2-bed · 919 sqftRawda Apartments 1, Town Square · 14th floor · completed 2020

1406, Rawda Apartments 1

Sold prices and rental history: sold twice, last in April 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 23 June 2027
Last soldAED 1.42M22 April 2026
Current rentAED 240K /yr23 June 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Rawda Apartments 1

What is 1406 worth today?

Last sold for AED 1,420,000 in 2026

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23 Jun 2027RentedRenewal
AED 239,568/yr1 months · AED 262 per sqft
22 Apr 2026SoldReady
AED 1,420,000AED 1,545 per sqft
25 Mar 2026RentedRenewal
AED 17,037/yr15 months · AED 19 per sqft
25 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 93 per sqft
25 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 93 per sqft
25 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
11 Mar 2023RentedRenewal
AED 53,350/yr12 months · AED 58 per sqft
11 Mar 2022RentedRenewal
AED 48,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 23 June 2027.

Key facts

Type
2-bed apartment
Size
919 sqft
Floor
14th of 14
Parking
B-151
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 1.42M · April 2026

About 1406, Rawda Apartments 1

1406 is a two-bedroom apartment of 919 sqft on the 14th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 22 April 2026 for AED 1,420,000, or AED 1,545 per sqft, 12% above the AED 1,377 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 23 June 2027, is AED 239,568 a year: a gross yield of 16.9% on the 2026 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical two-bed in Rawda Apartments 1
1M1.25M1.5M2017202020232026Typical 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, January 2021: AED 1,181,888 (AED 1,286 per sqft)Sold, April 2026: AED 1,420,000 (AED 1,545 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Rawda Apartments 1
0100K200K2020202220242026Typical 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, March 2021: AED 40,000 a yearRenewal, March 2022: AED 48,000 a yearRenewal, March 2023: AED 53,350 a yearNew contract, March 2024: AED 85,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2026: AED 17,037 a yearRenewal, June 2027: AED 239,568 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 1406 sits

All 138 2-beds →

1406 last sold in April 2026 at AED 1,545 per sqft, 12% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,377). 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. 1406's AED 239,568 is at the top 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 14th floor

All 248 units in Rawda Apartments 1
Value
14012-bedAED 1.08M · Jun 2021
14023-bedAED 2.2M · Aug 2025
14033-bedAED 1.63M · Nov 2021
14042-bedAED 1.17M · May 2021
14052-bedAED 985K · Feb 2024
14072-bedAED 1.35M · Nov 2026
14081-bedAED 823K · May 2021
1–7 of 15

1406, Rawda Apartments 1 in numbers

  • Sold twice: first on 31 January 2021 for AED 1,181,888, last on 22 April 2026 for AED 1,420,000 (AED 1,545 per sqft).
  • Rented since March 2021 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 17,037 in 2026 and recovered to AED 239,568 by June 2027.
  • At AED 239,568 a year the gross yield on the 2026 price is 16.9%, before a service charge of about AED 15,000 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 23 June 2027.

Questions about 1406, Rawda Apartments 1

What did unit 1406 last sell for?

AED 1,420,000 on 22 April 2026: AED 1,545 per sqft for 919 sqft. The unit has 2 registered sales; the first was AED 1,181,888 in January 2021.

What is the rent for unit 1406?

AED 239,568 a year on the contract renewed on 23 June 2027. The previous contract, from March 2026, was AED 17,037; the unit has been rented since March 2021.

How big is unit 1406?

919 sqft (85.4 sqm): a two-bedroom apartment on the 14th floor of a 14-storey tower completed in 2020.

What is unit 1406 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 1406, Rawda Apartments 1

Starts from the last sale price (AED 1.42M, 22 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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