2-bed · 935 sqftRawda Apartments 2, Town Square · 6th floor · completed 2020

603, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 873K15 January 2019
Current rentAED 75K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Rawda Apartments 2

What is 603 worth today?

Last sold for AED 872,888 in 2019

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15 Mar 2025RentedRenewal
AED 75,000/yr6 months · AED 80 per sqft
15 Sep 2024RentedRenewal
AED 75,000/yr6 months · AED 80 per sqft
15 Sep 2023RentedRenewal
AED 54,450/yr12 months · AED 58 per sqft
15 Sep 2022RentedRenewal
AED 49,500/yr12 months · AED 53 per sqft
15 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
15 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
15 Jan 2019Sold by developerOff-plan
AED 872,888AED 933 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
6th of 8
Parking
B-193
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 873K · January 2019

About 603, Rawda Apartments 2

603 is a two-bedroom apartment of 935 sqft on the 6th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 15 January 2019 for AED 872,888, or AED 933 per sqft, in line with the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 75,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 15,200 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, January 2019: AED 872,888 (AED 933 per sqft)

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

Rents
Unit 603, 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, September 2020: AED 45,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 49,500 a yearRenewal, September 2023: AED 54,450 a yearRenewal, September 2024: AED 75,000 a yearRenewal, March 2025: AED 75,000 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 603 sits

All 104 2-beds →

603 last sold in January 2019 at AED 933 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 934). 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. 603's AED 75,000 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 6th floor

All 144 units in Rawda Apartments 2
Value
6012-bedAED 956K · May 2018
6022-bedAED 950K · Sep 2024
6042-bedAED 1.27M · Apr 2025
6052-bedAED 1.18M · Nov 2025
6062-bedAED 860K · Jan 2019
6072-bedAED 978K · Nov 2019
6082-bedAED 951K · Dec 2019
1–7 of 17

603, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 15 January 2019 for AED 872,888, or AED 933 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 15,200 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 15 March 2025.

Questions about 603, Rawda Apartments 2

What did unit 603 last sell for?

AED 872,888 on 15 January 2019, sold by the developer: AED 933 per sqft for 935 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 75,000 a year on the contract renewed on 15 March 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since September 2020.

How big is unit 603?

935 sqft (86.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.

What is unit 603 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 603, Rawda Apartments 2

Starts from the last sale price (AED 873K, 15 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 872,888
Deposit, UAE resident (20%)
AED 174,578
Deposit, non-resident (40%)
AED 349,155
Monthly over 25 years at 3.7%
AED 3,571

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