3-bed · 1,523 sqftParkside Rawda Apartments, Town Square · 4th floor · completed 2020

407, Parkside Rawda Apartments

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

Unit 407 · DLD and Ejari recordsUpdated 4 January 2025
Last soldAED 1.45M30 August 2020
Current rentAED 120K /yr4 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Parkside Rawda Apartments

What is 407 worth today?

Last sold for AED 1,450,888 in 2020

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4 Jan 2025RentedRenewal
AED 120,000/yr12 months · AED 79 per sqft
4 Jan 2024RentedRenewal
AED 83,160/yr12 months · AED 54 per sqft
4 Jul 2023RentedRenewal
AED 75,600/yr6 months · AED 49 per sqft
4 Jan 2023RentedRenewal
AED 75,600/yr6 months · AED 49 per sqft
4 Jan 2022RentedRenewal
AED 75,600/yr12 months · AED 49 per sqft
4 Jan 2021RentedNew contract
AED 72,000/yr12 months · AED 47 per sqft
30 Aug 2020Sold by developerReady
AED 1,450,888AED 952 per sqft

Source: Dubai Land Department. Updated 4 January 2025.

Key facts

Type
3-bed apartment
Size
1,523 sqft
Floor
4th of 6
Parking
P-439
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,800 /yr
Last sold
AED 1.45M · August 2020

About 407, Parkside Rawda Apartments

407 is a three-bedroom apartment of 1,523 sqft on the 4th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 30 August 2020 for AED 1,450,888, or AED 952 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 4 January 2025, is AED 120,000 a year: a gross yield of 8.3% on the 2020 price, before the service charge of about AED 24,800 a year.

Sales and rents for 407 over time

Rents
Unit 407, each contractTypical three-bed in Parkside Rawda Apartments
100K2021202320252027Typical rent by year: 2022 AED 80,000; 2023 AED 77,800; 2025 AED 110,000; 2026 AED 130,000New contract, January 2021: AED 72,000 a yearRenewal, January 2022: AED 75,600 a yearRenewal, January 2023: AED 75,600 a yearRenewal, July 2023: AED 75,600 a yearRenewal, January 2024: AED 83,160 a yearRenewal, January 2025: AED 120,000 a year

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

3-beds in Parkside Rawda Apartments, and where 407 sits

All 6 3-beds →

407's AED 120,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Oct 20242,040,000
19 Apr 20231,850,000
23 Mar 20211,428,888
11 Jan 20211,414,888
0 3-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 4th floor

All 120 units in Parkside Rawda Apartments
Value
4012-bedAED 1.3M · Aug 2026
4022-bedAED 1.26M · May 2026
4031-bedAED 1.05M · Jan 2026
4041-bedAED 741K · Aug 2020
4052-bedAED 1.2M · Nov 2024
4061-bedAED 615K · Feb 2024
4081-bedAED 810K · Jun 2026
1–7 of 19

407, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 30 August 2020 for AED 1,450,888, or AED 952 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 72,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 8.3%, before a service charge of about AED 24,800 a year (AED 16.27 per sqft).

Source: Dubai Land Department. Updated 4 January 2025.

Questions about 407, Parkside Rawda Apartments

What did unit 407 last sell for?

AED 1,450,888 on 30 August 2020, sold by the developer: AED 952 per sqft for 1,523 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 120,000 a year on the contract renewed on 4 January 2025. The previous contract, from January 2024, was AED 83,160; the unit has been rented since January 2021.

How big is unit 407?

1,523 sqft (141.5 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 407, Parkside Rawda Apartments

Starts from the last sale price (AED 1.45M, 30 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,888
Deposit, UAE resident (20%)
AED 290,178
Deposit, non-resident (40%)
AED 580,355
Monthly over 25 years at 3.7%
AED 5,936

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