3-bed · 1,520 sqftRawda Apartments 1, Town Square · 5th floor · completed 2020

502, Rawda Apartments 1

Sold prices and rental history: sold twice, last in August 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 2.28M28 August 2025
Current rentAED 85K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Rawda Apartments 1

What is 502 worth today?

Last sold for AED 2,275,888 in 2025

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28 Aug 2025SoldReady
AED 2,275,888AED 1,496 per sqft
1 Feb 2024RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
1 Feb 2023RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
1 Feb 2022RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
11 Aug 2021Sold by developerReady
AED 1,600,888AED 1,052 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
5th of 14
Parking
P-332,
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 2.28M · August 2025

About 502, Rawda Apartments 1

502 is a three-bedroom apartment of 1,520 sqft on the 5th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 28 August 2025 for AED 2,275,888, or AED 1,496 per sqft, 4% above the AED 1,435 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 1 February 2024, is AED 85,000 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 24,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, August 2021: AED 1,600,888 (AED 1,052 per sqft)Sold, August 2025: AED 2,275,888 (AED 1,496 per sqft)

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

Rents
Unit 502, 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, February 2022: AED 85,000 a yearRenewal, February 2023: AED 85,000 a yearRenewal, February 2024: AED 85,000 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 502 sits

All 40 3-beds →

502 last sold in August 2025 at AED 1,496 per sqft, 4% above what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,435). 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. 502's AED 85,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Dec 20252,250,888
15 Aug 20252,150,000
14 Aug 20252,200,000
12 Aug 20252,240,000
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 5th floor

All 248 units in Rawda Apartments 1
Value
5012-bedAED 958K · Jul 2019
5033-bedAED 1.58M · Sep 2021
5042-bedAED 1.65M · Sep 2026
5052-bedAED 1.1M · Mar 2021
5062-bedAED 1.33M · May 2025
5072-bedAED 1.5M · Feb 2026
5081-bedAED 790K · Oct 2020
1–7 of 17

502, Rawda Apartments 1 in numbers

  • Sold twice: first on 11 August 2021 for AED 1,600,888, last on 28 August 2025 for AED 2,275,888 (AED 1,496 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 24,700 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 28 August 2025.

Questions about 502, Rawda Apartments 1

What did unit 502 last sell for?

AED 2,275,888 on 28 August 2025: AED 1,496 per sqft for 1,520 sqft. The unit has 2 registered sales; the first was AED 1,600,888 in August 2021.

What is the rent for unit 502?

AED 85,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 85,000; the unit has been rented since February 2022.

How big is unit 502?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.

What is unit 502 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 502, Rawda Apartments 1

Starts from the last sale price (AED 2.28M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,888
Deposit, UAE resident (20%)
AED 455,178
Deposit, non-resident (40%)
AED 910,355
Monthly over 25 years at 3.7%
AED 9,311

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