3-bed · 1,522 sqftRawda Apartments 1, Town Square · 6th floor · completed 2020

602, Rawda Apartments 1

Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 13 September 2023
Last soldAED 1.47M13 September 2023
Current rentAED 74K /yr2 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Rawda Apartments 1

What is 602 worth today?

Last sold for AED 1,470,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Sep 2023SoldReady
AED 1,470,000AED 965 per sqft
2 Dec 2022RentedRenewal
AED 73,500/yr12 months · AED 48 per sqft
2 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 46 per sqft
2 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
17 Aug 2017Sold by developerOff-plan
AED 1,612,888AED 1,059 per sqft

Source: Dubai Land Department. Updated 13 September 2023.

Key facts

Type
3-bed apartment
Size
1,522 sqft
Floor
6th of 14
Parking
P-61
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,800 /yr
Last sold
AED 1.47M · September 2023

About 602, Rawda Apartments 1

602 is a three-bedroom apartment of 1,522 sqft on the 6th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 13 September 2023 for AED 1,470,000, or AED 965 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 December 2022, is AED 73,500 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 24,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Rawda Apartments 1
1.5M2M2017202020232026Typical sale price by year: 2021 AED 1,638,888; 2023 AED 1,500,000; 2024 AED 1,700,000; 2025 AED 2,240,000Sold by developer, August 2017: AED 1,612,888 (AED 1,059 per sqft)Sold, September 2023: AED 1,470,000 (AED 965 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Rawda Apartments 1
50K100K2020202220242026Typical rent by year: 2021 AED 80,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 130,000New contract, November 2020: AED 60,000 a yearNew contract, December 2021: AED 70,000 a yearRenewal, December 2022: AED 73,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rawda Apartments 1, and where 602 sits

All 40 3-beds →

Over the last 12 months three-beds sold for AED 2,250,888, around AED 1,173 per sqft, and rent for AED 83,340 to 145,000 a year. 602's AED 73,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Dec 20252,250,888
28 Aug 20252,275,888
15 Aug 20252,150,000
14 Aug 20252,200,000
1 3-bed sale 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 6th floor

All 248 units in Rawda Apartments 1
Value
6012-bedAED 700K · Apr 2021
6033-bedAED 1.59M · Nov 2021
6042-bedAED 1.16M · Sep 2017
6052-bedAED 1.13M · Nov 2017
6062-bedAED 825K · Aug 2023
6072-bedAED 1.08M · Dec 2023
6081-bedAED 635K · Oct 2023
1–7 of 17

602, Rawda Apartments 1 in numbers

  • Sold twice: first on 17 August 2017 for AED 1,612,888, last on 13 September 2023 for AED 1,470,000 (AED 965 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 60,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 24,800 a year (AED 16.27 per sqft).
  • Three-beds in Rawda Apartments 1 sold for AED 2,250,888–2,250,888 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 13 September 2023.

Questions about 602, Rawda Apartments 1

What did unit 602 last sell for?

AED 1,470,000 on 13 September 2023: AED 965 per sqft for 1,522 sqft. The unit has 2 registered sales; the first was AED 1,612,888 in August 2017.

What is the rent for unit 602?

AED 73,500 a year on the contract renewed on 2 December 2022. The previous contract, from December 2021, was AED 70,000; the unit has been rented since November 2020.

How big is unit 602?

1,522 sqft (141.4 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rawda Apartments 1 sold for AED 2,250,888 to 2,250,888 in the last 12 months, around AED 1,173 per sqft.

Selling 602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 602, Rawda Apartments 1

Starts from the last sale price (AED 1.47M, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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