2-bed · 921 sqftRawda Apartments 2, Town Square · 4th floor · completed 2020

413, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 981K12 December 2019
Current rentAED 59K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Rawda Apartments 2

What is 413 worth today?

Last sold for AED 980,888 in 2019

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1 Jun 2024RentedRenewal
AED 58,564/yr12 months · AED 63 per sqft
1 Jun 2023RentedRenewal
AED 53,240/yr12 months · AED 58 per sqft
1 Jun 2022RentedRenewal
AED 48,400/yr12 months · AED 52 per sqft
1 Jun 2021RentedNew contract
AED 44,000/yr12 months · AED 48 per sqft
12 Dec 2019Sold by developerOff-plan
AED 980,888AED 1,064 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
921 sqft
Floor
4th of 8
Parking
B-265
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 981K · December 2019

About 413, Rawda Apartments 2

413 is a two-bedroom apartment of 921 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 12 December 2019 for AED 980,888, or AED 1,064 per sqft, 12% above the AED 952 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 58,564 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 15,000 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, December 2019: AED 980,888 (AED 1,064 per sqft)

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

Rents
Unit 413, 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, June 2021: AED 44,000 a yearRenewal, June 2022: AED 48,400 a yearRenewal, June 2023: AED 53,240 a yearRenewal, June 2024: AED 58,564 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 413 sits

All 104 2-beds →

413 last sold in December 2019 at AED 1,064 per sqft, 12% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 952). 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. 413's AED 58,564 is at the bottom 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
4072-bedAED 1.3M · Aug 2025
1–7 of 17

413, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 12 December 2019 for AED 980,888, or AED 1,064 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 44,000 to AED 58,564 a year.
  • At AED 58,564 a year the gross yield on the 2019 price is 6.0%, 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 1 June 2024.

Questions about 413, Rawda Apartments 2

What did unit 413 last sell for?

AED 980,888 on 12 December 2019, sold by the developer: AED 1,064 per sqft for 921 sqft. It is the only registered sale of the unit.

What is the rent for unit 413?

AED 58,564 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 53,240; the unit has been rented since June 2021.

How big is unit 413?

921 sqft (85.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2020.

What is unit 413 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 413, Rawda Apartments 2

Starts from the last sale price (AED 981K, 12 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 980,888
Deposit, UAE resident (20%)
AED 196,178
Deposit, non-resident (40%)
AED 392,355
Monthly over 25 years at 3.7%
AED 4,013

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