2-bed · 922 sqftRawda Apartments 1, Town Square · 3rd floor · completed 2020

304, Rawda Apartments 1

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

Unit 304 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 1.13M2 August 2017
Current rentAED 90K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Rawda Apartments 1

What is 304 worth today?

Last sold for AED 1,133,888 in 2017

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10 Apr 2026RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
10 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
20 Mar 2024RentedRenewal
AED 58,212/yr12 months · AED 63 per sqft
20 Mar 2023RentedRenewal
AED 55,440/yr12 months · AED 60 per sqft
20 Mar 2022RentedRenewal
AED 52,800/yr12 months · AED 57 per sqft
20 Mar 2021RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
2 Aug 2017Sold by developerOff-plan
AED 1,133,888AED 1,229 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
2-bed apartment
Size
922 sqft
Floor
3rd of 14
Parking
B-15
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 1.13M · August 2017

About 304, Rawda Apartments 1

304 is a two-bedroom apartment of 922 sqft on the 3rd floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 2 August 2017 for AED 1,133,888, or AED 1,229 per sqft, 24% above the AED 990 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 90,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 15,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, August 2017: AED 1,133,888 (AED 1,229 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Rawda Apartments 1
40K60K80K2020202220242026Typical 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 48,000 a yearRenewal, March 2022: AED 52,800 a yearRenewal, March 2023: AED 55,440 a yearRenewal, March 2024: AED 58,212 a yearNew contract, April 2025: AED 90,000 a yearRenewal, April 2026: AED 90,000 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 304 sits

All 138 2-beds →

304 last sold in August 2017 at AED 1,229 per sqft, 24% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 990). 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. 304's AED 90,000 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 3rd floor

All 248 units in Rawda Apartments 1
Value
3012-bedAED 1.01M · Feb 2021
3023-bedAED 1.75M · Mar 2024
3033-bedAED 1.66M · Mar 2021
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

304, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 2 August 2017 for AED 1,133,888, or AED 1,229 per sqft.
  • Rented since March 2021 on 6 Ejari contracts, from AED 48,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 7.9%, 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 10 April 2026.

Questions about 304, Rawda Apartments 1

What did unit 304 last sell for?

AED 1,133,888 on 2 August 2017, sold by the developer: AED 1,229 per sqft for 922 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 90,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 90,000; the unit has been rented since March 2021.

How big is unit 304?

922 sqft (85.7 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.

What is unit 304 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 304, Rawda Apartments 1

Starts from the last sale price (AED 1.13M, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,133,888
Deposit, UAE resident (20%)
AED 226,778
Deposit, non-resident (40%)
AED 453,555
Monthly over 25 years at 3.7%
AED 4,639

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