2-bed · 983 sqftRawda Apartments 2, Town Square · 7th floor · completed 2020

701, Rawda Apartments 2

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

Unit 701 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 963K8 January 2020
Current rentAED 90K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Rawda Apartments 2

What is 701 worth today?

Last sold for AED 962,888 in 2020

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1 Jan 2026RentedRenewal
AED 90,000/yr12 months · AED 92 per sqft
1 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
1 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
13 Feb 2024RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
13 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
5 Nov 2020RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
8 Jan 2020Sold by developerOff-plan
AED 962,888AED 979 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
7th of 8
Parking
P-450
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,000 /yr
Last sold
AED 963K · January 2020

About 701, Rawda Apartments 2

701 is a two-bedroom apartment of 983 sqft on the 7th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 8 January 2020 for AED 962,888, or AED 979 per sqft, in line with the AED 960 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 1 January 2026, is AED 90,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 16,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 2020: AED 962,888 (AED 979 per sqft)

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

Rents
Unit 701, 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, November 2020: AED 42,000 a yearNew contract, February 2023: AED 65,000 a yearRenewal, February 2024: AED 66,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearRenewal, January 2026: AED 90,000 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 701 sits

All 104 2-beds →

701 last sold in January 2020 at AED 979 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 960). 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. 701's AED 90,000 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 7th floor

All 144 units in Rawda Apartments 2
Value
7022-bedAED 969K · Feb 2020
7032-bedAED 938K · Feb 2020
7042-bedAED 1.1M · Jul 2024
7052-bedAED 945K · Feb 2020
7062-bedAED 1.01M · Jun 2021
7072-bedAED 1.2M · Oct 2026
7082-bedAED 1.12M · Oct 2024
1–7 of 17

701, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 8 January 2020 for AED 962,888, or AED 979 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 42,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 16,000 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 1 January 2026.

Questions about 701, Rawda Apartments 2

What did unit 701 last sell for?

AED 962,888 on 8 January 2020, sold by the developer: AED 979 per sqft for 983 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 90,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 90,000; the unit has been rented since November 2020.

How big is unit 701?

983 sqft (91.3 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 701 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 701, Rawda Apartments 2

Starts from the last sale price (AED 963K, 8 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 962,888
Deposit, UAE resident (20%)
AED 192,578
Deposit, non-resident (40%)
AED 385,155
Monthly over 25 years at 3.7%
AED 3,939

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