3-bed · 1,453 sqftRawda Apartments 1, Town Square · 4th floor · completed 2020

403, Rawda Apartments 1

Sold prices and rental history: sold twice, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.7M4 June 2024
Current rentAED 100K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Rawda Apartments 1

What is 403 worth today?

Last sold for AED 1,700,000 in 2024

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4 Jun 2024SoldReady
AED 1,700,000AED 1,169 per sqft
20 Jan 2024RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
20 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
10 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
1 Nov 2021Sold by developerReady
AED 1,569,888AED 1,080 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
3-bed apartment
Size
1,453 sqft
Floor
4th of 14
Parking
P-327,B-168
Developer
Nshama Properties
Completed
2020
Service charge
AED 23,600 /yr
Last sold
AED 1.7M · June 2024

About 403, Rawda Apartments 1

403 is a three-bedroom apartment of 1,453 sqft on the 4th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 4 June 2024 for AED 1,700,000, or AED 1,169 per sqft, 6% above the AED 1,099 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 100,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 23,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in Rawda Apartments 1
1.5M2M202120232025Typical sale price by year: 2021 AED 1,638,888; 2023 AED 1,500,000; 2024 AED 1,700,000; 2025 AED 2,240,000Sold by developer, November 2021: AED 1,569,888 (AED 1,080 per sqft)Sold, June 2024: AED 1,700,000 (AED 1,169 per sqft)

403 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 403, each contractTypical three-bed in Rawda Apartments 1
75K100K125K2021202320252027Typical rent by year: 2021 AED 80,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 130,000New contract, January 2022: AED 80,000 a yearNew contract, January 2023: AED 100,000 a yearRenewal, January 2024: AED 100,000 a year

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 403 sits

All 40 3-beds →

403 last sold in June 2024 at AED 1,169 per sqft, 6% above what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,099). 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. 403's AED 100,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Dec 20252,250,888
28 Aug 20252,275,888
15 Aug 20252,150,000
14 Aug 20252,200,000
1 3-bed sale 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 4th floor

All 248 units in Rawda Apartments 1
Value
4012-bedAED 1.03M · May 2024
4023-bedAED 1.59M · Nov 2021
4042-bedAED 1.11M · Aug 2021
4052-bedAED 1.11M · Aug 2017
4062-bedAED 850K · Oct 2023
4072-bedAED 1.38M · May 2025
4081-bedAED 730K · Apr 2024
1–7 of 17

403, Rawda Apartments 1 in numbers

  • Sold twice: first on 1 November 2021 for AED 1,569,888, last on 4 June 2024 for AED 1,700,000 (AED 1,169 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 80,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 23,600 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 4 June 2024.

Questions about 403, Rawda Apartments 1

What did unit 403 last sell for?

AED 1,700,000 on 4 June 2024: AED 1,169 per sqft for 1,453 sqft. The unit has 2 registered sales; the first was AED 1,569,888 in November 2021.

What is the rent for unit 403?

AED 100,000 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 100,000; the unit has been rented since January 2022.

How big is unit 403?

1,453 sqft (135.0 sqm): a three-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.

What is unit 403 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 403, Rawda Apartments 1

Starts from the last sale price (AED 1.7M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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