1218, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in February 2018, 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 1218, Rawda Apartments 1
What is 1218 worth today?
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Source: Dubai Land Department. Updated 14 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 611 sqft
- Floor
- 12th of 14
- Parking
- P-266
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 9,900 /yr
- Last sold
- AED 687K · February 2018
- Building
- Rawda Apartments 1
About 1218, Rawda Apartments 1
1218 is a one-bedroom apartment of 611 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 12 February 2018 for AED 686,888, or AED 1,123 per sqft, in line with the AED 1,103 one-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 14 August 2024, is AED 63,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1218 over time
1218 has sold once; 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 1218 sits
All 69 1-beds →1218 last sold in February 2018 at AED 1,123 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,103). 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. 1218's AED 63,000 is in the lower half 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 12th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,012 sqft | AED 997KAED 996,888 · Feb 2018February 2018 | 90,000 /yr | |
| 1202 | 3-bed | 1,522 sqft | AED 1.67MAED 1,668,888 · Oct 2021October 2021 | ||
| 1203 | 3-bed | 1,451 sqft | AED 1.64MAED 1,642,888 · Dec 2021December 2021 | 130,000 /yr | |
| 1204 | 2-bed | 922 sqft | AED 1.33MAED 1,325,000 · Mar 2025March 2025 | 102,000 /yr | |
| 1205 | 2-bed | 896 sqft | AED 935KAED 935,000 · Oct 2023October 2023 | 72,000 /yr | |
| 1206 | 2-bed | 928 sqft | AED 1.2MAED 1,200,888 · Mar 2021March 2021 | ||
| 1207 | 2-bed | 931 sqft | AED 1.23MAED 1,225,888 · Oct 2024October 2024 | 90,000 /yr | |
| 1208 | 1-bed | 614 sqft | AED 650KAED 650,000 · Sep 2023September 2023 | 65,000 /yr | |
| 1209 | 1-bed | 614 sqft | AED 701KAED 700,888 · Dec 2023December 2023 | 73,000 /yr | |
| 1210 | 3-bed | 1,501 sqft | AED 1.65MAED 1,645,888 · Nov 2021November 2021 | ||
| 1211 | 2-bed | 912 sqft | AED 1.35MAED 1,350,888 · Mar 2025March 2025 | 95,000 /yr | |
| 1212 | 1-bed | 679 sqft | AED 700KAED 700,000 · Apr 2024April 2024 | 35,000 /yr | |
| 1213 | 2-bed | 927 sqft | AED 1.05MAED 1,054,888 · Oct 2019October 2019 | 80,000 /yr | |
| 1214 | 2-bed | 907 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 64,680 /yr | |
| 1215 | 2-bed | 969 sqft | AED 994KAED 993,888 · Feb 2018February 2018 | 85,000 /yr | |
| 1216 | 2-bed | 976 sqft | AED 1.33MAED 1,330,888 · Jan 2025January 2025 | ||
| 1217 | 1-bed | 612 sqft | AED 736KAED 735,888 · Aug 2021August 2021 | 65,000 /yr |
1218, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 12 February 2018 for AED 686,888, or AED 1,123 per sqft.
- Rented since June 2021 on 4 Ejari contracts, from AED 30,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 9,900 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 14 August 2024.
Questions about 1218, Rawda Apartments 1
What did unit 1218 last sell for?
AED 686,888 on 12 February 2018, sold by the developer: AED 1,123 per sqft for 611 sqft. It is the only registered sale of the unit.
What is the rent for unit 1218?
AED 63,000 a year on the contract signed on 14 August 2024. The previous contract, from June 2023, was AED 40,700; the unit has been rented since June 2021.
How big is unit 1218?
611 sqft (56.8 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.
What is unit 1218 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 1218, Rawda Apartments 1
Starts from the last sale price (AED 687K, 12 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 686,888
- Deposit, UAE resident (20%)
- AED 137,378
- Deposit, non-resident (40%)
- AED 274,755
- Monthly over 25 years at 3.7%
- AED 2,810
Plus AED 33,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →