616, Rawda Apartments 1
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Rawda Apartments 1
What is 616 worth today?
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Source: Dubai Land Department. Updated 21 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 976 sqft
- Floor
- 6th of 14
- Parking
- B-85
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,900 /yr
- Last sold
- AED 964K · August 2017
- Building
- Rawda Apartments 1
About 616, Rawda Apartments 1
616 is a two-bedroom apartment of 976 sqft on the 6th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 17 August 2017 for AED 963,888, or AED 987 per sqft, in line with the AED 1,011 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 21 December 2025, is AED 85,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 15,900 a year.
Sales and rents for 616 over time
616 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 616 sits
All 138 2-beds →616 last sold in August 2017 at AED 987 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,011). 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. 616's AED 85,000 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 6th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,012 sqft | AED 700KAED 700,000 · Apr 2021April 2021 | 73,500 /yr | |
| 602 | 3-bed | 1,522 sqft | AED 1.47MAED 1,470,000 · Sep 2023September 2023 | 73,500 /yr | |
| 603 | 3-bed | 1,451 sqft | AED 1.59MAED 1,589,888 · Nov 2021November 2021 | 145,000 /yr | |
| 604 | 2-bed | 922 sqft | AED 1.16MAED 1,156,888 · Sep 2017September 2017 | 78,000 /yr | |
| 605 | 2-bed | 896 sqft | AED 1.13MAED 1,129,888 · Nov 2017November 2017 | 85,000 /yr | |
| 606 | 2-bed | 928 sqft | AED 825KAED 825,000 · Aug 2023August 2023 | 84,500 /yr | |
| 607 | 2-bed | 931 sqft | AED 1.08MAED 1,075,000 · Dec 2023December 2023 | 110,000 /yr | |
| 608 | 1-bed | 614 sqft | AED 635KAED 635,000 · Oct 2023October 2023 | 42,000 /yr | |
| 609 | 1-bed | 614 sqft | AED 744KAED 743,888 · Jul 2017July 2017 | 43,560 /yr | |
| 610 | 3-bed | 1,501 sqft | AED 1.6MAED 1,600,888 · Nov 2021November 2021 | 140,000 /yr | |
| 611 | 2-bed | 912 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 75,000 /yr | |
| 612 | 1-bed | 679 sqft | AED 788KAED 787,888 · Apr 2021April 2021 | 43,203 /yr | |
| 613 | 2-bed | 927 sqft | AED 953KAED 952,888 · Jul 2017July 2017 | 87,000 /yr | |
| 614 | 2-bed | 908 sqft | AED 936KAED 935,888 · Sep 2017September 2017 | 110,000 /yr | |
| 615 | 2-bed | 969 sqft | AED 1.35MAED 1,350,000 · Oct 2025October 2025 | 54,000 /yr | |
| 617 | 1-bed | 611 sqft | AED 730KAED 730,000 · Sep 2024September 2024 | 65,000 /yr | |
| 618 | 1-bed | 611 sqft | AED 666KAED 665,888 · Jul 2017July 2017 | 63,000 /yr |
616, Rawda Apartments 1 in numbers
- Sold once: by Nshama Properties on 17 August 2017 for AED 963,888, or AED 987 per sqft.
- Rented since November 2020 on 7 Ejari contracts, from AED 50,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 15,900 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 21 December 2025.
Questions about 616, Rawda Apartments 1
What did unit 616 last sell for?
AED 963,888 on 17 August 2017, sold by the developer: AED 987 per sqft for 976 sqft. It is the only registered sale of the unit.
What is the rent for unit 616?
AED 85,000 a year on the contract renewed on 21 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since November 2020.
How big is unit 616?
976 sqft (90.7 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.
What is unit 616 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 616, Rawda Apartments 1
Starts from the last sale price (AED 964K, 17 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 963,888
- Deposit, UAE resident (20%)
- AED 192,778
- Deposit, non-resident (40%)
- AED 385,555
- Monthly over 25 years at 3.7%
- AED 3,944
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →