516, Rawda Apartments 2
Sold prices and rental history: sold once, by the developer in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Rawda Apartments 2
What is 516 worth today?
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Source: Dubai Land Department. Updated 19 May 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 1,554 sqft
- Floor
- 5th of 8
- Parking
- P-347
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.47M · May 2021
- Building
- Rawda Apartments 2
About 516, Rawda Apartments 2
516 is a three-bedroom apartment of 1,554 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 19 May 2021 for AED 1,470,888, or AED 946 per sqft, in line with the AED 949 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rawda Apartments 2, and where 516 sits
All 16 3-beds →516 last sold in May 2021 at AED 946 per sqft, in line with what three-beds in Rawda Apartments 2 were fetching at the time (AED 949).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jun 202512 June 2025 | 1,503 sqft | 1,870,000 | 1,244 | ||
| 21 Oct 202421 October 2024 | 1,461 sqft | 1,490,000 | 1,019 | ||
| 27 May 202427 May 2024 | 1,550 sqft | 1,420,000 | 915 | ||
| 15 Apr 202415 April 2024 | 2,261 sqft | 1,650,000 | 729 |
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 | |
| 505 | 2-bed | 912 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 87,000 /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 | ||
| 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 |
516, Rawda Apartments 2 in numbers
- Sold once: by Nshama Properties on 19 May 2021 for AED 1,470,888, or AED 946 per sqft.
Source: Dubai Land Department. Updated 19 May 2021.
Questions about 516, Rawda Apartments 2
What did unit 516 last sell for?
AED 1,470,888 on 19 May 2021, sold by the developer: AED 946 per sqft for 1,554 sqft. It is the only registered sale of the unit.
How big is unit 516?
1,554 sqft (144.4 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2020.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 516, Rawda Apartments 2
Starts from the last sale price (AED 1.47M, 19 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,470,888
- Deposit, UAE resident (20%)
- AED 294,178
- Deposit, non-resident (40%)
- AED 588,355
- Monthly over 25 years at 3.7%
- AED 6,018
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →