
703, Rawda Apartments 1
Sold prices and rental history: sold twice, last in May 2023, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Rawda Apartments 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 18 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,451 sqft
- Floor
- 7th of 14
- Parking
- P-20,P-242
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 23,600 /yr
- Last sold
- AED 1.5M · May 2023
- Building
- Rawda Apartments 1
About 703, Rawda Apartments 1
703 is a three-bedroom apartment of 1,451 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 18 May 2023 for AED 1,500,000, or AED 1,034 per sqft.
One Ejari contract is registered, from 26 December 2021. The current contract, signed on 26 December 2021, is AED 75,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 23,600 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the three-bed median of each year in the building.
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 703 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. 703's AED 75,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Dec 20255 December 2025 | 1,918 sqft | 2,250,888 | 1,173 | ||
| 28 Aug 202528 August 2025 | 1,520 sqft | 2,275,888 | 1,496 | ||
| 15 Aug 202515 August 2025 | 1,522 sqft | 2,150,000 | 1,412 | ||
| 14 Aug 202514 August 2025 | 1,532 sqft | 2,200,000 | 1,435 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,012 sqft | AED 1.1MAED 1,100,000 · Jun 2024June 2024 | 46,000 /yr | |
| 702 | 3-bed | 1,522 sqft | AED 1.74MAED 1,737,888 · Nov 2019November 2019 | 105,000 /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 |
703, Rawda Apartments 1 in numbers
- Sold twice: first on 13 September 2021 for AED 1,598,888, last on 18 May 2023 for AED 1,500,000 (AED 1,034 per sqft).
- Rented since December 2021 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 23,600 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 18 May 2023.
Questions about 703, Rawda Apartments 1
What did unit 703 last sell for?
AED 1,500,000 on 18 May 2023: AED 1,034 per sqft for 1,451 sqft. The unit has 2 registered sales; the first was AED 1,598,888 in September 2021.
What is the rent for unit 703?
AED 75,000 a year on the contract signed on 26 December 2021.
How big is unit 703?
1,451 sqft (134.8 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.
What is unit 703 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.
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Mortgage on 703, Rawda Apartments 1
Starts from the last sale price (AED 1.5M, 18 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →