1308, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in September 2017, 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 1308, Rawda Apartments 1
What is 1308 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 616 sqft
- Floor
- 13th of 14
- Parking
- P-21
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 791K · September 2017
- Building
- Rawda Apartments 1
About 1308, Rawda Apartments 1
1308 is a one-bedroom apartment of 616 sqft on the 13th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 19 September 2017 for AED 790,888, or AED 1,284 per sqft, 18% above the AED 1,090 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 50,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1308 over time
1308 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 1308 sits
All 69 1-beds →1308 last sold in September 2017 at AED 1,284 per sqft, 18% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,090). 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. 1308's AED 50,000 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 13th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,012 sqft | AED 1.08MAED 1,075,888 · Jul 2021July 2021 | ||
| 1302 | 3-bed | 1,862 sqft | AED 1.74MAED 1,744,888 · Feb 2018February 2018 | ||
| 1303 | 3-bed | 1,455 sqft | AED 1.65MAED 1,651,888 · Dec 2021December 2021 | 125,000 /yr | |
| 1304 | 2-bed | 924 sqft | AED 1.2MAED 1,197,888 · Sep 2017September 2017 | 60,900 /yr | |
| 1305 | 2-bed | 899 sqft | AED 1.23MAED 1,230,888 · Sep 2024September 2024 | 92,000 /yr | |
| 1306 | 2-bed | 930 sqft | AED 990KAED 990,000 · Oct 2023October 2023 | 100,000 /yr | |
| 1307 | 2-bed | 933 sqft | AED 1.38MAED 1,375,888 · Jan 2025January 2025 | 95,000 /yr | |
| 1309 | 1-bed | 700 sqft | AED 750KAED 750,000 · May 2024May 2024 | 65,000 /yr | |
| 1310 | 1-bed | 681 sqft | AED 819KAED 818,888 · May 2021May 2021 | ||
| 1311 | 2-bed | 929 sqft | AED 991KAED 990,888 · Dec 2023December 2023 | 85,000 /yr | |
| 1312 | 2-bed | 905 sqft | AED 972KAED 971,888 · Aug 2017August 2017 | ||
| 1313 | 2-bed | 971 sqft | AED 999KAED 998,888 · Oct 2017October 2017 | 82,000 /yr | |
| 1314 | 2-bed | 978 sqft | AED 990KAED 990,000 · Aug 2024August 2024 | 92,000 /yr | |
| 1315 | 1-bed | 613 sqft | AED 689KAED 688,888 · Apr 2018April 2018 | 65,000 /yr | |
| 1316 | 1-bed | 613 sqft | AED 615KAED 615,000 · Oct 2023October 2023 | 80,000 /yr |
1308, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 19 September 2017 for AED 790,888, or AED 1,284 per sqft.
- Rented since August 2020 on 6 Ejari contracts, from AED 34,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 10,000 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 1 June 2025.
Questions about 1308, Rawda Apartments 1
What did unit 1308 last sell for?
AED 790,888 on 19 September 2017, sold by the developer: AED 1,284 per sqft for 616 sqft. It is the only registered sale of the unit.
What is the rent for unit 1308?
AED 50,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 70,000; the unit has been rented since August 2020.
How big is unit 1308?
616 sqft (57.2 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2020.
What is unit 1308 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 1308, Rawda Apartments 1
Starts from the last sale price (AED 791K, 19 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 790,888
- Deposit, UAE resident (20%)
- AED 158,178
- Deposit, non-resident (40%)
- AED 316,355
- Monthly over 25 years at 3.7%
- AED 3,236
Plus AED 38,228 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →