1-bed · 616 sqftRawda Apartments 1, Town Square · 13th floor · completed 2020

1308, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 791K19 September 2017
Current rentAED 70K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Rawda Apartments 1

What is 1308 worth today?

Last sold for AED 790,888 in 2017

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1 Jun 2026RentedRenewal
AED 70,000/yr12 months · AED 114 per sqft
1 Jun 2025RentedRenewal
AED 70,000/yr12 months · AED 114 per sqft
1 Jun 2025RentedRenewal
AED 50,000/yr12 months · AED 81 per sqft
1 Jun 2025RentedRenewal
AED 50,000/yr12 months · AED 81 per sqft
1 Jun 2025RentedRenewal
AED 70,000/yr12 months · AED 114 per sqft
1 Jun 2024RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
25 Aug 2023RentedRenewal
AED 40,950/yr8 months · AED 67 per sqft
25 Aug 2022RentedRenewal
AED 39,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
13th of 14
Parking
P-21
Developer
Nshama Properties
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 791K · September 2017

About 1308, Rawda Apartments 1

1308 is a one-bedroom apartment of 616 sqft on the 13th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 19 September 2017 for AED 790,888, or AED 1,284 per sqft, 18% above the AED 1,090 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 10 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 70,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, September 2017: AED 790,888 (AED 1,284 per sqft)

1308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, 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, August 2020: AED 34,000 a yearRenewal, August 2021: AED 34,000 a yearRenewal, August 2022: AED 39,000 a yearRenewal, August 2023: AED 40,950 a yearNew contract, June 2024: AED 70,000 a yearRenewal, June 2025: AED 70,000 a yearRenewal, June 2025: AED 50,000 a yearRenewal, June 2025: AED 50,000 a yearRenewal, June 2025: AED 70,000 a yearRenewal, June 2026: AED 70,000 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 1308 sits

All 70 1-beds →

1308 last sold in September 2017 at AED 1,284 per sqft, 18% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,090). 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. 1308's AED 70,000 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 13th floor

All 248 units in Rawda Apartments 1
Value
13012-bedAED 1.08M · Jul 2021
13023-bedAED 1.74M · Feb 2018
13033-bedAED 1.65M · Dec 2021
13042-bedAED 1.2M · Sep 2017
13052-bedAED 1.23M · Sep 2024
13062-bedAED 990K · Oct 2023
13072-bedAED 1.38M · Jan 2025
1–7 of 15

1308, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 19 September 2017 for AED 790,888, or AED 1,284 per sqft.
  • Rented since August 2020 on 10 Ejari contracts, from AED 34,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 10,000 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 1 June 2026.

Questions about 1308, Rawda Apartments 1

What did unit 1308 last sell for?

AED 790,888 on 19 September 2017, sold by the developer: AED 1,284 per sqft for 616 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 70,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 70,000; the unit has been rented since August 2020.

How big is unit 1308?

616 sqft (57.2 sqm): a one-bedroom apartment on the 13th floor of a 14-storey tower completed in 2020.

What is unit 1308 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 1308, Rawda Apartments 1

Starts from the last sale price (AED 791K, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 790,888
Deposit, UAE resident (20%)
AED 158,178
Deposit, non-resident (40%)
AED 316,355
Monthly over 25 years at 3.7%
AED 3,236

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