2-bed · 1,598 sqftRawda Apartments 2, Town Square · 1st floor · completed 2020

106, Rawda Apartments 2

Sold prices and rental history: sold twice, last in July 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 1.3M3 July 2024
Current rentAED 80K /yr28 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Rawda Apartments 2

What is 106 worth today?

Last sold for AED 1,300,000 in 2024

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3 Jul 2024SoldReady
AED 1,300,000AED 813 per sqft
28 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
10 Feb 2020Sold by developerOff-plan
AED 1,042,888AED 652 per sqft

Source: Dubai Land Department. Updated 3 July 2024.

Key facts

Type
2-bed apartment
Size
1,598 sqft
Floor
1st of 8
Parking
P-336
Developer
Nshama Properties
Completed
2020
Service charge
AED 26,000 /yr
Last sold
AED 1.3M · July 2024

About 106, Rawda Apartments 2

106 is a two-bedroom apartment of 1,598 sqft on the 1st floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 3 July 2024 for AED 1,300,000, or AED 813 per sqft, 13% below the AED 932 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2022. The current contract, signed on 28 September 2022, is AED 80,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 26,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Rawda Apartments 2
1M1.25M2018202120242027Typical sale price by year: 2018 AED 971,888; 2019 AED 911,388; 2020 AED 973,888; 2021 AED 951,888; 2023 AED 850,000; 2024 AED 987,500; 2025 AED 1,240,000; 2026 AED 1,300,000Sold by developer, February 2020: AED 1,042,888 (AED 652 per sqft)Sold, July 2024: AED 1,300,000 (AED 813 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Rawda Apartments 2
50K75K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 46,000; 2022 AED 52,000; 2023 AED 59,400; 2024 AED 75,000; 2025 AED 80,607; 2026 AED 90,000New contract, September 2022: 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 2, and where 106 sits

All 104 2-beds →

106 last sold in July 2024 at AED 813 per sqft, 13% below what two-beds in Rawda Apartments 2 were fetching at the time (AED 932). Over the last 12 months two-beds sold for AED 904,700 to 1,600,000, around AED 1,318 per sqft, and rent for AED 60,900 to 123,000 a year. 106's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,200,000
7 Oct 20261,325,000
25 Sep 20261,090,000
4 Aug 20261,420,000
15 2-bed sales in the last 12 months

Rawda Apartments 2

Building

144 apartments, 1-bed to 3-bed over 8 floors in Town Square, completed in 2020 by Nshama Properties. 17 sold in the last 12 months.

Typical price per sqft
AED 1,318 Up 8.4%
Typical sale
AED 1.28M
Typical rent
AED 85K /yr
Typical yield
6.5%
Rawda Apartments 2, Town Square: prices, sales and rents →

Other units on the 1st floor

All 144 units in Rawda Apartments 2
Value
1012-bedAED 1.05M · Oct 2023
1022-bedAED 1.42M · Aug 2026
1032-bedAED 905K · Jan 2026
1042-bedAED 1.25M · Sep 2024
1052-bedAED 1.04M · May 2020
1072-bedAED 1.05M · Nov 2021
1082-bedAED 1.04M · Jan 2020
1–7 of 17

106, Rawda Apartments 2 in numbers

  • Sold twice: first on 10 February 2020 for AED 1,042,888, last on 3 July 2024 for AED 1,300,000 (AED 813 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 26,000 a year (AED 16.27 per sqft).
  • Two-beds in Rawda Apartments 2 sold for AED 904,700–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,318 per sqft.

Source: Dubai Land Department. Updated 3 July 2024.

Questions about 106, Rawda Apartments 2

What did unit 106 last sell for?

AED 1,300,000 on 3 July 2024: AED 813 per sqft for 1,598 sqft. The unit has 2 registered sales; the first was AED 1,042,888 in February 2020.

What is the rent for unit 106?

AED 80,000 a year on the contract signed on 28 September 2022.

How big is unit 106?

1,598 sqft (148.5 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2020.

What is unit 106 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 2 sold for AED 904,700 to 1,600,000 in the last 12 months, around AED 1,318 per sqft.

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Mortgage on 106, Rawda Apartments 2

Starts from the last sale price (AED 1.3M, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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