504, 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 504, Rawda Apartments 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 922 sqft
- Floor
- 5th of 14
- Parking
- B-23
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.13M · January 2021
- Building
- Rawda Apartments 1
About 504, Rawda Apartments 1
504 is a two-bedroom apartment of 922 sqft on the 5th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 28 January 2021 for AED 1,130,888, or AED 1,226 per sqft, in line with the AED 1,227 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 15 November 2024, is AED 67,200 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 15,000 a year.
Sales and rents for 504 over time
504 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 504 sits
All 132 2-beds →504 last sold in January 2021 at AED 1,226 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,227). 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. 504's AED 67,200 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 5th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,012 sqft | AED 958KAED 957,888 · Jul 2019July 2019 | 50,000 /yr | |
| 502 | 1,520 sqft | AED 2.28MAED 2,275,888 · Aug 2025August 2025 | 85,000 /yr | ||
| 503 | 3-bed | 1,451 sqft | AED 1.58MAED 1,577,888 · Sep 2021September 2021 | ||
| 505 | 2-bed | 896 sqft | AED 1.1MAED 1,099,888 · Mar 2021March 2021 | 105,000 /yr | |
| 506 | 2-bed | 928 sqft | AED 1.33MAED 1,325,000 · May 2025May 2025 | 80,000 /yr | |
| 507 | 2-bed | 931 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 90,000 /yr | |
| 508 | 1-bed | 614 sqft | AED 790KAED 789,888 · Oct 2020October 2020 | 60,500 /yr | |
| 509 | 1-bed | 614 sqft | AED 790KAED 789,888 · Oct 2020October 2020 | 63,000 /yr | |
| 510 | 3-bed | 1,501 sqft | AED 1.69MAED 1,693,888 · Feb 2021February 2021 | 130,000 /yr | |
| 511 | 2-bed | 911 sqft | AED 1MAED 1,001,888 · Oct 2019October 2019 | 65,000 /yr | |
| 512 | 1-bed | 679 sqft | AED 900KAED 900,000 · Jul 2025July 2025 | 70,000 /yr | |
| 513 | 2-bed | 927 sqft | AED 1.02MAED 1,015,888 · Jul 2021July 2021 | 85,000 /yr | |
| 514 | 2-bed | 907 sqft | AED 1.25MAED 1,250,000 · May 2025May 2025 | 70,000 /yr | |
| 515 | 2-bed | 969 sqft | AED 1.02MAED 1,022,888 · Oct 2019October 2019 | 69,300 /yr | |
| 516 | 2-bed | 975 sqft | AED 513KAED 512,944 · Aug 2021August 2021 | 80,000 /yr | |
| 517 | 1-bed | 611 sqft | AED 890KAED 890,000 · Jun 2025June 2025 | 65,000 /yr | |
| 518 | 1-bed | 611 sqft | AED 800KAED 800,000 · Aug 2024August 2024 |
504, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 28 January 2021 for AED 1,130,888, or AED 1,226 per sqft.
- Rented since February 2021 on 5 Ejari contracts, from AED 54,000 to AED 67,200 a year.
- At AED 67,200 a year the gross yield on the 2021 price is 5.9%, 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 15 November 2024.
Questions about 504, Rawda Apartments 1
What did unit 504 last sell for?
AED 1,130,888 on 28 January 2021, sold by the developer: AED 1,226 per sqft for 922 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 67,200 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 64,000; the unit has been rented since February 2021.
How big is unit 504?
922 sqft (85.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.
What is unit 504 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 504, Rawda Apartments 1
Starts from the last sale price (AED 1.13M, 28 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,130,888
- Deposit, UAE resident (20%)
- AED 226,178
- Deposit, non-resident (40%)
- AED 452,355
- Monthly over 25 years at 3.7%
- AED 4,627
Plus AED 52,508 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →