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Town Square

Rawda Apartments 1

3 BR · Apartment · 3 bathrooms

Price history

Listed since 28 September 2026. The price has been cut once — dates and figures from the listing itself.

  1. 15 October 2026 AED 3 199 999
  2. 23 October 2026 AED 3 088 000 -3%

About the building

A residential building in Main Square, completed in 2020. Developer — Nshama Development.

Where it is

The pin is placed by project — accurate to the development, not the door.

Town Square

Nshama’s large affordable community around a central park: townhouses and apartments, all from one developer.

  • consistent single-developer quality
  • a genuinely good central park
  • family townhouses

What to check: Nshama continues to release phases here, so factor a continuing supply pipeline into any capital growth assumption and check what is still under construction near your unit.

Full district guide →

Questions and answers about lot NP4-539390

How much is this 3-bedroom apartment in Rawda Apartments 1?

Lot NP4-539390 is priced at AED 3 088 000, about $841 000. The size is 1 918 sq ft (178 m²), which works out at AED 1 610 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 3 199 999 to AED 3 088 000: AED 111 999 less, or 3%. It was cut once. On the market since 28 September 2026.

How does this price compare with other lots in Rawda Apartments 1?

The database holds 2 lots in Rawda Apartments 1 right now, all at AED 3 088 000. 2 of them share this type and bedroom count: this lot is the cheapest.

Is this expensive or cheap for Town Square?

The database holds 9 lots in Town Square, starting from AED 1 190 000. The area median is AED 1 422 per sq ft; this lot, at AED 1 610, is 13% above it. 8 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Town Square area guide →

Is the property ready or still under construction?

According to the listing, the property is ready. The project passport gives 2020 as the completion year.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 618 000; a loan of AED 2 470 000 over 25 years at 3.75–4.99% a year comes to roughly AED 12 700–14 400 a month. A non-resident puts down from 40% (AED 1 235 000) and pays about AED 9 500–10 800 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 123 520 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 088 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about Rawda Apartments 1?

Completion year: 2020. Figures are from the project passport: Propsearch and the Dubai Land Department.

What does the seller say about the property itself?

From the listing: bathrooms — 3.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-539390 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Rawda Apartments 1

Reviews from the English YouTube channel — each one with a written breakdown on this site.

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