1-bed · 610 sqftRawda Apartments 1, Town Square · 14th floor · completed 2020

1409, Rawda Apartments 1

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

Unit 1409 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 778K4 January 2018
Current rentAED 65K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Rawda Apartments 1

What is 1409 worth today?

Last sold for AED 777,888 in 2018

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1 Jul 2026RentedRenewal
AED 65,000/yr12 months · AED 106 per sqft
1 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
1 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
1 Jul 2024RentedRenewal
AED 45,738/yr12 months · AED 75 per sqft
1 Jul 2023RentedRenewal
AED 41,580/yr12 months · AED 68 per sqft
1 Jul 2022RentedRenewal
AED 39,600/yr12 months · AED 65 per sqft
1 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
4 Jan 2018Sold by developerOff-plan
AED 777,888AED 1,276 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
610 sqft
Floor
14th of 14
Parking
P-256
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 778K · January 2018

About 1409, Rawda Apartments 1

1409 is a one-bedroom apartment of 610 sqft on the 14th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 4 January 2018 for AED 777,888, or AED 1,276 per sqft, 15% above the AED 1,105 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 65,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, January 2018: AED 777,888 (AED 1,276 per sqft)

1409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, 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, July 2021: AED 36,000 a yearRenewal, July 2022: AED 39,600 a yearRenewal, July 2023: AED 41,580 a yearRenewal, July 2024: AED 45,738 a yearNew contract, July 2025: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearRenewal, July 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 1409 sits

All 70 1-beds →

1409 last sold in January 2018 at AED 1,276 per sqft, 15% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,105). 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. 1409'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 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
14062-bedAED 1.42M · Apr 2026
14072-bedAED 1.35M · Nov 2026
1–7 of 15

1409, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 4 January 2018 for AED 777,888, or AED 1,276 per sqft.
  • Rented since July 2021 on 7 Ejari contracts, from AED 36,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2018 price is 8.4%, 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 July 2026.

Questions about 1409, Rawda Apartments 1

What did unit 1409 last sell for?

AED 777,888 on 4 January 2018, sold by the developer: AED 1,276 per sqft for 610 sqft. It is the only registered sale of the unit.

What is the rent for unit 1409?

AED 65,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since July 2021.

How big is unit 1409?

610 sqft (56.7 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2020.

What is unit 1409 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 1409, Rawda Apartments 1

Starts from the last sale price (AED 778K, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 777,888
Deposit, UAE resident (20%)
AED 155,578
Deposit, non-resident (40%)
AED 311,155
Monthly over 25 years at 3.7%
AED 3,183

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