1116, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1116, Rawda Apartments 1
What is 1116 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 976 sqft
- Floor
- 11th of 14
- Parking
- B-116
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,900 /yr
- Last sold
- AED 992K · November 2017
- Building
- Rawda Apartments 1
About 1116, Rawda Apartments 1
1116 is a two-bedroom apartment of 976 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 28 November 2017 for AED 991,888, or AED 1,016 per sqft, in line with the AED 1,031 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 85,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 15,900 a year.
Sales and rents for 1116 over time
1116 has sold once; 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 1116 sits
All 138 2-beds →1116 last sold in November 2017 at AED 1,016 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,031). 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. 1116's AED 85,000 is in the upper 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 11th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,012 sqft | AED 993KAED 992,888 · Jun 2018June 2018 | 76,402 /yr | |
| 1102 | 3-bed | 1,522 sqft | AED 1.82MAED 1,820,000 · Dec 2024December 2024 | 85,000 /yr | |
| 1103 | 3-bed | 1,451 sqft | AED 1.67MAED 1,670,000 · May 2024May 2024 | ||
| 1104 | 2-bed | 922 sqft | AED 1.17MAED 1,174,888 · Sep 2024September 2024 | 90,000 /yr | |
| 1105 | 2-bed | 897 sqft | AED 1.16MAED 1,159,888 · Oct 2017October 2017 | 90,000 /yr | |
| 1106 | 2-bed | 928 sqft | AED 1.2MAED 1,199,888 · Oct 2024October 2024 | 90,000 /yr | |
| 1107 | 2-bed | 931 sqft | AED 1.2MAED 1,200,888 · Aug 2021August 2021 | 85,000 /yr | |
| 1108 | 1-bed | 614 sqft | AED 650KAED 650,000 · Sep 2023September 2023 | 34,000 /yr | |
| 1109 | 1-bed | 614 sqft | AED 500KAED 500,000 · Dec 2022December 2022 | 34,000 /yr | |
| 1110 | 3-bed | 1,501 sqft | AED 1.64MAED 1,638,888 · Nov 2021November 2021 | ||
| 1111 | 2-bed | 913 sqft | AED 1.28MAED 1,275,000 · Jun 2025June 2025 | 87,000 /yr | |
| 1112 | 1-bed | 679 sqft | AED 815KAED 815,000 · Jan 2025January 2025 | 70,000 /yr | |
| 1113 | 2-bed | 925 sqft | AED 980KAED 980,000 · Feb 2024February 2024 | 53,000 /yr | |
| 1114 | 2-bed | 907 sqft | AED 963KAED 962,888 · Sep 2017September 2017 | 66,000 /yr | |
| 1115 | 2-bed | 969 sqft | AED 990KAED 989,888 · Oct 2017October 2017 | 75,000 /yr | |
| 1117 | 1-bed | 612 sqft | AED 683KAED 682,888 · Apr 2018April 2018 | 66,000 /yr | |
| 1118 | 1-bed | 612 sqft | AED 685KAED 684,888 · Mar 2019March 2019 |
1116, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 28 November 2017 for AED 991,888, or AED 1,016 per sqft.
- Rented since January 2021 on 7 Ejari contracts, from AED 44,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 8.6%, 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 1 September 2026.
Questions about 1116, Rawda Apartments 1
What did unit 1116 last sell for?
AED 991,888 on 28 November 2017, sold by the developer: AED 1,016 per sqft for 976 sqft. It is the only registered sale of the unit.
What is the rent for unit 1116?
AED 85,000 a year on the contract signed on 1 September 2026. The previous contract, from March 2025, was AED 72,000; the unit has been rented since January 2021.
How big is unit 1116?
976 sqft (90.7 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2020.
What is unit 1116 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 1116, Rawda Apartments 1
Starts from the last sale price (AED 992K, 28 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 991,888
- Deposit, UAE resident (20%)
- AED 198,378
- Deposit, non-resident (40%)
- AED 396,755
- Monthly over 25 years at 3.7%
- AED 4,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →