1-bed · 611 sqftRawda Apartments 1, Town Square · 6th floor · completed 2020

617, Rawda Apartments 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 730K20 September 2024
Current rentAED 65K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Rawda Apartments 1

What is 617 worth today?

Last sold for AED 730,000 in 2024

Unlock today's estimate, updated daily, with

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

1 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
20 Sep 2024SoldReady
AED 730,000AED 1,195 per sqft
21 Aug 2023RentedRenewal
AED 44,000/yr12 months · AED 72 per sqft
21 Aug 2022RentedRenewal
AED 37,950/yr12 months · AED 62 per sqft
21 Aug 2021RentedRenewal
AED 37,950/yr12 months · AED 62 per sqft
21 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 54 per sqft
26 Jul 2017Sold by developerOff-plan
AED 662,888AED 1,085 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
611 sqft
Floor
6th of 14
Parking
P-27
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 730K · September 2024

About 617, Rawda Apartments 1

617 is a one-bedroom apartment of 611 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 20 September 2024 for AED 730,000, or AED 1,195 per sqft, 10% above the AED 1,085 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 January 2026, is AED 65,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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 2017: AED 662,888 (AED 1,085 per sqft)Sold, September 2024: AED 730,000 (AED 1,195 per sqft)

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

Rents
Unit 617, 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, August 2020: AED 33,000 a yearRenewal, August 2021: AED 37,950 a yearRenewal, August 2022: AED 37,950 a yearRenewal, August 2023: AED 44,000 a yearNew contract, January 2026: AED 65,000 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 617 sits

All 70 1-beds →

617 last sold in September 2024 at AED 1,195 per sqft, 10% above what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,085). 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. 617's AED 65,000 is in the upper half 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

617, Rawda Apartments 1 in numbers

  • Sold twice: first on 26 July 2017 for AED 662,888, last on 20 September 2024 for AED 730,000 (AED 1,195 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 33,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 9,900 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 1 January 2026.

Questions about 617, Rawda Apartments 1

What did unit 617 last sell for?

AED 730,000 on 20 September 2024: AED 1,195 per sqft for 611 sqft. The unit has 2 registered sales; the first was AED 662,888 in July 2017.

What is the rent for unit 617?

AED 65,000 a year on the contract signed on 1 January 2026. The previous contract, from August 2023, was AED 44,000; the unit has been rented since August 2020.

How big is unit 617?

611 sqft (56.8 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 617 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.

Selling 617? 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 617, Rawda Apartments 1

Starts from the last sale price (AED 730K, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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