2-bed · 939 sqftParkside Rawda Apartments, Town Square · 5th floor · completed 2020

505, Parkside Rawda Apartments

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 26 June 2025
Last soldAED 1.25M26 June 2025
Current rentAED 57K /yr17 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Parkside Rawda Apartments

What is 505 worth today?

Last sold for AED 1,250,000 in 2025

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26 Jun 2025SoldReady
AED 1,250,000AED 1,331 per sqft
17 Feb 2024RentedRenewal
AED 56,595/yr12 months · AED 60 per sqft
17 Feb 2023RentedRenewal
AED 53,900/yr12 months · AED 58 per sqft
17 Feb 2022RentedNew contract
AED 49,000/yr12 months · AED 52 per sqft
25 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
13 Aug 2020Sold by developerReady
AED 972,888AED 1,036 per sqft

Source: Dubai Land Department. Updated 26 June 2025.

Key facts

Type
2-bed apartment
Size
939 sqft
Floor
5th of 6
Parking
P-379
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 1.25M · June 2025

About 505, Parkside Rawda Apartments

505 is a two-bedroom apartment of 939 sqft on the 5th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 26 June 2025 for AED 1,250,000, or AED 1,331 per sqft, 10% above the AED 1,213 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 17 February 2024, is AED 56,595 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 15,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 972,888 (AED 1,036 per sqft)Sold, June 2025: AED 1,250,000 (AED 1,331 per sqft)

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

Rents
Unit 505, 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, November 2020: AED 43,000 a yearNew contract, February 2022: AED 49,000 a yearRenewal, February 2023: AED 53,900 a yearRenewal, February 2024: AED 56,595 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 505 sits

All 42 2-beds →

505 last sold in June 2025 at AED 1,331 per sqft, 10% above what two-beds in Parkside Rawda Apartments were fetching at the time (AED 1,213). 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. 505's AED 56,595 is at the bottom 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
5012-bedAED 996K · Aug 2020
5022-bedAED 830K · Sep 2022
5031-bedAED 741K · Aug 2020
5041-bedAED 710K · Sep 2024
5061-bedAED 796K · Aug 2020
5073-bedAED 2.04M · Oct 2024
5081-bedAED 811K · Nov 2020
1–7 of 19

505, Parkside Rawda Apartments in numbers

  • Sold twice: first on 13 August 2020 for AED 972,888, last on 26 June 2025 for AED 1,250,000 (AED 1,331 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 43,000 to AED 56,595 a year.
  • At AED 56,595 a year the gross yield on the 2025 price is 4.5%, before a service charge of about AED 15,300 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 26 June 2025.

Questions about 505, Parkside Rawda Apartments

What did unit 505 last sell for?

AED 1,250,000 on 26 June 2025: AED 1,331 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 972,888 in August 2020.

What is the rent for unit 505?

AED 56,595 a year on the contract renewed on 17 February 2024. The previous contract, from February 2023, was AED 53,900; the unit has been rented since November 2020.

How big is unit 505?

939 sqft (87.2 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 505 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 505, Parkside Rawda Apartments

Starts from the last sale price (AED 1.25M, 26 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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