2-bed · 969 sqftRawda Apartments 1, Town Square · 11th floor · completed 2020

1115, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1115 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 990K25 October 2017
Current rentAED 75K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1115, Rawda Apartments 1

What is 1115 worth today?

Last sold for AED 989,888 in 2017

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1 Jul 2026RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
1 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
1 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
1 Jul 2024RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
1 Jul 2023RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
1 Jul 2022RentedNew contract
AED 44,400/yr12 months · AED 46 per sqft
1 Jul 2021RentedNew contract
AED 37,000/yr12 months · AED 38 per sqft
25 Oct 2017Sold by developerOff-plan
AED 989,888AED 1,021 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
11th of 14
Parking
B-129
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,800 /yr
Last sold
AED 990K · October 2017

About 1115, Rawda Apartments 1

1115 is a two-bedroom apartment of 969 sqft on the 11th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 25 October 2017 for AED 989,888, or AED 1,021 per sqft, in line with the AED 1,032 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 75,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 15,800 a year.

Sales and rents for 1115 over time

Sales
Unit 1115, 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, October 2017: AED 989,888 (AED 1,021 per sqft)

1115 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1115, each contractTypical two-bed in Rawda Apartments 1
50K75K2020202220242026Typical 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, July 2021: AED 37,000 a yearNew contract, July 2022: AED 44,400 a yearNew contract, July 2023: AED 75,000 a yearRenewal, July 2024: AED 75,000 a yearRenewal, July 2025: AED 75,000 a yearRenewal, July 2025: AED 75,000 a yearRenewal, July 2026: AED 75,000 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 1115 sits

All 138 2-beds →

1115 last sold in October 2017 at AED 1,021 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,032). 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. 1115's AED 75,000 is in the upper 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

1115, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 25 October 2017 for AED 989,888, or AED 1,021 per sqft.
  • Rented since July 2021 on 7 Ejari contracts, from AED 37,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 15,800 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 1 July 2026.

Questions about 1115, Rawda Apartments 1

What did unit 1115 last sell for?

AED 989,888 on 25 October 2017, sold by the developer: AED 1,021 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 1115?

AED 75,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since July 2021.

How big is unit 1115?

969 sqft (90.0 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2020.

What is unit 1115 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 1115, Rawda Apartments 1

Starts from the last sale price (AED 990K, 25 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 989,888
Deposit, UAE resident (20%)
AED 197,978
Deposit, non-resident (40%)
AED 395,955
Monthly over 25 years at 3.7%
AED 4,050

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