2-bed · 1,690 sqftRawda Apartments 1, Town Square · 1st floor · completed 2020

115, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 11 October 2025
Last soldAED 1.1M10 October 2019
Current rentAED 115K /yr11 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Rawda Apartments 1

What is 115 worth today?

Last sold for AED 1,096,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Oct 2025RentedNew contract
AED 115,000/yr12 months · AED 68 per sqft
31 May 2024RentedRenewal
AED 75,000/yr12 months · AED 44 per sqft
1 May 2022RentedRenewal
AED 65,000/yr12 months · AED 38 per sqft
1 May 2021RentedNew contract
AED 65,000/yr12 months · AED 38 per sqft
10 Oct 2019Sold by developerOff-plan
AED 1,096,888AED 649 per sqft

Source: Dubai Land Department. Updated 11 October 2025.

Key facts

Type
2-bed apartment
Size
1,690 sqft
Floor
1st of 14
Parking
B-76
Developer
Nshama Properties
Completed
2020
Service charge
AED 27,500 /yr
Last sold
AED 1.1M · October 2019

About 115, Rawda Apartments 1

115 is a two-bedroom apartment of 1,690 sqft on the 1st floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 10 October 2019 for AED 1,096,888, or AED 649 per sqft, 36% below the AED 1,013 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 11 October 2025, is AED 115,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 27,500 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, October 2019: AED 1,096,888 (AED 649 per sqft)

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

Rents
Unit 115, each contractTypical two-bed in Rawda Apartments 1
50K100K2020202220242026Typical 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 65,000 a yearRenewal, May 2022: AED 65,000 a yearRenewal, May 2024: AED 75,000 a yearNew contract, October 2025: AED 115,000 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 115 sits

All 132 2-beds →

115 last sold in October 2019 at AED 649 per sqft, 36% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,013). 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. 115's AED 115,000 is at the top 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
1072-bedAED 1.2M · Oct 2024
1–7 of 17

115, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 10 October 2019 for AED 1,096,888, or AED 649 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 65,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 27,500 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 11 October 2025.

Questions about 115, Rawda Apartments 1

What did unit 115 last sell for?

AED 1,096,888 on 10 October 2019, sold by the developer: AED 649 per sqft for 1,690 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 115,000 a year on the contract signed on 11 October 2025. The previous contract, from May 2024, was AED 75,000; the unit has been rented since May 2021.

How big is unit 115?

1,690 sqft (157.0 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2020.

What is unit 115 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.

Selling 115? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 115, Rawda Apartments 1

Starts from the last sale price (AED 1.1M, 10 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,096,888
Deposit, UAE resident (20%)
AED 219,378
Deposit, non-resident (40%)
AED 438,755
Monthly over 25 years at 3.7%
AED 4,488

Plus AED 51,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →