1-bed · 679 sqftRawda Apartments 1, Town Square · 3rd floor · completed 2020

312, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 19 May 2026
Last soldAED 734K2 August 2017
Current rentAED 60K /yr19 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Rawda Apartments 1

What is 312 worth today?

Last sold for AED 733,888 in 2017

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19 May 2026RentedRenewal
AED 60,000/yr12 months · AED 88 per sqft
19 May 2025RentedRenewal
AED 60,000/yr12 months · AED 88 per sqft
19 May 2024RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
7 Nov 2023RentedRenewal
AED 49,500/yr12 months · AED 73 per sqft
7 Nov 2022RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
15 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
7 Sep 2020RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
2 Aug 2017Sold by developerOff-plan
AED 733,888AED 1,081 per sqft

Source: Dubai Land Department. Updated 19 May 2026.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
3rd of 14
Parking
P-259
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 734K · August 2017

About 312, Rawda Apartments 1

312 is a one-bedroom apartment of 679 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 733,888, or AED 1,081 per sqft, in line with the AED 1,087 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 19 May 2026, is AED 60,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, August 2017: AED 733,888 (AED 1,081 per sqft)

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

Rents
Unit 312, 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, September 2020: AED 37,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, November 2022: AED 48,000 a yearRenewal, November 2023: AED 49,500 a yearNew contract, May 2024: AED 60,000 a yearRenewal, May 2025: AED 60,000 a yearRenewal, May 2026: AED 60,000 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 312 sits

All 70 1-beds →

312 last sold in August 2017 at AED 1,081 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,087). 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. 312's AED 60,000 is in the lower 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 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

312, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 2 August 2017 for AED 733,888, or AED 1,081 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 37,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 11,000 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 19 May 2026.

Questions about 312, Rawda Apartments 1

What did unit 312 last sell for?

AED 733,888 on 2 August 2017, sold by the developer: AED 1,081 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 60,000 a year on the contract renewed on 19 May 2026. The previous contract, from May 2025, was AED 60,000; the unit has been rented since September 2020.

How big is unit 312?

679 sqft (63.1 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.

What is unit 312 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 312, Rawda Apartments 1

Starts from the last sale price (AED 734K, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 733,888
Deposit, UAE resident (20%)
AED 146,778
Deposit, non-resident (40%)
AED 293,555
Monthly over 25 years at 3.7%
AED 3,003

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