402, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Rawda Apartments 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 December 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,520 sqft
- Floor
- 4th of 14
- Parking
- P-334
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 24,700 /yr
- Last sold
- AED 1.59M · November 2021
- Building
- Rawda Apartments 1
About 402, Rawda Apartments 1
402 is a three-bedroom apartment of 1,520 sqft on the 4th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 1 November 2021 for AED 1,588,888, or AED 1,045 per sqft, 3% below the AED 1,080 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 December 2021. The current contract, signed on 1 December 2021, is AED 85,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 24,700 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rawda Apartments 1, and where 402 sits
All 40 3-beds →402 last sold in November 2021 at AED 1,045 per sqft, 3% below what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,080). Over the last 12 months three-beds sold for AED 2,250,888, around AED 1,173 per sqft, and rent for AED 83,340 to 145,000 a year. 402's AED 85,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Dec 20255 December 2025 | 1,918 sqft | 2,250,888 | 1,173 | ||
| 28 Aug 202528 August 2025 | 1,520 sqft | 2,275,888 | 1,496 | ||
| 15 Aug 202515 August 2025 | 1,522 sqft | 2,150,000 | 1,412 | ||
| 14 Aug 202514 August 2025 | 1,532 sqft | 2,200,000 | 1,435 |
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 4th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,012 sqft | AED 1.03MAED 1,025,000 · May 2024May 2024 | 105,000 /yr | |
| 403 | 3-bed | 1,453 sqft | AED 1.7MAED 1,700,000 · Jun 2024June 2024 | 100,000 /yr | |
| 404 | 2-bed | 919 sqft | AED 1.11MAED 1,111,888 · Aug 2021August 2021 | 85,000 /yr | |
| 405 | 2-bed | 896 sqft | AED 1.11MAED 1,114,888 · Aug 2017August 2017 | 100,000 /yr | |
| 406 | 2-bed | 928 sqft | AED 850KAED 850,000 · Oct 2023October 2023 | 100,000 /yr | |
| 407 | 2-bed | 931 sqft | AED 1.38MAED 1,380,000 · May 2025May 2025 | 90,000 /yr | |
| 408 | 1-bed | 614 sqft | AED 730KAED 730,000 · Apr 2024April 2024 | 60,000 /yr | |
| 409 | 1-bed | 614 sqft | AED 733KAED 732,888 · Oct 2017October 2017 | 48,400 /yr | |
| 410 | 3-bed | 1,501 sqft | AED 1.68MAED 1,680,888 · Feb 2021February 2021 | 136,500 /yr | |
| 411 | 2-bed | 911 sqft | AED 946KAED 945,888 · Jul 2017July 2017 | 68,670 /yr | |
| 412 | 1-bed | 679 sqft | AED 740KAED 739,888 · Sep 2017September 2017 | 60,000 /yr | |
| 413 | 2-bed | 927 sqft | AED 957KAED 956,888 · Sep 2017September 2017 | 95,000 /yr | |
| 414 | 2-bed | 907 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 98,000 /yr | |
| 415 | 2-bed | 969 sqft | AED 1.09MAED 1,086,888 · Sep 2024September 2024 | ||
| 416 | 2-bed | 975 sqft | AED 968KAED 967,888 · Aug 2017August 2017 | 85,000 /yr | |
| 417 | 1-bed | 611 sqft | AED 666KAED 665,888 · Dec 2017December 2017 | 52,091 /yr | |
| 418 | 1-bed | 611 sqft | AED 668KAED 667,888 · Dec 2017December 2017 | 48,914 /yr |
402, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 1 November 2021 for AED 1,588,888, or AED 1,045 per sqft.
- Rented since December 2021 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 24,700 a year (AED 16.27 per sqft).
- Three-beds in Rawda Apartments 1 sold for AED 2,250,888–2,250,888 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 1 December 2021.
Questions about 402, Rawda Apartments 1
What did unit 402 last sell for?
AED 1,588,888 on 1 November 2021, sold by the developer: AED 1,045 per sqft for 1,520 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 85,000 a year on the contract signed on 1 December 2021.
How big is unit 402?
1,520 sqft (141.2 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rawda Apartments 1 sold for AED 2,250,888 to 2,250,888 in the last 12 months, around AED 1,173 per sqft.
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Mortgage on 402, Rawda Apartments 1
Starts from the last sale price (AED 1.59M, 1 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,588,888
- Deposit, UAE resident (20%)
- AED 317,778
- Deposit, non-resident (40%)
- AED 635,555
- Monthly over 25 years at 3.7%
- AED 6,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →