2-bed · 923 sqftRawda Apartments 2, Town Square · 4th floor · completed 2020

406, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 956K10 February 2020
Current rentAED 67K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Rawda Apartments 2

What is 406 worth today?

Last sold for AED 955,888 in 2020

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5 Feb 2026RentedRenewal
AED 67,200/yr12 months · AED 73 per sqft
5 Feb 2025RentedRenewal
AED 64,000/yr12 months · AED 69 per sqft
5 Feb 2025RentedRenewal
AED 64,000/yr12 months · AED 69 per sqft
5 Feb 2024RentedRenewal
AED 58,433/yr12 months · AED 63 per sqft
5 Feb 2023RentedRenewal
AED 55,650/yr12 months · AED 60 per sqft
5 Feb 2022RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft
31 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
10 Feb 2020Sold by developerOff-plan
AED 955,888AED 1,035 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
4th of 8
Parking
B-269
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 956K · February 2020

About 406, Rawda Apartments 2

406 is a two-bedroom apartment of 923 sqft on the 4th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 10 February 2020 for AED 955,888, or AED 1,035 per sqft, 7% above the AED 966 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 5 February 2026, is AED 67,200 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 15,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Rawda Apartments 2
1M1.25M2018202120242027Typical sale price by year: 2018 AED 971,888; 2019 AED 911,388; 2020 AED 973,888; 2021 AED 951,888; 2023 AED 850,000; 2024 AED 987,500; 2025 AED 1,240,000; 2026 AED 1,300,000Sold by developer, February 2020: AED 955,888 (AED 1,035 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Rawda Apartments 2
50K75K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 46,000; 2022 AED 52,000; 2023 AED 59,400; 2024 AED 75,000; 2025 AED 80,607; 2026 AED 90,000New contract, January 2021: AED 45,000 a yearNew contract, February 2022: AED 53,000 a yearRenewal, February 2023: AED 55,650 a yearRenewal, February 2024: AED 58,433 a yearRenewal, February 2025: AED 64,000 a yearRenewal, February 2025: AED 64,000 a yearRenewal, February 2026: AED 67,200 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Rawda Apartments 2, and where 406 sits

All 104 2-beds →

406 last sold in February 2020 at AED 1,035 per sqft, 7% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 966). Over the last 12 months two-beds sold for AED 904,700 to 1,600,000, around AED 1,318 per sqft, and rent for AED 60,900 to 123,000 a year. 406's AED 67,200 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,200,000
7 Oct 20261,325,000
25 Sep 20261,090,000
4 Aug 20261,420,000
15 2-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 4th floor

All 144 units in Rawda Apartments 2
Value
4012-bedAED 967K · Oct 2019
4022-bedAED 1.04M · Oct 2025
4032-bedAED 933K · Jan 2020
4042-bedAED 972K · Dec 2019
4052-bedAED 954K · Feb 2020
4072-bedAED 1.3M · Aug 2025
4082-bedAED 975K · Jun 2024
1–7 of 17

406, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 10 February 2020 for AED 955,888, or AED 1,035 per sqft.
  • Rented since January 2021 on 7 Ejari contracts, from AED 45,000 to AED 67,200 a year.
  • At AED 67,200 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 15,000 a year (AED 16.27 per sqft).
  • Two-beds in Rawda Apartments 2 sold for AED 904,700–1,600,000 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 February 2026.

Questions about 406, Rawda Apartments 2

What did unit 406 last sell for?

AED 955,888 on 10 February 2020, sold by the developer: AED 1,035 per sqft for 923 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 67,200 a year on the contract renewed on 5 February 2026. The previous contract, from February 2025, was AED 64,000; the unit has been rented since January 2021.

How big is unit 406?

923 sqft (85.7 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rawda Apartments 2 sold for AED 904,700 to 1,600,000 in the last 12 months, around AED 1,318 per sqft.

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Mortgage on 406, Rawda Apartments 2

Starts from the last sale price (AED 956K, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 955,888
Deposit, UAE resident (20%)
AED 191,178
Deposit, non-resident (40%)
AED 382,355
Monthly over 25 years at 3.7%
AED 3,911

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