2-bed · 982 sqftRawda Apartments 2, Town Square · 5th floor · completed 2020

501, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 941K25 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Rawda Apartments 2

What is 501 worth today?

Last sold for AED 940,888 in 2021

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25 Jan 2021Sold by developerReady
AED 940,888AED 957 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
5th of 8
Parking
B-190 , B-170
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,000 /yr
Last sold
AED 941K · January 2021

About 501, Rawda Apartments 2

501 is a two-bedroom apartment of 982 sqft on the 5th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 25 January 2021 for AED 940,888, or AED 957 per sqft, 4% below the AED 997 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, January 2021: AED 940,888 (AED 957 per sqft)

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

Rents
Unit 501, 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 90,000

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 501 sits

All 104 2-beds →

501 last sold in January 2021 at AED 957 per sqft, 4% below what two-beds in Rawda Apartments 2 were fetching at the time (AED 997). 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.

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 5th floor

All 144 units in Rawda Apartments 2
Value
5022-bedAED 1.28M · Jun 2025
5032-bedAED 870K · Feb 2019
5042-bedAED 975K · Feb 2020
5052-bedAED 950K · Nov 2024
5062-bedAED 858K · Dec 2018
5072-bedAED 1.17M · Oct 2025
5082-bedAED 861K · Jan 2019
1–7 of 17

501, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 25 January 2021 for AED 940,888, or AED 957 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 25 January 2021.

Questions about 501, Rawda Apartments 2

What did unit 501 last sell for?

AED 940,888 on 25 January 2021, sold by the developer: AED 957 per sqft for 982 sqft. It is the only registered sale of the unit.

How big is unit 501?

982 sqft (91.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 501 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 501, Rawda Apartments 2

Starts from the last sale price (AED 941K, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 940,888
Deposit, UAE resident (20%)
AED 188,178
Deposit, non-resident (40%)
AED 376,355
Monthly over 25 years at 3.7%
AED 3,849

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