2-bed · 928 sqftRawda Apartments 1, Town Square · 12th floor · completed 2020

1206, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 24 March 2021
Last soldAED 1.2M24 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Rawda Apartments 1

What is 1206 worth today?

Last sold for AED 1,200,888 in 2021

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24 Mar 2021Sold by developerReady
AED 1,200,888AED 1,294 per sqft

Source: Dubai Land Department. Updated 24 March 2021.

Key facts

Type
2-bed apartment
Size
928 sqft
Floor
12th of 14
Parking
B-143
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 1.2M · March 2021

About 1206, Rawda Apartments 1

1206 is a two-bedroom apartment of 928 sqft on the 12th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 24 March 2021 for AED 1,200,888, or AED 1,294 per sqft, 5% above the AED 1,227 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, 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 1,200,888 (AED 1,294 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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 90,000

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 1206 sits

All 132 2-beds →

1206 last sold in March 2021 at AED 1,294 per sqft, 5% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,227). 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.

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 12th floor

All 248 units in Rawda Apartments 1
Value
12012-bedAED 997K · Feb 2018
12023-bedAED 1.67M · Oct 2021
12033-bedAED 1.64M · Dec 2021
12042-bedAED 1.33M · Mar 2025
12052-bedAED 935K · Oct 2023
12072-bedAED 1.23M · Oct 2024
12081-bedAED 650K · Sep 2023
1–7 of 17

1206, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 24 March 2021 for AED 1,200,888, or AED 1,294 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 24 March 2021.

Questions about 1206, Rawda Apartments 1

What did unit 1206 last sell for?

AED 1,200,888 on 24 March 2021, sold by the developer: AED 1,294 per sqft for 928 sqft. It is the only registered sale of the unit.

How big is unit 1206?

928 sqft (86.2 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1206 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 1206, Rawda Apartments 1

Starts from the last sale price (AED 1.2M, 24 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,888
Deposit, UAE resident (20%)
AED 240,178
Deposit, non-resident (40%)
AED 480,355
Monthly over 25 years at 3.7%
AED 4,913

Plus AED 55,448 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →