2-bed · 919 sqftRawda Apartments 1, Town Square · 4th floor · completed 2020

404, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 1.11M4 August 2021
Current rentAED 85K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Rawda Apartments 1

What is 404 worth today?

Last sold for AED 1,111,888 in 2021

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5 Jul 2026RentedRenewal
AED 85,000/yr12 months · AED 93 per sqft
5 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
5 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
10 Sep 2024RentedRenewal
AED 72,000/yr5 months · AED 79 per sqft
10 Sep 2023RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
10 Sep 2022RentedRenewal
AED 57,250/yr12 months · AED 63 per sqft
10 Sep 2021RentedNew contract
AED 55,000/yr12 months · AED 60 per sqft
4 Aug 2021Sold by developerReady
AED 1,111,888AED 1,209 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
2-bed apartment
Size
919 sqft
Floor
4th of 14
Parking
B-19
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 1.11M · August 2021

About 404, Rawda Apartments 1

404 is a two-bedroom apartment of 919 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 4 August 2021 for AED 1,111,888, or AED 1,209 per sqft, in line with the AED 1,223 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 85,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 15,000 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Rawda Apartments 1
1M1.25M2017202020232026Typical sale price by year: 2017 AED 967,888; 2018 AED 979,888; 2019 AED 1,054,888; 2020 AED 1,136,888; 2021 AED 1,125,888; 2023 AED 930,000; 2024 AED 1,093,444; 2025 AED 1,275,000; 2026 AED 1,385,000Sold by developer, August 2021: AED 1,111,888 (AED 1,209 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Rawda Apartments 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 46,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 76,000; 2025 AED 85,000; 2026 AED 87,000New contract, September 2021: AED 55,000 a yearRenewal, September 2022: AED 57,250 a yearRenewal, September 2023: AED 60,000 a yearRenewal, September 2024: AED 72,000 a yearNew contract, July 2025: AED 85,000 a yearNew contract, July 2025: AED 85,000 a yearRenewal, July 2026: AED 85,000 a year

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 404 sits

All 138 2-beds →

404 last sold in August 2021 at AED 1,209 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,223). 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. 404's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
28 Oct 20261,450,000
25 Sep 20261,270,000
8 Sep 20261,650,888
13 2-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 4th floor

All 248 units in Rawda Apartments 1
Value
4012-bedAED 1.03M · May 2024
4023-bedAED 1.59M · Nov 2021
4033-bedAED 1.7M · Jun 2024
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

404, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 4 August 2021 for AED 1,111,888, or AED 1,209 per sqft.
  • Rented since September 2021 on 7 Ejari contracts, from AED 55,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 15,000 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 July 2026.

Questions about 404, Rawda Apartments 1

What did unit 404 last sell for?

AED 1,111,888 on 4 August 2021, sold by the developer: AED 1,209 per sqft for 919 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 85,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 85,000; the unit has been rented since September 2021.

How big is unit 404?

919 sqft (85.4 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.

What is unit 404 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 404, Rawda Apartments 1

Starts from the last sale price (AED 1.11M, 4 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,111,888
Deposit, UAE resident (20%)
AED 222,378
Deposit, non-resident (40%)
AED 444,755
Monthly over 25 years at 3.7%
AED 4,549

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