118, Rawda Apartments 2
Sold prices and rental history: sold twice, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Rawda Apartments 2
What is 118 worth today?
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Source: Dubai Land Department. Updated 25 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,138 sqft
- Floor
- 1st of 8
- Parking
- P-453
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 18,500 /yr
- Last sold
- AED 785K · December 2023
- Building
- Rawda Apartments 2
About 118, Rawda Apartments 2
118 is a one-bedroom apartment of 1,138 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 25 December 2023 for AED 785,000, or AED 689 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 June 2023, is AED 55,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 18,500 a year.
Sales and rents for 118 over time
118 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rawda Apartments 2, and where 118 sits
All 24 1-beds →Over the last 12 months one-beds sold for AED 900,000, around AED 1,295 per sqft, and rent for AED 48,914 to 78,000 a year. 118's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 808 sqft | 900,000 | 1,113 | ||
| 27 Feb 202627 February 2026 | 610 sqft | 900,000 | 1,476 | ||
| 15 Apr 202515 April 2025 | 610 sqft | 750,000 | 1,230 | ||
| 24 Mar 202524 March 2025 | 808 sqft | 900,000 | 1,113 |
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 | |
| 115 | 3-bed | 2,261 sqft | AED 1.65MAED 1,650,000 · Apr 2024April 2024 | 125,000 /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, Rawda Apartments 2 in numbers
- Sold twice: first on 4 February 2020 for AED 765,888, last on 25 December 2023 for AED 785,000 (AED 689 per sqft).
- Rented since January 2021 on 3 Ejari contracts, from AED 33,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 18,500 a year (AED 16.27 per sqft).
- One-beds in Rawda Apartments 2 sold for AED 900,000–900,000 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 25 December 2023.
Questions about 118, Rawda Apartments 2
What did unit 118 last sell for?
AED 785,000 on 25 December 2023: AED 689 per sqft for 1,138 sqft. The unit has 2 registered sales; the first was AED 765,888 in February 2020.
What is the rent for unit 118?
AED 55,000 a year on the contract signed on 20 June 2023. The previous contract, from March 2022, was AED 40,000; the unit has been rented since January 2021.
How big is unit 118?
1,138 sqft (105.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2020.
What is unit 118 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 2 sold for AED 900,000 to 900,000 in the last 12 months, around AED 1,295 per sqft.
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Mortgage on 118, Rawda Apartments 2
Starts from the last sale price (AED 785K, 25 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 785,000
- Deposit, UAE resident (20%)
- AED 157,000
- Deposit, non-resident (40%)
- AED 314,000
- Monthly over 25 years at 3.7%
- AED 3,212
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →