506, Rawda Apartments 2
Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Rawda Apartments 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 923 sqft
- Floor
- 5th of 8
- Parking
- B-2
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,000 /yr
- Last sold
- AED 858K · December 2018
- Building
- Rawda Apartments 2
About 506, Rawda Apartments 2
506 is a two-bedroom apartment of 923 sqft on the 5th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 12 December 2018 for AED 857,888, or AED 929 per sqft, in line with the AED 933 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 August 2025, is AED 62,617 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 15,000 a year.
Sales and rents for 506 over time
506 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 2, and where 506 sits
All 94 2-beds →506 last sold in December 2018 at AED 929 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 933). 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. 506's AED 62,617 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 934 sqft | 1,300,000 | 1,392 | ||
| 20 Jan 202620 January 2026 | 916 sqft | 1,530,888 | 1,672 | ||
| 5 Jan 20265 January 2026 | 1,610 sqft | 904,700 | 561 | ||
| 26 Dec 202526 December 2025 | 959 sqft | 1,265,000 | 1,318 |
Rawda Apartments 2
Building144 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%
Other units on the 5th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 982 sqft | AED 941KAED 940,888 · Jan 2021January 2021 | ||
| 502 | 2-bed | 990 sqft | AED 1.28MAED 1,275,000 · Jun 2025June 2025 | 90,000 /yr | |
| 503 | 2-bed | 935 sqft | AED 870KAED 869,888 · Feb 2019February 2019 | 85,000 /yr | |
| 504 | 2-bed | 1,003 sqft | AED 975KAED 974,888 · Feb 2020February 2020 | 64,288 /yr | |
| 505 | 2-bed | 912 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 87,000 /yr | |
| 507 | 1,014 sqft | AED 1.17MAED 1,170,000 · Oct 2025October 2025 | 92,000 /yr | ||
| 508 | 2-bed | 908 sqft | AED 861KAED 860,888 · Jan 2019January 2019 | 64,680 /yr | |
| 509 | 1-bed | 698 sqft | AED 688KAED 687,888 · Dec 2018December 2018 | 48,914 /yr | |
| 510 | 2-bed | 1,043 sqft | AED 1.01MAED 1,007,888 · Sep 2019September 2019 | ||
| 511 | 2-bed | 945 sqft | AED 925KAED 924,888 · Jul 2019July 2019 | 80,000 /yr | |
| 512 | 1-bed | 808 sqft | AED 773KAED 772,888 · Aug 2020August 2020 | 29,000 /yr | |
| 513 | 2-bed | 921 sqft | AED 920KAED 920,000 · May 2024May 2024 | 83,000 /yr | |
| 514 | 2-bed | 959 sqft | AED 883KAED 882,888 · Dec 2018December 2018 | 90,000 /yr | |
| 515 | 3-bed | 1,545 sqft | AED 1.37MAED 1,372,888 · May 2019May 2019 | ||
| 516 | 3-bed | 1,554 sqft | AED 1.47MAED 1,470,888 · May 2021May 2021 | ||
| 517 | 2-bed | 948 sqft | AED 883KAED 882,888 · Dec 2018December 2018 | 68,250 /yr | |
| 518 | 1-bed | 610 sqft | AED 750KAED 750,000 · Apr 2025April 2025 | 70,000 /yr |
506, Rawda Apartments 2 in numbers
- Sold once: by Nshama Properties on 12 December 2018 for AED 857,888, or AED 929 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 40,000 to AED 62,617 a year.
- At AED 62,617 a year the gross yield on the 2018 price is 7.3%, 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 1 August 2025.
Questions about 506, Rawda Apartments 2
What did unit 506 last sell for?
AED 857,888 on 12 December 2018, sold by the developer: AED 929 per sqft for 923 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 62,617 a year on the contract signed on 1 August 2025. The previous contract, from August 2024, was AED 56,925; the unit has been rented since August 2020.
How big is unit 506?
923 sqft (85.7 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.
What is unit 506 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 506, Rawda Apartments 2
Starts from the last sale price (AED 858K, 12 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 857,888
- Deposit, UAE resident (20%)
- AED 171,578
- Deposit, non-resident (40%)
- AED 343,155
- Monthly over 25 years at 3.7%
- AED 3,510
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →