PropertyIndex

Rawda Apartments

Completed · Q1 2020|766 units · 2 towers · 2 buildings

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Rawda Apartments is a completed apartment development by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C in Town Square, Al Yelayiss 2, comprising 766 registered units. 1,009 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,155 per sqft. At AED 1,155 per sqft, Rawda Apartments prices 18% below the Town Square average of AED 1,409 per sqft on registered sales.

PIX© price · 6.8% YoY
1.25MAED
Typical
1,155AED
PSF
Gross yield
7.4%
PIX© rent ÷ PIX© price
Sale records
1,009
DLD · all time
Rent contracts
2,915
Ejari · all time
Rawda Apartments

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
56 – 5,266 sqft
7661.25M1,1556.8%93K7.4%
Residential
1 Bed · Apartment
605 – 1,580 sqft
214
2 Bed · Apartment
888 – 2,359 sqft
404
3 Bed · Apartment
1,397 – 3,036 sqft
98
Commercial
Shop
1,003 – 5,266 sqft
32
Store
56 – 84 sqft
18
Sales — Project-Wide1,009 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 205 sales
Floors 1-2 · 45 sales
Floors 3-14 · 160 sales
Town Square - Rawda Apartments 1 · 70 sales
Floors 1-2 · 11 sales
Floors 3-14 · 59 sales
Town Square - Rawda Apartments 2 · 38 sales
Floors 1-2 · 12 sales
Floors 3-14 · 26 sales
Parkside · 35 sales
Floors 1-2 · 13 sales
Floors 3-14 · 22 sales
Parkviews · 62 sales
Floors 1-2 · 9 sales
Floors 3-14 · 53 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
10 Aug 20262 BedParkside · Floor 49631,300,0001,349+30.0%StandardStandard Sale
4 Aug 20262 BedTown Square - Rawda Apartments 2 · Floor 11,6111,420,000881+29.1%Entry LevelStandard Sale
31 Jul 20263 BedParkviews · Floor 21,5011,850,0001,233CompletionStandardLease-to-Own
Rentals — Project-Wide2,915 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 995 rentals
Floor 1 · 78 rentals
Floors 2-7 · 601 rentals
Floors 8-14 · 316 rentals
Town Square - Rawda Apartments 1 · 356 rentals
Floor 1 · 20 rentals
Floors 2-7 · 156 rentals
Floors 8-14 · 180 rentals
Parkviews · 265 rentals
Floor 1 · 13 rentals
Floors 2-7 · 140 rentals
Floors 8-14 · 112 rentals
Town Square - Rawda Apartments 2 · 215 rentals
Floor 1 · 20 rentals
Floors 2-7 · 171 rentals
Floors 8-14 · 24 rentals
Parkside · 159 rentals
Floor 1 · 25 rentals
Floors 2-7 · 134 rentals
Floors 8-14
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
23 Jun 20272 Bed919239,568261Standardrenewal
25 Sep 20263 Bed1,522105,00069Entry Levelrenewal
1 Sep 20262 Bed97985,00087Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Common questions about Rawda Apartments

Answered from Dubai Land Department registered transactions.

How much does a property in Rawda Apartments cost?

Property in Rawda Apartments sells at a current PIX© price of AED 1,155 per sqft, or about AED 1,252,876 for a typical unit, based on 1,009 sales registered with the Dubai Land Department.

Is Rawda Apartments completed?

Yes. Rawda Apartments is recorded as completed in the Dubai Land Department project register (completed q1 2020).

Who is the developer of Rawda Apartments?

Rawda Apartments is developed by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Rawda Apartments?

Rawda Apartments yields 7.4% gross, calculated from current PIX© rent against current PIX© sale price, across 2,915 registered Ejari contracts.

How many units are in Rawda Apartments?

Rawda Apartments holds 766 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Rawda Apartments gone up or down?

Price per sqft has fallen -6.8% over the last 12 months, to AED 1,155, across 1,009 registered sales.