2-bed · 990 sqftRawda Apartments 2, Town Square · 5th floor · completed 2020

502, Rawda Apartments 2

Sold prices and rental history: sold twice, last in June 2025, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 9 June 2025
Last soldAED 1.28M9 June 2025
Current rentAED 90K /yr30 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Rawda Apartments 2

What is 502 worth today?

Last sold for AED 1,275,000 in 2025

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9 Jun 2025SoldReady
AED 1,275,000AED 1,288 per sqft
30 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
26 Aug 2021Sold by developerReady
AED 946,888AED 956 per sqft

Source: Dubai Land Department. Updated 9 June 2025.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
5th of 8
Parking
B-189
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 1.28M · June 2025

About 502, Rawda Apartments 2

502 is a two-bedroom apartment of 990 sqft on the 5th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 9 June 2025 for AED 1,275,000, or AED 1,288 per sqft, 18% above the AED 1,092 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 December 2024. The current contract, signed on 30 December 2024, is AED 90,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 16,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, August 2021: AED 946,888 (AED 956 per sqft)Sold, June 2025: AED 1,275,000 (AED 1,288 per sqft)

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

Rents
Unit 502, 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, December 2024: AED 90,000 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 502 sits

All 104 2-beds →

502 last sold in June 2025 at AED 1,288 per sqft, 18% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 1,092). 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. 502's AED 90,000 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 5th floor

All 144 units in Rawda Apartments 2
Value
5012-bedAED 941K · Jan 2021
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

502, Rawda Apartments 2 in numbers

  • Sold twice: first on 26 August 2021 for AED 946,888, last on 9 June 2025 for AED 1,275,000 (AED 1,288 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 16,100 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 9 June 2025.

Questions about 502, Rawda Apartments 2

What did unit 502 last sell for?

AED 1,275,000 on 9 June 2025: AED 1,288 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 946,888 in August 2021.

What is the rent for unit 502?

AED 90,000 a year on the contract signed on 30 December 2024.

How big is unit 502?

990 sqft (92.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 502 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 502, Rawda Apartments 2

Starts from the last sale price (AED 1.28M, 9 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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