2-bed · 999 sqftWarda 2, Town Square · 4th floor · completed 2019

415, Warda 2

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 800K15 February 2024
Current rentAED 56K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Warda 2

What is 415 worth today?

Last sold for AED 800,000 in 2024

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1 Sep 2024RentedNew contract
AED 55,605/yr5 months · AED 56 per sqft
15 Feb 2024SoldReady
AED 800,000AED 800 per sqft
1 Sep 2023RentedRenewal
AED 55,650/yr12 months · AED 56 per sqft
1 Sep 2022RentedNew contract
AED 53,000/yr12 months · AED 53 per sqft
14 Jul 2021RentedRenewal
AED 38,000/yr12 months · AED 38 per sqft
14 Jul 2020RentedNew contract
AED 38,000/yr12 months · AED 38 per sqft
25 Aug 2019Sold by developerOff-plan
AED 888,888AED 889 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
999 sqft
Floor
4th of 6
Parking
B-19
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,500 /yr
Last sold
AED 800K · February 2024
Building
Warda 2

About 415, Warda 2

415 is a two-bedroom apartment of 999 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 15 February 2024 for AED 800,000, or AED 800 per sqft, 6% below the AED 849 two-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 1 September 2024, is AED 55,605 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 415 over time

Sales
Unit 415, 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 2019: AED 888,888 (AED 889 per sqft)Sold, February 2024: AED 800,000 (AED 800 per sqft)

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

Rents
Unit 415, each contractTypical two-bed in Warda 2
50K75K2020202220242026Typical 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, July 2020: AED 38,000 a yearRenewal, July 2021: AED 38,000 a yearNew contract, September 2022: AED 53,000 a yearRenewal, September 2023: AED 55,650 a yearNew contract, September 2024: AED 55,605 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 415 sits

All 65 2-beds →

415 last sold in February 2024 at AED 800 per sqft, 6% below what two-beds in Warda 2 were fetching at the time (AED 849). 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. 415's AED 55,605 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

415, Warda 2 in numbers

  • Sold twice: first on 25 August 2019 for AED 888,888, last on 15 February 2024 for AED 800,000 (AED 800 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 38,000 to AED 55,605 a year.
  • At AED 55,605 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 15,500 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 1 September 2024.

Questions about 415, Warda 2

What did unit 415 last sell for?

AED 800,000 on 15 February 2024: AED 800 per sqft for 999 sqft. The unit has 2 registered sales; the first was AED 888,888 in August 2019.

What is the rent for unit 415?

AED 55,605 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 55,650; the unit has been rented since July 2020.

How big is unit 415?

999 sqft (92.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 415 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 415, Warda 2

Starts from the last sale price (AED 800K, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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