816, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 816, Rawda Apartments 1
What is 816 worth today?
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Source: Dubai Land Department. Updated 21 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 975 sqft
- Floor
- 8th of 14
- Parking
- B-132
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.04M · August 2021
- Building
- Rawda Apartments 1
About 816, Rawda Apartments 1
816 is a two-bedroom apartment of 975 sqft on the 8th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 3 August 2021 for AED 1,044,888, or AED 1,071 per sqft, 13% below the AED 1,226 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 21 September 2024, is AED 84,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 15,900 a year.
Sales and rents for 816 over time
816 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 816 sits
All 132 2-beds →816 last sold in August 2021 at AED 1,071 per sqft, 13% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,226). 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. 816's AED 84,000 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 8th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,012 sqft | AED 1.05MAED 1,045,888 · Feb 2020February 2020 | 70,350 /yr | |
| 802 | 3-bed | 1,522 sqft | AED 1.63MAED 1,633,888 · Aug 2021August 2021 | ||
| 803 | 3-bed | 1,451 sqft | AED 1.61MAED 1,608,888 · Dec 2021December 2021 | ||
| 804 | 2-bed | 922 sqft | AED 1.14MAED 1,144,888 · Jan 2021January 2021 | 100,000 /yr | |
| 805 | 2-bed | 896 sqft | AED 1.11MAED 1,110,888 · Dec 2020December 2020 | 80,000 /yr | |
| 806 | 2-bed | 928 sqft | AED 1.33MAED 1,330,000 · Mar 2025March 2025 | 75,000 /yr | |
| 807 | 2-bed | 931 sqft | AED 1.16MAED 1,155,888 · Jul 2021July 2021 | 65,933 /yr | |
| 808 | 1-bed | 614 sqft | AED 804KAED 803,888 · Jan 2021January 2021 | ||
| 809 | 1-bed | 614 sqft | AED 825KAED 825,000 · Jan 2025January 2025 | 80,000 /yr | |
| 810 | 3-bed | 1,501 sqft | AED 1.67MAED 1,665,000 · Jan 2024January 2024 | 145,000 /yr | |
| 811 | 911 sqft | AED 1.18MAED 1,180,000 · Oct 2025October 2025 | 96,000 /yr | ||
| 812 | 1-bed | 679 sqft | AED 711KAED 710,888 · Dec 2023December 2023 | 62,500 /yr | |
| 813 | 927 sqft | AED 1.31MAED 1,310,000 · Nov 2025November 2025 | 60,000 /yr | ||
| 814 | 2-bed | 907 sqft | AED 1.23MAED 1,225,000 · Dec 2025December 2025 | 75,000 /yr | |
| 815 | 2-bed | 969 sqft | AED 1.1MAED 1,100,000 · Dec 2023December 2023 | 100,000 /yr | |
| 817 | 1-bed | 611 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 65,000 /yr | |
| 818 | 1-bed | 611 sqft | AED 815KAED 815,000 · Mar 2025March 2025 | 50,000 /yr |
816, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 3 August 2021 for AED 1,044,888, or AED 1,071 per sqft.
- Rented since January 2022 on 4 Ejari contracts, from AED 67,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 15,900 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 21 September 2024.
Questions about 816, Rawda Apartments 1
What did unit 816 last sell for?
AED 1,044,888 on 3 August 2021, sold by the developer: AED 1,071 per sqft for 975 sqft. It is the only registered sale of the unit.
What is the rent for unit 816?
AED 84,000 a year on the contract signed on 21 September 2024. The previous contract, from January 2024, was AED 77,000; the unit has been rented since January 2022.
How big is unit 816?
975 sqft (90.6 sqm): a two-bedroom apartment on the 8th floor of a 14-storey tower completed in 2020.
What is unit 816 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 816, Rawda Apartments 1
Starts from the last sale price (AED 1.04M, 3 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,044,888
- Deposit, UAE resident (20%)
- AED 208,978
- Deposit, non-resident (40%)
- AED 417,955
- Monthly over 25 years at 3.7%
- AED 4,275
Plus AED 48,896 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →