2-bed · 922 sqftRawda Apartments 1, Town Square · 14th floor · completed 2020

1407, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.19M24 May 2021
Current rentAED 69K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Rawda Apartments 1

What is 1407 worth today?

Last sold for AED 1,185,888 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Sep 2025RentedRenewal
AED 69,008/yr11 months · AED 75 per sqft
25 Aug 2024RentedRenewal
AED 63,692/yr13 months · AED 70 per sqft
25 Jul 2022RentedRenewal
AED 54,600/yr12 months · AED 59 per sqft
25 Jul 2021RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft
24 May 2021Sold by developerReady
AED 1,185,888AED 1,285 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
2-bed apartment
Size
922 sqft
Floor
14th of 14
Parking
B-150
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 1.19M · May 2021

About 1407, Rawda Apartments 1

1407 is a two-bedroom apartment of 922 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 24 May 2021 for AED 1,185,888, or AED 1,285 per sqft, 5% above the AED 1,226 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 69,008 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, May 2021: AED 1,185,888 (AED 1,285 per sqft)

1407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, 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, July 2021: AED 52,000 a yearRenewal, July 2022: AED 54,600 a yearRenewal, August 2024: AED 63,692 a yearRenewal, September 2025: AED 69,008 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 1407 sits

All 132 2-beds →

1407 last sold in May 2021 at AED 1,285 per sqft, 5% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,226). 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. 1407's AED 69,008 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 14th floor

All 248 units in Rawda Apartments 1
Value
14012-bedAED 1.08M · Jun 2021
1402AED 2.2M · Aug 2025
14033-bedAED 1.63M · Nov 2021
14042-bedAED 1.17M · May 2021
14052-bedAED 985K · Feb 2024
14062-bedAED 1.18M · Jan 2021
14081-bedAED 823K · May 2021
1–7 of 15

1407, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 24 May 2021 for AED 1,185,888, or AED 1,285 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 52,000 to AED 69,008 a year.
  • At AED 69,008 a year the gross yield on the 2021 price is 5.8%, 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 September 2025.

Questions about 1407, Rawda Apartments 1

What did unit 1407 last sell for?

AED 1,185,888 on 24 May 2021, sold by the developer: AED 1,285 per sqft for 922 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 69,008 a year on the contract renewed on 25 September 2025. The previous contract, from August 2024, was AED 63,692; the unit has been rented since July 2021.

How big is unit 1407?

922 sqft (85.7 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower completed in 2020.

What is unit 1407 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.

Selling 1407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1407, Rawda Apartments 1

Starts from the last sale price (AED 1.19M, 24 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,888
Deposit, UAE resident (20%)
AED 237,178
Deposit, non-resident (40%)
AED 474,355
Monthly over 25 years at 3.7%
AED 4,852

Plus AED 54,818 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →