1016, Rawda Apartments 1
Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Rawda Apartments 1
What is 1016 worth today?
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Source: Dubai Land Department. Updated 14 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 976 sqft
- Floor
- 10th of 14
- Parking
- B-175
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.05M · June 2024
- Building
- Rawda Apartments 1
About 1016, Rawda Apartments 1
1016 is a two-bedroom apartment of 976 sqft on the 10th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 14 June 2024 for AED 1,050,000, or AED 1,076 per sqft, 5% above the AED 1,023 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 48,400 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 15,900 a year.
Sales and rents for 1016 over time
1016 has sold 3 times; 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 1, and where 1016 sits
All 138 2-beds →1016 last sold in June 2024 at AED 1,076 per sqft, 5% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,023). Over the last 12 months two-beds sold for AED 935,000 to 2,000,000, around AED 1,367 per sqft, and rent for AED 17,037 to 120,000 a year. 1016's AED 48,400 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 922 sqft | 1,350,000 | 1,463 | ||
| 28 Oct 202628 October 2026 | 896 sqft | 1,450,000 | 1,617 | ||
| 25 Sep 202625 September 2026 | 928 sqft | 1,270,000 | 1,367 | ||
| 8 Sep 20268 September 2026 | 922 sqft | 1,650,888 | 1,789 |
Rawda Apartments 1
Building248 apartments, 1-bed to 3-bed over 14 floors in Town Square, completed in 2020 by Nshama Properties. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,413 Up 4.2%
- Typical sale
- AED 1.23M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,012 sqft | AED 987KAED 986,888 · May 2018May 2018 | 87,000 /yr | |
| 1002 | 3-bed | 1,522 sqft | AED 2.15MAED 2,150,000 · Aug 2025August 2025 | ||
| 1003 | 3-bed | 1,451 sqft | AED 1.63MAED 1,626,888 · Nov 2021November 2021 | ||
| 1004 | 2-bed | 923 sqft | AED 1.28MAED 1,275,000 · Feb 2025February 2025 | 90,000 /yr | |
| 1005 | 2-bed | 897 sqft | AED 1.15MAED 1,153,888 · Dec 2017December 2017 | 90,000 /yr | |
| 1006 | 2-bed | 928 sqft | AED 1.28MAED 1,280,888 · Feb 2020February 2020 | 62,700 /yr | |
| 1007 | 2-bed | 931 sqft | AED 1.28MAED 1,278,888 · Feb 2020February 2020 | 96,000 /yr | |
| 1008 | 1-bed | 614 sqft | AED 880KAED 880,000 · Jan 2026January 2026 | 72,000 /yr | |
| 1009 | 1-bed | 614 sqft | AED 750KAED 750,000 · Sep 2024September 2024 | 75,000 /yr | |
| 1010 | 3-bed | 1,501 sqft | AED 1.63MAED 1,629,888 · Feb 2022February 2022 | 110,000 /yr | |
| 1011 | 2-bed | 912 sqft | AED 963KAED 962,888 · Nov 2017November 2017 | 90,000 /yr | |
| 1012 | 1-bed | 679 sqft | AED 750KAED 750,000 · Nov 2024November 2024 | 45,356 /yr | |
| 1013 | 2-bed | 927 sqft | AED 930KAED 930,000 · Dec 2023December 2023 | 62,000 /yr | |
| 1014 | 2-bed | 907 sqft | AED 1.19MAED 1,185,888 · Oct 2024October 2024 | 95,000 /yr | |
| 1015 | 2-bed | 969 sqft | AED 985KAED 984,888 · Sep 2017September 2017 | 75,000 /yr | |
| 1017 | 1-bed | 612 sqft | AED 679KAED 678,888 · May 2018May 2018 | 60,000 /yr | |
| 1018 | 1-bed | 611 sqft | AED 681KAED 680,888 · Apr 2018April 2018 | 56,760 /yr |
1016, Rawda Apartments 1 in numbers
- Sold 3 times: first on 5 November 2017 for AED 985,888, last on 14 June 2024 for AED 1,050,000 (AED 1,076 per sqft).
- Rented since February 2021 on 2 Ejari contracts, from AED 44,000 to AED 48,400 a year.
- At AED 48,400 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 15,900 a year (AED 16.27 per sqft).
- Two-beds in Rawda Apartments 1 sold for AED 935,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.
Source: Dubai Land Department. Updated 14 June 2024.
Questions about 1016, Rawda Apartments 1
What did unit 1016 last sell for?
AED 1,050,000 on 14 June 2024: AED 1,076 per sqft for 976 sqft. The unit has 3 registered sales; the first was AED 985,888 in November 2017.
What is the rent for unit 1016?
AED 48,400 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 44,000.
How big is unit 1016?
976 sqft (90.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2020.
What is unit 1016 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 1 sold for AED 935,000 to 2,000,000 in the last 12 months, around AED 1,367 per sqft.
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Mortgage on 1016, Rawda Apartments 1
Starts from the last sale price (AED 1.05M, 14 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →