508, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in October 2020, 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 508, Rawda Apartments 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 6 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 5th of 14
- Parking
- P-51
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 790K · October 2020
- Building
- Rawda Apartments 1
About 508, Rawda Apartments 1
508 is a one-bedroom apartment of 614 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 24 October 2020 for AED 789,888, or AED 1,286 per sqft, 6% above the AED 1,208 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 6 May 2026, is AED 70,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 10,000 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rawda Apartments 1, and where 508 sits
All 70 1-beds →508 last sold in October 2020 at AED 1,286 per sqft, 6% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,208). Over the last 12 months one-beds sold for AED 870,000 to 900,000, around AED 1,433 per sqft, and rent for AED 45,356 to 80,000 a year. 508's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 1,165 sqft | 880,000 | 755 | ||
| 27 Mar 202627 March 2026 | 614 sqft | 870,000 | 1,416 | ||
| 12 Mar 202612 March 2026 | 614 sqft | 895,000 | 1,457 | ||
| 15 Jan 202615 January 2026 | 614 sqft | 880,000 | 1,433 |
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 | |
| 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 | |
| 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 |
508, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 24 October 2020 for AED 789,888, or AED 1,286 per sqft.
- Rented since October 2021 on 7 Ejari contracts, from AED 43,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2020 price is 8.9%, before a service charge of about AED 10,000 a year (AED 16.27 per sqft).
- One-beds in Rawda Apartments 1 sold for AED 870,000–900,000 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 6 May 2026.
Questions about 508, Rawda Apartments 1
What did unit 508 last sell for?
AED 789,888 on 24 October 2020, sold by the developer: AED 1,286 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 70,000 a year on the contract signed on 6 May 2026. The previous contract, from April 2025, was AED 60,500; the unit has been rented since October 2021.
How big is unit 508?
614 sqft (57.0 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 1 sold for AED 870,000 to 900,000 in the last 12 months, around AED 1,433 per sqft.
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Mortgage on 508, Rawda Apartments 1
Starts from the last sale price (AED 790K, 24 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 789,888
- Deposit, UAE resident (20%)
- AED 157,978
- Deposit, non-resident (40%)
- AED 315,955
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →