505, Rawda Apartments 2
Sold prices and rental history: sold twice, last in November 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 505, Rawda Apartments 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 912 sqft
- Floor
- 5th of 8
- Parking
- B-3
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 14,800 /yr
- Last sold
- AED 950K · November 2024
- Building
- Rawda Apartments 2
About 505, Rawda Apartments 2
505 is a two-bedroom apartment of 912 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 22 November 2024 for AED 950,000, or AED 1,041 per sqft, in line with the AED 1,029 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 87,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 14,800 a year.
Sales and rents for 505 over time
505 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 505 sits
All 104 2-beds →505 last sold in November 2024 at AED 1,041 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 1,029). 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. 505's AED 87,000 is in the lower half 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 5th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 982 sqft | AED 941KAED 940,888 · Jan 2021January 2021 | ||
| 502 | 2-bed | 990 sqft | AED 1.28MAED 1,275,000 · Jun 2025June 2025 | 90,000 /yr | |
| 503 | 2-bed | 935 sqft | AED 870KAED 869,888 · Feb 2019February 2019 | 80,000 /yr | |
| 504 | 2-bed | 1,003 sqft | AED 975KAED 974,888 · Feb 2020February 2020 | 64,288 /yr | |
| 506 | 2-bed | 923 sqft | AED 858KAED 857,888 · Dec 2018December 2018 | 95,000 /yr | |
| 507 | 2-bed | 1,014 sqft | AED 1.17MAED 1,170,000 · Oct 2025October 2025 | 92,000 /yr | |
| 508 | 2-bed | 908 sqft | AED 861KAED 860,888 · Jan 2019January 2019 | 67,914 /yr | |
| 509 | 1-bed | 698 sqft | AED 688KAED 687,888 · Dec 2018December 2018 | 48,914 /yr | |
| 510 | 2-bed | 1,043 sqft | AED 1.01MAED 1,007,888 · Sep 2019September 2019 | ||
| 511 | 2-bed | 945 sqft | AED 925KAED 924,888 · Jul 2019July 2019 | 80,000 /yr | |
| 512 | 1-bed | 808 sqft | AED 773KAED 772,888 · Aug 2020August 2020 | 29,000 /yr | |
| 513 | 2-bed | 921 sqft | AED 920KAED 920,000 · May 2024May 2024 | 95,000 /yr | |
| 514 | 2-bed | 959 sqft | AED 883KAED 882,888 · Dec 2018December 2018 | 90,000 /yr | |
| 515 | 3-bed | 1,545 sqft | AED 1.37MAED 1,372,888 · May 2019May 2019 | ||
| 516 | 3-bed | 1,554 sqft | AED 1.47MAED 1,470,888 · May 2021May 2021 | ||
| 517 | 2-bed | 948 sqft | AED 883KAED 882,888 · Dec 2018December 2018 | 68,250 /yr | |
| 518 | 1-bed | 610 sqft | AED 900KAED 900,000 · Feb 2026February 2026 | 78,000 /yr |
505, Rawda Apartments 2 in numbers
- Sold twice: first on 27 November 2019 for AED 884,888, last on 22 November 2024 for AED 950,000 (AED 1,041 per sqft).
- Rented since January 2021 on 7 Ejari contracts, from AED 40,000 to AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2024 price is 9.2%, 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 1 August 2026.
Questions about 505, Rawda Apartments 2
What did unit 505 last sell for?
AED 950,000 on 22 November 2024: AED 1,041 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 884,888 in November 2019.
What is the rent for unit 505?
AED 87,000 a year on the contract signed on 1 August 2026. The previous contract, from August 2025, was AED 87,000; the unit has been rented since January 2021.
How big is unit 505?
912 sqft (84.7 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.
What is unit 505 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 505, Rawda Apartments 2
Starts from the last sale price (AED 950K, 22 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →