Rawda Apartments 2

Completed|154 units · 1 building

Rawda Apartments 2 is a completed development by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 154 registered units. 206 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,203 per sqft. At AED 1,203 per sqft, Rawda Apartments 2 prices 4% below the Town Square median of AED 1,248 per sqft on registered sales.

PIX© price · ↓5.3% YoY

1.26MAED

Typical

1,203AED

PSF

Gross yield

6.3%

PIX© rent ÷ PIX© price

Sale records

206

DLD · all time

Rent contracts

691

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai26 min · 27.5 km

DXB Airport31 min · 40.5 km

DIFC31 min · 31.5 km

Dubai Marina26 min · 26.3 km

Palm Jumeirah29 min · 28.1 km

Nearby · straight-line

MallArabian Ranches Community Center6.3 km

SchoolRanches Primary School3.5 km

HospitalMediclinic Parkview8.1 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 2

…

2 Bed on Floor 2, Rawda Apartments 2

Size
Record: Feb 2020 to Jan 2026
Owners: 4
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Owner 4	29 Jan 2026	9 mo	Current owner Sold with tenant in place Mortgage
5Tenant 5	15 Jul 2025	7 mo	Owner 3
4Tenant 4	15 Jul 2025	7 mo	Renewal Owner 3
3Owner 3	9 May 2025	9 mo	Sold with tenant in place Mortgage
4Tenant 4	15 Jul 2024	12 mo	Owner 2
3Tenant 3	6 Jul 2023	12 mo	Owner 2
2Owner 2	24 Mar 2023	2.1 yrs	Sold with tenant in place
2Tenant 2	10 Oct 2022	12 mo	Owner 1
1Tenant 1	11 Oct 2021	13 mo	Renewal Owner 1
1Tenant 1	11 Oct 2020	12 mo	Owner 1
1Owner 1	13 Feb 2020	3.1 yrs

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2 Bed · Floor 2 · Rawda Apartments 2

Nightly rateAED

Occupancy (237 nights)

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Rawda Apartments 21,203AED/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 56 - 2,812 sqft	154	1.26M	1,203	↓5.3%		80K	6.3%
Residential
1 Bed · Apartment 608 - 1,138 sqft	24
2 Bed · Apartment 896 - 2,164 sqft	104
3 Bed · Apartment 1,452 - 2,266 sqft	16
Commercial
Shop 2,145 - 2,812 sqft	2	-	-	-	-	-	-
Warehouse 56 - 57 sqft	8	-	-	-	-	-	-

Sales - Project-Wide206 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
28 Oct 2026	2 Bed	Rawda Apartments 2 · Floor 7	1,018	1,200,000	1,179	+22.3%	Standard	Standard Sale
7 Oct 2026	2 Bed	Rawda Apartments 2 · Floor 3	1,043	1,325,000	1,270	+32.3%	Standard	Standard Sale
25 Sep 2026	1 Bed	Rawda Apartments 2 · Floor 3	808	900,000	1,113	+23.3%	Standard	Standard Sale

Rentals - Project-Wide691 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
1 Dec 2026	2 Bed	Rawda Apartments 2 · Floor 3	959	100,000	104	-	Premium	CONTRACT
6 Nov 2026	2 Bed	Rawda Apartments 2 · Floor 5	935	80,000	86	-	Entry Level	CONTRACT
6 Nov 2026	2 Bed	Rawda Apartments 2 · Floor 5	935	80,000	86	-	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

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Rawda Apartments 2

Compared with

Safi

PIX© PSF

1,191

Rank

#20 of 30

#19 of 30

Typical price

1.20M

Yield

7.6%

Units

154

590

Sales

349

Rents

437

2,378

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Hayat Boulevard 1B NSHMI DEVELOPMENT L.L.C · Completed	202					86	557
	Rawda Apartments NSHMI DEVELOPMENT L.L.C · Completed	422					133	1,129
	Safi 1A NSHMI DEVELOPMENT L.L.C · Completed	156					81	443
	Hayat Boulevard NSHMI DEVELOPMENT L.L.C · Completed	684					254	1,871
	Safi NSHMI DEVELOPMENT L.L.C · Completed	590					349	2,378
20	Rawda Apartments 2 NSHMI DEVELOPMENT L.L.C · Completed	154	1,191	Subject	1.20M	7.6%	54	437
	Zahra Apartments 1B NSHMI DEVELOPMENT L.L.C · Completed	87					33	199
	Safi 2A NSHMI DEVELOPMENT L.L.C · Completed	153					67	431
	Hayat Boulevard 1A NSHMI DEVELOPMENT L.L.C · Completed	191					65	539
	Zahra Apartments 2A NSHMI DEVELOPMENT L.L.C · Completed	165					73	396
	Hayat Boulevard 2B NSHMI DEVELOPMENT L.L.C · Completed	100					39	277

Community median 1,248 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.

SafiAED 1,203/sqft
Hayat BoulevardAED 1,211/sqft
Zahra Apartments 1BAED 1,190/sqft
Safi 2AAED 1,184/sqft
Hayat Boulevard 1AAED 1,183/sqft
Safi 1AAED 1,228/sqft

Common questions about Rawda Apartments 2

Answered from Dubai Land Department registered transactions.

How much does a property in Rawda Apartments 2 cost?

Property in Rawda Apartments 2 sells at a current PIX© price of AED 1,203 per sqft, or about AED 1,262,648 for a typical unit, based on 206 sales registered with the Dubai Land Department.

Is Rawda Apartments 2 completed?

Yes. Rawda Apartments 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Rawda Apartments 2?

Rawda Apartments 2 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 2?

Rawda Apartments 2 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 691 registered Ejari contracts.

How many units are in Rawda Apartments 2?

Rawda Apartments 2 holds 154 registered units, per the Dubai Land Department unit register.

Have prices in Rawda Apartments 2 gone up or down?

Price per sqft has fallen -5.3% over the last 12 months, to AED 1,203, across 206 registered sales.