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Ready building · Nshama

Town Square - Rawda Apartments 1, Al Yelayiss 2

Highlights

Town Square - Rawda Apartments 1 at a glance

About Town Square - Rawda Apartments 1

Town Square - Rawda Apartments 1 is a mixed-use building in Al Yelayiss 2, Dubai, developed by Nshama. It holds about 268 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2020 and has been in use for about 6 years. 19 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,391 per sq ft.

Town Square - Rawda Apartments 1 is one of 70 buildings in Al Yelayiss 2: 43 are complete and 25 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Yelayiss 2, Dubai
  • Developed by Nshama
  • Completed in Q1 2020
  • Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
  • Sizes from 60 to 7,300 sq ft
  • Views: Community View
  • Service charge from AED 5.65 per sq ft
Status
Ready
Developer
Nshama
Location
Al Yelayiss 2, Dubai
Completed
Q1 2020
Unit types
1 Bed, 2 Beds, 3 Beds, Commercial
Prices from
AED 657.0K
Median price per sq ft
AED 1,391
Median gross yield
6.7%
Service charge
AED 16.38 per sq ft (2026)
Nearest metro
Meydan Etihad Rail Interchange, 6.9 km

Building details

Inside Town Square - Rawda Apartments 1

Properties in Town Square - Rawda Apartments 1

1-bedroom apartments in Town Square - Rawda Apartments 1

There are about 70 of these in Town Square - Rawda Apartments 1, from 610 to 1,240 sq ft. They have recently sold for a median of AED 880.0K, or AED 1,430 per sq ft. Owners who resold made a median 8% over what they paid.

2-bedroom apartments in Town Square - Rawda Apartments 1

There are about 138 of these in Town Square - Rawda Apartments 1, from 890 to 1,760 sq ft. They have recently sold for a median of AED 1.3M, or AED 1,370 per sq ft. Owners who resold made a median 9% over what they paid.

3-bedroom apartments in Town Square - Rawda Apartments 1

There are about 40 of these in Town Square - Rawda Apartments 1, from 1,400 to 2,430 sq ft. They have recently sold for a median of AED 2.3M, or AED 1,170 per sq ft. Owners who resold made a median 2% over what they paid.

Commercial units in Town Square - Rawda Apartments 1

There are about 20 of these in Town Square - Rawda Apartments 1, from 60 to 7,300 sq ft. None has sold recently enough to quote a price.

Unit types in Town Square - Rawda Apartments 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed70610 sqft56.7 sqmt – 1,240 sqft115.2 sqmtAED 880KAED 66K
2 Beds138890 sqft82.7 sqmt – 1,760 sqft163.5 sqmtAED 1.3MAED 90K
3 Beds401,400 sqft130.1 sqmt – 2,430 sqft225.8 sqmtAED 2.3MAED 135K
Commercial2060 sqft5.6 sqmt – 7,300 sqft678.2 sqmtNo recent sales–

Recent transactions in Town Square - Rawda Apartments 1

  • Rawda Apartments 1

    Town Square

    AED 1.4M

    AED 1,464 /sqftAED 15,758 /sqmt

    ReadyApartment
    922 sqft85.7 sqmt2 BedsOwner2 Nov 2026
  • Rawda Apartments 1

    Town Square

    AED 1.5M

    AED 1,618 /sqftAED 17,416 /sqmt

    ReadyApartment
    896 sqft83.2 sqmt2 BedsOwner28 Oct 2026
  • Rawda Apartments 1

    Town Square

    AED 1.3M

    AED 1,369 /sqftAED 14,736 /sqmt

    ReadyApartment
    928 sqft86.2 sqmt2 BedsOwner25 Sept 2026
  • Rawda Apartments 1

    Town Square

    AED 1.7M

    AED 1,791 /sqftAED 19,278 /sqmt

    ReadyApartment
    922 sqft85.7 sqmt2 BedsOwner8 Sept 2026
  • Rawda Apartments 1

    Town Square

    AED 1.2M

    AED 1,266 /sqftAED 13,627 /sqmt

    ReadyApartment
    928 sqft86.2 sqmt2 BedsOwner28 Jul 2026
  • Rawda Apartments 1

    Town Square

    AED 880K

    AED 755 /sqftAED 8,127 /sqmt

    ReadyApartment
    1,165 sqft108.2 sqmt1 BedOwner7 Jul 2026
  • Rawda Apartments 1

    Town Square

    AED 1M

    AED 1,116 /sqftAED 12,013 /sqmt

    ReadyApartment
    896 sqft83.2 sqmt2 BedsOwner16 Jun 2026
  • Rawda Apartments 1

    Town Square

    AED 935K

    AED 1,044 /sqftAED 11,238 /sqmt

    ReadyApartment
    896 sqft83.2 sqmt2 BedsOwner11 May 2026
  • Rawda Apartments 1

    Town Square

    AED 2M

    AED 1,326 /sqftAED 14,273 /sqmt

    ReadyApartment
    1,508 sqft140.1 sqmt2 BedsOwner8 May 2026
  • Rawda Apartments 1

    Town Square

    AED 1.4M

    AED 1,545 /sqftAED 16,630 /sqmt

    ReadyApartment
    919 sqft85.4 sqmt2 BedsOwner22 Apr 2026
  • Rawda Apartments 1

    Town Square

    AED 870K

    AED 1,417 /sqftAED 15,252 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner27 Mar 2026
  • Rawda Apartments 1

    Town Square

    AED 895K

    AED 1,458 /sqftAED 15,694 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner12 Mar 2026
  • Rawda Apartments 1

    Town Square

    AED 1.5M

    AED 1,611 /sqftAED 17,341 /sqmt

    ReadyApartment
    931 sqft86.5 sqmt2 BedsOwner19 Feb 2026
  • Rawda Apartments 1

    Town Square

    AED 880K

    AED 1,433 /sqftAED 15,425 /sqmt

    ReadyApartment
    614 sqft57 sqmt1 BedOwner15 Jan 2026
  • Rawda Apartments 1

    Town Square

    AED 1.2M

    AED 1,351 /sqftAED 14,542 /sqmt

    ReadyApartment
    907 sqft84.3 sqmt2 BedsOwner15 Dec 2025
  • Rawda Apartments 1

    Town Square

    AED 1.2M

    AED 1,172 /sqftAED 12,615 /sqmt

    ReadyApartment
    1,012 sqft94 sqmt2 BedsOwner8 Dec 2025
  • Rawda Apartments 1

    Town Square

    AED 2.3M

    AED 1,174 /sqftAED 12,637 /sqmt

    ReadyApartment
    1,918 sqft178.2 sqmt3 BedsOwner5 Dec 2025
  • Rawda Apartments 1

    Town Square

    AED 1.3M

    AED 1,413 /sqftAED 15,209 /sqmt

    ReadyApartment
    927 sqft86.1 sqmt2 BedsOwner27 Nov 2025
  • Rawda Apartments 1

    Town Square

    AED 900K

    AED 1,473 /sqftAED 15,855 /sqmt

    ReadyApartment
    611 sqft56.8 sqmt1 BedOwner19 Nov 2025
  • Rawda Apartments 1

    Town Square

    AED 1.2M

    AED 1,295 /sqftAED 13,939 /sqmt

    ReadyApartment
    911 sqft84.6 sqmt2 BedsOwner31 Oct 2025
  • Rawda Apartments 1

    Town Square

    AED 88.2K/yr

    ApartmentRenewal
    975 sqft90.6 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 53.2K/yr

    ApartmentRenewal
    614 sqft57 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 90K/yr

    ApartmentRenewal
    1,008 sqft93.6 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 135K/yr

    ApartmentNew contract
    2,004 sqft186.2 sqmt3 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 46K/yr

    ApartmentRenewal
    978 sqft90.9 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 80K/yr

    ApartmentRenewal
    613 sqft56.9 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 90K/yr

    ApartmentRenewal
    922 sqft85.7 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 46K/yr

    ApartmentRenewal
    978 sqft90.9 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 135K/yr

    ApartmentNew contract
    1,455 sqft135.2 sqmt3 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 110K/yr

    ApartmentNew contract
    908 sqft84.4 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 90K/yr

    ApartmentNew contract
    912 sqft84.7 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 90K/yr

    ApartmentRenewal
    896 sqft83.2 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 150K/yr

    ApartmentRenewal
    975 sqft90.6 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 63K/yr

    ApartmentNew contract
    614 sqft57 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 120K/yr

    ApartmentNew contract
    1,451 sqft134.8 sqmt3 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 66K/yr

    ApartmentNew contract
    611 sqft56.8 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 52.1K/yr

    ApartmentRenewal
    611 sqft56.8 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 70K/yr

    ApartmentRenewal
    679 sqft63.1 sqmt1 Bedto
  • Rawda Apartments 1

    Town Square

    AED 95K/yr

    ApartmentRenewal
    896 sqft83.2 sqmt2 Bedsto
  • Rawda Apartments 1

    Town Square

    AED 38.2K/yr

    ApartmentNew contract
    1,012 sqft94 sqmt2 Bedsto

Every sale in Town Square - Rawda Apartments 1Every rent contract in Town Square - Rawda Apartments 1

Service charges in Town Square - Rawda Apartments 1

The 2026 service charge in Town Square - Rawda Apartments 1 is AED 16.38 per sq ft for homes, AED 5.65 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 580 a year.

Service charges in Town Square - Rawda Apartments 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 16.38610 sqft56.7 sqmt – 1,240 sqft115.2 sqmtAED 9,992 – AED 20,311
2 Beds Apartment (2026)AED 16.38890 sqft82.7 sqmt – 1,760 sqft163.5 sqmtAED 14,578 – AED 28,829
3 Beds Apartment (2026)AED 16.381,400 sqft130.1 sqmt – 2,430 sqft225.8 sqmtAED 22,932 – AED 39,803
Retail (2026)AED 5.6560 sqft5.6 sqmt – 7,300 sqft678.2 sqmtAED 339 – AED 41,245

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Town Square - Rawda Apartments 1

Transportation near Town Square - Rawda Apartments 1

Stations planned on new lines nearby include Meydan Etihad Rail Interchange (golden line, 6.9 km, about 16 min drive) and Hadaeq Mohammed Bin Rashid (golden line, 7.5 km, about 17 min drive).

  • Meydan Etihad Rail InterchangeGolden line · 6.9 km · about 16 min drive
  • Hadaeq Mohammed Bin RashidGolden line · 7.5 km · about 17 min drive
  • Global VillageGolden line · 7.7 km · about 17 min drive
  • Dubai Miracle GardenGolden line · 7.8 km · about 18 min drive

Shopping and groceries near Town Square - Rawda Apartments 1

The closest is Uptown Motor City, 6.6 km from Town Square - Rawda Apartments 1 (about 15 min drive).

  • Uptown Motor CityShopping Mall · 6.6 km · about 15 min drive

Parks and leisure near Town Square - Rawda Apartments 1

The closest is Global Village, 7.4 km from Town Square - Rawda Apartments 1 (about 17 min drive).

  • Global VillagePark · 7.4 km · about 17 min drive

Schools near Town Square - Rawda Apartments 1

The nearest is Horizon English School Town Square, 1.7 km away. Ratings are the KHDA's latest inspection grades.

  • Horizon English School Town SquareUK · KHDA: Not inspected yet · 1.7 km
  • Dubai International Academy Town SquareInternational Baccalaureate · KHDA: Not inspected yet · 2.9 km
  • Fairgreen International School L.L.CInternational Baccalaureate · KHDA: Good · 3 km
  • Lycée français international (Branch)French · KHDA: Not inspected yet · 3.5 km
  • Ranches Primary SchoolUK · KHDA: Very good · 3.6 km
  • South View School L.L.CUK · KHDA: Good · 4.8 km

Other buildings in Al Yelayiss 2

Al Yelayiss 2 has 70 buildings. A few others to compare Town Square - Rawda Apartments 1 with:

  • Alton, Al Yelayiss 2Off-plan

    Alton

    Al Yelayiss 2 · Nshama

    Handover 31 May 2028 · 5% built

  • Augusta, Al Yelayiss 2Off-plan

    Augusta

    Al Yelayiss 2 · Nshama

    Handover 14 Jan 2028 · 5% built

  • Belmont, Al Yelayiss 2Off-plan

    Belmont

    Al Yelayiss 2 · Nshama

    Handover 30 Apr 2029 · 0% built

Things to consider about Town Square - Rawda Apartments 1

In its favour

  • Owners who resold have made money: a median gain of up to 9%.
  • A median gross yield of 6.7% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Specialists

Brokers who know Town Square - Rawda Apartments 1

These brokers handle sales and lettings in Town Square - Rawda Apartments 1 and can tell you what is available now.

FAQs

Town Square - Rawda Apartments 1: questions answered

Town Square - Rawda Apartments 1 was developed by Nshama in Al Yelayiss 2.

Town Square - Rawda Apartments 1 is completed in Q1 2020.

Across its 20 most recent registered sales, Town Square - Rawda Apartments 1 sold for a median of AED 1,391 per sq ft and AED 1.2M per unit.

Recent yearly contracts in Town Square - Rawda Apartments 1 have a median rent of AED 90.0K.

The median gross yield on recently sold units in Town Square - Rawda Apartments 1 is 6.7%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Town Square - Rawda Apartments 1 is AED 16.38 per sq ft a year, as registered with the Dubai Land Department.

Town Square - Rawda Apartments 1 has 1 Bed (610 to 1,240 sq ft), 2 Beds (890 to 1,760 sq ft), 3 Beds (1,400 to 2,430 sq ft), Commercial (60 to 7,300 sq ft).

Meydan Etihad Rail Interchange is about 6.9 km from Town Square - Rawda Apartments 1.

The nearest schools include Horizon English School Town Square (1.7 km), Dubai International Academy Town Square (2.9 km), Fairgreen International School L.L.C (3 km).

Buying, selling or renting in Town Square - Rawda Apartments 1?

A broker who works Al Yelayiss 2 will tell you what is available and what comparable homes went for.

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