406, Rawda Apartments 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Rawda Apartments 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 928 sqft
- Floor
- 4th of 14
- Parking
- B-93
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,100 /yr
- Last sold
- AED 850K · October 2023
- Building
- Rawda Apartments 1
About 406, Rawda Apartments 1
406 is a two-bedroom apartment of 928 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 9 October 2023 for AED 850,000, or AED 916 per sqft, in line with the AED 903 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 February 2026, is AED 100,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 15,100 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 138 2-beds →406 last sold in October 2023 at AED 916 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 903). 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. 406's AED 100,000 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 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 | |
| 402 | 3-bed | 1,520 sqft | AED 1.59MAED 1,588,888 · Nov 2021November 2021 | 85,000 /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 | |
| 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 |
406, Rawda Apartments 1 in numbers
- Sold twice: first on 2 March 2021 for AED 1,128,888, last on 9 October 2023 for AED 850,000 (AED 916 per sqft).
- Rented since May 2022 on 4 Ejari contracts, from AED 60,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 15,100 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 1 February 2026.
Questions about 406, Rawda Apartments 1
What did unit 406 last sell for?
AED 850,000 on 9 October 2023: AED 916 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 1,128,888 in March 2021.
What is the rent for unit 406?
AED 100,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since May 2022.
How big is unit 406?
928 sqft (86.2 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.
What is unit 406 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 406, Rawda Apartments 1
Starts from the last sale price (AED 850K, 9 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →