2-bed · 931 sqftRawda Apartments 1, Town Square · 4th floor · completed 2020

407, Rawda Apartments 1

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.38M15 May 2025
Current rentAED 90K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Rawda Apartments 1

What is 407 worth today?

Last sold for AED 1,380,000 in 2025

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15 Sep 2026RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
15 Sep 2026RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
15 Sep 2025RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
15 May 2025SoldReady
AED 1,380,000AED 1,482 per sqft
15 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
7 Sep 2023RentedRenewal
AED 66,150/yr12 months · AED 71 per sqft
7 Sep 2022RentedRenewal
AED 63,000/yr12 months · AED 68 per sqft
7 Sep 2021RentedRenewal
AED 51,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
4th of 14
Parking
B-92
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 1.38M · May 2025

About 407, Rawda Apartments 1

407 is a two-bedroom apartment of 931 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 15 May 2025 for AED 1,380,000, or AED 1,482 per sqft, 13% above the AED 1,309 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 90,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 15,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2017: AED 1,152,888 (AED 1,238 per sqft)Sold, May 2025: AED 1,380,000 (AED 1,482 per sqft)

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

Rents
Unit 407, 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 2020: AED 51,000 a yearRenewal, September 2021: AED 51,000 a yearRenewal, September 2022: AED 63,000 a yearRenewal, September 2023: AED 66,150 a yearNew contract, September 2024: AED 90,000 a yearRenewal, September 2025: AED 90,000 a yearRenewal, September 2026: AED 90,000 a yearNew contract, September 2026: AED 90,000 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 407 sits

All 138 2-beds →

407 last sold in May 2025 at AED 1,482 per sqft, 13% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,309). 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. 407's AED 90,000 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
4042-bedAED 1.11M · Aug 2021
4052-bedAED 1.11M · Aug 2017
4062-bedAED 850K · Oct 2023
4081-bedAED 730K · Apr 2024
1–7 of 17

407, Rawda Apartments 1 in numbers

  • Sold twice: first on 11 September 2017 for AED 1,152,888, last on 15 May 2025 for AED 1,380,000 (AED 1,482 per sqft).
  • Rented since September 2020 on 8 Ejari contracts, from AED 51,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 6.5%, 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 15 September 2026.

Questions about 407, Rawda Apartments 1

What did unit 407 last sell for?

AED 1,380,000 on 15 May 2025: AED 1,482 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 1,152,888 in September 2017.

What is the rent for unit 407?

AED 90,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2026, was AED 90,000; the unit has been rented since September 2020.

How big is unit 407?

931 sqft (86.5 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2020.

What is unit 407 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 407, Rawda Apartments 1

Starts from the last sale price (AED 1.38M, 15 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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