116, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Rawda Apartments 1
What is 116 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,700 sqft
- Floor
- 1st of 14
- Parking
- B-77
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.1M · December 2019
- Building
- Rawda Apartments 1
About 116, Rawda Apartments 1
116 is a two-bedroom apartment of 1,700 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 15 December 2019 for AED 1,096,888, or AED 645 per sqft, 36% below the AED 1,001 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 26 August 2025, is AED 95,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 27,700 a year.
Sales and rents for 116 over time
116 has sold once; the dashed line is the two-bed median of each year in the building.
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 116 sits
All 132 2-beds →116 last sold in December 2019 at AED 645 per sqft, 36% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,001). 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. 116's AED 95,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202619 February 2026 | 931 sqft | 1,500,000 | 1,611 | ||
| 15 Dec 202515 December 2025 | 907 sqft | 1,225,000 | 1,350 | ||
| 8 Dec 20258 December 2025 | 1,012 sqft | 1,186,111 | 1,171 | ||
| 12 Jun 202512 June 2025 | 913 sqft | 1,275,000 | 1,396 |
Rawda Apartments 1
Building248 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%
Other units on the 1st floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,243 sqft | AED 1.05MAED 1,050,888 · Apr 2021April 2021 | ||
| 102 | 3-bed | 2,004 sqft | AED 1.7MAED 1,700,000 · Feb 2024February 2024 | 138,462 /yr | |
| 103 | 1,918 sqft | AED 2.25MAED 2,250,888 · Dec 2025December 2025 | |||
| 104 | 2-bed | 1,435 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 100,000 /yr | |
| 105 | 2-bed | 1,508 sqft | AED 1.3MAED 1,300,000 · Dec 2024December 2024 | 107,500 /yr | |
| 106 | 2-bed | 1,755 sqft | AED 1.35MAED 1,350,888 · Sep 2024September 2024 | 52,000 /yr | |
| 107 | 2-bed | 1,613 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 59,000 /yr | |
| 108 | 1-bed | 1,105 sqft | AED 800KAED 800,000 · Aug 2024August 2024 | 42,000 /yr | |
| 109 | 1-bed | 1,008 sqft | AED 815KAED 815,000 · May 2024May 2024 | 100,000 /yr | |
| 110 | 3-bed | 2,428 sqft | AED 1.79MAED 1,788,888 · May 2021May 2021 | ||
| 111 | 2-bed | 1,699 sqft | AED 1.09MAED 1,094,888 · Nov 2019November 2019 | ||
| 112 | 1-bed | 1,165 sqft | AED 836KAED 835,888 · Feb 2021February 2021 | 49,205 /yr | |
| 113 | 2-bed | 1,693 sqft | AED 1.11MAED 1,105,888 · Dec 2019December 2019 | 80,850 /yr | |
| 114 | 2-bed | 1,675 sqft | AED 1.09MAED 1,090,888 · Dec 2019December 2019 | 100,000 /yr | |
| 115 | 2-bed | 1,690 sqft | AED 1.1MAED 1,096,888 · Oct 2019October 2019 | 115,000 /yr | |
| 117 | 1-bed | 1,139 sqft | AED 767KAED 766,888 · May 2022May 2022 | 47,250 /yr | |
| 118 | 1-bed | 1,240 sqft | AED 750KAED 750,000 · Jul 2024July 2024 | 45,946 /yr |
116, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 15 December 2019 for AED 1,096,888, or AED 645 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 55,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 27,700 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 26 August 2025.
Questions about 116, Rawda Apartments 1
What did unit 116 last sell for?
AED 1,096,888 on 15 December 2019, sold by the developer: AED 645 per sqft for 1,700 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 95,000 a year on the contract renewed on 26 August 2025. The previous contract, from August 2024, was AED 95,000; the unit has been rented since January 2021.
How big is unit 116?
1,700 sqft (157.9 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2020.
What is unit 116 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 116, Rawda Apartments 1
Starts from the last sale price (AED 1.1M, 15 December 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 →