | |
| 419 | 2-bed | 931 sqft | AED 980KAED 980,000 · Jun 2024June 2024 | 50,880 /yr | |
| 420 | 2-bed | 918 sqft | AED 918KAED 917,888 · Apr 2018April 2018 | ||
| 421 | 2-bed | 917 sqft | AED 930KAED 930,000 · Jan 2024January 2024 | 80,000 /yr | |
| 422 | 3-bed | 1,377 sqft | AED 1.26MAED 1,260,888 · Jul 2017July 2017 | 96,000 /yr | |
| 423 | 1-bed | 635 sqft | AED 850KAED 850,000 · Oct 2026October 2026 | 60,000 /yr | |
| 424 | 2-bed | 950 sqft | AED 969KAED 968,888 · Aug 2016August 2016 | 97,000 /yr | |
| 425 | 1-bed | 609 sqft | AED 810KAED 810,000 · Sep 2025September 2025 | 14,321 /yr | |
| 426 | 1-bed | 639 sqft | AED 722KAED 721,888 · Aug 2016August 2016 | 62,000 /yr | |
| 427 | 2-bed | 968 sqft | AED 850KAED 850,000 · Apr 2022April 2022 | 72,500 /yr | |
| 428 | 2-bed | 949 sqft | AED 1MAED 1,000,888 · Sep 2016September 2016 | 90,000 /yr |
408, Warda 2 in numbers
- Sold once: by Nshmi Development on 19 August 2019 for AED 547,888, or AED 892 per sqft.
- Rented since February 2020 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2022 and recovered to AED 80,000 by March 2026.
- At AED 80,000 a year the gross yield on the 2019 price is 14.6%, 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 15 March 2026.
Questions about 408, Warda 2
What did unit 408 last sell for?
AED 547,888 on 19 August 2019, sold by the developer: AED 892 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 80,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 75,000; the unit has been rented since February 2020.
How big is unit 408?
614 sqft (57.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.
What is unit 408 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 408, Warda 2
Starts from the last sale price (AED 548K, 19 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 547,888
- Deposit, UAE resident (20%)
- AED 109,578
- Deposit, non-resident (40%)
- AED 219,155
- Monthly over 25 years at 3.7%
- AED 2,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →