1-bed · 614 sqftRawda Apartments 1, Town Square · 6th floor · completed 2020

608, Rawda Apartments 1

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 9 October 2023
Last soldAED 635K9 October 2023
Current rentAED 42K /yr23 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Rawda Apartments 1

What is 608 worth today?

Last sold for AED 635,000 in 2023

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9 Oct 2023SoldReady
AED 635,000AED 1,034 per sqft
23 Jul 2023RentedRenewal
AED 42,000/yr12 months · AED 68 per sqft
23 Jul 2023RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
23 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 65 per sqft
18 Jul 2021RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
2 Aug 2017Sold by developerOff-plan
AED 739,888AED 1,204 per sqft

Source: Dubai Land Department. Updated 9 October 2023.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
6th of 14
Parking
P-30
Developer
Nshama Properties
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 635K · October 2023

About 608, Rawda Apartments 1

608 is a one-bedroom apartment of 614 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 9 October 2023 for AED 635,000, or AED 1,034 per sqft, 3% above the AED 1,003 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 23 July 2023, is AED 42,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Rawda Apartments 1
600K800K2017202020232026Typical 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, August 2017: AED 739,888 (AED 1,204 per sqft)Sold, October 2023: AED 635,000 (AED 1,034 per sqft)

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

Rents
Unit 608, 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, July 2021: AED 32,000 a yearNew contract, July 2022: AED 40,000 a yearRenewal, July 2023: AED 42,000 a yearNew contract, July 2023: AED 42,000 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 608 sits

All 70 1-beds →

608 last sold in October 2023 at AED 1,034 per sqft, 3% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,003). 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. 608's AED 42,000 is at the bottom 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 6th floor

All 248 units in Rawda Apartments 1
Value
6012-bedAED 700K · Apr 2021
6023-bedAED 1.47M · Sep 2023
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
1–7 of 17

608, Rawda Apartments 1 in numbers

  • Sold twice: first on 2 August 2017 for AED 739,888, last on 9 October 2023 for AED 635,000 (AED 1,034 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 32,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 6.6%, 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 9 October 2023.

Questions about 608, Rawda Apartments 1

What did unit 608 last sell for?

AED 635,000 on 9 October 2023: AED 1,034 per sqft for 614 sqft. The unit has 2 registered sales; the first was AED 739,888 in August 2017.

What is the rent for unit 608?

AED 42,000 a year on the contract renewed on 23 July 2023. The previous contract, from July 2023, was AED 42,000; the unit has been rented since July 2021.

How big is unit 608?

614 sqft (57.0 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 608 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 608, Rawda Apartments 1

Starts from the last sale price (AED 635K, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

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