1-bed · 701 sqftRawda Apartments 2, Town Square · 4th floor · completed 2020

409, Rawda Apartments 2

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 655K6 April 2024
Current rentAED 44K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Rawda Apartments 2

What is 409 worth today?

Last sold for AED 655,000 in 2024

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6 Apr 2024SoldReady
AED 655,000AED 934 per sqft
1 Oct 2023RentedNew contract
AED 44,230/yr5 months · AED 63 per sqft
1 Oct 2022RentedNew contract
AED 42,000/yr12 months · AED 60 per sqft
1 Oct 2021RentedRenewal
AED 36,000/yr12 months · AED 51 per sqft
1 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
13 Jan 2020Sold by developerOff-plan
AED 734,888AED 1,048 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
1-bed apartment
Size
701 sqft
Floor
4th of 8
Parking
P-8
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 655K · April 2024

About 409, Rawda Apartments 2

409 is a one-bedroom apartment of 701 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 April 2024 for AED 655,000, or AED 934 per sqft, 15% above the AED 812 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 October 2023, is AED 44,230 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Rawda Apartments 2
700K2018202020222024Typical sale price by year: 2018 AED 727,888; 2019 AED 680,888; 2020 AED 765,888Sold by developer, January 2020: AED 734,888 (AED 1,048 per sqft)Sold, April 2024: AED 655,000 (AED 934 per sqft)

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

Rents
Unit 409, 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, October 2020: AED 32,000 a yearRenewal, October 2021: AED 36,000 a yearNew contract, October 2022: AED 42,000 a yearNew contract, October 2023: AED 44,230 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 409 sits

All 24 1-beds →

409 last sold in April 2024 at AED 934 per sqft, 15% above what one-beds in Rawda Apartments 2 were fetching at the time (AED 812). 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. 409's AED 44,230 is at the bottom 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 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
4072-bedAED 1.3M · Aug 2025
1–7 of 17

409, Rawda Apartments 2 in numbers

  • Sold twice: first on 13 January 2020 for AED 734,888, last on 6 April 2024 for AED 655,000 (AED 934 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 32,000 to AED 44,230 a year.
  • At AED 44,230 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 11,400 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 6 April 2024.

Questions about 409, Rawda Apartments 2

What did unit 409 last sell for?

AED 655,000 on 6 April 2024: AED 934 per sqft for 701 sqft. The unit has 2 registered sales; the first was AED 734,888 in January 2020.

What is the rent for unit 409?

AED 44,230 a year on the contract signed on 1 October 2023. The previous contract, from October 2022, was AED 42,000; the unit has been rented since October 2020.

How big is unit 409?

701 sqft (65.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 409 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 409, Rawda Apartments 2

Starts from the last sale price (AED 655K, 6 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

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