2-bed · 927 sqftRawda Apartments 1, Town Square · 6th floor · completed 2020

613, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 3 November 2023
Last soldAED 953K26 July 2017
Current rentAED 80K /yr3 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Rawda Apartments 1

What is 613 worth today?

Last sold for AED 952,888 in 2017

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3 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
10 Sep 2022RentedRenewal
AED 47,000/yr12 months · AED 51 per sqft
10 Sep 2021RentedNew contract
AED 47,000/yr12 months · AED 51 per sqft
1 Sep 2020RentedNew contract
AED 43,902/yr12 months · AED 47 per sqft
26 Jul 2017Sold by developerOff-plan
AED 952,888AED 1,028 per sqft

Source: Dubai Land Department. Updated 3 November 2023.

Key facts

Type
2-bed apartment
Size
927 sqft
Floor
6th of 14
Parking
B-50
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 953K · July 2017

About 613, Rawda Apartments 1

613 is a two-bedroom apartment of 927 sqft on the 6th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 26 July 2017 for AED 952,888, or AED 1,028 per sqft, in line with the AED 1,028 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 3 November 2023, is AED 80,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 15,100 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, July 2017: AED 952,888 (AED 1,028 per sqft)

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

Rents
Unit 613, 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, September 2020: AED 43,902 a yearNew contract, September 2021: AED 47,000 a yearRenewal, September 2022: AED 47,000 a yearNew contract, November 2023: AED 80,000 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 613 sits

All 132 2-beds →

613 last sold in July 2017 at AED 1,028 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,028). 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. 613's AED 80,000 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 6th floor

All 248 units in Rawda Apartments 1
Value
6012-bedAED 700K · Apr 2021
6023-bedAED 1.47M · Sep 2023
6033-bedAED 1.59M · Nov 2021
6042-bedAED 1.16M · Sep 2017
6052-bedAED 1.13M · Nov 2017
6062-bedAED 825K · Aug 2023
6072-bedAED 1.08M · Dec 2023
1–7 of 17

613, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 26 July 2017 for AED 952,888, or AED 1,028 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 43,902 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 15,100 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 3 November 2023.

Questions about 613, Rawda Apartments 1

What did unit 613 last sell for?

AED 952,888 on 26 July 2017, sold by the developer: AED 1,028 per sqft for 927 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 80,000 a year on the contract signed on 3 November 2023. The previous contract, from September 2022, was AED 47,000; the unit has been rented since September 2020.

How big is unit 613?

927 sqft (86.1 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 613 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 613, Rawda Apartments 1

Starts from the last sale price (AED 953K, 26 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 952,888
Deposit, UAE resident (20%)
AED 190,578
Deposit, non-resident (40%)
AED 381,155
Monthly over 25 years at 3.7%
AED 3,899

Plus AED 45,032 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →