118, Rawda Apartments 1
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Rawda Apartments 1
What is 118 worth today?
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Source: Dubai Land Department. Updated 8 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,240 sqft
- Floor
- 1st of 14
- Parking
- P-57
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 20,200 /yr
- Last sold
- AED 750K · July 2024
- Building
- Rawda Apartments 1
About 118, Rawda Apartments 1
118 is a one-bedroom apartment of 1,240 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 8 July 2024 for AED 750,000, or AED 604 per sqft, 43% below the AED 1,058 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 18 April 2024, is AED 45,946 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 20,200 a year.
Sales and rents for 118 over time
118 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rawda Apartments 1, and where 118 sits
All 69 1-beds →118 last sold in July 2024 at AED 604 per sqft, 43% below what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,058). Over the last 12 months one-beds sold for AED 880,000 to 900,000, around AED 1,452 per sqft, and rent for AED 56,760 to 75,000 a year. 118's AED 45,946 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 614 sqft | 880,000 | 1,433 | ||
| 10 Jul 202510 July 2025 | 679 sqft | 900,000 | 1,326 | ||
| 10 Jun 202510 June 2025 | 611 sqft | 890,000 | 1,455 | ||
| 19 Mar 202519 March 2025 | 611 sqft | 815,000 | 1,333 |
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 | |
| 116 | 2-bed | 1,700 sqft | AED 1.1MAED 1,096,888 · Dec 2019December 2019 | 95,000 /yr | |
| 117 | 1-bed | 1,139 sqft | AED 767KAED 766,888 · May 2022May 2022 | 47,250 /yr |
118, Rawda Apartments 1 in numbers
- Sold 3 times: first on 28 October 2020 for AED 778,888, last on 8 July 2024 for AED 750,000 (AED 604 per sqft).
- Rented since December 2020 on 4 Ejari contracts, from AED 38,000 to AED 45,946 a year.
- At AED 45,946 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 20,200 a year (AED 16.27 per sqft).
- One-beds in Rawda Apartments 1 sold for AED 880,000–900,000 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 July 2024.
Questions about 118, Rawda Apartments 1
What did unit 118 last sell for?
AED 750,000 on 8 July 2024: AED 604 per sqft for 1,240 sqft. The unit has 3 registered sales; the first was AED 778,888 in October 2020.
What is the rent for unit 118?
AED 45,946 a year on the contract signed on 18 April 2024. The previous contract, from April 2023, was AED 46,000; the unit has been rented since December 2020.
How big is unit 118?
1,240 sqft (115.2 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2020.
What is unit 118 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 1 sold for AED 880,000 to 900,000 in the last 12 months, around AED 1,452 per sqft.
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Mortgage on 118, Rawda Apartments 1
Starts from the last sale price (AED 750K, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →