1-bed · 610 sqftRawda Apartments 2, Town Square · 3rd floor · completed 2020

318, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 681K19 May 2019
Current rentAED 55K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Rawda Apartments 2

What is 318 worth today?

Last sold for AED 680,888 in 2019

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5 Aug 2026RentedNew contract
AED 55,000/yr12 months · AED 91 per sqft
1 Oct 2025RentedRenewal
AED 48,000/yr12 months · AED 80 per sqft
1 Oct 2024RentedRenewal
AED 44,000/yr12 months · AED 73 per sqft
1 Oct 2023RentedRenewal
AED 40,500/yr12 months · AED 67 per sqft
1 Oct 2022RentedRenewal
AED 39,000/yr12 months · AED 65 per sqft
1 Oct 2021RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
15 Sep 2020RentedNew contract
AED 36,000/yr12 months · AED 59 per sqft
19 May 2019Sold by developerOff-plan
AED 680,888AED 1,116 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
1-bed apartment
Size
610 sqft
Floor
3rd of 8
Parking
P-416
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 681K · May 2019

About 318, Rawda Apartments 2

318 is a one-bedroom apartment of 610 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 19 May 2019 for AED 680,888, or AED 1,116 per sqft, 11% above the AED 1,008 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 5 August 2026, is AED 55,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 9,900 a year.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical one-bed in Rawda Apartments 2
700K750K2018201920202021Typical sale price by year: 2018 AED 727,888; 2019 AED 680,888; 2020 AED 765,888Sold by developer, May 2019: AED 680,888 (AED 1,116 per sqft)

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

Rents
Unit 318, each contractTypical one-bed in Rawda Apartments 2
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 50,400; 2025 AED 60,000; 2026 AED 63,000New contract, September 2020: AED 36,000 a yearNew contract, October 2021: AED 36,000 a yearRenewal, October 2022: AED 39,000 a yearRenewal, October 2023: AED 40,500 a yearRenewal, October 2024: AED 44,000 a yearRenewal, October 2025: AED 48,000 a yearNew contract, August 2026: AED 55,000 a year

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 318 sits

All 24 1-beds →

318 last sold in May 2019 at AED 1,116 per sqft, 11% above what one-beds in Rawda Apartments 2 were fetching at the time (AED 1,008). 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. 318's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 2026900,000
27 Feb 2026900,000
15 Apr 2025750,000
24 Mar 2025900,000
2 1-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

318, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 19 May 2019 for AED 680,888, or AED 1,116 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 36,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 9,900 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 5 August 2026.

Questions about 318, Rawda Apartments 2

What did unit 318 last sell for?

AED 680,888 on 19 May 2019, sold by the developer: AED 1,116 per sqft for 610 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 55,000 a year on the contract signed on 5 August 2026. The previous contract, from October 2025, was AED 48,000; the unit has been rented since September 2020.

How big is unit 318?

610 sqft (56.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2020.

What is unit 318 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 318, Rawda Apartments 2

Starts from the last sale price (AED 681K, 19 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 680,888
Deposit, UAE resident (20%)
AED 136,178
Deposit, non-resident (40%)
AED 272,355
Monthly over 25 years at 3.7%
AED 2,786

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