2-bed · 945 sqftRawda Apartments 2, Town Square · 5th floor · completed 2020

511, Rawda Apartments 2

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

Unit 511 · DLD and Ejari recordsUpdated 30 August 2026
Last soldAED 925K31 July 2019
Current rentAED 80K /yr30 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Rawda Apartments 2

What is 511 worth today?

Last sold for AED 924,888 in 2019

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30 Aug 2026RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
30 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
14 Jan 2024RentedRenewal
AED 56,000/yr12 months · AED 60 per sqft
14 Jan 2023RentedRenewal
AED 53,240/yr12 months · AED 56 per sqft
14 Jan 2022RentedRenewal
AED 48,400/yr12 months · AED 51 per sqft
14 Jan 2021RentedNew contract
AED 44,000/yr12 months · AED 46 per sqft
31 Jul 2019Sold by developerOff-plan
AED 924,888AED 978 per sqft

Source: Dubai Land Department. Updated 30 August 2026.

Key facts

Type
2-bed apartment
Size
945 sqft
Floor
5th of 8
Parking
B-180
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,400 /yr
Last sold
AED 925K · July 2019

About 511, Rawda Apartments 2

511 is a two-bedroom apartment of 945 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 31 July 2019 for AED 924,888, or AED 978 per sqft, 4% above the AED 939 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 30 August 2026, is AED 80,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 15,400 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, July 2019: AED 924,888 (AED 978 per sqft)

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

Rents
Unit 511, 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, January 2021: AED 44,000 a yearRenewal, January 2022: AED 48,400 a yearRenewal, January 2023: AED 53,240 a yearRenewal, January 2024: AED 56,000 a yearNew contract, August 2025: AED 80,000 a yearRenewal, August 2026: AED 80,000 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 511 sits

All 104 2-beds →

511 last sold in July 2019 at AED 978 per sqft, 4% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 939). 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. 511's AED 80,000 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
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
1–7 of 17

511, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 31 July 2019 for AED 924,888, or AED 978 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 44,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 15,400 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 30 August 2026.

Questions about 511, Rawda Apartments 2

What did unit 511 last sell for?

AED 924,888 on 31 July 2019, sold by the developer: AED 978 per sqft for 945 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 80,000 a year on the contract renewed on 30 August 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since January 2021.

How big is unit 511?

945 sqft (87.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.

What is unit 511 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 511, Rawda Apartments 2

Starts from the last sale price (AED 925K, 31 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 924,888
Deposit, UAE resident (20%)
AED 184,978
Deposit, non-resident (40%)
AED 369,955
Monthly over 25 years at 3.7%
AED 3,784

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