2-bed · 959 sqftRawda Apartments 2, Town Square · 6th floor · completed 2020

614, Rawda Apartments 2

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 730K13 December 2021
Current rentAED 85K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Rawda Apartments 2

What is 614 worth today?

Last sold for AED 730,000 in 2021

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10 Jan 2025RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
10 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
25 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
13 Dec 2021SoldReady
AED 730,000AED 760 per sqft
1 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 42 per sqft
23 Oct 2018Sold by developerOff-plan
AED 999,888AED 1,042 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
2-bed apartment
Size
959 sqft
Floor
6th of 8
Parking
B-4
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,600 /yr
Last sold
AED 730K · December 2021

About 614, Rawda Apartments 2

614 is a two-bedroom apartment of 959 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 13 December 2021 for AED 730,000, or AED 760 per sqft, 23% below the AED 990 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 January 2025, is AED 85,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 15,600 a year.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical two-bed in Rawda Apartments 2
1M2018202120242027Typical 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, October 2018: AED 999,888 (AED 1,042 per sqft)Sold, December 2021: AED 730,000 (AED 760 per sqft)

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

Rents
Unit 614, 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, February 2021: AED 40,000 a yearNew contract, January 2023: AED 75,000 a yearNew contract, January 2024: AED 85,000 a yearRenewal, January 2025: AED 85,000 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 614 sits

All 104 2-beds →

614 last sold in December 2021 at AED 760 per sqft, 23% below what two-beds in Rawda Apartments 2 were fetching at the time (AED 990). 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. 614's AED 85,000 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
6032-bedAED 873K · Jan 2019
6042-bedAED 1.27M · Apr 2025
6052-bedAED 1.18M · Nov 2025
6062-bedAED 860K · Jan 2019
6072-bedAED 978K · Nov 2019
1–7 of 17

614, Rawda Apartments 2 in numbers

  • Sold twice: first on 23 October 2018 for AED 999,888, last on 13 December 2021 for AED 730,000 (AED 760 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 40,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 11.6%, before a service charge of about AED 15,600 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 10 January 2025.

Questions about 614, Rawda Apartments 2

What did unit 614 last sell for?

AED 730,000 on 13 December 2021: AED 760 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 999,888 in October 2018.

What is the rent for unit 614?

AED 85,000 a year on the contract renewed on 10 January 2025. The previous contract, from January 2024, was AED 85,000; the unit has been rented since February 2021.

How big is unit 614?

959 sqft (89.1 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2020.

What is unit 614 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 614, Rawda Apartments 2

Starts from the last sale price (AED 730K, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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