3-bed · 1,461 sqftRawda Apartments 2, Town Square · 8th floor · completed 2020

816, Rawda Apartments 2

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.49M21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Rawda Apartments 2

What is 816 worth today?

Last sold for AED 1,490,000 in 2024

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21 Oct 2024SoldReady
AED 1,490,000AED 1,019 per sqft
27 Apr 2020Sold by developerReady
AED 1,451,888AED 993 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
3-bed apartment
Size
1,461 sqft
Floor
8th of 8
Parking
P-353
Developer
Nshama Properties
Completed
2020
Service charge
AED 23,800 /yr
Last sold
AED 1.49M · October 2024

About 816, Rawda Apartments 2

816 is a three-bedroom apartment of 1,461 sqft on the 8th floor of Rawda Apartments 2, a 8-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 21 October 2024 for AED 1,490,000, or AED 1,019 per sqft, 11% above the AED 915 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 816 over time

Sales
Unit 816, each saleTypical three-bed in Rawda Apartments 2
1.4M1.5M2019202120232025Typical sale price by year: 2019 AED 1,380,888; 2020 AED 1,484,888; 2021 AED 1,486,888; 2023 AED 1,550,000; 2024 AED 1,490,000Sold by developer, April 2020: AED 1,451,888 (AED 993 per sqft)Sold, October 2024: AED 1,490,000 (AED 1,019 per sqft)

816 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 816, each contractTypical three-bed in Rawda Apartments 2
75K100K125K2021202320252027Typical rent by year: 2021 AED 75,600; 2022 AED 78,500; 2023 AED 93,000; 2024 AED 112,089; 2025 AED 115,000; 2026 AED 120,000

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 816 sits

All 16 3-beds →

816 last sold in October 2024 at AED 1,019 per sqft, 11% above what three-beds in Rawda Apartments 2 were fetching at the time (AED 915).

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jun 20251,870,000
27 May 20241,420,000
15 Apr 20241,650,000
13 Oct 20231,550,000
0 3-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 8th floor

All 144 units in Rawda Apartments 2
Value
8012-bedAED 900K · Jan 2024
8022-bedAED 869K · Feb 2019
8032-bedAED 869K · Jul 2019
8042-bedAED 949K · Jul 2021
8052-bedAED 800K · Dec 2022
8062-bedAED 869K · May 2019
8072-bedAED 961K · Jul 2021
1–7 of 17

816, Rawda Apartments 2 in numbers

  • Sold twice: first on 27 April 2020 for AED 1,451,888, last on 21 October 2024 for AED 1,490,000 (AED 1,019 per sqft).

Source: Dubai Land Department. Updated 21 October 2024.

Questions about 816, Rawda Apartments 2

What did unit 816 last sell for?

AED 1,490,000 on 21 October 2024: AED 1,019 per sqft for 1,461 sqft. The unit has 2 registered sales; the first was AED 1,451,888 in April 2020.

How big is unit 816?

1,461 sqft (135.7 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2020.

What is unit 816 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 816, Rawda Apartments 2

Starts from the last sale price (AED 1.49M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

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