1-bed · 1,129 sqftParkside Rawda Apartments, Town Square · 1st floor · completed 2020

116, Parkside Rawda Apartments

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 19 August 2026
Last soldAED 741K18 November 2020
Current rentAED 65K /yr19 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Parkside Rawda Apartments

What is 116 worth today?

Last sold for AED 740,888 in 2020

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19 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
25 Sep 2025RentedRenewal
AED 60,000/yr12 months · AED 53 per sqft
25 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
12 Jan 2024RentedRenewal
AED 42,000/yr12 months · AED 37 per sqft
12 Jan 2023RentedRenewal
AED 40,000/yr12 months · AED 35 per sqft
12 Jan 2022RentedRenewal
AED 35,000/yr12 months · AED 31 per sqft
12 Jan 2021RentedNew contract
AED 35,000/yr12 months · AED 31 per sqft
18 Nov 2020Sold by developerReady
AED 740,888AED 656 per sqft

Source: Dubai Land Department. Updated 19 August 2026.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
1st of 6
Parking
B-243
Developer
Nshama Properties
Completed
2020
Service charge
AED 18,400 /yr
Last sold
AED 741K · November 2020

About 116, Parkside Rawda Apartments

116 is a one-bedroom apartment of 1,129 sqft on the 1st floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 18 November 2020 for AED 740,888, or AED 656 per sqft, 36% below the AED 1,026 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 19 August 2026, is AED 65,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 18,400 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Parkside Rawda Apartments
600K800K2020202220242026Typical sale price by year: 2020 AED 720,888; 2023 AED 590,000; 2024 AED 717,500; 2025 AED 810,000; 2026 AED 855,000Sold by developer, November 2020: AED 740,888 (AED 656 per sqft)

116 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 116, each contractTypical one-bed in Parkside Rawda Apartments
40K60K2020202220242026Typical rent by year: 2020 AED 33,000; 2021 AED 34,000; 2022 AED 38,000; 2023 AED 41,958; 2024 AED 49,779; 2025 AED 60,000; 2026 AED 63,000New contract, January 2021: AED 35,000 a yearRenewal, January 2022: AED 35,000 a yearRenewal, January 2023: AED 40,000 a yearRenewal, January 2024: AED 42,000 a yearNew contract, September 2024: AED 60,000 a yearRenewal, September 2025: AED 60,000 a yearNew contract, August 2026: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Parkside Rawda Apartments, and where 116 sits

All 72 1-beds →

116 last sold in November 2020 at AED 656 per sqft, 36% below what one-beds in Parkside Rawda Apartments were fetching at the time (AED 1,026). Over the last 12 months one-beds sold for AED 810,000 to 1,075,000, around AED 1,261 per sqft, and rent for AED 17,000 to 84,000 a year. 116's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 2026860,000
10 Jul 2026850,000
9 Jun 2026810,000
10 Apr 2026850,000
6 1-bed sales in the last 12 months

Parkside Rawda Apartments

Building

120 apartments, 1-bed to 3-bed over 6 floors in Town Square, completed in 2020 by Nshama Properties. 13 sold in the last 12 months.

Typical price per sqft
AED 1,278 Up 3.6%
Typical sale
AED 1.2M
Typical rent
AED 65K /yr
Typical yield
6.6%
Parkside Rawda Apartments, Town Square: prices, sales and rents →

Other units on the 1st floor

All 120 units in Parkside Rawda Apartments
Value
1012-bedAED 1.46M · Jul 2025
1022-bedAED 1.34M · Sep 2025
1031-bedAED 820K · Jun 2024
1041-bedAED 800K · Aug 2020
1052-bedAED 1.05M · Aug 2020
1061-bedAED 865K · Feb 2025
1073-bedAED 1.85M · Apr 2023
1–7 of 19

116, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 18 November 2020 for AED 740,888, or AED 656 per sqft.
  • Rented since January 2021 on 7 Ejari contracts, from AED 35,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 18,400 a year (AED 16.27 per sqft).
  • One-beds in Parkside Rawda Apartments sold for AED 810,000–1,075,000 in the 12 months to November 2026; the building's median across all types is AED 1,278 per sqft.

Source: Dubai Land Department. Updated 19 August 2026.

Questions about 116, Parkside Rawda Apartments

What did unit 116 last sell for?

AED 740,888 on 18 November 2020, sold by the developer: AED 656 per sqft for 1,129 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 65,000 a year on the contract signed on 19 August 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since January 2021.

How big is unit 116?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Parkside Rawda Apartments sold for AED 810,000 to 1,075,000 in the last 12 months, around AED 1,261 per sqft.

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Mortgage on 116, Parkside Rawda Apartments

Starts from the last sale price (AED 741K, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 740,888
Deposit, UAE resident (20%)
AED 148,178
Deposit, non-resident (40%)
AED 296,355
Monthly over 25 years at 3.7%
AED 3,031

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →