976 sqftRawda Apartments 1, Town Square · 6th floor · completed 2020

616, Rawda Apartments 1

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

Unit 616 · DLD and Ejari recordsUpdated 21 December 2025
Last soldAED 964K17 August 2017
Current rentAED 85K /yr21 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Rawda Apartments 1

What is 616 worth today?

Last sold for AED 963,888 in 2017

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21 Dec 2025RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
21 Dec 2023RentedRenewal
AED 72,000/yr12 months · AED 74 per sqft
6 Jun 2023RentedRenewal
AED 58,299/yr6 months · AED 60 per sqft
6 Jun 2022RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
20 May 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
5 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
17 Aug 2017Sold by developerOff-plan
AED 963,888AED 987 per sqft

Source: Dubai Land Department. Updated 21 December 2025.

Key facts

Type
Apartment
Size
976 sqft
Floor
6th of 14
Parking
B-85
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 964K · August 2017

About 616, Rawda Apartments 1

616 is an apartment of 976 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 17 August 2017 for AED 963,888, or AED 987 per sqft.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 21 December 2025, is AED 85,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 15,900 a year.

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

616, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 17 August 2017 for AED 963,888, or AED 987 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 15,900 a year (AED 16.27 per sqft).

Source: Dubai Land Department. Updated 21 December 2025.

Questions about 616, Rawda Apartments 1

What did unit 616 last sell for?

AED 963,888 on 17 August 2017, sold by the developer: AED 987 per sqft for 976 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 85,000 a year on the contract renewed on 21 December 2025. The previous contract, from December 2023, was AED 72,000; the unit has been rented since November 2020.

How big is unit 616?

976 sqft (90.7 sqm): an apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 616 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 616, Rawda Apartments 1

Starts from the last sale price (AED 964K, 17 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 963,888
Deposit, UAE resident (20%)
AED 192,778
Deposit, non-resident (40%)
AED 385,555
Monthly over 25 years at 3.7%
AED 3,944

Plus AED 45,494 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →