2-bed · 982 sqftRawda Apartments 2, Town Square · 3rd floor · completed 2020

301, Rawda Apartments 2

Sold prices and rental history: sold twice, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 23 October 2023
Last soldAED 840K23 October 2023
Current rentAED 54K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Rawda Apartments 2

What is 301 worth today?

Last sold for AED 840,000 in 2023

Unlock today's estimate, updated daily, with

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

23 Oct 2023SoldReady
AED 840,000AED 855 per sqft
15 Sep 2023RentedRenewal
AED 53,550/yr12 months · AED 55 per sqft
15 Sep 2022RentedRenewal
AED 51,000/yr12 months · AED 52 per sqft
15 Sep 2020RentedNew contract
AED 44,000/yr12 months · AED 45 per sqft
9 Apr 2019Sold by developerOff-plan
AED 871,888AED 887 per sqft

Source: Dubai Land Department. Updated 23 October 2023.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
3rd of 8
Parking
B-283
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,000 /yr
Last sold
AED 840K · October 2023

About 301, Rawda Apartments 2

301 is a two-bedroom apartment of 982 sqft on the 3rd floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 23 October 2023 for AED 840,000, or AED 855 per sqft, 3% below the AED 886 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 53,550 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 16,000 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Rawda Apartments 2
1M1.25M2018202120242027Typical sale price by year: 2018 AED 987,888; 2019 AED 904,888; 2020 AED 973,888; 2021 AED 954,888; 2023 AED 845,000; 2024 AED 1,000,000; 2025 AED 1,270,000; 2026 AED 1,300,000Sold by developer, April 2019: AED 871,888 (AED 887 per sqft)Sold, October 2023: AED 840,000 (AED 855 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Rawda Apartments 2
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 46,000; 2022 AED 52,800; 2023 AED 58,800; 2024 AED 75,000; 2025 AED 83,000; 2026 AED 85,000New contract, September 2020: AED 44,000 a yearRenewal, September 2022: AED 51,000 a yearRenewal, September 2023: AED 53,550 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 2, and where 301 sits

All 94 2-beds →

301 last sold in October 2023 at AED 855 per sqft, 3% below what two-beds in Rawda Apartments 2 were fetching at the time (AED 886). Over the last 12 months two-beds sold for AED 904,700 to 1,600,000, around AED 1,343 per sqft, and rent for AED 64,000 to 123,000 a year. 301's AED 53,550 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20261,300,000
20 Jan 20261,530,888
5 Jan 2026904,700
26 Dec 20251,265,000
10 2-bed sales in the last 12 months

Rawda Apartments 2

Building

144 apartments, 1-bed to 3-bed over 8 floors in Town Square, completed in 2020 by Nshama Properties. 10 sold in the last 12 months.

Typical price per sqft
AED 1,343 Up 10.4%
Typical sale
AED 1.29M
Typical rent
AED 85K /yr
Typical yield
5.8%
Rawda Apartments 2, Town Square: prices, sales and rents →

Other units on the 3rd floor

All 144 units in Rawda Apartments 2
Value
3022-bedAED 800K · Sep 2024
3032-bedAED 840K · Jul 2023
3042-bedAED 974K · Jan 2020
3052-bedAED 943K · Feb 2020
306AED 1.17M · Sep 2025
3072-bedAED 974K · Jan 2020
3082-bedAED 947K · Jan 2020
1–7 of 17

301, Rawda Apartments 2 in numbers

  • Sold twice: first on 9 April 2019 for AED 871,888, last on 23 October 2023 for AED 840,000 (AED 855 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 44,000 to AED 53,550 a year.
  • At AED 53,550 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 16,000 a year (AED 16.27 per sqft).
  • Two-beds in Rawda Apartments 2 sold for AED 904,700–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,343 per sqft.

Source: Dubai Land Department. Updated 23 October 2023.

Questions about 301, Rawda Apartments 2

What did unit 301 last sell for?

AED 840,000 on 23 October 2023: AED 855 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 871,888 in April 2019.

What is the rent for unit 301?

AED 53,550 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 51,000; the unit has been rented since September 2020.

How big is unit 301?

982 sqft (91.2 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 301 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 2 sold for AED 904,700 to 1,600,000 in the last 12 months, around AED 1,343 per sqft.

Selling 301? 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 301, Rawda Apartments 2

Starts from the last sale price (AED 840K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →