3-bed · 1,550 sqftRawda Apartments 2, Town Square · 2nd floor · completed 2020

216, Rawda Apartments 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 5 July 2026
Last soldAED 1.42M27 May 2024
Current rentAED 125K /yr5 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Rawda Apartments 2

What is 216 worth today?

Last sold for AED 1,420,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jul 2026RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
5 Jul 2025RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
5 Jul 2025RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
5 Jul 2024RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
27 May 2024SoldReady
AED 1,420,000AED 915 per sqft
1 Dec 2023RentedRenewal
AED 75,075/yr6 months · AED 48 per sqft
1 Dec 2022RentedRenewal
AED 75,075/yr12 months · AED 48 per sqft
1 Dec 2021RentedRenewal
AED 71,500/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type
3-bed apartment
Size
1,550 sqft
Floor
2nd of 8
Parking
P-389
Developer
Nshama Properties
Completed
2020
Service charge
AED 25,200 /yr
Last sold
AED 1.42M · May 2024

About 216, Rawda Apartments 2

216 is a three-bedroom apartment of 1,550 sqft on the 2nd floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 27 May 2024 for AED 1,420,000, or AED 915 per sqft, in line with the AED 915 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 125,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 25,200 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical three-bed in Rawda Apartments 2
1.4M1.5M2019202120232025Typical 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, December 2019: AED 1,489,888 (AED 961 per sqft)Sold, May 2024: AED 1,420,000 (AED 915 per sqft)

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

Rents
Unit 216, each contractTypical three-bed in Rawda Apartments 2
100K2020202220242026Typical 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 120,000New contract, December 2020: AED 65,000 a yearRenewal, December 2021: AED 71,500 a yearRenewal, December 2022: AED 75,075 a yearRenewal, December 2023: AED 75,075 a yearNew contract, July 2024: AED 125,000 a yearRenewal, July 2025: AED 125,000 a yearRenewal, July 2025: AED 125,000 a yearRenewal, July 2026: AED 125,000 a year

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 216 sits

All 16 3-beds →

216 last sold in May 2024 at AED 915 per sqft, in line with what three-beds in Rawda Apartments 2 were fetching at the time (AED 915). 216's AED 125,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jun 20251,870,000
21 Oct 20241,490,000
15 Apr 20241,650,000
13 Oct 20231,550,000
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 2nd floor

All 144 units in Rawda Apartments 2
Value
2012-bedAED 958K · Jan 2020
2022-bedAED 873K · Apr 2019
2032-bedAED 1.09M · Sep 2026
2042-bedAED 1.25M · Nov 2025
2052-bedAED 910K · Oct 2019
2062-bedAED 1.3M · Jan 2026
2072-bedAED 946K · Jun 2021
1–7 of 17

216, Rawda Apartments 2 in numbers

  • Sold twice: first on 18 December 2019 for AED 1,489,888, last on 27 May 2024 for AED 1,420,000 (AED 915 per sqft).
  • Rented since December 2020 on 8 Ejari contracts, from AED 65,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 25,200 a year (AED 16.27 per sqft).

Source: Dubai Land Department. Updated 5 July 2026.

Questions about 216, Rawda Apartments 2

What did unit 216 last sell for?

AED 1,420,000 on 27 May 2024: AED 915 per sqft for 1,550 sqft. The unit has 2 registered sales; the first was AED 1,489,888 in December 2019.

What is the rent for unit 216?

AED 125,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 125,000; the unit has been rented since December 2020.

How big is unit 216?

1,550 sqft (144.0 sqm): a three-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2020.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 216? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 216, Rawda Apartments 2

Starts from the last sale price (AED 1.42M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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