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2-bed · 933 sqftWarda 2, Town Square · 4th floor · completed 2019

413, Warda 2

Sold prices and rental history: sold once, by the developer in August 2016, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 23 August 2021
Last soldAED 848K24 August 2016
Current rentAED 46K /yr23 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 413, Warda 2

What is 413 worth today?

Last sold for AED 847,888 in 2016

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23 Aug 2021RentedNew contract
AED 46,000/yr12 months · AED 49 per sqft
24 Aug 2016Sold by developerOff-plan
AED 847,888AED 909 per sqft

Source: Dubai Land Department. Updated 23 August 2021.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
4th of 6
Parking
B-15
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,500 /yr
Last sold
AED 848K · August 2016
Building
Warda 2

About 413, Warda 2

413 is a two-bedroom apartment of 933 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 24 August 2016 for AED 847,888, or AED 909 per sqft, in line with the AED 906 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 August 2021. The current contract, signed on 23 August 2021, is AED 46,000 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 14,500 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, August 2016: AED 847,888 (AED 909 per sqft)

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

Rents
Unit 413, 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, August 2021: AED 46,000 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 413 sits

All 65 2-beds →

413 last sold in August 2016 at AED 909 per sqft, in line with what two-beds in Warda 2 were fetching at the time (AED 906). 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. 413's AED 46,000 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 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
4071-bedAED 589K · Jun 2020
1–7 of 27

413, Warda 2 in numbers

  • Sold once: by Nshmi Development on 24 August 2016 for AED 847,888, or AED 909 per sqft.
  • Rented since August 2021 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 14,500 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 23 August 2021.

Questions about 413, Warda 2

What did unit 413 last sell for?

AED 847,888 on 24 August 2016, sold by the developer: AED 909 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 413?

AED 46,000 a year on the contract signed on 23 August 2021.

How big is unit 413?

933 sqft (86.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 413 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 413, Warda 2

Starts from the last sale price (AED 848K, 24 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 847,888
Deposit, UAE resident (20%)
AED 169,578
Deposit, non-resident (40%)
AED 339,155
Monthly over 25 years at 3.7%
AED 3,469

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