115, Rawda Apartments 2
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Rawda Apartments 2
What is 115 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,261 sqft
- Floor
- 1st of 8
- Parking
- P-356
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 36,800 /yr
- Last sold
- AED 1.65M · April 2024
- Building
- Rawda Apartments 2
About 115, Rawda Apartments 2
115 is a three-bedroom apartment of 2,261 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 15 April 2024 for AED 1,650,000, or AED 729 per sqft, in line with the AED 729 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 December 2023, is AED 125,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 36,800 a year.
Sales and rents for 115 over time
115 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 2, and where 115 sits
All 16 3-beds →115 last sold in April 2024 at AED 729 per sqft, in line with what three-beds in Rawda Apartments 2 were fetching at the time (AED 729). 115's AED 125,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jun 202512 June 2025 | 1,503 sqft | 1,870,000 | 1,244 | ||
| 21 Oct 202421 October 2024 | 1,461 sqft | 1,490,000 | 1,019 | ||
| 27 May 202427 May 2024 | 1,550 sqft | 1,420,000 | 915 | ||
| 13 Oct 202313 October 2023 | 1,503 sqft | 1,550,000 | 1,031 |
Rawda Apartments 2
Building144 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%
Other units on the 1st floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,613 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | 79,485 /yr | |
| 102 | 2-bed | 1,611 sqft | AED 1.42MAED 1,420,000 · Aug 2026August 2026 | 110,000 /yr | |
| 103 | 2-bed | 1,610 sqft | AED 905KAED 904,700 · Jan 2026January 2026 | 100,000 /yr | |
| 104 | 2-bed | 1,596 sqft | AED 1.25MAED 1,250,888 · Sep 2024September 2024 | 110,000 /yr | |
| 105 | 2-bed | 1,584 sqft | AED 1.04MAED 1,040,888 · May 2020May 2020 | 68,250 /yr | |
| 106 | 2-bed | 1,598 sqft | AED 1.3MAED 1,300,000 · Jul 2024July 2024 | 80,000 /yr | |
| 107 | 2-bed | 1,610 sqft | AED 1.05MAED 1,045,888 · Nov 2021November 2021 | 102,000 /yr | |
| 108 | 2-bed | 1,570 sqft | AED 1.04MAED 1,036,888 · Jan 2020January 2020 | 65,000 /yr | |
| 109 | 1-bed | 1,117 sqft | AED 750KAED 750,000 · Dec 2023December 2023 | 40,000 /yr | |
| 110 | 2-bed | 2,164 sqft | AED 1.6MAED 1,600,000 · Dec 2025December 2025 | 90,000 /yr | |
| 111 | 2-bed | 2,758 sqft | AED 1.18MAED 1,177,888 · Sep 2018September 2018 | 115,000 /yr | |
| 112 | 1-bed | 1,087 sqft | AED 799KAED 798,888 · Nov 2020November 2020 | 70,000 /yr | |
| 113 | 2-bed | 1,713 sqft | AED 1.05MAED 1,049,888 · Oct 2019October 2019 | 84,000 /yr | |
| 114 | 2-bed | 1,701 sqft | AED 1.04MAED 1,040,888 · Feb 2019February 2019 | 95,000 /yr | |
| 116 | 3-bed | 2,266 sqft | AED 1.6MAED 1,600,000 · Apr 2023April 2023 | ||
| 117 | 2-bed | 1,676 sqft | AED 1.06MAED 1,064,888 · Jul 2018July 2018 | 93,000 /yr | |
| 118 | 1-bed | 1,138 sqft | AED 785KAED 785,000 · Dec 2023December 2023 | 55,000 /yr |
115, Rawda Apartments 2 in numbers
- Sold twice: first on 9 August 2020 for AED 1,560,888, last on 15 April 2024 for AED 1,650,000 (AED 729 per sqft).
- Rented since September 2021 on 4 Ejari contracts, from AED 80,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 36,800 a year (AED 16.27 per sqft).
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 115, Rawda Apartments 2
What did unit 115 last sell for?
AED 1,650,000 on 15 April 2024: AED 729 per sqft for 2,261 sqft. The unit has 2 registered sales; the first was AED 1,560,888 in August 2020.
What is the rent for unit 115?
AED 125,000 a year on the contract signed on 5 December 2023. The previous contract, from September 2023, was AED 79,762; the unit has been rented since September 2021.
How big is unit 115?
2,261 sqft (210.1 sqm): a three-bedroom apartment on the 1st floor of a 8-storey tower completed in 2020.
What is unit 115 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 115, Rawda Apartments 2
Starts from the last sale price (AED 1.65M, 15 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →