1-bed · 612 sqftRawda Apartments 1, Town Square · 12th floor · completed 2020

1217, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1217 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 736K18 August 2021
Current rentAED 65K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1217, Rawda Apartments 1

What is 1217 worth today?

Last sold for AED 735,888 in 2021

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1 Aug 2026RentedRenewal
AED 65,000/yr12 months · AED 106 per sqft
1 Aug 2025RentedRenewal
AED 65,000/yr12 months · AED 106 per sqft
1 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
9 May 2023RentedNew contract
AED 12,000/yr12 months · AED 20 per sqft
18 Aug 2021Sold by developerReady
AED 735,888AED 1,203 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
612 sqft
Floor
12th of 14
Parking
P-267
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 736K · August 2021

About 1217, Rawda Apartments 1

1217 is a one-bedroom apartment of 612 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 18 August 2021 for AED 735,888, or AED 1,203 per sqft, 5% below the AED 1,268 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 65,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1217 over time

Sales
Unit 1217, 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, August 2021: AED 735,888 (AED 1,203 per sqft)

1217 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1217, each contractTypical one-bed in Rawda Apartments 1
25K50K2020202220242026Typical 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, May 2023: AED 12,000 a yearNew contract, August 2024: AED 65,000 a yearRenewal, August 2025: AED 65,000 a yearRenewal, August 2026: AED 65,000 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 1217 sits

All 70 1-beds →

1217 last sold in August 2021 at AED 1,203 per sqft, 5% below what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,268). 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. 1217's AED 65,000 is in the upper half 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

1217, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 18 August 2021 for AED 735,888, or AED 1,203 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 12,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 9,900 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 1 August 2026.

Questions about 1217, Rawda Apartments 1

What did unit 1217 last sell for?

AED 735,888 on 18 August 2021, sold by the developer: AED 1,203 per sqft for 612 sqft. It is the only registered sale of the unit.

What is the rent for unit 1217?

AED 65,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 65,000; the unit has been rented since May 2023.

How big is unit 1217?

612 sqft (56.9 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1217 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 1217, Rawda Apartments 1

Starts from the last sale price (AED 736K, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 735,888
Deposit, UAE resident (20%)
AED 147,178
Deposit, non-resident (40%)
AED 294,355
Monthly over 25 years at 3.7%
AED 3,011

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