2-bed · 971 sqftRawda Apartments 1, Town Square · 13th floor · completed 2020

1313, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1313 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 999K3 October 2017
Current rentAED 82K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1313, Rawda Apartments 1

What is 1313 worth today?

Last sold for AED 998,888 in 2017

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1 Oct 2024RentedNew contract
AED 82,000/yr12 months · AED 85 per sqft
5 Nov 2023RentedRenewal
AED 48,401/yr10 months · AED 50 per sqft
5 Nov 2022RentedRenewal
AED 48,400/yr12 months · AED 50 per sqft
5 Nov 2021RentedNew contract
AED 44,000/yr12 months · AED 45 per sqft
1 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
3 Oct 2017Sold by developerOff-plan
AED 998,888AED 1,028 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
971 sqft
Floor
13th of 14
Parking
B-72
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,800 /yr
Last sold
AED 999K · October 2017

About 1313, Rawda Apartments 1

1313 is a two-bedroom apartment of 971 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 3 October 2017 for AED 998,888, or AED 1,028 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 1 October 2024, is AED 82,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 15,800 a year.

Sales and rents for 1313 over time

Sales
Unit 1313, 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, October 2017: AED 998,888 (AED 1,028 per sqft)

1313 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1313, 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, November 2020: AED 40,000 a yearNew contract, November 2021: AED 44,000 a yearRenewal, November 2022: AED 48,400 a yearRenewal, November 2023: AED 48,401 a yearNew contract, October 2024: AED 82,000 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 1313 sits

All 132 2-beds →

1313 last sold in October 2017 at AED 1,028 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. 1313's AED 82,000 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

1313, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 3 October 2017 for AED 998,888, or AED 1,028 per sqft.
  • Rented since November 2020 on 5 Ejari contracts, from AED 40,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2017 price is 8.2%, 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 1 October 2024.

Questions about 1313, Rawda Apartments 1

What did unit 1313 last sell for?

AED 998,888 on 3 October 2017, sold by the developer: AED 1,028 per sqft for 971 sqft. It is the only registered sale of the unit.

What is the rent for unit 1313?

AED 82,000 a year on the contract signed on 1 October 2024. The previous contract, from November 2023, was AED 48,401; the unit has been rented since November 2020.

How big is unit 1313?

971 sqft (90.2 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2020.

What is unit 1313 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 1313, Rawda Apartments 1

Starts from the last sale price (AED 999K, 3 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 998,888
Deposit, UAE resident (20%)
AED 199,778
Deposit, non-resident (40%)
AED 399,555
Monthly over 25 years at 3.7%
AED 4,087

Plus AED 46,964 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →