2-bed · 927 sqftRawda Apartments 1, Town Square · 12th floor · completed 2020

1213, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.05M28 October 2019
Current rentAED 80K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1213, Rawda Apartments 1

What is 1213 worth today?

Last sold for AED 1,054,888 in 2019

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25 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
15 May 2023RentedRenewal
AED 50,600/yr12 months · AED 55 per sqft
15 May 2022RentedRenewal
AED 46,000/yr12 months · AED 50 per sqft
15 May 2021RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
28 Oct 2019Sold by developerOff-plan
AED 1,054,888AED 1,138 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
2-bed apartment
Size
927 sqft
Floor
12th of 14
Parking
B-140
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 1.05M · October 2019

About 1213, Rawda Apartments 1

1213 is a two-bedroom apartment of 927 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 28 October 2019 for AED 1,054,888, or AED 1,138 per sqft, 5% above the AED 1,079 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 25 August 2024, is AED 80,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1213 over time

Sales
Unit 1213, 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 2019: AED 1,054,888 (AED 1,138 per sqft)

1213 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1213, 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, May 2021: AED 40,000 a yearRenewal, May 2022: AED 46,000 a yearRenewal, May 2023: AED 50,600 a yearNew contract, August 2024: AED 80,000 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 1213 sits

All 138 2-beds →

1213 last sold in October 2019 at AED 1,138 per sqft, 5% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,079). 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. 1213's AED 80,000 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 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

1213, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 28 October 2019 for AED 1,054,888, or AED 1,138 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 40,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 7.6%, 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 25 August 2024.

Questions about 1213, Rawda Apartments 1

What did unit 1213 last sell for?

AED 1,054,888 on 28 October 2019, sold by the developer: AED 1,138 per sqft for 927 sqft. It is the only registered sale of the unit.

What is the rent for unit 1213?

AED 80,000 a year on the contract signed on 25 August 2024. The previous contract, from May 2023, was AED 50,600; the unit has been rented since May 2021.

How big is unit 1213?

927 sqft (86.1 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1213 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 1213, Rawda Apartments 1

Starts from the last sale price (AED 1.05M, 28 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,054,888
Deposit, UAE resident (20%)
AED 210,978
Deposit, non-resident (40%)
AED 421,955
Monthly over 25 years at 3.7%
AED 4,316

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