2-bed · 1,012 sqftRawda Apartments 1, Town Square · 11th floor · completed 2020

1101, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 8 April 2024
Last soldAED 993K6 June 2018
Current rentAED 66K /yr8 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Rawda Apartments 1

What is 1101 worth today?

Last sold for AED 992,888 in 2018

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8 Apr 2024RentedRenewal
AED 66,000/yr6 months · AED 65 per sqft
8 Oct 2023RentedNew contract
AED 60,000/yr6 months · AED 59 per sqft
8 Apr 2023RentedRenewal
AED 60,000/yr6 months · AED 59 per sqft
8 Oct 2022RentedRenewal
AED 60,000/yr6 months · AED 59 per sqft
8 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 54 per sqft
6 Jun 2018Sold by developerOff-plan
AED 992,888AED 980 per sqft

Source: Dubai Land Department. Updated 8 April 2024.

Key facts

Type
2-bed apartment
Size
1,012 sqft
Floor
11th of 14
Parking
B-126 , B-26
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,500 /yr
Last sold
AED 993K · June 2018

About 1101, Rawda Apartments 1

1101 is a two-bedroom apartment of 1,012 sqft on the 11th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 6 June 2018 for AED 992,888, or AED 980 per sqft, 5% below the AED 1,033 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 8 April 2024, is AED 66,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, 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, June 2018: AED 992,888 (AED 980 per sqft)

1101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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 90,000Renewal, October 2021: AED 55,000 a yearRenewal, October 2022: AED 60,000 a yearRenewal, April 2023: AED 60,000 a yearNew contract, October 2023: AED 60,000 a yearRenewal, April 2024: AED 66,000 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 1101 sits

All 132 2-beds →

1101 last sold in June 2018 at AED 980 per sqft, 5% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,033). 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. 1101's AED 66,000 is in the lower half 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 11th floor

All 248 units in Rawda Apartments 1
Value
11023-bedAED 1.82M · Dec 2024
11033-bedAED 1.67M · May 2024
11042-bedAED 1.17M · Sep 2024
11052-bedAED 1.16M · Oct 2017
11062-bedAED 1.2M · Oct 2024
1107AED 1.2M · Aug 2021
11081-bedAED 650K · Sep 2023
1–7 of 17

1101, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 6 June 2018 for AED 992,888, or AED 980 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 55,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 16,500 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 8 April 2024.

Questions about 1101, Rawda Apartments 1

What did unit 1101 last sell for?

AED 992,888 on 6 June 2018, sold by the developer: AED 980 per sqft for 1,012 sqft. It is the only registered sale of the unit.

What is the rent for unit 1101?

AED 66,000 a year on the contract renewed on 8 April 2024. The previous contract, from October 2023, was AED 60,000; the unit has been rented since October 2021.

How big is unit 1101?

1,012 sqft (94.0 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2020.

What is unit 1101 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 1101, Rawda Apartments 1

Starts from the last sale price (AED 993K, 6 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 992,888
Deposit, UAE resident (20%)
AED 198,578
Deposit, non-resident (40%)
AED 397,155
Monthly over 25 years at 3.7%
AED 4,062

Plus AED 46,712 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →