1203, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in December 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Rawda Apartments 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 17 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,451 sqft
- Floor
- 12th of 14
- Parking
- P-11
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 23,600 /yr
- Last sold
- AED 1.64M · December 2021
- Building
- Rawda Apartments 1
About 1203, Rawda Apartments 1
1203 is a three-bedroom apartment of 1,451 sqft on the 12th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 15 December 2021 for AED 1,642,888, or AED 1,132 per sqft, 4% above the AED 1,091 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 17 October 2026, is AED 120,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 23,600 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rawda Apartments 1, and where 1203 sits
All 40 3-beds →1203 last sold in December 2021 at AED 1,132 per sqft, 4% above what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,091). Over the last 12 months three-beds sold for AED 2,250,888, around AED 1,173 per sqft, and rent for AED 83,340 to 145,000 a year. 1203's AED 120,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Dec 20255 December 2025 | 1,918 sqft | 2,250,888 | 1,173 | ||
| 28 Aug 202528 August 2025 | 1,520 sqft | 2,275,888 | 1,496 | ||
| 15 Aug 202515 August 2025 | 1,522 sqft | 2,150,000 | 1,412 | ||
| 14 Aug 202514 August 2025 | 1,532 sqft | 2,200,000 | 1,435 |
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 12th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,012 sqft | AED 997KAED 996,888 · Feb 2018February 2018 | 90,000 /yr | |
| 1202 | 3-bed | 1,522 sqft | AED 1.67MAED 1,668,888 · Oct 2021October 2021 | ||
| 1204 | 2-bed | 922 sqft | AED 1.33MAED 1,325,000 · Mar 2025March 2025 | 102,000 /yr | |
| 1205 | 2-bed | 896 sqft | AED 1.45MAED 1,450,000 · Oct 2026October 2026 | 90,000 /yr | |
| 1206 | 2-bed | 928 sqft | AED 1.18MAED 1,175,000 · Jul 2026July 2026 | ||
| 1207 | 2-bed | 931 sqft | AED 1.23MAED 1,225,888 · Oct 2024October 2024 | 94,500 /yr | |
| 1208 | 1-bed | 614 sqft | AED 650KAED 650,000 · Sep 2023September 2023 | 65,000 /yr | |
| 1209 | 1-bed | 614 sqft | AED 895KAED 895,000 · Mar 2026March 2026 | 73,000 /yr | |
| 1210 | 3-bed | 1,501 sqft | AED 1.65MAED 1,645,888 · Nov 2021November 2021 | ||
| 1211 | 2-bed | 912 sqft | AED 1.35MAED 1,350,888 · Mar 2025March 2025 | 90,000 /yr | |
| 1212 | 1-bed | 679 sqft | AED 700KAED 700,000 · Apr 2024April 2024 | 35,000 /yr | |
| 1213 | 2-bed | 927 sqft | AED 1.05MAED 1,054,888 · Oct 2019October 2019 | 80,000 /yr | |
| 1214 | 2-bed | 907 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 64,680 /yr | |
| 1215 | 2-bed | 969 sqft | AED 994KAED 993,888 · Feb 2018February 2018 | 80,000 /yr | |
| 1216 | 2-bed | 976 sqft | AED 1.33MAED 1,330,888 · Jan 2025January 2025 | ||
| 1217 | 1-bed | 612 sqft | AED 736KAED 735,888 · Aug 2021August 2021 | 65,000 /yr | |
| 1218 | 1-bed | 611 sqft | AED 687KAED 686,888 · Feb 2018February 2018 | 63,000 /yr |
1203, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 15 December 2021 for AED 1,642,888, or AED 1,132 per sqft.
- Rented since April 2022 on 7 Ejari contracts, from AED 85,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 23,600 a year (AED 16.27 per sqft).
- Three-beds in Rawda Apartments 1 sold for AED 2,250,888–2,250,888 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 17 October 2026.
Questions about 1203, Rawda Apartments 1
What did unit 1203 last sell for?
AED 1,642,888 on 15 December 2021, sold by the developer: AED 1,132 per sqft for 1,451 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 120,000 a year on the contract signed on 17 October 2026. The previous contract, from April 2026, was AED 130,578; the unit has been rented since April 2022.
How big is unit 1203?
1,451 sqft (134.8 sqm): a three-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rawda Apartments 1 sold for AED 2,250,888 to 2,250,888 in the last 12 months, around AED 1,173 per sqft.
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Mortgage on 1203, Rawda Apartments 1
Starts from the last sale price (AED 1.64M, 15 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,642,888
- Deposit, UAE resident (20%)
- AED 328,578
- Deposit, non-resident (40%)
- AED 657,155
- Monthly over 25 years at 3.7%
- AED 6,722
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →