2-bed · 1,012 sqftRawda Apartments 1, Town Square · 4th floor · completed 2020

401, Rawda Apartments 1

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 1.03M1 May 2024
Current rentAED 100K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Rawda Apartments 1

What is 401 worth today?

Last sold for AED 1,025,000 in 2024

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29 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 99 per sqft
21 Jul 2024RentedNew contract
AED 95,000/yr12 months · AED 94 per sqft
1 May 2024SoldReady
AED 1,025,000AED 1,012 per sqft
23 Nov 2023RentedNew contract
AED 72,000/yr12 months · AED 71 per sqft
23 Nov 2022RentedNew contract
AED 71,801/yr12 months · AED 71 per sqft
4 Jan 2021Sold by developerReady
AED 1,020,888AED 1,008 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
2-bed apartment
Size
1,012 sqft
Floor
4th of 14
Parking
B-20
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,500 /yr
Last sold
AED 1.03M · May 2024

About 401, Rawda Apartments 1

401 is a two-bedroom apartment of 1,012 sqft on the 4th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 1 May 2024 for AED 1,025,000, or AED 1,012 per sqft, in line with the AED 1,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 29 August 2025, is AED 100,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, January 2021: AED 1,020,888 (AED 1,008 per sqft)Sold, May 2024: AED 1,025,000 (AED 1,012 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Rawda Apartments 1
50K75K100K2020202220242026Typical 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 2022: AED 71,801 a yearNew contract, November 2023: AED 72,000 a yearNew contract, July 2024: AED 95,000 a yearNew contract, August 2025: AED 100,000 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 401 sits

All 132 2-beds →

401 last sold in May 2024 at AED 1,012 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,023). 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. 401's AED 100,000 is in the upper 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 4th floor

All 248 units in Rawda Apartments 1
Value
4023-bedAED 1.59M · Nov 2021
403AED 1.7M · Jun 2024
4042-bedAED 1.11M · Aug 2021
4052-bedAED 1.11M · Aug 2017
4062-bedAED 850K · Oct 2023
4072-bedAED 1.38M · May 2025
4081-bedAED 730K · Apr 2024
1–7 of 17

401, Rawda Apartments 1 in numbers

  • Sold twice: first on 4 January 2021 for AED 1,020,888, last on 1 May 2024 for AED 1,025,000 (AED 1,012 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 71,801 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 16,500 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 29 August 2025.

Questions about 401, Rawda Apartments 1

What did unit 401 last sell for?

AED 1,025,000 on 1 May 2024: AED 1,012 per sqft for 1,012 sqft. The unit has 2 registered sales; the first was AED 1,020,888 in January 2021.

What is the rent for unit 401?

AED 100,000 a year on the contract signed on 29 August 2025. The previous contract, from July 2024, was AED 95,000; the unit has been rented since November 2022.

How big is unit 401?

1,012 sqft (94.0 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.

What is unit 401 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 401, Rawda Apartments 1

Starts from the last sale price (AED 1.03M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →