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2-bed · 950 sqftWarda 2, Town Square · 4th floor · completed 2019

424, Warda 2

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 969K24 August 2016
Current rentAED 97K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Warda 2

What is 424 worth today?

Last sold for AED 968,888 in 2016

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1 May 2025RentedNew contract
AED 97,000/yr12 months · AED 102 per sqft
1 May 2025RentedNew contract
AED 97,000/yr12 months · AED 102 per sqft
24 Aug 2016Sold by developerOff-plan
AED 968,888AED 1,020 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
950 sqft
Floor
4th of 6
Parking
B-352
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,700 /yr
Last sold
AED 969K · August 2016
Building
Warda 2

About 424, Warda 2

424 is a two-bedroom apartment of 950 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 968,888, or AED 1,020 per sqft, 13% above the AED 906 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 May 2025, is AED 97,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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 968,888 (AED 1,020 per sqft)

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

Rents
Unit 424, each contractTypical two-bed in Warda 2
50K75K100K2020202220242026Typical 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, May 2025: AED 97,000 a yearNew contract, May 2025: AED 97,000 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 424 sits

All 65 2-beds →

424 last sold in August 2016 at AED 1,020 per sqft, 13% above 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. 424's AED 97,000 is in the upper half 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

424, Warda 2 in numbers

  • Sold once: by Nshmi Development on 24 August 2016 for AED 968,888, or AED 1,020 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 97,000 a year.
  • At AED 97,000 a year the gross yield on the 2016 price is 10.0%, before a service charge of about AED 14,700 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 May 2025.

Questions about 424, Warda 2

What did unit 424 last sell for?

AED 968,888 on 24 August 2016, sold by the developer: AED 1,020 per sqft for 950 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 97,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 97,000.

How big is unit 424?

950 sqft (88.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 424 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 424, Warda 2

Starts from the last sale price (AED 969K, 24 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 968,888
Deposit, UAE resident (20%)
AED 193,778
Deposit, non-resident (40%)
AED 387,555
Monthly over 25 years at 3.7%
AED 3,964

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