3-bed · 2,266 sqftRawda Apartments 2, Town Square · 1st floor · completed 2020

116, Rawda Apartments 2

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 1.6M19 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Rawda Apartments 2

What is 116 worth today?

Last sold for AED 1,600,000 in 2023

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19 Apr 2023SoldReady
AED 1,600,000AED 706 per sqft
12 Feb 2020Sold by developerOff-plan
AED 1,562,888AED 689 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
1st of 8
Parking
P-355
Developer
Nshama Properties
Completed
2020
Service charge
AED 36,900 /yr
Last sold
AED 1.6M · April 2023

About 116, Rawda Apartments 2

116 is a three-bedroom apartment of 2,266 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 19 April 2023 for AED 1,600,000, or AED 706 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical three-bed in Rawda Apartments 2
1.4M1.5M1.6M2019202120232025Typical sale price by year: 2019 AED 1,380,888; 2020 AED 1,484,888; 2021 AED 1,486,888; 2023 AED 1,550,000; 2024 AED 1,490,000Sold by developer, February 2020: AED 1,562,888 (AED 689 per sqft)Sold, April 2023: AED 1,600,000 (AED 706 per sqft)

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

Rents
Unit 116, each contractTypical three-bed in Rawda Apartments 2
75K100K125K2021202320252027Typical rent by year: 2021 AED 75,600; 2022 AED 78,500; 2023 AED 93,000; 2024 AED 112,089; 2025 AED 115,000; 2026 AED 120,000

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 116 sits

All 16 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
12 Jun 20251,870,000
21 Oct 20241,490,000
27 May 20241,420,000
15 Apr 20241,650,000
0 3-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
1062-bedAED 1.3M · Jul 2024
1072-bedAED 1.05M · Nov 2021
1–7 of 17

116, Rawda Apartments 2 in numbers

  • Sold twice: first on 12 February 2020 for AED 1,562,888, last on 19 April 2023 for AED 1,600,000 (AED 706 per sqft).

Source: Dubai Land Department. Updated 19 April 2023.

Questions about 116, Rawda Apartments 2

What did unit 116 last sell for?

AED 1,600,000 on 19 April 2023: AED 706 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 1,562,888 in February 2020.

How big is unit 116?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 1st floor of a 8-storey tower completed in 2020.

What is unit 116 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 116, Rawda Apartments 2

Starts from the last sale price (AED 1.6M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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