2-bed · 925 sqftRawda Apartments 1, Town Square · 11th floor · completed 2020

1113, Rawda Apartments 1

Sold prices and rental history: sold twice, last in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1113 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 980K15 February 2024
Current rentAED 53K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1113, Rawda Apartments 1

What is 1113 worth today?

Last sold for AED 980,000 in 2024

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15 Feb 2024SoldReady
AED 980,000AED 1,059 per sqft
1 Oct 2022RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft
7 Mar 2022RentedRenewal
AED 53,000/yr12 months · AED 57 per sqft
7 Mar 2021RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
11 Sep 2017Sold by developerOff-plan
AED 979,888AED 1,058 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
2-bed apartment
Size
925 sqft
Floor
11th of 14
Parking
B-139
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 980K · February 2024

About 1113, Rawda Apartments 1

1113 is a two-bedroom apartment of 925 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 15 February 2024 for AED 980,000, or AED 1,059 per sqft, 5% above the AED 1,013 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 October 2022, is AED 53,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1113 over time

Sales
Unit 1113, each saleTypical two-bed in Rawda Apartments 1
1M1.25M2017202020232026Typical sale price by year: 2017 AED 967,888; 2018 AED 979,888; 2019 AED 1,054,888; 2020 AED 1,136,888; 2021 AED 1,125,888; 2023 AED 930,000; 2024 AED 1,093,444; 2025 AED 1,275,000; 2026 AED 1,385,000Sold by developer, September 2017: AED 979,888 (AED 1,058 per sqft)Sold, February 2024: AED 980,000 (AED 1,059 per sqft)

1113 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1113, each contractTypical two-bed in Rawda Apartments 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 46,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 76,000; 2025 AED 85,000; 2026 AED 87,000New contract, March 2021: AED 48,000 a yearRenewal, March 2022: AED 53,000 a yearNew contract, October 2022: AED 53,000 a year

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 1113 sits

All 138 2-beds →

1113 last sold in February 2024 at AED 1,059 per sqft, 5% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,013). 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. 1113's AED 53,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
28 Oct 20261,450,000
25 Sep 20261,270,000
8 Sep 20261,650,888
13 2-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

1113, Rawda Apartments 1 in numbers

  • Sold twice: first on 11 September 2017 for AED 979,888, last on 15 February 2024 for AED 980,000 (AED 1,059 per sqft).
  • Rented since March 2021 on 3 Ejari contracts, from AED 48,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 15,100 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 15 February 2024.

Questions about 1113, Rawda Apartments 1

What did unit 1113 last sell for?

AED 980,000 on 15 February 2024: AED 1,059 per sqft for 925 sqft. The unit has 2 registered sales; the first was AED 979,888 in September 2017.

What is the rent for unit 1113?

AED 53,000 a year on the contract signed on 1 October 2022. The previous contract, from March 2022, was AED 53,000; the unit has been rented since March 2021.

How big is unit 1113?

925 sqft (85.9 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2020.

What is unit 1113 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 1113, Rawda Apartments 1

Starts from the last sale price (AED 980K, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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