2-bed · 969 sqftRawda Apartments 1, Town Square · 12th floor · completed 2020

1215, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1215 · DLD and Ejari recordsUpdated 28 June 2025
Last soldAED 994K8 February 2018
Current rentAED 85K /yr28 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Rawda Apartments 1

What is 1215 worth today?

Last sold for AED 993,888 in 2018

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28 Jun 2025RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
16 Apr 2024RentedRenewal
AED 63,800/yr12 months · AED 66 per sqft
16 Apr 2022RentedNew contract
AED 58,000/yr12 months · AED 60 per sqft
25 Oct 2021RentedRenewal
AED 48,400/yr12 months · AED 50 per sqft
25 Oct 2020RentedNew contract
AED 44,000/yr12 months · AED 45 per sqft
8 Feb 2018Sold by developerOff-plan
AED 993,888AED 1,025 per sqft

Source: Dubai Land Department. Updated 28 June 2025.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
12th of 14
Parking
B-80
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,800 /yr
Last sold
AED 994K · February 2018

About 1215, Rawda Apartments 1

1215 is a two-bedroom apartment of 969 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 8 February 2018 for AED 993,888, or AED 1,025 per sqft, in line with the AED 1,035 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 June 2025, is AED 85,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 15,800 a year.

Sales and rents for 1215 over time

Sales
Unit 1215, 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, February 2018: AED 993,888 (AED 1,025 per sqft)

1215 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1215, 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 90,000New contract, October 2020: AED 44,000 a yearRenewal, October 2021: AED 48,400 a yearNew contract, April 2022: AED 58,000 a yearRenewal, April 2024: AED 63,800 a yearNew contract, June 2025: AED 85,000 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 1215 sits

All 132 2-beds →

1215 last sold in February 2018 at AED 1,025 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,035). 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. 1215's AED 85,000 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 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
12062-bedAED 1.2M · Mar 2021
12072-bedAED 1.23M · Oct 2024
1–7 of 17

1215, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 8 February 2018 for AED 993,888, or AED 1,025 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 44,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 15,800 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 28 June 2025.

Questions about 1215, Rawda Apartments 1

What did unit 1215 last sell for?

AED 993,888 on 8 February 2018, sold by the developer: AED 1,025 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 1215?

AED 85,000 a year on the contract signed on 28 June 2025. The previous contract, from April 2024, was AED 63,800; the unit has been rented since October 2020.

How big is unit 1215?

969 sqft (90.0 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1215 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 1215, Rawda Apartments 1

Starts from the last sale price (AED 994K, 8 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 993,888
Deposit, UAE resident (20%)
AED 198,778
Deposit, non-resident (40%)
AED 397,555
Monthly over 25 years at 3.7%
AED 4,066

Plus AED 46,754 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →