501, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in July 2019, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Rawda Apartments 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,012 sqft
- Floor
- 5th of 14
- Parking
- B-22,P-160
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,500 /yr
- Last sold
- AED 958K · July 2019
- Building
- Rawda Apartments 1
About 501, Rawda Apartments 1
501 is a two-bedroom apartment of 1,012 sqft on the 5th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 4 July 2019 for AED 957,888, or AED 946 per sqft, 5% below the AED 991 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 December 2020. The current contract, signed on 1 December 2020, is AED 50,000 a year: a gross yield of 5.2% on the 2019 price, before the service charge of about AED 16,500 a year.
Sales and rents for 501 over time
501 has sold once; 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 501 sits
All 138 2-beds →501 last sold in July 2019 at AED 946 per sqft, 5% below what two-beds in Rawda Apartments 1 were fetching at the time (AED 991). 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. 501's AED 50,000 is in the lower 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 5th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,520 sqft | AED 2.28MAED 2,275,888 · Aug 2025August 2025 | 85,000 /yr | |
| 503 | 3-bed | 1,451 sqft | AED 1.58MAED 1,577,888 · Sep 2021September 2021 | ||
| 504 | 2-bed | 922 sqft | AED 1.65MAED 1,650,888 · Sep 2026September 2026 | 67,200 /yr | |
| 505 | 2-bed | 896 sqft | AED 1.1MAED 1,099,888 · Mar 2021March 2021 | 105,000 /yr | |
| 506 | 2-bed | 928 sqft | AED 1.33MAED 1,325,000 · May 2025May 2025 | 80,000 /yr | |
| 507 | 2-bed | 931 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 90,000 /yr | |
| 508 | 1-bed | 614 sqft | AED 790KAED 789,888 · Oct 2020October 2020 | 70,000 /yr | |
| 509 | 1-bed | 614 sqft | AED 790KAED 789,888 · Oct 2020October 2020 | 70,000 /yr | |
| 510 | 3-bed | 1,501 sqft | AED 1.69MAED 1,693,888 · Feb 2021February 2021 | 130,000 /yr | |
| 511 | 2-bed | 911 sqft | AED 1MAED 1,001,888 · Oct 2019October 2019 | 65,000 /yr | |
| 512 | 1-bed | 679 sqft | AED 900KAED 900,000 · Jul 2025July 2025 | 70,000 /yr | |
| 513 | 2-bed | 927 sqft | AED 1.02MAED 1,015,888 · Jul 2021July 2021 | 80,000 /yr | |
| 514 | 2-bed | 907 sqft | AED 1.25MAED 1,250,000 · May 2025May 2025 | 80,000 /yr | |
| 515 | 2-bed | 969 sqft | AED 1.02MAED 1,022,888 · Oct 2019October 2019 | 69,300 /yr | |
| 516 | 2-bed | 975 sqft | AED 513KAED 512,944 · Aug 2021August 2021 | 73,712 /yr | |
| 517 | 1-bed | 611 sqft | AED 890KAED 890,000 · Jun 2025June 2025 | 65,000 /yr | |
| 518 | 1-bed | 611 sqft | AED 800KAED 800,000 · Aug 2024August 2024 |
501, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 4 July 2019 for AED 957,888, or AED 946 per sqft.
- Rented since December 2020 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2019 price is 5.2%, before a service charge of about AED 16,500 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 December 2020.
Questions about 501, Rawda Apartments 1
What did unit 501 last sell for?
AED 957,888 on 4 July 2019, sold by the developer: AED 946 per sqft for 1,012 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 50,000 a year on the contract signed on 1 December 2020.
How big is unit 501?
1,012 sqft (94.0 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.
What is unit 501 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 501, Rawda Apartments 1
Starts from the last sale price (AED 958K, 4 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 957,888
- Deposit, UAE resident (20%)
- AED 191,578
- Deposit, non-resident (40%)
- AED 383,155
- Monthly over 25 years at 3.7%
- AED 3,919
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →