2-bed · 937 sqftRawda Apartments 2, Town Square · 7th floor · completed 2020

703, Rawda Apartments 2

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 938K3 February 2020
Current rentAED 84K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Rawda Apartments 2

What is 703 worth today?

Last sold for AED 937,888 in 2020

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20 Jun 2026RentedRenewal
AED 84,000/yr12 months · AED 90 per sqft
20 Jun 2026RentedRenewal
AED 69,000/yr12 months · AED 74 per sqft
20 Jun 2025RentedRenewal
AED 62,000/yr12 months · AED 66 per sqft
20 Jun 2025RentedRenewal
AED 62,000/yr12 months · AED 66 per sqft
20 Jun 2025RentedRenewal
AED 84,000/yr12 months · AED 90 per sqft
20 Jun 2025RentedRenewal
AED 84,000/yr12 months · AED 90 per sqft
20 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
22 Apr 2024RentedRenewal
AED 60,500/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 8
Parking
P-426
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 938K · February 2020

About 703, Rawda Apartments 2

703 is a two-bedroom apartment of 937 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 3 February 2020 for AED 937,888, or AED 1,000 per sqft, 4% above the AED 961 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 11 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 84,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 15,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 937,888 (AED 1,000 per sqft)

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

Rents
Unit 703, 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, March 2021: AED 40,000 a yearNew contract, April 2022: AED 55,000 a yearRenewal, April 2023: AED 55,000 a yearRenewal, April 2024: AED 60,500 a yearNew contract, June 2024: AED 80,000 a yearRenewal, June 2025: AED 62,000 a yearRenewal, June 2025: AED 62,000 a yearRenewal, June 2025: AED 84,000 a yearRenewal, June 2025: AED 84,000 a yearRenewal, June 2026: AED 84,000 a yearRenewal, June 2026: AED 69,000 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 703 sits

All 104 2-beds →

703 last sold in February 2020 at AED 1,000 per sqft, 4% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 961). 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. 703's AED 84,000 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
7022-bedAED 969K · 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

703, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 3 February 2020 for AED 937,888, or AED 1,000 per sqft.
  • Rented since March 2021 on 11 Ejari contracts, from AED 40,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2020 price is 9.0%, 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 20 June 2026.

Questions about 703, Rawda Apartments 2

What did unit 703 last sell for?

AED 937,888 on 3 February 2020, sold by the developer: AED 1,000 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 84,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2026, was AED 69,000; the unit has been rented since March 2021.

How big is unit 703?

937 sqft (87.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 703 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 703, Rawda Apartments 2

Starts from the last sale price (AED 938K, 3 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 937,888
Deposit, UAE resident (20%)
AED 187,578
Deposit, non-resident (40%)
AED 375,155
Monthly over 25 years at 3.7%
AED 3,837

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