2-bed · 928 sqftRawda Apartments 1, Town Square · 7th floor · completed 2020

706, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.14M29 March 2021
Current rentAED 80K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Rawda Apartments 1

What is 706 worth today?

Last sold for AED 1,144,888 in 2021

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1 Dec 2025RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
1 Dec 2024RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
25 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
16 Dec 2021RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
29 Mar 2021Sold by developerReady
AED 1,144,888AED 1,234 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
928 sqft
Floor
7th of 14
Parking
B-46
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 1.14M · March 2021

About 706, Rawda Apartments 1

706 is a two-bedroom apartment of 928 sqft on the 7th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 29 March 2021 for AED 1,144,888, or AED 1,234 per sqft, in line with the AED 1,227 two-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 1 December 2025, is AED 80,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 15,100 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Rawda Apartments 1
1M1.25M2017202020232026Typical sale price by year: 2017 AED 967,888; 2018 AED 979,888; 2019 AED 1,054,888; 2020 AED 1,136,888; 2021 AED 1,125,888; 2023 AED 930,000; 2024 AED 1,093,444; 2025 AED 1,275,000; 2026 AED 1,385,000Sold by developer, March 2021: AED 1,144,888 (AED 1,234 per sqft)

706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, each contractTypical two-bed in Rawda Apartments 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 46,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 76,000; 2025 AED 85,000; 2026 AED 87,000New contract, December 2021: AED 65,000 a yearNew contract, November 2022: AED 60,000 a yearNew contract, December 2024: AED 75,000 a yearRenewal, December 2025: AED 80,000 a year

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 706 sits

All 138 2-beds →

706 last sold in March 2021 at AED 1,234 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 1,227). 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. 706's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
28 Oct 20261,450,000
25 Sep 20261,270,000
8 Sep 20261,650,888
13 2-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 7th floor

All 248 units in Rawda Apartments 1
Value
7012-bedAED 1.1M · Jun 2024
7023-bedAED 1.74M · Nov 2019
7033-bedAED 1.5M · May 2023
7042-bedAED 1.16M · Sep 2017
7052-bedAED 700K · Nov 2023
7072-bedAED 1.15M · Feb 2021
7081-bedAED 675K · Jan 2024
1–7 of 17

706, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 29 March 2021 for AED 1,144,888, or AED 1,234 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 15,100 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 1 December 2025.

Questions about 706, Rawda Apartments 1

What did unit 706 last sell for?

AED 1,144,888 on 29 March 2021, sold by the developer: AED 1,234 per sqft for 928 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 80,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 75,000; the unit has been rented since December 2021.

How big is unit 706?

928 sqft (86.2 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.

What is unit 706 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 706, Rawda Apartments 1

Starts from the last sale price (AED 1.14M, 29 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,144,888
Deposit, UAE resident (20%)
AED 228,978
Deposit, non-resident (40%)
AED 457,955
Monthly over 25 years at 3.7%
AED 4,684

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