1-bed · 807 sqftRawda Apartments 2, Town Square · 7th floor · completed 2020

712, Rawda Apartments 2

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

Unit 712 · DLD and Ejari recordsUpdated 23 December 2023
Last soldAED 774K20 September 2021
Current rentAED 45K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Rawda Apartments 2

What is 712 worth today?

Last sold for AED 773,888 in 2021

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23 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
23 Dec 2022RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
23 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
20 Sep 2021Sold by developerReady
AED 773,888AED 959 per sqft
15 Dec 2020RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 23 December 2023.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
7th of 8
Parking
P-343
Developer
Nshama Properties
Completed
2020
Service charge
AED 13,100 /yr
Last sold
AED 774K · September 2021

About 712, Rawda Apartments 2

712 is a one-bedroom apartment of 807 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 20 September 2021 for AED 773,888, or AED 959 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 23 December 2023, is AED 45,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 13,100 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical one-bed in Rawda Apartments 2
700K750K201820202022Typical sale price by year: 2018 AED 727,888; 2019 AED 680,888; 2020 AED 765,888Sold by developer, September 2021: AED 773,888 (AED 959 per sqft)

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

Rents
Unit 712, each contractTypical one-bed in Rawda Apartments 2
40K60K2020202220242026Typical rent by year: 2020 AED 34,500; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 50,400; 2025 AED 60,000; 2026 AED 63,000New contract, December 2020: AED 36,000 a yearNew contract, December 2021: AED 40,000 a yearRenewal, December 2022: AED 42,000 a yearNew contract, December 2023: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Rawda Apartments 2, and where 712 sits

All 24 1-beds →

Over the last 12 months one-beds sold for AED 900,000, around AED 1,295 per sqft, and rent for AED 48,914 to 78,000 a year. 712's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 2026900,000
27 Feb 2026900,000
15 Apr 2025750,000
24 Mar 2025900,000
2 1-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
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
1–7 of 17

712, Rawda Apartments 2 in numbers

  • Sold once: by Nshama Properties on 20 September 2021 for AED 773,888, or AED 959 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 36,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 13,100 a year (AED 16.27 per sqft).
  • One-beds in Rawda Apartments 2 sold for AED 900,000–900,000 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 23 December 2023.

Questions about 712, Rawda Apartments 2

What did unit 712 last sell for?

AED 773,888 on 20 September 2021, sold by the developer: AED 959 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 45,000 a year on the contract signed on 23 December 2023. The previous contract, from December 2022, was AED 42,000; the unit has been rented since December 2020.

How big is unit 712?

807 sqft (75.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 2 sold for AED 900,000 to 900,000 in the last 12 months, around AED 1,295 per sqft.

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Mortgage on 712, Rawda Apartments 2

Starts from the last sale price (AED 774K, 20 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 773,888
Deposit, UAE resident (20%)
AED 154,778
Deposit, non-resident (40%)
AED 309,555
Monthly over 25 years at 3.7%
AED 3,166

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