1-bed · 614 sqftRawda Apartments 1, Town Square · 11th floor · completed 2020

1108, Rawda Apartments 1

Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 650K14 September 2023
Current rentAED 34K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Rawda Apartments 1

What is 1108 worth today?

Last sold for AED 650,000 in 2023

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14 Sep 2023SoldReady
AED 650,000AED 1,058 per sqft
20 Dec 2021RentedRenewal
AED 34,000/yr12 months · AED 55 per sqft
20 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
15 Sep 2020Sold by developerReady
AED 816,888AED 1,330 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
11th of 14
Parking
P-45
Developer
Nshama Properties
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 650K · September 2023

About 1108, Rawda Apartments 1

1108 is a one-bedroom apartment of 614 sqft on the 11th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 14 September 2023 for AED 650,000, or AED 1,058 per sqft, 16% above the AED 913 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 34,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Rawda Apartments 1
800K2017202020232026Typical sale price by year: 2017 AED 721,888; 2018 AED 686,888; 2019 AED 684,888; 2020 AED 799,388; 2021 AED 811,388; 2023 AED 650,000; 2024 AED 750,000; 2025 AED 820,000; 2026 AED 880,000Sold by developer, September 2020: AED 816,888 (AED 1,330 per sqft)Sold, September 2023: AED 650,000 (AED 1,058 per sqft)

1108 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in Rawda Apartments 1
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 34,000; 2022 AED 39,000; 2023 AED 42,000; 2024 AED 56,500; 2025 AED 63,000; 2026 AED 65,000New contract, December 2020: AED 34,000 a yearRenewal, December 2021: AED 34,000 a year

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 1, and where 1108 sits

All 70 1-beds →

1108 last sold in September 2023 at AED 1,058 per sqft, 16% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 913). Over the last 12 months one-beds sold for AED 870,000 to 900,000, around AED 1,433 per sqft, and rent for AED 45,356 to 80,000 a year. 1108's AED 34,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jul 2026880,000
27 Mar 2026870,000
12 Mar 2026895,000
15 Jan 2026880,000
5 1-bed sales in the last 12 months

Rawda Apartments 1

Building

248 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%
Rawda Apartments 1, Town Square: prices, sales and rents →

Other units on the 11th floor

All 248 units in Rawda Apartments 1
Value
11012-bedAED 993K · Jun 2018
11023-bedAED 1.82M · Dec 2024
11033-bedAED 1.67M · May 2024
11042-bedAED 1.17M · Sep 2024
11052-bedAED 1.16M · Oct 2017
11062-bedAED 1.2M · Oct 2024
11072-bedAED 1.2M · Aug 2021
1–7 of 17

1108, Rawda Apartments 1 in numbers

  • Sold twice: first on 15 September 2020 for AED 816,888, last on 14 September 2023 for AED 650,000 (AED 1,058 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 10,000 a year (AED 16.27 per sqft).
  • One-beds in Rawda Apartments 1 sold for AED 870,000–900,000 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 September 2023.

Questions about 1108, Rawda Apartments 1

What did unit 1108 last sell for?

AED 650,000 on 14 September 2023: AED 1,058 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 816,888 in September 2020.

What is the rent for unit 1108?

AED 34,000 a year on the contract renewed on 20 December 2021. The previous contract, from December 2020, was AED 34,000.

How big is unit 1108?

614 sqft (57.0 sqm): a one-bedroom apartment on the 11th floor of a 14-storey tower completed in 2020.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 1 sold for AED 870,000 to 900,000 in the last 12 months, around AED 1,433 per sqft.

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Mortgage on 1108, Rawda Apartments 1

Starts from the last sale price (AED 650K, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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