714, Rawda Apartments 1
Sold prices and rental history: sold twice, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 714, Rawda Apartments 1
What is 714 worth today?
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Source: Dubai Land Department. Updated 24 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 907 sqft
- Floor
- 7th of 14
- Parking
- B-157
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 14,800 /yr
- Last sold
- AED 830K · October 2023
- Building
- Rawda Apartments 1
About 714, Rawda Apartments 1
714 is a two-bedroom apartment of 907 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 24 October 2023 for AED 830,000, or AED 914 per sqft, in line with the AED 916 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 December 2022, is AED 49,500 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 14,800 a year.
Sales and rents for 714 over time
714 has sold twice; 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 714 sits
All 138 2-beds →714 last sold in October 2023 at AED 914 per sqft, in line with what two-beds in Rawda Apartments 1 were fetching at the time (AED 916). 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. 714's AED 49,500 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
714, Rawda Apartments 1 in numbers
- Sold twice: first on 10 August 2017 for AED 941,888, last on 24 October 2023 for AED 830,000 (AED 914 per sqft).
- Rented since December 2020 on 3 Ejari contracts, from AED 42,000 to AED 49,500 a year.
- At AED 49,500 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 14,800 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 24 October 2023.
Questions about 714, Rawda Apartments 1
What did unit 714 last sell for?
AED 830,000 on 24 October 2023: AED 914 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 941,888 in August 2017.
What is the rent for unit 714?
AED 49,500 a year on the contract renewed on 2 December 2022. The previous contract, from December 2021, was AED 45,000; the unit has been rented since December 2020.
How big is unit 714?
907 sqft (84.3 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.
What is unit 714 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 714, Rawda Apartments 1
Starts from the last sale price (AED 830K, 24 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →