3-bed · 1,451 sqftRawda Apartments 1, Town Square · 5th floor · completed 2020

503, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 7 September 2021
Last soldAED 1.58M7 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Rawda Apartments 1

What is 503 worth today?

Last sold for AED 1,577,888 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Sep 2021Sold by developerReady
AED 1,577,888AED 1,087 per sqft

Source: Dubai Land Department. Updated 7 September 2021.

Key facts

Type
3-bed apartment
Size
1,451 sqft
Floor
5th of 14
Parking
P-333 , P-236
Developer
Nshama Properties
Completed
2020
Service charge
AED 23,600 /yr
Last sold
AED 1.58M · September 2021

About 503, Rawda Apartments 1

503 is a three-bedroom apartment of 1,451 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 7 September 2021 for AED 1,577,888, or AED 1,087 per sqft, in line with the AED 1,087 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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, September 2021: AED 1,577,888 (AED 1,087 per sqft)

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

Rents
Unit 503, 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 130,000

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 503 sits

All 40 3-beds →

503 last sold in September 2021 at AED 1,087 per sqft, in line with what three-beds in Rawda Apartments 1 were fetching at the time (AED 1,087). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Dec 20252,250,888
28 Aug 20252,275,888
15 Aug 20252,150,000
14 Aug 20252,200,000
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
5023-bedAED 2.28M · Aug 2025
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

503, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 7 September 2021 for AED 1,577,888, or AED 1,087 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 7 September 2021.

Questions about 503, Rawda Apartments 1

What did unit 503 last sell for?

AED 1,577,888 on 7 September 2021, sold by the developer: AED 1,087 per sqft for 1,451 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,451 sqft (134.8 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.

What is unit 503 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.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, Rawda Apartments 1

Starts from the last sale price (AED 1.58M, 7 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,577,888
Deposit, UAE resident (20%)
AED 315,578
Deposit, non-resident (40%)
AED 631,155
Monthly over 25 years at 3.7%
AED 6,456

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