2-bed · 931 sqftRawda Apartments 1, Town Square · 5th floor · completed 2020

507, Rawda Apartments 1

Sold prices and rental history: sold 3 times, last in February 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 1.5M19 February 2026
Current rentAED 90K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Rawda Apartments 1

What is 507 worth today?

Last sold for AED 1,500,000 in 2026

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20 Jul 2026RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
19 Feb 2026SoldReady
AED 1,500,000AED 1,611 per sqft
20 Jul 2025RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
21 May 2025SoldReady
AED 1,000,000AED 1,074 per sqft
12 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
1 Feb 2021Sold by developerReady
AED 1,134,888AED 1,219 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
5th of 14
Parking
B-39
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 1.5M · February 2026

About 507, Rawda Apartments 1

507 is a two-bedroom apartment of 931 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 19 February 2026 for AED 1,500,000, or AED 1,611 per sqft, 17% above the AED 1,377 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 20 July 2026, is AED 90,000 a year: a gross yield of 6.0% on the 2026 price, before the service charge of about AED 15,100 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Rawda Apartments 1
1M1.5M2017202020232026Typical 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, February 2021: AED 1,134,888 (AED 1,219 per sqft)Sold, May 2025: AED 1,000,000 (AED 1,074 per sqft)Sold, February 2026: AED 1,500,000 (AED 1,611 per sqft)

507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, 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, January 2023: AED 75,000 a yearNew contract, July 2025: AED 90,000 a yearNew contract, July 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 507 sits

All 138 2-beds →

507 last sold in February 2026 at AED 1,611 per sqft, 17% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,377). 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. 507'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 5th floor

All 248 units in Rawda Apartments 1
Value
5012-bedAED 958K · Jul 2019
5023-bedAED 2.28M · Aug 2025
5033-bedAED 1.58M · Sep 2021
5042-bedAED 1.65M · Sep 2026
5052-bedAED 1.1M · Mar 2021
5062-bedAED 1.33M · May 2025
5081-bedAED 790K · Oct 2020
1–7 of 17

507, Rawda Apartments 1 in numbers

  • Sold 3 times: first on 1 February 2021 for AED 1,134,888, last on 19 February 2026 for AED 1,500,000 (AED 1,611 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 6.0%, 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 20 July 2026.

Questions about 507, Rawda Apartments 1

What did unit 507 last sell for?

AED 1,500,000 on 19 February 2026: AED 1,611 per sqft for 931 sqft. The unit has 3 registered sales; the first was AED 1,134,888 in February 2021.

What is the rent for unit 507?

AED 90,000 a year on the contract signed on 20 July 2026. The previous contract, from July 2025, was AED 90,000; the unit has been rented since January 2023.

How big is unit 507?

931 sqft (86.5 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.

What is unit 507 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 507, Rawda Apartments 1

Starts from the last sale price (AED 1.5M, 19 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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