2-bed · 935 sqftRawda Apartments 2, Town Square · 4th floor · completed 2020

403, Rawda Apartments 2

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

Unit 403 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 933K26 January 2020
Current rentAED 52K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Rawda Apartments 2

What is 403 worth today?

Last sold for AED 932,888 in 2020

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1 Sep 2024RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
1 Sep 2022RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
1 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
26 Jan 2020Sold by developerOff-plan
AED 932,888AED 997 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
4th of 8
Parking
B-284
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 933K · January 2020

About 403, Rawda Apartments 2

403 is a two-bedroom apartment of 935 sqft on the 4th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 26 January 2020 for AED 932,888, or AED 997 per sqft, 4% above the AED 961 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 1 September 2024, is AED 52,000 a year: a gross yield of 5.6% on the 2020 price, before the service charge of about AED 15,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, January 2020: AED 932,888 (AED 997 per sqft)

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

Rents
Unit 403, 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 48,000 a yearRenewal, September 2022: AED 52,000 a yearRenewal, September 2024: AED 52,000 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 403 sits

All 94 2-beds →

403 last sold in January 2020 at AED 997 per sqft, 4% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 961). 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. 403's AED 52,000 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 4th floor

All 144 units in Rawda Apartments 2
Value
4012-bedAED 967K · Oct 2019
402AED 1.04M · Oct 2025
4042-bedAED 972K · Dec 2019
4052-bedAED 954K · Feb 2020
4062-bedAED 956K · Feb 2020
407AED 1.3M · Aug 2025
408AED 975K · Jun 2024
1–7 of 17

403, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 26 January 2020 for AED 932,888, or AED 997 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 48,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2020 price is 5.6%, before a service charge of about AED 15,200 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 1 September 2024.

Questions about 403, Rawda Apartments 2

What did unit 403 last sell for?

AED 932,888 on 26 January 2020, sold by the developer: AED 997 per sqft for 935 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 52,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2022, was AED 52,000; the unit has been rented since September 2020.

How big is unit 403?

935 sqft (86.9 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 403 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 403, Rawda Apartments 2

Starts from the last sale price (AED 933K, 26 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 932,888
Deposit, UAE resident (20%)
AED 186,578
Deposit, non-resident (40%)
AED 373,155
Monthly over 25 years at 3.7%
AED 3,817

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