Rawda Apartments 1

Completed|268 units · 1 tower

Rawda Apartments 1 is a completed development by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 268 registered units. 351 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,278 per sqft. At AED 1,278 per sqft, Rawda Apartments 1 prices 5% above the Town Square median of AED 1,221 per sqft on registered sales.

PIX© price · ↓5.3% YoY

1.41MAED

Typical

1,278AED

PSF

Gross yield

6.5%

PIX© rent ÷ PIX© price

Sale records

351

DLD · all time

Rent contracts

1,017

Ejari · all time

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai29 min · 28.1 km

DXB Airport33 min · 41.0 km

DIFC33 min · 32.1 km

Dubai Marina28 min · 26.9 km

Palm Jumeirah31 min · 28.6 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 113 km

MallTown Square Community Center0.7 km

SchoolHorizon English School Parent Experience Centre0.2 km

HospitalMedcare Medical Centre, Town Square Dubai0.5 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 11

…

2 Bed on Floor 11, Rawda Apartments 1

Size
Record: May 2021 to Aug 2026
Owners: 4
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
5Tenant 5	7 Aug 2026			Renewal Owner 4
5Tenant 5	7 Aug 2025		12 mo	Owner 4
4Owner 4	12 Jun 2025		15 mo	Current owner Sold with tenant in place Mortgage
4Tenant 4	7 Aug 2024		12 mo	Owner 3
3Owner 3	26 Feb 2024		16 mo	Sold with tenant in place
3Tenant 3	7 Aug 2023		12 mo	Owner 2
2Tenant 2	13 Jul 2022		13 mo	Owner 2
1Tenant 1	13 Jul 2021		12 mo	Owner 2
2Owner 2	20 May 2021		2.8 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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2 Bed · Floor 11 · Rawda Apartments 1

Nightly rateAED

Occupancy (237 nights)

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Rawda Apartments 11,278AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 263 - 5,266 sqft	268	1.41M	1,278	↓5.3%		92K	6.5%
Residential
1 Bed · Apartment 605 - 1,240 sqft	70
2 Bed · Apartment 888 - 1,755 sqft	138
3 Bed · Apartment 1,397 - 2,428 sqft	40
Commercial
Shop 1,102 - 5,266 sqft	11	-	-	-	-	-	-
Warehouse 263 - 589 sqft	9	-	-	-	-	-	-

Sales - Project-Wide351 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 Sep 2026	2 Bed	Rawda Apartments 1 · Floor 5	922	1,650,888	1,790	-	Premium	Payment Plan Sale
28 Jul 2026	2 Bed	Rawda Apartments 1 · Floor 12	928	1,175,000	1,267	-2.2%	Entry Level	Payment Plan Sale
7 Jul 2026	1 Bed	Rawda Apartments 1 · Floor 1	1,165	880,000	755	+5.3%	Standard	Standard Sale

Rentals - Project-Wide1,017 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
23 Jun 2027	2 Bed	Rawda Apartments 1 · Floor 14	919	242,406	264	-	Standard	CERTIFICATE
1 Oct 2026	1 Bed	Rawda Apartments 1 · Floor 5	614	70,000	114	-	Standard	CONTRACT
25 Sep 2026	3 Bed	Rawda Apartments 1 · Floor 7	1,522	105,000	69	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Rawda Apartments 1

Compared with

Rawda Apartments 2

PIX© PSF

1,085

Rank

#29 of 30

#28 of 30

Typical price

1.29M

Yield

13.2%

Units

268

154

Sales

Rents

702

437

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Hayat Boulevard NSHMI DEVELOPMENT L.L.C · Completed	684					255	1,890
	Zahra Apartments 1B NSHMI DEVELOPMENT L.L.C · Completed	87					35	203
	Zahra Breeze Apartments 3A NSHMI DEVELOPMENT L.L.C · Completed	194					88	514
	Parkviews NSHMI DEVELOPMENT L.L.C · Completed	213					52	524
	Hayat Boulevard 1A NSHMI DEVELOPMENT L.L.C · Completed	191					67	546
	Safi 2A NSHMI DEVELOPMENT L.L.C · Completed	153					68	441
	Hayat Boulevard 2B NSHMI DEVELOPMENT L.L.C · Completed	100					39	274
	Zahra Breeze Apartments 3B NSHMI DEVELOPMENT L.L.C · Completed	189					79	549
	Rawda Apartments 2 NSHMI DEVELOPMENT L.L.C · Completed	154					50	437
29	Rawda Apartments 1 NSHMI DEVELOPMENT L.L.C · Completed	268	1,085	Subject	1.29M	13.2%	78	702
	Rawda Apartments NSHMI DEVELOPMENT L.L.C · Completed	422					128	1,139

Community median 1,221 AED/sqft. Showing the closest-ranked peers of 30 ranked projects in the community. 1 community project excluded for insufficient recorded sales. 26 excluded for trading only in the off-plan market. 9 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Zahra Breeze Apartments 4AAED 1,277/sqft
ParksideAED 1,304/sqft
UNA ApartmentsAED 1,251/sqft
Safi 1BAED 1,251/sqft
Zahra Apartments 1AAED 1,306/sqft
Zahra Apartments 2AAED 1,242/sqft

Common questions about Rawda Apartments 1

Answered from Dubai Land Department registered transactions.

How much does a property in Rawda Apartments 1 cost?

Property in Rawda Apartments 1 sells at a current PIX© price of AED 1,278 per sqft, or about AED 1,411,072 for a typical unit, based on 351 sales registered with the Dubai Land Department.

Is Rawda Apartments 1 completed?

Yes. Rawda Apartments 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Rawda Apartments 1?

Rawda Apartments 1 is developed by NSHMI DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Rawda Apartments 1?

Rawda Apartments 1 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,017 registered Ejari contracts.

How many units are in Rawda Apartments 1?

Rawda Apartments 1 holds 268 registered units, per the Dubai Land Department unit register.

Have prices in Rawda Apartments 1 gone up or down?

Price per sqft has fallen -5.3% over the last 12 months, to AED 1,278, across 351 registered sales.