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2-bed · 1,588 sqftWarda 2, Town Square · 1st floor · completed 2019

120, Warda 2

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1.07M20 September 2017
Current rentAED 95K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Warda 2

What is 120 worth today?

Last sold for AED 1,066,888 in 2017

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15 May 2025RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
14 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 31 per sqft
14 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 31 per sqft
1 Mar 2020RentedNew contract
AED 62,500/yr12 months · AED 39 per sqft
20 Sep 2017Sold by developerOff-plan
AED 1,066,888AED 671 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
1,588 sqft
Floor
1st of 6
Parking
P-374
Developer
Nshmi Development
Completed
2019
Service charge
AED 24,600 /yr
Last sold
AED 1.07M · September 2017
Building
Warda 2

About 120, Warda 2

120 is a two-bedroom apartment of 1,588 sqft on the 1st floor of Warda 2, a 6-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 20 September 2017 for AED 1,066,888, or AED 671 per sqft, 26% below the AED 909 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 May 2025, is AED 95,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 24,600 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical two-bed in Warda 2
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 889,388; 2017 AED 1,083,888; 2018 AED 918,888; 2020 AED 910,888; 2021 AED 949,888; 2022 AED 850,000; 2023 AED 835,000; 2024 AED 980,000; 2025 AED 1,175,000Sold by developer, September 2017: AED 1,066,888 (AED 671 per sqft)

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

Rents
Unit 120, each contractTypical two-bed in Warda 2
50K75K100K2020202220242026Typical rent by year: 2020 AED 44,500; 2021 AED 45,575; 2022 AED 55,000; 2023 AED 57,308; 2024 AED 77,500; 2025 AED 86,000; 2026 AED 89,000New contract, March 2020: AED 62,500 a yearNew contract, September 2020: AED 50,000 a yearRenewal, September 2022: AED 50,000 a yearNew contract, May 2025: AED 95,000 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 120 sits

All 58 2-beds →

120 last sold in September 2017 at AED 671 per sqft, 26% below what two-beds in Warda 2 were fetching at the time (AED 909). Over the last 12 months two-beds sold for AED 1,220,000, around AED 1,213 per sqft, and rent for AED 73,500 to 107,000 a year. 120's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,220,000
3 Jul 20251,280,000
10 Apr 20251,250,000
4 Feb 20251,100,000
1 2-bed sale 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,199
Typical sale
AED 900K
Typical rent
AED 87K /yr
Typical yield
7.1%
Warda 2, Town Square: prices, sales and rents →

Other units on the 1st floor

All 119 units in Warda 2
Value
1011-bedAED 850K · Jan 2025
1021-bedAED 650K · Nov 2023
1032-bedAED 1.15M · Oct 2017
1041-bedAED 616K · Aug 2020
105AED 900K · Dec 2025
1061-bedAED 731K · Nov 2020
1071-bedAED 731K · Nov 2020
1–7 of 27

120, Warda 2 in numbers

  • Sold once: by Nshmi Development on 20 September 2017 for AED 1,066,888, or AED 671 per sqft.
  • Rented since March 2020 on 4 Ejari contracts. The rent fell from AED 62,500 to AED 50,000 in 2022 and recovered to AED 95,000 by May 2025.
  • At AED 95,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 24,600 a year (AED 15.52 per sqft).
  • Two-beds in Warda 2 sold for AED 1,220,000–1,220,000 in the 12 months to November 2026; the building's median across all types is AED 1,199 per sqft.

Source: Dubai Land Department. Updated 15 May 2025.

Questions about 120, Warda 2

What did unit 120 last sell for?

AED 1,066,888 on 20 September 2017, sold by the developer: AED 671 per sqft for 1,588 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 95,000 a year on the contract signed on 15 May 2025. The previous contract, from September 2022, was AED 50,000; the unit has been rented since March 2020.

How big is unit 120?

1,588 sqft (147.5 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 120 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 1,220,000 in the last 12 months, around AED 1,213 per sqft.

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Mortgage on 120, Warda 2

Starts from the last sale price (AED 1.07M, 20 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,066,888
Deposit, UAE resident (20%)
AED 213,378
Deposit, non-resident (40%)
AED 426,755
Monthly over 25 years at 3.7%
AED 4,365

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