716, Rawda Apartments 2
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Rawda Apartments 2
What is 716 worth today?
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Source: Dubai Land Department. Updated 20 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,512 sqft
- Floor
- 7th of 8
- Parking
- P-351
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 24,600 /yr
- Last sold
- AED 1.35M · February 2022
- Building
- Rawda Apartments 2
About 716, Rawda Apartments 2
716 is a three-bedroom apartment of 1,512 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 14 February 2022 for AED 1,350,000, or AED 892 per sqft, 6% below the AED 949 three-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 20 January 2025, is AED 110,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 24,600 a year.
Sales and rents for 716 over time
716 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Rawda Apartments 2, and where 716 sits
All 16 3-beds →716 last sold in February 2022 at AED 892 per sqft, 6% below what three-beds in Rawda Apartments 2 were fetching at the time (AED 949). 716's AED 110,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jun 202512 June 2025 | 1,503 sqft | 1,870,000 | 1,244 | ||
| 21 Oct 202421 October 2024 | 1,461 sqft | 1,490,000 | 1,019 | ||
| 27 May 202427 May 2024 | 1,550 sqft | 1,420,000 | 915 | ||
| 15 Apr 202415 April 2024 | 2,261 sqft | 1,650,000 | 729 |
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 | |
| 704 | 2-bed | 1,007 sqft | AED 1.1MAED 1,100,000 · Jul 2024July 2024 | 65,000 /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 | |
| 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 |
716, Rawda Apartments 2 in numbers
- Sold twice: first on 9 August 2020 for AED 1,595,888, last on 14 February 2022 for AED 1,350,000 (AED 892 per sqft).
- Rented since January 2023 on 4 Ejari contracts, from AED 106,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 24,600 a year (AED 16.27 per sqft).
Source: Dubai Land Department. Updated 20 January 2025.
Questions about 716, Rawda Apartments 2
What did unit 716 last sell for?
AED 1,350,000 on 14 February 2022: AED 892 per sqft for 1,512 sqft. The unit has 2 registered sales; the first was AED 1,595,888 in August 2020.
What is the rent for unit 716?
AED 110,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2025, was AED 110,000; the unit has been rented since January 2023.
How big is unit 716?
1,512 sqft (140.5 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.
What is unit 716 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 716, Rawda Apartments 2
Starts from the last sale price (AED 1.35M, 14 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →