2-bed · 966 sqftParkside Rawda Apartments, Town Square · 5th floor · completed 2020

501, Parkside Rawda Apartments

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

Unit 501 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 996K13 August 2020
Current rentAED 85K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Parkside Rawda Apartments

What is 501 worth today?

Last sold for AED 995,888 in 2020

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1 Oct 2026RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
9 Dec 2024RentedRenewal
AED 66,550/yr12 months · AED 69 per sqft
9 Dec 2024RentedRenewal
AED 66,550/yr12 months · AED 69 per sqft
9 Dec 2023RentedRenewal
AED 60,500/yr12 months · AED 62 per sqft
9 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
9 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
10 Dec 2020RentedNew contract
AED 46,000/yr12 months · AED 47 per sqft
13 Aug 2020Sold by developerReady
AED 995,888AED 1,031 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
5th of 6
Parking
P-377
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,700 /yr
Last sold
AED 996K · August 2020

About 501, Parkside Rawda Apartments

501 is a two-bedroom apartment of 966 sqft on the 5th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 13 August 2020 for AED 995,888, or AED 1,031 per sqft, in line with the AED 1,008 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 85,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 15,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Parkside Rawda Apartments
1M1.25M2020202220242026Typical sale price by year: 2020 AED 980,388; 2021 AED 964,888; 2024 AED 1,145,888; 2025 AED 1,400,000; 2026 AED 1,417,944Sold by developer, August 2020: AED 995,888 (AED 1,031 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Parkside Rawda Apartments
50K75K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 52,800; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 87,000; 2026 AED 90,000New contract, December 2020: AED 46,000 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2022: AED 55,000 a yearRenewal, December 2023: AED 60,500 a yearRenewal, December 2024: AED 66,550 a yearRenewal, December 2024: AED 66,550 a yearNew contract, October 2026: AED 85,000 a year

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

2-beds in Parkside Rawda Apartments, and where 501 sits

All 42 2-beds →

501 last sold in August 2020 at AED 1,031 per sqft, in line with what two-beds in Parkside Rawda Apartments were fetching at the time (AED 1,008). Over the last 12 months two-beds sold for AED 1,200,000 to 1,675,000, around AED 1,278 per sqft, and rent for AED 65,000 to 107,500 a year. 501's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 20261,300,000
14 Jul 20261,200,000
22 May 20261,260,000
12 Feb 20261,600,888
7 2-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 5th floor

All 120 units in Parkside Rawda Apartments
Value
5022-bedAED 830K · Sep 2022
5031-bedAED 741K · Aug 2020
5041-bedAED 710K · Sep 2024
5052-bedAED 1.25M · Jun 2025
5061-bedAED 796K · Aug 2020
5073-bedAED 2.04M · Oct 2024
5081-bedAED 811K · Nov 2020
1–7 of 19

501, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 13 August 2020 for AED 995,888, or AED 1,031 per sqft.
  • Rented since December 2020 on 7 Ejari contracts, from AED 46,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 15,700 a year (AED 16.27 per sqft).
  • Two-beds in Parkside Rawda Apartments sold for AED 1,200,000–1,675,000 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 1 October 2026.

Questions about 501, Parkside Rawda Apartments

What did unit 501 last sell for?

AED 995,888 on 13 August 2020, sold by the developer: AED 1,031 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 85,000 a year on the contract signed on 1 October 2026. The previous contract, from December 2024, was AED 66,550; the unit has been rented since December 2020.

How big is unit 501?

966 sqft (89.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Parkside Rawda Apartments sold for AED 1,200,000 to 1,675,000 in the last 12 months, around AED 1,278 per sqft.

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Mortgage on 501, Parkside Rawda Apartments

Starts from the last sale price (AED 996K, 13 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 995,888
Deposit, UAE resident (20%)
AED 199,178
Deposit, non-resident (40%)
AED 398,355
Monthly over 25 years at 3.7%
AED 4,074

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