1-bed · 611 sqftRawda Apartments 1, Town Square · 5th floor · completed 2020

518, Rawda Apartments 1

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 800K29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Rawda Apartments 1

What is 518 worth today?

Last sold for AED 800,000 in 2024

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29 Aug 2024SoldReady
AED 800,000AED 1,310 per sqft
4 Jul 2019Sold by developerOff-plan
AED 660,888AED 1,082 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
5th of 14
Parking
P-55
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 800K · August 2024

About 518, Rawda Apartments 1

518 is a one-bedroom apartment of 611 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 29 August 2024 for AED 800,000, or AED 1,310 per sqft, 24% above the AED 1,058 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 518 over time

Sales
Unit 518, 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, July 2019: AED 660,888 (AED 1,082 per sqft)Sold, August 2024: AED 800,000 (AED 1,310 per sqft)

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

Rents
Unit 518, 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 65,000

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 518 sits

All 70 1-beds →

518 last sold in August 2024 at AED 1,310 per sqft, 24% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,058). 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.

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

518, Rawda Apartments 1 in numbers

  • Sold twice: first on 4 July 2019 for AED 660,888, last on 29 August 2024 for AED 800,000 (AED 1,310 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 29 August 2024.

Questions about 518, Rawda Apartments 1

What did unit 518 last sell for?

AED 800,000 on 29 August 2024: AED 1,310 per sqft for 611 sqft. The unit has 2 registered sales; the first was AED 660,888 in July 2019.

How big is unit 518?

611 sqft (56.8 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2020.

What is unit 518 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 518, Rawda Apartments 1

Starts from the last sale price (AED 800K, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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