408, Rawda Apartments 2
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Rawda Apartments 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 6 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 908 sqft
- Floor
- 4th of 8
- Parking
- B-267
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 14,800 /yr
- Last sold
- AED 975K · June 2024
- Building
- Rawda Apartments 2
About 408, Rawda Apartments 2
408 is a two-bedroom apartment of 908 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 6 June 2024 for AED 975,000, or AED 1,073 per sqft, 11% above the AED 968 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 3 March 2024, is AED 126,000 a year: a gross yield of 12.9% on the 2024 price, before the service charge of about AED 14,800 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 104 2-beds →408 last sold in June 2024 at AED 1,073 per sqft, 11% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 968). 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. 408's AED 126,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,018 sqft | 1,200,000 | 1,178 | ||
| 7 Oct 20267 October 2026 | 1,043 sqft | 1,325,000 | 1,270 | ||
| 25 Sep 202625 September 2026 | 934 sqft | 1,090,000 | 1,166 | ||
| 4 Aug 20264 August 2026 | 1,611 sqft | 1,420,000 | 881 |
Rawda Apartments 2
Building144 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%
Other units on the 4th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 982 sqft | AED 967KAED 966,888 · Oct 2019October 2019 | 80,000 /yr | |
| 402 | 2-bed | 990 sqft | AED 1.04MAED 1,040,000 · Oct 2025October 2025 | 95,000 /yr | |
| 403 | 2-bed | 935 sqft | AED 933KAED 932,888 · Jan 2020January 2020 | 78,000 /yr | |
| 404 | 2-bed | 1,003 sqft | AED 972KAED 971,888 · Dec 2019December 2019 | 80,000 /yr | |
| 405 | 2-bed | 912 sqft | AED 954KAED 953,888 · Feb 2020February 2020 | 80,001 /yr | |
| 406 | 2-bed | 923 sqft | AED 956KAED 955,888 · Feb 2020February 2020 | 67,200 /yr | |
| 407 | 2-bed | 1,014 sqft | AED 1.3MAED 1,300,000 · Aug 2025August 2025 | 73,000 /yr | |
| 409 | 1-bed | 701 sqft | AED 655KAED 655,000 · Apr 2024April 2024 | 44,230 /yr | |
| 410 | 2-bed | 1,043 sqft | AED 1MAED 1,004,888 · Nov 2019November 2019 | ||
| 411 | 2-bed | 945 sqft | AED 988KAED 987,888 · Feb 2020February 2020 | ||
| 412 | 1-bed | 808 sqft | AED 900KAED 900,000 · Mar 2025March 2025 | 34,974 /yr | |
| 413 | 2-bed | 921 sqft | AED 981KAED 980,888 · Dec 2019December 2019 | 58,564 /yr | |
| 414 | 2-bed | 959 sqft | AED 1.27MAED 1,265,000 · Dec 2025December 2025 | 85,000 /yr | |
| 415 | 3-bed | 1,545 sqft | AED 1.49MAED 1,488,888 · Mar 2021March 2021 | ||
| 416 | 3-bed | 1,554 sqft | AED 1.5MAED 1,499,888 · Apr 2021April 2021 | 120,000 /yr | |
| 417 | 2-bed | 948 sqft | AED 1.28MAED 1,280,000 · Dec 2025December 2025 | 100,000 /yr | |
| 418 | 1-bed | 610 sqft | AED 721KAED 720,888 · Feb 2020February 2020 | 85,000 /yr |
408, Rawda Apartments 2 in numbers
- Sold twice: first on 19 January 2020 for AED 948,888, last on 6 June 2024 for AED 975,000 (AED 1,073 per sqft).
- Rented since February 2021 on 4 Ejari contracts, from AED 43,000 to AED 126,000 a year.
- At AED 126,000 a year the gross yield on the 2024 price is 12.9%, before a service charge of about AED 14,800 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 6 June 2024.
Questions about 408, Rawda Apartments 2
What did unit 408 last sell for?
AED 975,000 on 6 June 2024: AED 1,073 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 948,888 in January 2020.
What is the rent for unit 408?
AED 126,000 a year on the contract signed on 3 March 2024. The previous contract, from March 2024, was AED 126,000; the unit has been rented since February 2021.
How big is unit 408?
908 sqft (84.4 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.
What is unit 408 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 408, Rawda Apartments 2
Starts from the last sale price (AED 975K, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 975,000
- Deposit, UAE resident (20%)
- AED 195,000
- Deposit, non-resident (40%)
- AED 390,000
- Monthly over 25 years at 3.7%
- AED 3,989
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →