617, 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 617, Rawda Apartments 2
What is 617 worth today?
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Source: Dubai Land Department. Updated 20 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 945 sqft
- Floor
- 6th of 8
- Parking
- B-191
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,400 /yr
- Last sold
- AED 885K · December 2018
- Building
- Rawda Apartments 2
About 617, Rawda Apartments 2
617 is a two-bedroom apartment of 945 sqft on the 6th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 5 December 2018 for AED 884,888, or AED 935 per sqft, in line with the AED 944 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 65,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 15,400 a year.
Sales and rents for 617 over time
617 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 617 sits
All 94 2-beds →617 last sold in December 2018 at AED 935 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 944). 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. 617's AED 65,000 is in the lower half 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 6th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 982 sqft | AED 956KAED 955,888 · May 2018May 2018 | 92,000 /yr | |
| 602 | 2-bed | 990 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 52,800 /yr | |
| 603 | 2-bed | 935 sqft | AED 873KAED 872,888 · Jan 2019January 2019 | 75,000 /yr | |
| 604 | 2-bed | 1,003 sqft | AED 1.27MAED 1,270,000 · Apr 2025April 2025 | 100,000 /yr | |
| 605 | 912 sqft | AED 1.18MAED 1,180,000 · Nov 2025November 2025 | 80,000 /yr | ||
| 606 | 2-bed | 923 sqft | AED 860KAED 859,888 · Jan 2019January 2019 | ||
| 607 | 2-bed | 1,014 sqft | AED 978KAED 977,888 · Nov 2019November 2019 | 73,500 /yr | |
| 608 | 2-bed | 908 sqft | AED 951KAED 950,888 · Dec 2019December 2019 | 90,000 /yr | |
| 609 | 1-bed | 701 sqft | AED 750KAED 749,888 · Apr 2018April 2018 | 65,000 /yr | |
| 610 | 2-bed | 1,043 sqft | AED 1.01MAED 1,009,888 · Oct 2019October 2019 | 70,500 /yr | |
| 611 | 2-bed | 945 sqft | AED 994KAED 993,888 · Dec 2019December 2019 | 90,000 /yr | |
| 612 | 1-bed | 807 sqft | AED 814KAED 813,888 · Jun 2018June 2018 | 50,000 /yr | |
| 613 | 2-bed | 920 sqft | AED 988KAED 987,888 · May 2018May 2018 | 100,000 /yr | |
| 614 | 2-bed | 959 sqft | AED 730KAED 730,000 · Dec 2021December 2021 | 85,000 /yr | |
| 615 | 3-bed | 1,545 sqft | AED 1.26MAED 1,260,000 · Jan 2023January 2023 | 120,000 /yr | |
| 616 | 3-bed | 1,554 sqft | AED 1.38MAED 1,380,888 · Jun 2019June 2019 | ||
| 618 | 1-bed | 608 sqft | AED 691KAED 690,888 · Apr 2018April 2018 | 58,000 /yr |
617, Rawda Apartments 2 in numbers
- Sold once: by Nshama Properties on 5 December 2018 for AED 884,888, or AED 935 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 46,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 15,400 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 20 December 2023.
Questions about 617, Rawda Apartments 2
What did unit 617 last sell for?
AED 884,888 on 5 December 2018, sold by the developer: AED 935 per sqft for 945 sqft. It is the only registered sale of the unit.
What is the rent for unit 617?
AED 65,000 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 65,000; the unit has been rented since October 2020.
How big is unit 617?
945 sqft (87.8 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.
What is unit 617 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 617, Rawda Apartments 2
Starts from the last sale price (AED 885K, 5 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 884,888
- Deposit, UAE resident (20%)
- AED 176,978
- Deposit, non-resident (40%)
- AED 353,955
- Monthly over 25 years at 3.7%
- AED 3,620
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →