701, Rawda Apartments 1
Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Rawda Apartments 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,012 sqft
- Floor
- 7th of 14
- Parking
- B-113
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.1M · June 2024
- Building
- Rawda Apartments 1
About 701, Rawda Apartments 1
701 is a two-bedroom apartment of 1,012 sqft on the 7th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 25 June 2024 for AED 1,100,000, or AED 1,086 per sqft, 5% above the AED 1,030 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 September 2020. The current contract, signed on 28 September 2020, is AED 46,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 16,500 a year.
Sales and rents for 701 over time
701 has sold 3 times; 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 701 sits
All 138 2-beds →701 last sold in June 2024 at AED 1,086 per sqft, 5% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,030). 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. 701's AED 46,000 is in the lower 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 7th floor
All 248 units in Rawda Apartments 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,522 sqft | AED 1.74MAED 1,737,888 · Nov 2019November 2019 | 105,000 /yr | |
| 703 | 3-bed | 1,451 sqft | AED 1.5MAED 1,500,000 · May 2023May 2023 | 75,000 /yr | |
| 704 | 2-bed | 922 sqft | AED 1.16MAED 1,162,888 · Sep 2017September 2017 | 85,000 /yr | |
| 705 | 2-bed | 896 sqft | AED 700KAED 700,000 · Nov 2023November 2023 | 95,000 /yr | |
| 706 | 2-bed | 928 sqft | AED 1.14MAED 1,144,888 · Mar 2021March 2021 | 80,000 /yr | |
| 707 | 2-bed | 931 sqft | AED 1.15MAED 1,148,888 · Feb 2021February 2021 | 75,000 /yr | |
| 708 | 1-bed | 614 sqft | AED 675KAED 675,000 · Jan 2024January 2024 | 69,600 /yr | |
| 709 | 1-bed | 614 sqft | AED 800KAED 799,888 · Dec 2020December 2020 | 47,916 /yr | |
| 710 | 3-bed | 1,501 sqft | AED 1.6MAED 1,601,888 · Oct 2021October 2021 | 127,000 /yr | |
| 711 | 2-bed | 912 sqft | AED 947KAED 946,888 · Oct 2017October 2017 | 80,000 /yr | |
| 712 | 1-bed | 679 sqft | AED 741KAED 740,888 · Sep 2017September 2017 | 62,000 /yr | |
| 713 | 2-bed | 927 sqft | AED 958KAED 957,888 · Oct 2017October 2017 | 90,000 /yr | |
| 714 | 2-bed | 907 sqft | AED 830KAED 830,000 · Oct 2023October 2023 | 49,500 /yr | |
| 715 | 2-bed | 969 sqft | AED 830KAED 830,000 · Mar 2022March 2022 | 95,000 /yr | |
| 716 | 2-bed | 975 sqft | AED 1.3MAED 1,300,000 · Aug 2025August 2025 | 81,041 /yr | |
| 717 | 1-bed | 611 sqft | AED 681KAED 680,888 · Sep 2019September 2019 | 72,000 /yr | |
| 718 | 1-bed | 611 sqft | AED 681KAED 680,888 · Apr 2019April 2019 | 55,000 /yr |
701, Rawda Apartments 1 in numbers
- Sold 3 times: first on 30 August 2018 for AED 969,888, last on 25 June 2024 for AED 1,100,000 (AED 1,086 per sqft).
- Rented since September 2020 on one Ejari contract, at AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 16,500 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 25 June 2024.
Questions about 701, Rawda Apartments 1
What did unit 701 last sell for?
AED 1,100,000 on 25 June 2024: AED 1,086 per sqft for 1,012 sqft. The unit has 3 registered sales; the first was AED 969,888 in August 2018.
What is the rent for unit 701?
AED 46,000 a year on the contract signed on 28 September 2020.
How big is unit 701?
1,012 sqft (94.0 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.
What is unit 701 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 701, Rawda Apartments 1
Starts from the last sale price (AED 1.1M, 25 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →