2-bed · 975 sqftRawda Apartments 1, Town Square · 2nd floor · completed 2020

216, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 954K26 July 2017
Current rentAED 115K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Rawda Apartments 1

What is 216 worth today?

Last sold for AED 953,888 in 2017

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1 Mar 2026RentedRenewal
AED 115,000/yr12 months · AED 117 per sqft
1 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
1 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
1 Jun 2021RentedNew contract
AED 82,000/yr12 months · AED 84 per sqft
26 Jul 2017Sold by developerOff-plan
AED 953,888AED 977 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
975 sqft
Floor
2nd of 14
Parking
B-59 , B-31
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 954K · July 2017

About 216, Rawda Apartments 1

216 is a two-bedroom apartment of 975 sqft on the 2nd floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 26 July 2017 for AED 953,888, or AED 977 per sqft, 5% below the AED 1,028 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 115,000 a year: a gross yield of 12.1% on the 2017 price, before the service charge of about AED 15,900 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical two-bed in Rawda Apartments 1
1M1.25M2017202020232026Typical 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, July 2017: AED 953,888 (AED 977 per sqft)

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

Rents
Unit 216, each contractTypical two-bed in Rawda Apartments 1
50K100K2020202220242026Typical 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, June 2021: AED 82,000 a yearNew contract, March 2025: AED 90,000 a yearNew contract, March 2025: AED 90,000 a yearRenewal, March 2026: AED 115,000 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 216 sits

All 138 2-beds →

216 last sold in July 2017 at AED 977 per sqft, 5% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,028). 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. 216's AED 115,000 is in the upper half 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 2nd floor

All 248 units in Rawda Apartments 1
Value
2012-bedAED 1.19M · Dec 2025
2023-bedAED 1.68M · Aug 2021
2033-bedAED 1.54M · Sep 2021
2042-bedAED 1.13M · Aug 2017
2052-bedAED 1.17M · Sep 2024
2062-bedAED 1.13M · Feb 2021
2072-bedAED 1.11M · Jan 2021
1–7 of 17

216, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 26 July 2017 for AED 953,888, or AED 977 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 82,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 12.1%, before a service charge of about AED 15,900 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 1 March 2026.

Questions about 216, Rawda Apartments 1

What did unit 216 last sell for?

AED 953,888 on 26 July 2017, sold by the developer: AED 977 per sqft for 975 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 115,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 90,000; the unit has been rented since June 2021.

How big is unit 216?

975 sqft (90.6 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 216 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 216, Rawda Apartments 1

Starts from the last sale price (AED 954K, 26 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 953,888
Deposit, UAE resident (20%)
AED 190,778
Deposit, non-resident (40%)
AED 381,555
Monthly over 25 years at 3.7%
AED 3,903

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