It was Warner's third double-century following 253 against New Zealand in Perth in 2015 and an unbeaten 335 against Pakistan in 2019.
A crowd of more than 22,000 at his home Sydney Cricket Ground rose for a final ovation as Warner left the field.
Warner said he had withdrawn his application because he was not prepared to subject his family or team mates to "further trauma and disruption".
Australia, fuelled by hundreds from Travis Head and David Warner, crushed England by 221 runs in the third One-Day International to sweep the series in front of largely empty stands at the Melbourne Cricket Ground on Tuesday.
David Warner thanked Virat Kohli for his playing jersey
Warner has already announced that he will end his Test career in January next year
However, David Warner plans to continue playing white-ball cricket at least until the 2024 Twenty20 World Cup.
Australia head coach Andrew McDonald said the hosts would field their strongest side against Pakistan, which means a welcome return for spinner Nathan Lyon, who will chase his 500th Test wicket after injury ruled him out of the last three matches of the Ashes.
'At the start of the over, I asked, 'do you want a single to try and get a hundred?' He said, 'You should try to smack as far as you can,' and I did that.'
Opener David Warner, who set up a crucial victory for Australia with a whirlwind century in the ongoing World Cup on Friday, credited the IPL for working as a learning platform where he perfected the art of pacing an ODI innings.
Australian batting great Greg Chappell on Tuesday called for the lifetime captaincy ban on David Warner to be lifted, saying the star batter has the capability to successfully lead a side.
David Warner made 34 in what is likely to be his penultimate innings in the long form of cricket as Australia reached 116 for two on the rain-disrupted second day of the third Test against Pakistan on Thursday.
Warner's 58-ball magnificent effort helped Delhi beat SRH by 21 runs.
Coming after a 43 in the World Test Championship final and a 36 in the first Test, Warner feels he is on an upwards trajectory in his batting form.
On Wednesday, Australia selector Tony Dodemaide refused to comment on Warner's Test future.
Warner, Haddin, and Williamson will now be quarantined according to the protocols for seven days before they join the squad for the IPL.
Jhye Richardson will replace injured paceman Josh Hazlewood but opener David Warner has been cleared to play against England in the second day-night Ashes Test.
This is not the first time an IPL-related reference was made at a PSL media briefing.
David Warner has called upon Cricket Australia to "open their doors" and discuss overturning his lifetime leadership ban, saying he is looking forward to having an "honest conversation" with the board.
Under Warner, SRH have lost five of their six games in IPL 2021.
David Warner says he still considers leadership roles a privilege and is ready to talk to Cricket Australia about ending the ban imposed on him for his part in the Newlands ball-tampering incident.
Warner is poised to wrap up his Test cricket journey with the upcoming third Test against Pakistan at the iconic Sydney Cricket Ground (SCG).
Warner is still living with the leadership ban while accomplice Steve Smith happens to lead Australia
Warner played some audacious strokes batting both left and right-handed.
David Warner is apologetic of the crowd behaviour towards Team India in Sydney.
>The stolen items included bats belonging to David Warner, Mitchell Marsh, Phil Salt, Yash Dhull as well as shoes and gloves.
The Australian started his IPL career with the Delhi franchise in 2009.
David hit 11 sixes and six fours to finish on unbeaten 102 off 37 deliveries, with Australia crushing the hosts with 23 balls to spare at Warner Park in Basseterre, Saint Kitts.
Virat Kohli imitates Cameron Bancroft's infamous sandpaper gate incident.
Former Australia cricketer Matthew Hayden feels that David Warner and Travis Head are the ideal duo to open for Australia at the upcoming ICC ODI World Cup which is set to begin on October 5.
Labuschagne said he is focused on winning matches for Australia, not on convincing anyone about his return to form.
After hundreds upon hundreds of runs on flat tracks in the ongoing series so far, it took the green top at The Oval to finally produce the best day of the Indian summer, on the fifth and last Friday of the Test series.
McDonald said team management were continually talking to senior players about their plans.
Nathan Lyon said there was enough recovery time for Warner before the third Test beginning on March 1.
"If you talk to all the great players out there, they say he is a great player. We'll just have to see if he bounces back in Melbourne. He is a pretty tough nut, old David. I don't think that (run drought) necessarily worries him," Erskine added.
'Yes, we have lost it now. Glow in the dark night,' David Warner wrote.
David Warner is set to lead the Delhi Capitals in the upcoming IPL season and assistant coach Shane Watson said the opener will have a point to prove in the tournament.
Former Australia player Shane Watson said star all-rounder Cameron Green has all the means to succeed as a Test opener.
Former Australian batsman David Warner on Wednesday shared a throwback video from the last year's Indian Premier League in which he can be seen swinging his bat like a sword. The SunRisers Hyderabad captain can be seen swinging the bat like a sword for a commercial before he breaks into laughter once the director says 'cut'.
After winning the fourth Test match against England and retaining the Ashes, Australia batsmen Steve Smith and David Warner shared their team's celebratory moments with the fans.