3-bed · 1,573 sqftRawda Apartments 2, Town Square · 3rd floor · completed 2020

316, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 1.5M23 May 2021
Current rentAED 100K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Rawda Apartments 2

What is 316 worth today?

Last sold for AED 1,496,888 in 2021

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7 Dec 2025RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
7 Dec 2024RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
7 Dec 2023RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
7 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
1 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
1 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
23 May 2021Sold by developerReady
AED 1,496,888AED 951 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
3-bed apartment
Size
1,573 sqft
Floor
3rd of 8
Parking
P-345
Developer
Nshama Properties
Completed
2020
Service charge
AED 25,600 /yr
Last sold
AED 1.5M · May 2021

About 316, Rawda Apartments 2

316 is a three-bedroom apartment of 1,573 sqft on the 3rd floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 23 May 2021 for AED 1,496,888, or AED 951 per sqft, in line with the AED 950 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 7 December 2025, is AED 100,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 25,600 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, May 2021: AED 1,496,888 (AED 951 per sqft)

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

Rents
Unit 316, 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 120,000New contract, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearNew contract, December 2022: AED 90,000 a yearRenewal, December 2023: AED 90,000 a yearRenewal, December 2024: AED 90,000 a yearRenewal, December 2025: AED 100,000 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 316 sits

All 16 3-beds →

316 last sold in May 2021 at AED 951 per sqft, in line with what three-beds in Rawda Apartments 2 were fetching at the time (AED 950). 316's AED 100,000 is at the bottom of that range.

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 3rd floor

All 144 units in Rawda Apartments 2
Value
3012-bedAED 840K · Oct 2023
3022-bedAED 800K · Sep 2024
3032-bedAED 840K · Jul 2023
3042-bedAED 974K · Jan 2020
3052-bedAED 1.3M · Apr 2026
3062-bedAED 1.17M · Sep 2025
3072-bedAED 974K · Jan 2020
1–7 of 17

316, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 23 May 2021 for AED 1,496,888, or AED 951 per sqft.
  • Rented since October 2021 on 6 Ejari contracts, from AED 80,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 25,600 a year (AED 16.27 per sqft).

Source: Dubai Land Department. Updated 7 December 2025.

Questions about 316, Rawda Apartments 2

What did unit 316 last sell for?

AED 1,496,888 on 23 May 2021, sold by the developer: AED 951 per sqft for 1,573 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 100,000 a year on the contract renewed on 7 December 2025. The previous contract, from December 2024, was AED 90,000; the unit has been rented since October 2021.

How big is unit 316?

1,573 sqft (146.1 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 316 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 316, Rawda Apartments 2

Starts from the last sale price (AED 1.5M, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,496,888
Deposit, UAE resident (20%)
AED 299,378
Deposit, non-resident (40%)
AED 598,755
Monthly over 25 years at 3.7%
AED 6,124

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