2-bed · 1,613 sqftRawda Apartments 1, Town Square · 1st floor · completed 2020

107, Rawda Apartments 1

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.2M21 October 2024
Current rentAED 59K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Rawda Apartments 1

What is 107 worth today?

Last sold for AED 1,200,000 in 2024

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21 Oct 2024SoldReady
AED 1,200,000AED 744 per sqft
1 May 2024RentedRenewal
AED 59,000/yr12 months · AED 37 per sqft
1 May 2023RentedRenewal
AED 59,000/yr12 months · AED 37 per sqft
1 May 2022RentedRenewal
AED 57,000/yr12 months · AED 35 per sqft
1 May 2021RentedNew contract
AED 57,000/yr12 months · AED 35 per sqft
7 Mar 2021Sold by developerReady
AED 1,218,888AED 755 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
1,613 sqft
Floor
1st of 14
Parking
B-101
Developer
Nshama Properties
Completed
2020
Service charge
AED 26,200 /yr
Last sold
AED 1.2M · October 2024

About 107, Rawda Apartments 1

107 is a two-bedroom apartment of 1,613 sqft on the 1st floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 21 October 2024 for AED 1,200,000, or AED 744 per sqft, 31% below the AED 1,081 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 59,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 26,200 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Rawda Apartments 1
1M1.2M2017202020232026Typical sale price by year: 2017 AED 969,888; 2018 AED 979,888; 2019 AED 1,054,888; 2020 AED 1,138,888; 2021 AED 1,125,888; 2023 AED 930,000; 2024 AED 1,100,000; 2025 AED 1,275,000Sold by developer, March 2021: AED 1,218,888 (AED 755 per sqft)Sold, October 2024: AED 1,200,000 (AED 744 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in Rawda Apartments 1
50K75K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 48,000; 2022 AED 54,800; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 85,000; 2026 AED 90,000New contract, May 2021: AED 57,000 a yearRenewal, May 2022: AED 57,000 a yearRenewal, May 2023: AED 59,000 a yearRenewal, May 2024: AED 59,000 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 Rawda Apartments 1, and where 107 sits

All 132 2-beds →

107 last sold in October 2024 at AED 744 per sqft, 31% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,081). Over the last 12 months two-beds sold for AED 1,186,111 to 1,500,000, around AED 1,382 per sqft, and rent for AED 64,680 to 107,500 a year. 107's AED 59,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Feb 20261,500,000
15 Dec 20251,225,000
8 Dec 20251,186,111
12 Jun 20251,275,000
4 2-bed sales in the last 12 months

Rawda Apartments 1

Building

248 apartments, 1-bed to 3-bed over 14 floors in Town Square, completed in 2020 by Nshama Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,413
Typical sale
AED 1.23M
Typical rent
AED 90K /yr
Typical yield
6.9%
Rawda Apartments 1, Town Square: prices, sales and rents →

Other units on the 1st floor

All 248 units in Rawda Apartments 1
Value
1012-bedAED 1.05M · Apr 2021
1023-bedAED 1.7M · Feb 2024
103AED 2.25M · Dec 2025
1042-bedAED 1.3M · Oct 2024
1052-bedAED 1.3M · Dec 2024
1062-bedAED 1.35M · Sep 2024
1081-bedAED 800K · Aug 2024
1–7 of 17

107, Rawda Apartments 1 in numbers

  • Sold twice: first on 7 March 2021 for AED 1,218,888, last on 21 October 2024 for AED 1,200,000 (AED 744 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 57,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 26,200 a year (AED 16.27 per sqft).
  • Two-beds in Rawda Apartments 1 sold for AED 1,186,111–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.

Source: Dubai Land Department. Updated 21 October 2024.

Questions about 107, Rawda Apartments 1

What did unit 107 last sell for?

AED 1,200,000 on 21 October 2024: AED 744 per sqft for 1,613 sqft. The unit has 2 registered sales; the first was AED 1,218,888 in March 2021.

What is the rent for unit 107?

AED 59,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 59,000; the unit has been rented since May 2021.

How big is unit 107?

1,613 sqft (149.9 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2020.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rawda Apartments 1 sold for AED 1,186,111 to 1,500,000 in the last 12 months, around AED 1,382 per sqft.

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Mortgage on 107, Rawda Apartments 1

Starts from the last sale price (AED 1.2M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →