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2-bed · 931 sqftWarda 2, Town Square · 4th floor · completed 2019

419, Warda 2

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 980K13 June 2024
Current rentAED 51K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 419, Warda 2

What is 419 worth today?

Last sold for AED 980,000 in 2024

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13 Jun 2024SoldReady
AED 980,000AED 1,052 per sqft
1 Jan 2024RentedRenewal
AED 50,880/yr4 months · AED 55 per sqft
1 Jan 2023RentedRenewal
AED 50,600/yr12 months · AED 55 per sqft
1 Jan 2022RentedRenewal
AED 46,000/yr12 months · AED 50 per sqft
1 Jan 2021RentedNew contract
AED 46,000/yr12 months · AED 50 per sqft
11 Jul 2016Sold by developerOff-plan
AED 834,888AED 896 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
4th of 6
Parking
P-362
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,400 /yr
Last sold
AED 980K · June 2024
Building
Warda 2

About 419, Warda 2

419 is a two-bedroom apartment of 931 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 13 June 2024 for AED 980,000, or AED 1,052 per sqft, 20% above the AED 878 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 50,880 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for 419 over time

Sales
Unit 419, 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 834,888 (AED 896 per sqft)Sold, June 2024: AED 980,000 (AED 1,052 per sqft)

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

Rents
Unit 419, 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, January 2021: AED 46,000 a yearRenewal, January 2022: AED 46,000 a yearRenewal, January 2023: AED 50,600 a yearRenewal, January 2024: AED 50,880 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 419 sits

All 65 2-beds →

419 last sold in June 2024 at AED 1,052 per sqft, 20% above what two-beds in Warda 2 were fetching at the time (AED 878). 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. 419's AED 50,880 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

419, Warda 2 in numbers

  • Sold twice: first on 11 July 2016 for AED 834,888, last on 13 June 2024 for AED 980,000 (AED 1,052 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 46,000 to AED 50,880 a year.
  • At AED 50,880 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 14,400 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 13 June 2024.

Questions about 419, Warda 2

What did unit 419 last sell for?

AED 980,000 on 13 June 2024: AED 1,052 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 834,888 in July 2016.

What is the rent for unit 419?

AED 50,880 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 50,600; the unit has been rented since January 2021.

How big is unit 419?

931 sqft (86.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 419 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 419, Warda 2

Starts from the last sale price (AED 980K, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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