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2-bed · 1,003 sqftWarda 2, Town Square · 4th floor · completed 2019

416, Warda 2

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 900K20 July 2016
Current rentAED 86K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416, Warda 2

What is 416 worth today?

Last sold for AED 899,888 in 2016

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1 Mar 2025RentedRenewal
AED 86,000/yr12 months · AED 86 per sqft
1 Mar 2024RentedNew contract
AED 86,000/yr12 months · AED 86 per sqft
20 Jul 2023RentedRenewal
AED 60,849/yr7 months · AED 61 per sqft
20 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 55 per sqft
24 Jul 2021RentedRenewal
AED 42,000/yr12 months · AED 42 per sqft
24 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
20 Jul 2016Sold by developerOff-plan
AED 899,888AED 897 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,003 sqft
Floor
4th of 6
Parking
B-20
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,600 /yr
Last sold
AED 900K · July 2016
Building
Warda 2

About 416, Warda 2

416 is a two-bedroom apartment of 1,003 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 20 July 2016 for AED 899,888, or AED 897 per sqft, in line with the AED 897 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 86,000 a year: a gross yield of 9.6% on the 2016 price, before the service charge of about AED 15,600 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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, July 2016: AED 899,888 (AED 897 per sqft)

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

Rents
Unit 416, each contractTypical two-bed in Warda 2
50K75K2020202220242026Typical 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, July 2020: AED 40,000 a yearRenewal, July 2021: AED 42,000 a yearNew contract, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,849 a yearNew contract, March 2024: AED 86,000 a yearRenewal, March 2025: AED 86,000 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 416 sits

All 58 2-beds →

416 last sold in July 2016 at AED 897 per sqft, in line with what two-beds in Warda 2 were fetching at the time (AED 897). 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. 416's AED 86,000 is in the lower 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 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
406AED 750K · Oct 2025
4071-bedAED 589K · Jun 2020
1–7 of 27

416, Warda 2 in numbers

  • Sold once: by Nshmi Development on 20 July 2016 for AED 899,888, or AED 897 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 40,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2016 price is 9.6%, before a service charge of about AED 15,600 a year (AED 15.52 per sqft).
  • Two-beds in Warda 2 sold for AED 1,220,000–1,220,000 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 1 March 2025.

Questions about 416, Warda 2

What did unit 416 last sell for?

AED 899,888 on 20 July 2016, sold by the developer: AED 897 per sqft for 1,003 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 86,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 86,000; the unit has been rented since July 2020.

How big is unit 416?

1,003 sqft (93.2 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 416 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 416, Warda 2

Starts from the last sale price (AED 900K, 20 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 899,888
Deposit, UAE resident (20%)
AED 179,978
Deposit, non-resident (40%)
AED 359,955
Monthly over 25 years at 3.7%
AED 3,682

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