408, Rawda Apartments 1
Sold prices and rental history: sold twice, last in April 2024, 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 408, Rawda Apartments 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 4th of 14
- Parking
- P-265
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 730K · April 2024
- Building
- Rawda Apartments 1
About 408, Rawda Apartments 1
408 is a one-bedroom apartment of 614 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 26 April 2024 for AED 730,000, or AED 1,188 per sqft, 12% above the AED 1,058 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 November 2024, is AED 65,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 10,000 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rawda Apartments 1, and where 408 sits
All 69 1-beds →408 last sold in April 2024 at AED 1,188 per sqft, 12% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,058). Over the last 12 months one-beds sold for AED 880,000 to 900,000, around AED 1,452 per sqft, and rent for AED 56,760 to 75,000 a year. 408's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 614 sqft | 880,000 | 1,433 | ||
| 10 Jul 202510 July 2025 | 679 sqft | 900,000 | 1,326 | ||
| 10 Jun 202510 June 2025 | 611 sqft | 890,000 | 1,455 | ||
| 19 Mar 202519 March 2025 | 611 sqft | 815,000 | 1,333 |
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 4th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,012 sqft | AED 1.03MAED 1,025,000 · May 2024May 2024 | 100,000 /yr | |
| 402 | 3-bed | 1,520 sqft | AED 1.59MAED 1,588,888 · Nov 2021November 2021 | 85,000 /yr | |
| 403 | 1,453 sqft | AED 1.7MAED 1,700,000 · Jun 2024June 2024 | 100,000 /yr | ||
| 404 | 2-bed | 919 sqft | AED 1.11MAED 1,111,888 · Aug 2021August 2021 | 85,000 /yr | |
| 405 | 2-bed | 896 sqft | AED 1.11MAED 1,114,888 · Aug 2017August 2017 | 100,000 /yr | |
| 406 | 2-bed | 928 sqft | AED 850KAED 850,000 · Oct 2023October 2023 | 100,000 /yr | |
| 407 | 2-bed | 931 sqft | AED 1.38MAED 1,380,000 · May 2025May 2025 | 90,000 /yr | |
| 409 | 1-bed | 614 sqft | AED 733KAED 732,888 · Oct 2017October 2017 | 48,400 /yr | |
| 410 | 3-bed | 1,501 sqft | AED 1.68MAED 1,680,888 · Feb 2021February 2021 | 130,000 /yr | |
| 411 | 2-bed | 911 sqft | AED 946KAED 945,888 · Jul 2017July 2017 | 65,401 /yr | |
| 412 | 1-bed | 679 sqft | AED 740KAED 739,888 · Sep 2017September 2017 | 70,000 /yr | |
| 413 | 2-bed | 927 sqft | AED 957KAED 956,888 · Sep 2017September 2017 | 93,000 /yr | |
| 414 | 2-bed | 907 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 98,000 /yr | |
| 415 | 2-bed | 969 sqft | AED 1.09MAED 1,086,888 · Sep 2024September 2024 | ||
| 416 | 2-bed | 975 sqft | AED 968KAED 967,888 · Aug 2017August 2017 | 85,000 /yr | |
| 417 | 1-bed | 611 sqft | AED 666KAED 665,888 · Dec 2017December 2017 | 47,355 /yr | |
| 418 | 1-bed | 611 sqft | AED 668KAED 667,888 · Dec 2017December 2017 | 65,635 /yr |
408, Rawda Apartments 1 in numbers
- Sold twice: first on 10 October 2017 for AED 728,888, last on 26 April 2024 for AED 730,000 (AED 1,188 per sqft).
- Rented since November 2021 on 4 Ejari contracts, from AED 35,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 10,000 a year (AED 16.27 per sqft).
- One-beds in Rawda Apartments 1 sold for AED 880,000–900,000 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 15 November 2024.
Questions about 408, Rawda Apartments 1
What did unit 408 last sell for?
AED 730,000 on 26 April 2024: AED 1,188 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 728,888 in October 2017.
What is the rent for unit 408?
AED 65,000 a year on the contract signed on 15 November 2024. The previous contract, from November 2023, was AED 41,800; the unit has been rented since November 2021.
How big is unit 408?
614 sqft (57.0 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 1 sold for AED 880,000 to 900,000 in the last 12 months, around AED 1,452 per sqft.
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Mortgage on 408, Rawda Apartments 1
Starts from the last sale price (AED 730K, 26 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus AED 35,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →