1-bed · 679 sqftRawda Apartments 1, Town Square · 12th floor · completed 2020

1212, Rawda Apartments 1

Sold prices and rental history: sold twice, last in April 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 700K22 April 2024
Current rentAED 35K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Rawda Apartments 1

What is 1212 worth today?

Last sold for AED 700,000 in 2024

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22 Apr 2024SoldReady
AED 700,000AED 1,031 per sqft
1 Sep 2022RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
1 Sep 2021RentedRenewal
AED 33,000/yr12 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
13 Feb 2018Sold by developerOff-plan
AED 760,888AED 1,121 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
12th of 14
Parking
P-268
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 700K · April 2024

About 1212, Rawda Apartments 1

1212 is a one-bedroom apartment of 679 sqft on the 12th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 22 April 2024 for AED 700,000, or AED 1,031 per sqft, in line with the AED 1,058 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 35,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, 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, February 2018: AED 760,888 (AED 1,121 per sqft)Sold, April 2024: AED 700,000 (AED 1,031 per sqft)

1212 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1212, 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, September 2020: AED 30,000 a yearRenewal, September 2021: AED 33,000 a yearRenewal, September 2022: AED 35,000 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 1212 sits

All 70 1-beds →

1212 last sold in April 2024 at AED 1,031 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,058). 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. 1212's AED 35,000 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 12th floor

All 248 units in Rawda Apartments 1
Value
12012-bedAED 997K · Feb 2018
12023-bedAED 1.67M · Oct 2021
12033-bedAED 1.64M · Dec 2021
12042-bedAED 1.33M · Mar 2025
12052-bedAED 1.45M · Oct 2026
12062-bedAED 1.18M · Jul 2026
12072-bedAED 1.23M · Oct 2024
1–7 of 17

1212, Rawda Apartments 1 in numbers

  • Sold twice: first on 13 February 2018 for AED 760,888, last on 22 April 2024 for AED 700,000 (AED 1,031 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 30,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 11,000 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 22 April 2024.

Questions about 1212, Rawda Apartments 1

What did unit 1212 last sell for?

AED 700,000 on 22 April 2024: AED 1,031 per sqft for 679 sqft. The unit has 2 registered sales; the first was AED 760,888 in February 2018.

What is the rent for unit 1212?

AED 35,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 33,000; the unit has been rented since September 2020.

How big is unit 1212?

679 sqft (63.1 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1212 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 1212, Rawda Apartments 1

Starts from the last sale price (AED 700K, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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