2-bed · 1,014 sqftRawda Apartments 2, Town Square · 4th floor · completed 2020

407, Rawda Apartments 2

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.3M11 August 2025
Current rentAED 73K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Rawda Apartments 2

What is 407 worth today?

Last sold for AED 1,300,000 in 2025

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20 Oct 2026RentedNew contract
AED 73,000/yr12 months · AED 72 per sqft
20 Oct 2025RentedNew contract
AED 73,000/yr12 months · AED 72 per sqft
11 Aug 2025SoldReady
AED 1,300,000AED 1,282 per sqft
20 Oct 2024RentedNew contract
AED 73,000/yr12 months · AED 72 per sqft
10 Oct 2023RentedNew contract
AED 73,000/yr12 months · AED 72 per sqft
27 Nov 2019Sold by developerOff-plan
AED 971,888AED 958 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
2-bed apartment
Size
1,014 sqft
Floor
4th of 8
Parking
B-268
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,500 /yr
Last sold
AED 1.3M · August 2025

About 407, Rawda Apartments 2

407 is a two-bedroom apartment of 1,014 sqft on the 4th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 11 August 2025 for AED 1,300,000, or AED 1,282 per sqft, 5% above the AED 1,223 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 20 October 2026, is AED 73,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 16,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, November 2019: AED 971,888 (AED 958 per sqft)Sold, August 2025: AED 1,300,000 (AED 1,282 per sqft)

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

Rents
Unit 407, 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, October 2023: AED 73,000 a yearNew contract, October 2024: AED 73,000 a yearNew contract, October 2025: AED 73,000 a yearNew contract, October 2026: AED 73,000 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 407 sits

All 104 2-beds →

407 last sold in August 2025 at AED 1,282 per sqft, 5% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 1,223). 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. 407's AED 73,000 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
4062-bedAED 956K · Feb 2020
4082-bedAED 975K · Jun 2024
1–7 of 17

407, Rawda Apartments 2 in numbers

  • Sold twice: first on 27 November 2019 for AED 971,888, last on 11 August 2025 for AED 1,300,000 (AED 1,282 per sqft).
  • Rented since October 2023 on 4 Ejari contracts, at AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 16,500 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 20 October 2026.

Questions about 407, Rawda Apartments 2

What did unit 407 last sell for?

AED 1,300,000 on 11 August 2025: AED 1,282 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 971,888 in November 2019.

What is the rent for unit 407?

AED 73,000 a year on the contract signed on 20 October 2026. The previous contract, from October 2025, was AED 73,000; the unit has been rented since October 2023.

How big is unit 407?

1,014 sqft (94.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 407 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 407, Rawda Apartments 2

Starts from the last sale price (AED 1.3M, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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