2-bed · 1,005 sqftWarda 2, Town Square · 5th floor · completed 2019

502, Warda 2

Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 861K22 July 2020
Current rentAED 90K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Warda 2

What is 502 worth today?

Last sold for AED 860,888 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Aug 2026RentedRenewal
AED 90,000/yr12 months · AED 90 per sqft
28 Aug 2025RentedNew contract
AED 95,000/yr12 months · AED 95 per sqft
17 Nov 2024RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft
17 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
4 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 60 per sqft
4 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
22 Jul 2020Sold by developerReady
AED 860,888AED 856 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
5th of 6
Parking
P-327
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,600 /yr
Last sold
AED 861K · July 2020
Building
Warda 2

About 502, Warda 2

502 is a two-bedroom apartment of 1,005 sqft on the 5th floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 22 July 2020 for AED 860,888, or AED 856 per sqft, in line with the AED 855 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 28 August 2026, is AED 90,000 a year: a gross yield of 10.4% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 2020: AED 860,888 (AED 856 per sqft)

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

Rents
Unit 502, 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, October 2020: AED 45,000 a yearNew contract, December 2021: AED 60,000 a yearRenewal, December 2022: AED 60,000 a yearNew contract, November 2023: AED 80,000 a yearRenewal, November 2024: AED 85,000 a yearNew contract, August 2025: AED 95,000 a yearRenewal, August 2026: AED 90,000 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 502 sits

All 65 2-beds →

502 last sold in July 2020 at AED 856 per sqft, in line with what two-beds in Warda 2 were fetching at the time (AED 855). 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. 502's AED 90,000 is in the lower 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 5th floor

All 119 units in Warda 2
Value
5012-bedAED 800K · Oct 2022
5033-bedAED 2M · Jun 2026
5042-bedAED 1.18M · Aug 2025

502, Warda 2 in numbers

  • Sold once: by Nshmi Development on 22 July 2020 for AED 860,888, or AED 856 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 45,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 10.4%, before a service charge of about AED 15,600 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 28 August 2026.

Questions about 502, Warda 2

What did unit 502 last sell for?

AED 860,888 on 22 July 2020, sold by the developer: AED 856 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 90,000 a year on the contract renewed on 28 August 2026. The previous contract, from August 2025, was AED 95,000; the unit has been rented since October 2020.

How big is unit 502?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.

What is unit 502 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.

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Warda 2

Starts from the last sale price (AED 861K, 22 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 860,888
Deposit, UAE resident (20%)
AED 172,178
Deposit, non-resident (40%)
AED 344,355
Monthly over 25 years at 3.7%
AED 3,522

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