718, Rawda Apartments 2
Sold prices and rental history: sold once, by the developer in February 2020, 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 718, Rawda Apartments 2
What is 718 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 609 sqft
- Floor
- 7th of 8
- Parking
- P-418
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 9,900 /yr
- Last sold
- AED 719K · February 2020
- Building
- Rawda Apartments 2
About 718, Rawda Apartments 2
718 is a one-bedroom apartment of 609 sqft on the 7th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 9 February 2020 for AED 718,888, or AED 1,180 per sqft, 17% above the AED 1,009 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 November 2024, is AED 63,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 9,900 a year.
Sales and rents for 718 over time
718 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rawda Apartments 2, and where 718 sits
All 24 1-beds →718 last sold in February 2020 at AED 1,180 per sqft, 17% above what one-beds in Rawda Apartments 2 were fetching at the time (AED 1,009). 718's AED 63,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202515 April 2025 | 610 sqft | 750,000 | 1,230 | ||
| 24 Mar 202524 March 2025 | 808 sqft | 900,000 | 1,113 | ||
| 6 Apr 20246 April 2024 | 701 sqft | 655,000 | 934 | ||
| 13 Mar 202413 March 2024 | 610 sqft | 655,000 | 1,074 |
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 7th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 983 sqft | AED 963KAED 962,888 · Jan 2020January 2020 | 90,000 /yr | |
| 702 | 2-bed | 991 sqft | AED 969KAED 968,888 · Feb 2020February 2020 | 80,000 /yr | |
| 703 | 2-bed | 937 sqft | AED 938KAED 937,888 · Feb 2020February 2020 | 62,000 /yr | |
| 704 | 2-bed | 1,007 sqft | AED 1.1MAED 1,100,000 · Jul 2024July 2024 | 65,000 /yr | |
| 705 | 2-bed | 924 sqft | AED 945KAED 944,888 · Feb 2020February 2020 | 90,000 /yr | |
| 706 | 2-bed | 977 sqft | AED 1.01MAED 1,005,888 · Jun 2021June 2021 | 75,000 /yr | |
| 707 | 2-bed | 1,018 sqft | AED 981KAED 980,888 · Jun 2021June 2021 | 95,000 /yr | |
| 708 | 2-bed | 909 sqft | AED 1.12MAED 1,123,888 · Oct 2024October 2024 | 120,000 /yr | |
| 709 | 1-bed | 702 sqft | AED 742KAED 741,888 · Feb 2020February 2020 | 10,313 /yr | |
| 710 | 2-bed | 1,043 sqft | AED 1.01MAED 1,012,888 · Feb 2020February 2020 | 61,123 /yr | |
| 711 | 2-bed | 947 sqft | AED 1.17MAED 1,174,888 · Sep 2024September 2024 | 90,000 /yr | |
| 712 | 1-bed | 807 sqft | AED 774KAED 773,888 · Sep 2021September 2021 | 45,000 /yr | |
| 713 | 2-bed | 1,446 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 105,000 /yr | |
| 714 | 2-bed | 979 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 65,000 /yr | |
| 715 | 3-bed | 1,503 sqft | AED 1.87MAED 1,870,000 · Jun 2025June 2025 | 93,000 /yr | |
| 716 | 3-bed | 1,512 sqft | AED 1.35MAED 1,350,000 · Feb 2022February 2022 | 110,000 /yr | |
| 717 | 2-bed | 986 sqft | AED 1.22MAED 1,220,000 · Feb 2025February 2025 | 59,400 /yr |
718, Rawda Apartments 2 in numbers
- Sold once: by Nshama Properties on 9 February 2020 for AED 718,888, or AED 1,180 per sqft.
- Rented since October 2020 on 5 Ejari contracts, from AED 35,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 9,900 a year (AED 16.27 per sqft).
Source: Dubai Land Department. Updated 10 November 2024.
Questions about 718, Rawda Apartments 2
What did unit 718 last sell for?
AED 718,888 on 9 February 2020, sold by the developer: AED 1,180 per sqft for 609 sqft. It is the only registered sale of the unit.
What is the rent for unit 718?
AED 63,000 a year on the contract signed on 10 November 2024. The previous contract, from October 2023, was AED 46,000; the unit has been rented since October 2020.
How big is unit 718?
609 sqft (56.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.
What is unit 718 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 718, Rawda Apartments 2
Starts from the last sale price (AED 719K, 9 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 718,888
- Deposit, UAE resident (20%)
- AED 143,778
- Deposit, non-resident (40%)
- AED 287,555
- Monthly over 25 years at 3.7%
- AED 2,941
Plus AED 35,204 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →