515, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in October 2019, 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 515, Rawda Apartments 1
What is 515 worth today?
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Source: Dubai Land Department. Updated 7 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 969 sqft
- Floor
- 5th of 14
- Parking
- B-75
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,800 /yr
- Last sold
- AED 1.02M · October 2019
- Building
- Rawda Apartments 1
About 515, Rawda Apartments 1
515 is a two-bedroom apartment of 969 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 21 October 2019 for AED 1,022,888, or AED 1,055 per sqft, in line with the AED 1,067 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 7 January 2026, is AED 69,300 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 15,800 a year.
Sales and rents for 515 over time
515 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 515 sits
All 138 2-beds →515 last sold in October 2019 at AED 1,055 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,067). 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. 515's AED 69,300 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 | |
| 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 | |
| 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 | |
| 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 |
515, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 21 October 2019 for AED 1,022,888, or AED 1,055 per sqft.
- Rented since May 2021 on 6 Ejari contracts, from AED 45,000 to AED 69,300 a year.
- At AED 69,300 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 15,800 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 7 January 2026.
Questions about 515, Rawda Apartments 1
What did unit 515 last sell for?
AED 1,022,888 on 21 October 2019, sold by the developer: AED 1,055 per sqft for 969 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 69,300 a year on the contract renewed on 7 January 2026. The previous contract, from January 2025, was AED 66,000; the unit has been rented since May 2021.
How big is unit 515?
969 sqft (90.0 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.
What is unit 515 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 515, Rawda Apartments 1
Starts from the last sale price (AED 1.02M, 21 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,022,888
- Deposit, UAE resident (20%)
- AED 204,578
- Deposit, non-resident (40%)
- AED 409,155
- Monthly over 25 years at 3.7%
- AED 4,185
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →