3-bed · 1,501 sqftRawda Apartments 1, Town Square · 5th floor · completed 2020

510, Rawda Apartments 1

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

Unit 510 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 1.69M17 February 2021
Current rentAED 130K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Rawda Apartments 1

What is 510 worth today?

Last sold for AED 1,693,888 in 2021

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2 May 2025RentedNew contract
AED 130,000/yr12 months · AED 87 per sqft
20 Oct 2023RentedRenewal
AED 105,000/yr12 months · AED 70 per sqft
20 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
17 Oct 2021RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
17 Feb 2021Sold by developerReady
AED 1,693,888AED 1,128 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.

Key facts

Type
3-bed apartment
Size
1,501 sqft
Floor
5th of 14
Parking
P-307
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,400 /yr
Last sold
AED 1.69M · February 2021

About 510, Rawda Apartments 1

510 is a three-bedroom apartment of 1,501 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 17 February 2021 for AED 1,693,888, or AED 1,128 per sqft, in line with the AED 1,119 three-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 2 May 2025, is AED 130,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 24,400 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical three-bed in Rawda Apartments 1
1.65M1.7M20212022202320242025Typical sale price by year: 2021 AED 1,636,888; 2024 AED 1,685,000Sold by developer, February 2021: AED 1,693,888 (AED 1,128 per sqft)

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

Rents
Unit 510, each contractTypical three-bed in Rawda Apartments 1
75K100K125K202120232025Typical rent by year: 2021 AED 75,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 130,000; 2025 AED 130,000New contract, October 2021: AED 85,000 a yearNew contract, October 2022: AED 90,000 a yearRenewal, October 2023: AED 105,000 a yearNew contract, May 2025: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rawda Apartments 1, and where 510 sits

All 34 3-beds →

510 last sold in February 2021 at AED 1,128 per sqft, in line with what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,119). Over the last 12 months three-beds sold for AED 2,250,888, around AED 1,173 per sqft, and rent for AED 127,000 to 145,000 a year. 510's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Dec 20241,820,000
21 May 20241,670,000
24 Apr 20241,635,000
20 Mar 20241,750,000
1 3-bed sale 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 5th floor

All 248 units in Rawda Apartments 1
Value
5012-bedAED 958K · Jul 2019
502AED 2.28M · Aug 2025
5033-bedAED 1.58M · Sep 2021
5042-bedAED 1.13M · Jan 2021
5052-bedAED 1.1M · Mar 2021
5062-bedAED 1.33M · May 2025
5072-bedAED 1.5M · Feb 2026
1–7 of 17

510, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 17 February 2021 for AED 1,693,888, or AED 1,128 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 85,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 24,400 a year (AED 16.27 per sqft).
  • Three-beds in Rawda Apartments 1 sold for AED 2,250,888–2,250,888 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.

Questions about 510, Rawda Apartments 1

What did unit 510 last sell for?

AED 1,693,888 on 17 February 2021, sold by the developer: AED 1,128 per sqft for 1,501 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 130,000 a year on the contract signed on 2 May 2025. The previous contract, from October 2023, was AED 105,000; the unit has been rented since October 2021.

How big is unit 510?

1,501 sqft (139.4 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rawda Apartments 1 sold for AED 2,250,888 to 2,250,888 in the last 12 months, around AED 1,173 per sqft.

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Mortgage on 510, Rawda Apartments 1

Starts from the last sale price (AED 1.69M, 17 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,693,888
Deposit, UAE resident (20%)
AED 338,778
Deposit, non-resident (40%)
AED 677,555
Monthly over 25 years at 3.7%
AED 6,930

Plus AED 76,154 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →