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1-bed · 635 sqftWarda 2, Town Square · 4th floor · completed 2019

423, 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 423 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 687K14 July 2016
Current rentAED 60K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Warda 2

What is 423 worth today?

Last sold for AED 686,888 in 2016

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22 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
1 Jun 2023RentedRenewal
AED 46,200/yr12 months · AED 73 per sqft
1 Jun 2022RentedNew contract
AED 44,000/yr12 months · AED 69 per sqft
1 May 2021RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
1 Apr 2020RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft
14 Jul 2016Sold by developerOff-plan
AED 686,888AED 1,081 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
4th of 6
Parking
B-168
Developer
Nshmi Development
Completed
2019
Service charge
AED 9,900 /yr
Last sold
AED 687K · July 2016
Building
Warda 2

About 423, Warda 2

423 is a one-bedroom apartment of 635 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 14 July 2016 for AED 686,888, or AED 1,081 per sqft, in line with the AED 1,081 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 22 January 2025, is AED 60,000 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 9,900 a year.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical one-bed in Warda 2
600K800K2016201920222025Typical sale price by year: 2016 AED 668,888; 2019 AED 547,888; 2020 AED 620,888; 2023 AED 650,000; 2025 AED 840,000Sold by developer, July 2016: AED 686,888 (AED 1,081 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in Warda 2
40K60K2020202220242026Typical rent by year: 2020 AED 35,000; 2021 AED 34,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 51,000; 2025 AED 60,000; 2026 AED 52,000New contract, April 2020: AED 38,000 a yearNew contract, May 2021: AED 29,000 a yearNew contract, June 2022: AED 44,000 a yearRenewal, June 2023: AED 46,200 a yearNew contract, January 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Warda 2, and where 423 sits

All 40 1-beds →

423 last sold in July 2016 at AED 1,081 per sqft, in line with what one-beds in Warda 2 were fetching at the time (AED 1,081). Over the last 12 months one-beds sold for AED 840,000 to 900,000, around AED 963 per sqft, and rent for AED 52,000 to 67,000 a year. 423's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 2025840,000
4 Jun 2025805,000
15 May 2025815,000
15 Apr 2025900,000
2 1-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. 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

423, Warda 2 in numbers

  • Sold once: by Nshmi Development on 14 July 2016 for AED 686,888, or AED 1,081 per sqft.
  • Rented since April 2020 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 29,000 in 2021 and recovered to AED 60,000 by January 2025.
  • At AED 60,000 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 9,900 a year (AED 15.52 per sqft).
  • One-beds in Warda 2 sold for AED 840,000–900,000 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 22 January 2025.

Questions about 423, Warda 2

What did unit 423 last sell for?

AED 686,888 on 14 July 2016, sold by the developer: AED 1,081 per sqft for 635 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 60,000 a year on the contract signed on 22 January 2025. The previous contract, from June 2023, was AED 46,200; the unit has been rented since April 2020.

How big is unit 423?

635 sqft (59.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Warda 2 sold for AED 840,000 to 900,000 in the last 12 months, around AED 963 per sqft.

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Mortgage on 423, Warda 2

Starts from the last sale price (AED 687K, 14 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 686,888
Deposit, UAE resident (20%)
AED 137,378
Deposit, non-resident (40%)
AED 274,755
Monthly over 25 years at 3.7%
AED 2,810

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