1-bed · 614 sqftRawda Apartments 1, Town Square · 5th floor · completed 2020

509, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 790K28 October 2020
Current rentAED 70K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Rawda Apartments 1

What is 509 worth today?

Last sold for AED 789,888 in 2020

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1 Oct 2026RentedRenewal
AED 70,000/yr12 months · AED 114 per sqft
1 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
10 Sep 2024RentedRenewal
AED 63,000/yr12 months · AED 103 per sqft
10 Sep 2023RentedNew contract
AED 63,000/yr12 months · AED 103 per sqft
18 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 90 per sqft
28 Oct 2020Sold by developerReady
AED 789,888AED 1,285 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
5th of 14
Parking
P-52
Developer
Nshama Properties
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 790K · October 2020

About 509, Rawda Apartments 1

509 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 28 October 2020 for AED 789,888, or AED 1,285 per sqft, 6% above the AED 1,208 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 October 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 509 over time

Sales
Unit 509, each saleTypical one-bed in Rawda Apartments 1
800K2017202020232026Typical sale price by year: 2017 AED 721,888; 2018 AED 686,888; 2019 AED 684,888; 2020 AED 799,388; 2021 AED 811,388; 2023 AED 650,000; 2024 AED 750,000; 2025 AED 820,000; 2026 AED 880,000Sold by developer, October 2020: AED 789,888 (AED 1,285 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Rawda Apartments 1
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 34,000; 2022 AED 39,000; 2023 AED 42,000; 2024 AED 56,500; 2025 AED 63,000; 2026 AED 65,000New contract, November 2022: AED 55,000 a yearNew contract, September 2023: AED 63,000 a yearRenewal, September 2024: AED 63,000 a yearNew contract, October 2025: AED 70,000 a yearRenewal, October 2026: AED 70,000 a year

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 509 sits

All 70 1-beds →

509 last sold in October 2020 at AED 1,285 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. 509's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jul 2026880,000
27 Mar 2026870,000
12 Mar 2026895,000
15 Jan 2026880,000
5 1-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
5072-bedAED 1.5M · Feb 2026
1–7 of 17

509, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 28 October 2020 for AED 789,888, or AED 1,285 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 55,000 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 1 October 2026.

Questions about 509, Rawda Apartments 1

What did unit 509 last sell for?

AED 789,888 on 28 October 2020, sold by the developer: AED 1,285 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 70,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since November 2022.

How big is unit 509?

614 sqft (57.0 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.

What is unit 509 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 509, Rawda Apartments 1

Starts from the last sale price (AED 790K, 28 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 →