1406, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in January 2021, 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 1406, Rawda Apartments 1
What is 1406 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 919 sqft
- Floor
- 14th of 14
- Parking
- B-151
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.18M · January 2021
- Building
- Rawda Apartments 1
About 1406, Rawda Apartments 1
1406 is a two-bedroom apartment of 919 sqft on the 14th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 31 January 2021 for AED 1,181,888, or AED 1,286 per sqft, 4% above the AED 1,233 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 85,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 15,000 a year.
Sales and rents for 1406 over time
1406 has sold once; the dashed line is the two-bed median of each year in the building.
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 1406 sits
All 132 2-beds →1406 last sold in January 2021 at AED 1,286 per sqft, 4% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,233). 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. 1406's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202619 February 2026 | 931 sqft | 1,500,000 | 1,611 | ||
| 15 Dec 202515 December 2025 | 907 sqft | 1,225,000 | 1,350 | ||
| 8 Dec 20258 December 2025 | 1,012 sqft | 1,186,111 | 1,171 | ||
| 12 Jun 202512 June 2025 | 913 sqft | 1,275,000 | 1,396 |
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 14th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,008 sqft | AED 1.08MAED 1,077,888 · Jun 2021June 2021 | 95,358 /yr | |
| 1402 | 1,532 sqft | AED 2.2MAED 2,200,000 · Aug 2025August 2025 | |||
| 1403 | 3-bed | 698 sqft | AED 1.63MAED 1,630,888 · Nov 2021November 2021 | 115,000 /yr | |
| 1404 | 2-bed | 913 sqft | AED 1.17MAED 1,173,888 · May 2021May 2021 | 85,000 /yr | |
| 1405 | 2-bed | 888 sqft | AED 985KAED 985,000 · Feb 2024February 2024 | 90,000 /yr | |
| 1407 | 2-bed | 922 sqft | AED 1.19MAED 1,185,888 · May 2021May 2021 | 69,008 /yr | |
| 1408 | 1-bed | 605 sqft | AED 823KAED 822,888 · May 2021May 2021 | ||
| 1409 | 1-bed | 610 sqft | AED 778KAED 777,888 · Jan 2018January 2018 | 65,000 /yr | |
| 1410 | 1-bed | 668 sqft | AED 810KAED 810,000 · Jan 2025January 2025 | 70,000 /yr | |
| 1411 | 2-bed | 916 sqft | AED 815KAED 815,000 · Feb 2024February 2024 | 95,000 /yr | |
| 1412 | 2-bed | 906 sqft | AED 974KAED 973,888 · Mar 2018March 2018 | 82,000 /yr | |
| 1413 | 2-bed | 912 sqft | AED 984KAED 983,888 · May 2019May 2019 | 78,750 /yr | |
| 1414 | 2-bed | 918 sqft | AED 975KAED 975,000 · Nov 2024November 2024 | 62,700 /yr | |
| 1415 | 612 sqft | AED 900KAED 900,000 · Nov 2025November 2025 | |||
| 1416 | 1-bed | 611 sqft | AED 693KAED 692,888 · Oct 2017October 2017 | 60,000 /yr |
1406, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 31 January 2021 for AED 1,181,888, or AED 1,286 per sqft.
- Rented since March 2021 on 5 Ejari contracts, from AED 40,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 15,000 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 25 March 2025.
Questions about 1406, Rawda Apartments 1
What did unit 1406 last sell for?
AED 1,181,888 on 31 January 2021, sold by the developer: AED 1,286 per sqft for 919 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 85,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 85,000; the unit has been rented since March 2021.
How big is unit 1406?
919 sqft (85.4 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower completed in 2020.
What is unit 1406 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 1406, Rawda Apartments 1
Starts from the last sale price (AED 1.18M, 31 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,181,888
- Deposit, UAE resident (20%)
- AED 236,378
- Deposit, non-resident (40%)
- AED 472,755
- Monthly over 25 years at 3.7%
- AED 4,835
Plus AED 54,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →