704, Rawda Apartments 2
Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Rawda Apartments 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 29 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,007 sqft
- Floor
- 7th of 8
- Parking
- P-427
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,400 /yr
- Last sold
- AED 1.1M · July 2024
- Building
- Rawda Apartments 2
About 704, Rawda Apartments 2
704 is a two-bedroom apartment of 1,007 sqft on the 7th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 29 July 2024 for AED 1,100,000, or AED 1,092 per sqft, 11% above the AED 983 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 65,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 16,400 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 104 2-beds →704 last sold in July 2024 at AED 1,092 per sqft, 11% above what two-beds in Rawda Apartments 2 were fetching at the time (AED 983). 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. 704's AED 65,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,018 sqft | 1,200,000 | 1,178 | ||
| 7 Oct 20267 October 2026 | 1,043 sqft | 1,325,000 | 1,270 | ||
| 25 Sep 202625 September 2026 | 934 sqft | 1,090,000 | 1,166 | ||
| 4 Aug 20264 August 2026 | 1,611 sqft | 1,420,000 | 881 |
Rawda Apartments 2
Building144 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%
Other units on the 7th floor
All 144 units in Rawda Apartments 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 983 sqft | AED 963KAED 962,888 · Jan 2020January 2020 | 90,000 /yr | |
| 702 | 2-bed | 991 sqft | AED 969KAED 968,888 · Feb 2020February 2020 | 80,000 /yr | |
| 703 | 2-bed | 937 sqft | AED 938KAED 937,888 · Feb 2020February 2020 | 69,000 /yr | |
| 705 | 2-bed | 924 sqft | AED 945KAED 944,888 · Feb 2020February 2020 | 90,000 /yr | |
| 706 | 2-bed | 977 sqft | AED 1.01MAED 1,005,888 · Jun 2021June 2021 | 95,000 /yr | |
| 707 | 2-bed | 1,018 sqft | AED 1.2MAED 1,200,000 · Oct 2026October 2026 | 95,000 /yr | |
| 708 | 2-bed | 909 sqft | AED 1.12MAED 1,123,888 · Oct 2024October 2024 | 120,000 /yr | |
| 709 | 1-bed | 702 sqft | AED 742KAED 741,888 · Feb 2020February 2020 | 65,000 /yr | |
| 710 | 2-bed | 1,043 sqft | AED 1.01MAED 1,012,888 · Feb 2020February 2020 | 61,123 /yr | |
| 711 | 2-bed | 947 sqft | AED 1.17MAED 1,174,888 · Sep 2024September 2024 | 90,000 /yr | |
| 712 | 1-bed | 807 sqft | AED 774KAED 773,888 · Sep 2021September 2021 | 45,000 /yr | |
| 713 | 2-bed | 1,446 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 105,000 /yr | |
| 714 | 2-bed | 979 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 85,000 /yr | |
| 715 | 3-bed | 1,503 sqft | AED 1.87MAED 1,870,000 · Jun 2025June 2025 | 93,000 /yr | |
| 716 | 3-bed | 1,512 sqft | AED 1.35MAED 1,350,000 · Feb 2022February 2022 | 110,000 /yr | |
| 717 | 2-bed | 986 sqft | AED 1.22MAED 1,220,000 · Feb 2025February 2025 | 59,400 /yr | |
| 718 | 1-bed | 609 sqft | AED 719KAED 718,888 · Feb 2020February 2020 | 65,000 /yr |
704, Rawda Apartments 2 in numbers
- Sold twice: first on 13 February 2020 for AED 978,888, last on 29 July 2024 for AED 1,100,000 (AED 1,092 per sqft).
- Rented since June 2021 on 3 Ejari contracts, from AED 45,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 16,400 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 29 July 2024.
Questions about 704, Rawda Apartments 2
What did unit 704 last sell for?
AED 1,100,000 on 29 July 2024: AED 1,092 per sqft for 1,007 sqft. The unit has 2 registered sales; the first was AED 978,888 in February 2020.
What is the rent for unit 704?
AED 65,000 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 65,000; the unit has been rented since June 2021.
How big is unit 704?
1,007 sqft (93.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.
What is unit 704 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 704, Rawda Apartments 2
Starts from the last sale price (AED 1.1M, 29 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →