1-bed · 611 sqftRawda Apartments 1, Town Square · 7th floor · completed 2020

718, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 681K29 April 2019
Current rentAED 60K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Rawda Apartments 1

What is 718 worth today?

Last sold for AED 680,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
1 Jan 2024RentedRenewal
AED 42,000/yr12 months · AED 68 per sqft
1 Jan 2023RentedRenewal
AED 38,500/yr12 months · AED 63 per sqft
1 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
29 Apr 2019Sold by developerOff-plan
AED 680,888AED 1,113 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
7th of 14
Parking
P-314
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 681K · April 2019

About 718, Rawda Apartments 1

718 is a one-bedroom apartment of 611 sqft on the 7th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 29 April 2019 for AED 680,888, or AED 1,113 per sqft, in line with the AED 1,119 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 10 February 2025, is AED 60,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 9,900 a year.

Sales and rents for 718 over time

Sales
Unit 718, each saleTypical one-bed in Rawda Apartments 1
700K800K2017202020232026Typical sale price by year: 2017 AED 725,388; 2018 AED 686,888; 2019 AED 684,888; 2020 AED 799,388; 2021 AED 811,388; 2023 AED 650,000; 2024 AED 750,000; 2025 AED 815,000Sold by developer, April 2019: AED 680,888 (AED 1,113 per sqft)

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

Rents
Unit 718, each contractTypical one-bed in Rawda Apartments 1
40K60K2020202220242026Typical rent by year: 2020 AED 32,500; 2021 AED 34,000; 2022 AED 38,525; 2023 AED 42,000; 2024 AED 58,000; 2025 AED 63,000; 2026 AED 70,000New contract, January 2021: AED 32,000 a yearRenewal, January 2023: AED 38,500 a yearRenewal, January 2024: AED 42,000 a yearNew contract, February 2025: AED 60,000 a year

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 718 sits

All 69 1-beds →

718 last sold in April 2019 at AED 1,113 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,119). 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. 718's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 2026880,000
10 Jul 2025900,000
10 Jun 2025890,000
19 Mar 2025815,000
2 1-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 7th floor

All 248 units in Rawda Apartments 1
Value
7012-bedAED 1.1M · Jun 2024
7023-bedAED 1.74M · Nov 2019
7033-bedAED 1.5M · May 2023
7042-bedAED 1.16M · Sep 2017
7052-bedAED 700K · Nov 2023
7062-bedAED 1.14M · Mar 2021
7072-bedAED 1.15M · Feb 2021
1–7 of 17

718, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 29 April 2019 for AED 680,888, or AED 1,113 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 9,900 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 10 February 2025.

Questions about 718, Rawda Apartments 1

What did unit 718 last sell for?

AED 680,888 on 29 April 2019, sold by the developer: AED 1,113 per sqft for 611 sqft. It is the only registered sale of the unit.

What is the rent for unit 718?

AED 60,000 a year on the contract signed on 10 February 2025. The previous contract, from January 2024, was AED 42,000; the unit has been rented since January 2021.

How big is unit 718?

611 sqft (56.8 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.

What is unit 718 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.

Selling 718? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 718, Rawda Apartments 1

Starts from the last sale price (AED 681K, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 680,888
Deposit, UAE resident (20%)
AED 136,178
Deposit, non-resident (40%)
AED 272,355
Monthly over 25 years at 3.7%
AED 2,786

Plus AED 33,608 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →