316, 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.
Property timeline for 316, Rawda Apartments 1
What is 316 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 975 sqft
- Floor
- 3rd of 14
- Parking
- B-13
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,900 /yr
- Last sold
- AED 961K · August 2017
- Building
- Rawda Apartments 1
About 316, Rawda Apartments 1
316 is a two-bedroom apartment of 975 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 960,888, or AED 985 per sqft, in line with the AED 990 two-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 5 November 2025, is AED 84,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 15,900 a year.
Sales and rents for 316 over time
316 has sold once; the dashed line is the two-bed median of each year in the building.
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 316 sits
All 138 2-beds →316 last sold in August 2017 at AED 985 per sqft, in line with 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. 316's AED 84,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 922 sqft | 1,350,000 | 1,463 | ||
| 28 Oct 202628 October 2026 | 896 sqft | 1,450,000 | 1,617 | ||
| 25 Sep 202625 September 2026 | 928 sqft | 1,270,000 | 1,367 | ||
| 8 Sep 20268 September 2026 | 922 sqft | 1,650,888 | 1,789 |
Rawda Apartments 1
Building248 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%
Other units on the 3rd floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,012 sqft | AED 1.01MAED 1,014,888 · Feb 2021February 2021 | 85,000 /yr | |
| 302 | 3-bed | 1,522 sqft | AED 1.75MAED 1,750,000 · Mar 2024March 2024 | 115,000 /yr | |
| 303 | 3-bed | 1,451 sqft | AED 1.66MAED 1,664,888 · Mar 2021March 2021 | 130,000 /yr | |
| 304 | 2-bed | 922 sqft | AED 1.13MAED 1,133,888 · Aug 2017August 2017 | 90,000 /yr | |
| 305 | 2-bed | 896 sqft | AED 1.17MAED 1,174,888 · Sep 2024September 2024 | 90,000 /yr | |
| 306 | 2-bed | 928 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 95,000 /yr | |
| 307 | 2-bed | 931 sqft | AED 1.3MAED 1,300,000 · Dec 2024December 2024 | 80,000 /yr | |
| 308 | 1-bed | 614 sqft | AED 870KAED 870,000 · Mar 2026March 2026 | 62,000 /yr | |
| 309 | 1-bed | 614 sqft | AED 730KAED 730,000 · Dec 2023December 2023 | 70,000 /yr | |
| 310 | 3-bed | 1,501 sqft | AED 2.24MAED 2,240,000 · Aug 2025August 2025 | ||
| 311 | 2-bed | 912 sqft | AED 939KAED 938,888 · Jul 2017July 2017 | 67,253 /yr | |
| 312 | 1-bed | 679 sqft | AED 734KAED 733,888 · Aug 2017August 2017 | 60,000 /yr | |
| 313 | 2-bed | 926 sqft | AED 1.02MAED 1,018,888 · Jan 2021January 2021 | 90,000 /yr | |
| 314 | 2-bed | 907 sqft | AED 1MAED 1,000,888 · Mar 2021March 2021 | ||
| 315 | 2-bed | 969 sqft | AED 960KAED 959,888 · Aug 2017August 2017 | ||
| 317 | 1-bed | 611 sqft | AED 662KAED 661,888 · Oct 2017October 2017 | 53,107 /yr | |
| 318 | 1-bed | 611 sqft | AED 663KAED 662,888 · Jan 2018January 2018 | 65,000 /yr |
316, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 2 August 2017 for AED 960,888, or AED 985 per sqft.
- Rented since September 2020 on 7 Ejari contracts, from AED 45,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2017 price is 8.7%, 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 5 November 2025.
Questions about 316, Rawda Apartments 1
What did unit 316 last sell for?
AED 960,888 on 2 August 2017, sold by the developer: AED 985 per sqft for 975 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 84,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since September 2020.
How big is unit 316?
975 sqft (90.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.
What is unit 316 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 316, Rawda Apartments 1
Starts from the last sale price (AED 961K, 2 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 960,888
- Deposit, UAE resident (20%)
- AED 192,178
- Deposit, non-resident (40%)
- AED 384,355
- Monthly over 25 years at 3.7%
- AED 3,931
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →