1-bed · 908 sqftParkside Rawda Apartments, Town Square · 5th floor · completed 2020

506, 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 506 · DLD and Ejari recordsUpdated 18 June 2026
Last soldAED 796K10 August 2020
Current rentAED 30K /yr18 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Parkside Rawda Apartments

What is 506 worth today?

Last sold for AED 795,888 in 2020

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18 Jun 2026RentedNew contract
AED 30,000/yr12 months · AED 33 per sqft
14 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
10 Jul 2023RentedRenewal
AED 47,000/yr12 months · AED 52 per sqft
10 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
1 Mar 2021RentedNew contract
AED 35,000/yr12 months · AED 39 per sqft
10 Aug 2020Sold by developerReady
AED 795,888AED 876 per sqft

Source: Dubai Land Department. Updated 18 June 2026.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
5th of 6
Parking
B-204
Developer
Nshama Properties
Completed
2020
Service charge
AED 14,800 /yr
Last sold
AED 796K · August 2020

About 506, Parkside Rawda Apartments

506 is a one-bedroom apartment of 908 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 10 August 2020 for AED 795,888, or AED 876 per sqft, 15% below the AED 1,026 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 18 June 2026, is AED 30,000 a year: a gross yield of 3.8% on the 2020 price, before the service charge of about AED 14,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, August 2020: AED 795,888 (AED 876 per sqft)

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

Rents
Unit 506, 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, March 2021: AED 35,000 a yearNew contract, July 2022: AED 42,000 a yearRenewal, July 2023: AED 47,000 a yearNew contract, August 2024: AED 65,000 a yearNew contract, June 2026: AED 30,000 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 506 sits

All 72 1-beds →

506 last sold in August 2020 at AED 876 per sqft, 15% 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. 506's AED 30,000 is in the lower 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 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
5052-bedAED 1.25M · Jun 2025
5073-bedAED 2.04M · Oct 2024
5081-bedAED 811K · Nov 2020
1–7 of 19

506, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 10 August 2020 for AED 795,888, or AED 876 per sqft.
  • Rented since March 2021 on 5 Ejari contracts, from AED 35,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2020 price is 3.8%, before a service charge of about AED 14,800 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 18 June 2026.

Questions about 506, Parkside Rawda Apartments

What did unit 506 last sell for?

AED 795,888 on 10 August 2020, sold by the developer: AED 876 per sqft for 908 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 30,000 a year on the contract signed on 18 June 2026. The previous contract, from August 2024, was AED 65,000; the unit has been rented since March 2021.

How big is unit 506?

908 sqft (84.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 506 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 506, Parkside Rawda Apartments

Starts from the last sale price (AED 796K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 795,888
Deposit, UAE resident (20%)
AED 159,178
Deposit, non-resident (40%)
AED 318,355
Monthly over 25 years at 3.7%
AED 3,256

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