2-bed · 991 sqftRawda Apartments 2, Town Square · 7th floor · completed 2020

702, Rawda Apartments 2

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

Unit 702 · DLD and Ejari recordsUpdated 4 August 2026
Last soldAED 969K12 February 2020
Current rentAED 80K /yr4 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Rawda Apartments 2

What is 702 worth today?

Last sold for AED 968,888 in 2020

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4 Aug 2026RentedRenewal
AED 80,000/yr12 months · AED 81 per sqft
4 Aug 2025RentedRenewal
AED 80,000/yr12 months · AED 81 per sqft
4 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 81 per sqft
4 Aug 2023RentedNew contract
AED 72,000/yr12 months · AED 73 per sqft
25 May 2022RentedNew contract
AED 58,000/yr12 months · AED 59 per sqft
1 Oct 2021RentedRenewal
AED 43,000/yr12 months · AED 43 per sqft
1 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
12 Feb 2020Sold by developerOff-plan
AED 968,888AED 977 per sqft

Source: Dubai Land Department. Updated 4 August 2026.

Key facts

Type
2-bed apartment
Size
991 sqft
Floor
7th of 8
Parking
P-425
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 969K · February 2020

About 702, Rawda Apartments 2

702 is a two-bedroom apartment of 991 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 12 February 2020 for AED 968,888, or AED 977 per sqft, in line with the AED 968 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 4 August 2026, is AED 80,000 a year: a gross yield of 8.3% on the 2020 price, before the service charge of about AED 16,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, February 2020: AED 968,888 (AED 977 per sqft)

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

Rents
Unit 702, 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, October 2020: AED 42,000 a yearRenewal, October 2021: AED 43,000 a yearNew contract, May 2022: AED 58,000 a yearNew contract, August 2023: AED 72,000 a yearRenewal, August 2024: AED 80,000 a yearRenewal, August 2025: AED 80,000 a yearRenewal, August 2026: AED 80,000 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 702 sits

All 104 2-beds →

702 last sold in February 2020 at AED 977 per sqft, in line with what two-beds in Rawda Apartments 2 were fetching at the time (AED 968). 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. 702's AED 80,000 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
7012-bedAED 963K · Jan 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

702, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 12 February 2020 for AED 968,888, or AED 977 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 42,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 8.3%, 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 4 August 2026.

Questions about 702, Rawda Apartments 2

What did unit 702 last sell for?

AED 968,888 on 12 February 2020, sold by the developer: AED 977 per sqft for 991 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 80,000 a year on the contract renewed on 4 August 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since October 2020.

How big is unit 702?

991 sqft (92.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 702 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 702, Rawda Apartments 2

Starts from the last sale price (AED 969K, 12 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 968,888
Deposit, UAE resident (20%)
AED 193,778
Deposit, non-resident (40%)
AED 387,555
Monthly over 25 years at 3.7%
AED 3,964

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