3-bed · 1,522 sqftRawda Apartments 1, Town Square · 3rd floor · completed 2020

302, Rawda Apartments 1

Sold prices and rental history: sold twice, last in March 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 1.75M20 March 2024
Current rentAED 115K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Rawda Apartments 1

What is 302 worth today?

Last sold for AED 1,750,000 in 2024

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20 Mar 2024SoldReady
AED 1,750,000AED 1,149 per sqft
25 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
19 Oct 2021Sold by developerReady
AED 1,579,888AED 1,037 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
3-bed apartment
Size
1,522 sqft
Floor
3rd of 14
Parking
P-326
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,800 /yr
Last sold
AED 1.75M · March 2024

About 302, Rawda Apartments 1

302 is a three-bedroom apartment of 1,522 sqft on the 3rd floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 20 March 2024 for AED 1,750,000, or AED 1,149 per sqft, 11% above the AED 1,039 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2022. The current contract, signed on 25 November 2022, is AED 115,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 24,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Rawda Apartments 1
1.5M2M202120232025Typical sale price by year: 2021 AED 1,638,888; 2023 AED 1,500,000; 2024 AED 1,700,000; 2025 AED 2,240,000Sold by developer, October 2021: AED 1,579,888 (AED 1,037 per sqft)Sold, March 2024: AED 1,750,000 (AED 1,149 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Rawda Apartments 1
75K100K125K2021202320252027Typical rent by year: 2021 AED 80,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 130,000New contract, November 2022: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rawda Apartments 1, and where 302 sits

All 40 3-beds →

302 last sold in March 2024 at AED 1,149 per sqft, 11% above what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,039). Over the last 12 months three-beds sold for AED 2,250,888, around AED 1,173 per sqft, and rent for AED 83,340 to 145,000 a year. 302's AED 115,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Dec 20252,250,888
28 Aug 20252,275,888
15 Aug 20252,150,000
14 Aug 20252,200,000
1 3-bed sale 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 3rd floor

All 248 units in Rawda Apartments 1
Value
3012-bedAED 1.01M · Feb 2021
3033-bedAED 1.66M · Mar 2021
3042-bedAED 1.13M · Aug 2017
3052-bedAED 1.17M · Sep 2024
3062-bedAED 1.25M · Apr 2025
3072-bedAED 1.3M · Dec 2024
3081-bedAED 870K · Mar 2026
1–7 of 17

302, Rawda Apartments 1 in numbers

  • Sold twice: first on 19 October 2021 for AED 1,579,888, last on 20 March 2024 for AED 1,750,000 (AED 1,149 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 24,800 a year (AED 16.27 per sqft).
  • Three-beds in Rawda Apartments 1 sold for AED 2,250,888–2,250,888 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 20 March 2024.

Questions about 302, Rawda Apartments 1

What did unit 302 last sell for?

AED 1,750,000 on 20 March 2024: AED 1,149 per sqft for 1,522 sqft. The unit has 2 registered sales; the first was AED 1,579,888 in October 2021.

What is the rent for unit 302?

AED 115,000 a year on the contract signed on 25 November 2022.

How big is unit 302?

1,522 sqft (141.4 sqm): a three-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rawda Apartments 1 sold for AED 2,250,888 to 2,250,888 in the last 12 months, around AED 1,173 per sqft.

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Mortgage on 302, Rawda Apartments 1

Starts from the last sale price (AED 1.75M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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