1-bed · 611 sqftRawda Apartments 1, Town Square · 3rd floor · completed 2020

318, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 22 February 2026
Last soldAED 663K17 January 2018
Current rentAED 65K /yr22 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Rawda Apartments 1

What is 318 worth today?

Last sold for AED 662,888 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Feb 2026RentedRenewal
AED 65,000/yr12 months · AED 108 per sqft
22 Feb 2025RentedRenewal
AED 65,000/yr12 months · AED 108 per sqft
22 Feb 2024RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
20 Jan 2023RentedRenewal
AED 42,000/yr12 months · AED 68 per sqft
20 Jan 2022RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
11 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
1 Nov 2020RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
17 Jan 2018Sold by developerOff-plan
AED 662,888AED 1,085 per sqft

Source: Dubai Land Department. Updated 22 February 2026.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
3rd of 14
Parking
P-320
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 663K · January 2018

About 318, Rawda Apartments 1

318 is a one-bedroom apartment of 611 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 17 January 2018 for AED 662,888, or AED 1,085 per sqft, in line with the AED 1,093 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 22 February 2026, is AED 65,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 9,900 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, January 2018: AED 662,888 (AED 1,085 per sqft)

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

Rents
Unit 318, 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, November 2020: AED 32,000 a yearNew contract, November 2021: AED 36,000 a yearNew contract, January 2022: AED 38,000 a yearRenewal, January 2023: AED 42,000 a yearNew contract, February 2024: AED 65,000 a yearRenewal, February 2025: AED 65,000 a yearRenewal, February 2026: AED 65,000 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 318 sits

All 70 1-beds →

318 last sold in January 2018 at AED 1,085 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,093). 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. 318's AED 65,000 is in the upper 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

318, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 17 January 2018 for AED 662,888, or AED 1,085 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 32,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2018 price is 9.8%, before a service charge of about AED 9,900 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 22 February 2026.

Questions about 318, Rawda Apartments 1

What did unit 318 last sell for?

AED 662,888 on 17 January 2018, sold by the developer: AED 1,085 per sqft for 611 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 65,000 a year on the contract renewed on 22 February 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since November 2020.

How big is unit 318?

611 sqft (56.8 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.

What is unit 318 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.

Selling 318? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 318, Rawda Apartments 1

Starts from the last sale price (AED 663K, 17 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 662,888
Deposit, UAE resident (20%)
AED 132,578
Deposit, non-resident (40%)
AED 265,155
Monthly over 25 years at 3.7%
AED 2,712

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