2-bed · 928 sqftRawda Apartments 1, Town Square · 9th floor · completed 2020

906, Rawda Apartments 1

Sold prices and rental history: sold twice, last in November 2023, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 3 November 2023
Last soldAED 950K3 November 2023
Current rentAED 70K /yr18 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Rawda Apartments 1

What is 906 worth today?

Last sold for AED 950,000 in 2023

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3 Nov 2023SoldReady
AED 950,000AED 1,023 per sqft
18 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
1 Mar 2021Sold by developerReady
AED 1,157,888AED 1,247 per sqft

Source: Dubai Land Department. Updated 3 November 2023.

Key facts

Type
2-bed apartment
Size
928 sqft
Floor
9th of 14
Parking
B-154
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 950K · November 2023

About 906, Rawda Apartments 1

906 is a two-bedroom apartment of 928 sqft on the 9th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 3 November 2023 for AED 950,000, or AED 1,023 per sqft, 10% above the AED 929 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 August 2022. The current contract, signed on 18 August 2022, is AED 70,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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 1,157,888 (AED 1,247 per sqft)Sold, November 2023: AED 950,000 (AED 1,023 per sqft)

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

Rents
Unit 906, 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, August 2022: AED 70,000 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 906 sits

All 138 2-beds →

906 last sold in November 2023 at AED 1,023 per sqft, 10% above what two-beds in Rawda Apartments 1 were fetching at the time (AED 929). 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. 906's AED 70,000 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 9th floor

All 248 units in Rawda Apartments 1
Value
9012-bedAED 982K · Apr 2018
9023-bedAED 1.64M · Nov 2021
9033-bedAED 1.73M · Nov 2019
9042-bedAED 1.15M · Feb 2021
9052-bedAED 930K · Sep 2023
9072-bedAED 1.16M · Jun 2021
9081-bedAED 809K · Nov 2020
1–7 of 17

906, Rawda Apartments 1 in numbers

  • Sold twice: first on 1 March 2021 for AED 1,157,888, last on 3 November 2023 for AED 950,000 (AED 1,023 per sqft).
  • Rented since August 2022 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 7.4%, 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 3 November 2023.

Questions about 906, Rawda Apartments 1

What did unit 906 last sell for?

AED 950,000 on 3 November 2023: AED 1,023 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 1,157,888 in March 2021.

What is the rent for unit 906?

AED 70,000 a year on the contract signed on 18 August 2022.

How big is unit 906?

928 sqft (86.2 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2020.

What is unit 906 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 906, Rawda Apartments 1

Starts from the last sale price (AED 950K, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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