2-bed · 912 sqftRawda Apartments 1, Town Square · 3rd floor · completed 2020

311, 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 311 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 939K26 July 2017
Current rentAED 67K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Rawda Apartments 1

What is 311 worth today?

Last sold for AED 938,888 in 2017

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10 Feb 2026RentedRenewal
AED 67,253/yr12 months · AED 74 per sqft
10 Feb 2025RentedRenewal
AED 64,050/yr12 months · AED 70 per sqft
10 Feb 2025RentedRenewal
AED 64,050/yr12 months · AED 70 per sqft
10 Feb 2024RentedRenewal
AED 61,000/yr12 months · AED 67 per sqft
10 Feb 2023RentedRenewal
AED 52,250/yr12 months · AED 57 per sqft
10 Feb 2022RentedRenewal
AED 47,500/yr12 months · AED 52 per sqft
10 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
26 Jul 2017Sold by developerOff-plan
AED 938,888AED 1,029 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
2-bed apartment
Size
912 sqft
Floor
3rd of 14
Parking
B-54
Developer
Nshama Properties
Completed
2020
Service charge
AED 14,800 /yr
Last sold
AED 939K · July 2017

About 311, Rawda Apartments 1

311 is a two-bedroom apartment of 912 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 26 July 2017 for AED 938,888, or AED 1,029 per sqft, in line with the AED 1,028 two-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 10 February 2026, is AED 67,253 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 14,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 938,888 (AED 1,029 per sqft)

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

Rents
Unit 311, 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, February 2021: AED 45,000 a yearRenewal, February 2022: AED 47,500 a yearRenewal, February 2023: AED 52,250 a yearRenewal, February 2024: AED 61,000 a yearRenewal, February 2025: AED 64,050 a yearRenewal, February 2025: AED 64,050 a yearRenewal, February 2026: AED 67,253 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 311 sits

All 138 2-beds →

311 last sold in July 2017 at AED 1,029 per sqft, in line with 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. 311's AED 67,253 is in the lower 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
3042-bedAED 1.13M · Aug 2017
3052-bedAED 1.17M · Sep 2024
3062-bedAED 1.25M · Apr 2025
3072-bedAED 1.3M · Dec 2024
1–7 of 17

311, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 26 July 2017 for AED 938,888, or AED 1,029 per sqft.
  • Rented since February 2021 on 7 Ejari contracts, from AED 45,000 to AED 67,253 a year.
  • At AED 67,253 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 14,800 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 February 2026.

Questions about 311, Rawda Apartments 1

What did unit 311 last sell for?

AED 938,888 on 26 July 2017, sold by the developer: AED 1,029 per sqft for 912 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 67,253 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 64,050; the unit has been rented since February 2021.

How big is unit 311?

912 sqft (84.7 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.

What is unit 311 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 311, Rawda Apartments 1

Starts from the last sale price (AED 939K, 26 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 938,888
Deposit, UAE resident (20%)
AED 187,778
Deposit, non-resident (40%)
AED 375,555
Monthly over 25 years at 3.7%
AED 3,841

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