602, Rawda Apartments 2
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Rawda Apartments 2
What is 602 worth today?
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Source: Dubai Land Department. Updated 19 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 990 sqft
- Floor
- 6th of 8
- Parking
- B-194
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 950K · September 2024
- Building
- Rawda Apartments 2
About 602, Rawda Apartments 2
602 is a two-bedroom apartment of 990 sqft on the 6th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 19 September 2024 for AED 950,000, or AED 960 per sqft, in line with the AED 964 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 30 November 2023, is AED 52,800 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 16,100 a year.
Sales and rents for 602 over time
602 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 602 sits
All 104 2-beds →602 last sold in September 2024 at AED 960 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 964). 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. 602's AED 52,800 is at the bottom 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 6th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 982 sqft | AED 956KAED 955,888 · May 2018May 2018 | 80,000 /yr | |
| 603 | 2-bed | 935 sqft | AED 873KAED 872,888 · Jan 2019January 2019 | 75,000 /yr | |
| 604 | 2-bed | 1,003 sqft | AED 1.27MAED 1,270,000 · Apr 2025April 2025 | 100,000 /yr | |
| 605 | 2-bed | 912 sqft | AED 1.18MAED 1,180,000 · Nov 2025November 2025 | 80,000 /yr | |
| 606 | 2-bed | 923 sqft | AED 860KAED 859,888 · Jan 2019January 2019 | ||
| 607 | 2-bed | 1,014 sqft | AED 978KAED 977,888 · Nov 2019November 2019 | 83,357 /yr | |
| 608 | 2-bed | 908 sqft | AED 951KAED 950,888 · Dec 2019December 2019 | 90,000 /yr | |
| 609 | 1-bed | 701 sqft | AED 750KAED 749,888 · Apr 2018April 2018 | 65,000 /yr | |
| 610 | 2-bed | 1,043 sqft | AED 1.01MAED 1,009,888 · Oct 2019October 2019 | 90,000 /yr | |
| 611 | 2-bed | 945 sqft | AED 994KAED 993,888 · Dec 2019December 2019 | 90,000 /yr | |
| 612 | 1-bed | 807 sqft | AED 814KAED 813,888 · Jun 2018June 2018 | 63,000 /yr | |
| 613 | 2-bed | 920 sqft | AED 988KAED 987,888 · May 2018May 2018 | 100,000 /yr | |
| 614 | 2-bed | 959 sqft | AED 730KAED 730,000 · Dec 2021December 2021 | 85,000 /yr | |
| 615 | 3-bed | 1,545 sqft | AED 1.26MAED 1,260,000 · Jan 2023January 2023 | 120,000 /yr | |
| 616 | 3-bed | 1,554 sqft | AED 1.38MAED 1,380,888 · Jun 2019June 2019 | ||
| 617 | 2-bed | 945 sqft | AED 885KAED 884,888 · Dec 2018December 2018 | 90,000 /yr | |
| 618 | 1-bed | 608 sqft | AED 691KAED 690,888 · Apr 2018April 2018 | 58,000 /yr |
602, Rawda Apartments 2 in numbers
- Sold twice: first on 27 November 2019 for AED 899,888, last on 19 September 2024 for AED 950,000 (AED 960 per sqft).
- Rented since November 2020 on 4 Ejari contracts, from AED 41,000 to AED 52,800 a year.
- At AED 52,800 a year the gross yield on the 2024 price is 5.6%, 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 19 September 2024.
Questions about 602, Rawda Apartments 2
What did unit 602 last sell for?
AED 950,000 on 19 September 2024: AED 960 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 899,888 in November 2019.
What is the rent for unit 602?
AED 52,800 a year on the contract renewed on 30 November 2023. The previous contract, from November 2022, was AED 48,000; the unit has been rented since November 2020.
How big is unit 602?
990 sqft (92.0 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.
What is unit 602 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 602, Rawda Apartments 2
Starts from the last sale price (AED 950K, 19 September 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 →