505, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Rawda Apartments 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 10 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 896 sqft
- Floor
- 5th of 14
- Parking
- B-24
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 14,600 /yr
- Last sold
- AED 1.1M · March 2021
- Building
- Rawda Apartments 1
About 505, Rawda Apartments 1
505 is a two-bedroom apartment of 896 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 March 2021 for AED 1,099,888, or AED 1,226 per sqft, in line with the AED 1,227 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 105,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 14,600 a year.
Sales and rents for 505 over time
505 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 505 sits
All 138 2-beds →505 last sold in March 2021 at AED 1,226 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,227). 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. 505's AED 105,000 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 5th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,012 sqft | AED 958KAED 957,888 · Jul 2019July 2019 | 50,000 /yr | |
| 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 | |
| 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 |
505, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 7 March 2021 for AED 1,099,888, or AED 1,226 per sqft.
- Rented since December 2021 on 6 Ejari contracts, from AED 60,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 14,600 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 10 August 2026.
Questions about 505, Rawda Apartments 1
What did unit 505 last sell for?
AED 1,099,888 on 7 March 2021, sold by the developer: AED 1,226 per sqft for 896 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 105,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 105,000; the unit has been rented since December 2021.
How big is unit 505?
896 sqft (83.2 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.
What is unit 505 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 505, Rawda Apartments 1
Starts from the last sale price (AED 1.1M, 7 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,099,888
- Deposit, UAE resident (20%)
- AED 219,978
- Deposit, non-resident (40%)
- AED 439,955
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →