2-bed · 921 sqftRawda Apartments 2, Town Square · 3rd floor · completed 2020

313, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 886K6 May 2019
Current rentAED 58K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Rawda Apartments 2

What is 313 worth today?

Last sold for AED 885,888 in 2019

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15 Oct 2024RentedRenewal
AED 58,000/yr12 months · AED 63 per sqft
15 Oct 2023RentedRenewal
AED 52,800/yr12 months · AED 58 per sqft
15 Oct 2022RentedRenewal
AED 48,000/yr12 months · AED 52 per sqft
15 Oct 2021RentedRenewal
AED 46,000/yr12 months · AED 50 per sqft
15 Sep 2020RentedNew contract
AED 43,000/yr13 months · AED 46 per sqft
6 May 2019Sold by developerOff-plan
AED 885,888AED 961 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
921 sqft
Floor
3rd of 8
Parking
B-275
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 886K · May 2019

About 313, Rawda Apartments 2

313 is a two-bedroom apartment of 921 sqft on the 3rd floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 6 May 2019 for AED 885,888, or AED 961 per sqft, in line with the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 58,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 15,000 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, May 2019: AED 885,888 (AED 961 per sqft)

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

Rents
Unit 313, 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 43,000 a yearRenewal, October 2021: AED 46,000 a yearRenewal, October 2022: AED 48,000 a yearRenewal, October 2023: AED 52,800 a yearRenewal, October 2024: AED 58,000 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 2, and where 313 sits

All 94 2-beds →

313 last sold in May 2019 at AED 961 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 934). 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. 313's AED 58,000 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
3012-bedAED 840K · Oct 2023
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
1–7 of 17

313, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 6 May 2019 for AED 885,888, or AED 961 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 43,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 15,000 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 15 October 2024.

Questions about 313, Rawda Apartments 2

What did unit 313 last sell for?

AED 885,888 on 6 May 2019, sold by the developer: AED 961 per sqft for 921 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 58,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 52,800; the unit has been rented since September 2020.

How big is unit 313?

921 sqft (85.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 313 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.

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Mortgage on 313, Rawda Apartments 2

Starts from the last sale price (AED 886K, 6 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 885,888
Deposit, UAE resident (20%)
AED 177,178
Deposit, non-resident (40%)
AED 354,355
Monthly over 25 years at 3.7%
AED 3,624

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