2-bed · 929 sqftRawda Apartments 1, Town Square · 13th floor · completed 2020

1311, Rawda Apartments 1

Sold prices and rental history: sold twice, last in December 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 991K27 December 2023
Current rentAED 85K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, Rawda Apartments 1

What is 1311 worth today?

Last sold for AED 990,888 in 2023

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1 May 2025RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
25 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
27 Dec 2023SoldReady
AED 990,888AED 1,067 per sqft
27 Jun 2021Sold by developerReady
AED 1,061,888AED 1,143 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
13th of 14
Parking
B-145
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 991K · December 2023

About 1311, Rawda Apartments 1

1311 is a two-bedroom apartment of 929 sqft on the 13th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 27 December 2023 for AED 990,888, or AED 1,067 per sqft, 6% above the AED 1,003 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 May 2025, is AED 85,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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, June 2021: AED 1,061,888 (AED 1,143 per sqft)Sold, December 2023: AED 990,888 (AED 1,067 per sqft)

1311 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1311, 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, March 2024: AED 85,000 a yearNew contract, May 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 1311 sits

All 132 2-beds →

1311 last sold in December 2023 at AED 1,067 per sqft, 6% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,003). 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. 1311'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 13th floor

All 248 units in Rawda Apartments 1
Value
13012-bedAED 1.08M · Jul 2021
13023-bedAED 1.74M · Feb 2018
13033-bedAED 1.65M · Dec 2021
13042-bedAED 1.2M · Sep 2017
13052-bedAED 1.23M · Sep 2024
13062-bedAED 990K · Oct 2023
13072-bedAED 1.38M · Jan 2025
1–7 of 15

1311, Rawda Apartments 1 in numbers

  • Sold twice: first on 27 June 2021 for AED 1,061,888, last on 27 December 2023 for AED 990,888 (AED 1,067 per sqft).
  • Rented since March 2024 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 15,100 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 1 May 2025.

Questions about 1311, Rawda Apartments 1

What did unit 1311 last sell for?

AED 990,888 on 27 December 2023: AED 1,067 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 1,061,888 in June 2021.

What is the rent for unit 1311?

AED 85,000 a year on the contract signed on 1 May 2025. The previous contract, from March 2024, was AED 85,000.

How big is unit 1311?

929 sqft (86.3 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2020.

What is unit 1311 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 1311, Rawda Apartments 1

Starts from the last sale price (AED 991K, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 990,888
Deposit, UAE resident (20%)
AED 198,178
Deposit, non-resident (40%)
AED 396,355
Monthly over 25 years at 3.7%
AED 4,054

Plus AED 46,628 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →