1-bed · 611 sqftRawda Apartments 1, Town Square · 12th floor · completed 2020

1218, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1218 · DLD and Ejari recordsUpdated 14 August 2026
Last soldAED 687K12 February 2018
Current rentAED 63K /yr14 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1218, Rawda Apartments 1

What is 1218 worth today?

Last sold for AED 686,888 in 2018

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14 Aug 2026RentedRenewal
AED 63,000/yr12 months · AED 103 per sqft
14 Aug 2024RentedNew contract
AED 63,000/yr12 months · AED 103 per sqft
2 Jun 2023RentedRenewal
AED 40,700/yr12 months · AED 67 per sqft
2 Jun 2022RentedRenewal
AED 37,000/yr12 months · AED 61 per sqft
2 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
12 Feb 2018Sold by developerOff-plan
AED 686,888AED 1,123 per sqft

Source: Dubai Land Department. Updated 14 August 2026.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
12th of 14
Parking
P-266
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 687K · February 2018

About 1218, Rawda Apartments 1

1218 is a one-bedroom apartment of 611 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 12 February 2018 for AED 686,888, or AED 1,123 per sqft, in line with the AED 1,110 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 14 August 2026, is AED 63,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1218 over time

Sales
Unit 1218, 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 686,888 (AED 1,123 per sqft)

1218 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1218, 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, June 2021: AED 30,000 a yearRenewal, June 2022: AED 37,000 a yearRenewal, June 2023: AED 40,700 a yearNew contract, August 2024: AED 63,000 a yearRenewal, August 2026: AED 63,000 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 1218 sits

All 70 1-beds →

1218 last sold in February 2018 at AED 1,123 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,110). 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. 1218's AED 63,000 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

1218, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 12 February 2018 for AED 686,888, or AED 1,123 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 30,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2018 price is 9.2%, 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 14 August 2026.

Questions about 1218, Rawda Apartments 1

What did unit 1218 last sell for?

AED 686,888 on 12 February 2018, sold by the developer: AED 1,123 per sqft for 611 sqft. It is the only registered sale of the unit.

What is the rent for unit 1218?

AED 63,000 a year on the contract renewed on 14 August 2026. The previous contract, from August 2024, was AED 63,000; the unit has been rented since June 2021.

How big is unit 1218?

611 sqft (56.8 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1218 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 1218, Rawda Apartments 1

Starts from the last sale price (AED 687K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 686,888
Deposit, UAE resident (20%)
AED 137,378
Deposit, non-resident (40%)
AED 274,755
Monthly over 25 years at 3.7%
AED 2,810

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