507, Parkside Rawda Apartments
Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Parkside Rawda Apartments
What is 507 worth today?
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Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,526 sqft
- Floor
- 5th of 6
- Parking
- P-368
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 24,800 /yr
- Last sold
- AED 2.04M · October 2024
- Building
- Parkside Rawda Apartments
About 507, Parkside Rawda Apartments
507 is a three-bedroom apartment of 1,526 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 28 October 2024 for AED 2,040,000, or AED 1,336 per sqft.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 20 January 2023, is AED 80,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 24,800 a year.
Sales and rents for 507 over time
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 507 sits
All 6 3-beds →507's AED 80,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Apr 202319 April 2023 | 2,139 sqft | 1,850,000 | 864 | ||
| 23 Mar 202123 March 2021 | 1,524 sqft | 1,428,888 | 937 | ||
| 1 Nov 20201 November 2020 | 1,523 sqft | 1,432,888 | 940 | ||
| 27 Sep 202027 September 2020 | 1,439 sqft | 1,408,888 | 979 |
Parkside Rawda Apartments
Building120 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%
Other units on the 5th floor
All 120 units in Parkside Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 966 sqft | AED 996KAED 995,888 · Aug 2020August 2020 | 85,000 /yr | |
| 502 | 2-bed | 1,020 sqft | AED 830KAED 830,000 · Sep 2022September 2022 | 58,000 /yr | |
| 503 | 1-bed | 663 sqft | AED 741KAED 740,888 · Aug 2020August 2020 | 60,000 /yr | |
| 504 | 1-bed | 629 sqft | AED 710KAED 710,000 · Sep 2024September 2024 | 64,000 /yr | |
| 505 | 2-bed | 939 sqft | AED 1.25MAED 1,250,000 · Jun 2025June 2025 | 56,595 /yr | |
| 506 | 1-bed | 908 sqft | AED 796KAED 795,888 · Aug 2020August 2020 | 30,000 /yr | |
| 508 | 1-bed | 827 sqft | AED 811KAED 810,888 · Nov 2020November 2020 | ||
| 509 | 2-bed | 1,062 sqft | AED 925KAED 925,000 · Mar 2024March 2024 | 91,000 /yr | |
| 510 | 2-bed | 916 sqft | AED 909KAED 908,888 · Nov 2020November 2020 | 80,000 /yr | |
| 511 | 2-bed | 964 sqft | AED 926KAED 925,888 · Oct 2020October 2020 | 95,000 /yr | |
| 512 | 1-bed | 701 sqft | AED 680KAED 680,000 · Nov 2024November 2024 | 65,000 /yr | |
| 513 | 1-bed | 832 sqft | AED 718KAED 717,888 · Aug 2020August 2020 | 55,000 /yr | |
| 514 | 1-bed | 648 sqft | AED 686KAED 685,888 · Aug 2020August 2020 | 65,000 /yr | |
| 515 | 1-bed | 648 sqft | AED 800KAED 800,000 · Oct 2025October 2025 | 64,000 /yr | |
| 516 | 1-bed | 829 sqft | AED 717KAED 716,888 · Aug 2020August 2020 | 65,000 /yr | |
| 517 | 1-bed | 700 sqft | AED 850KAED 850,000 · Apr 2026April 2026 | 57,200 /yr | |
| 518 | 2-bed | 1,020 sqft | AED 988KAED 987,888 · Sep 2020September 2020 | ||
| 519 | 1-bed | 664 sqft | AED 701KAED 700,888 · Aug 2020August 2020 | 70,209 /yr | |
| 520 | 1-bed | 621 sqft | AED 676KAED 675,888 · Aug 2020August 2020 | 57,000 /yr |
507, Parkside Rawda Apartments in numbers
- Sold twice: first on 11 January 2021 for AED 1,414,888, last on 28 October 2024 for AED 2,040,000 (AED 1,336 per sqft).
- Rented since January 2022 on 2 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 24,800 a year (AED 16.27 per sqft).
Source: Dubai Land Department. Updated 28 October 2024.
Questions about 507, Parkside Rawda Apartments
What did unit 507 last sell for?
AED 2,040,000 on 28 October 2024: AED 1,336 per sqft for 1,526 sqft. The unit has 2 registered sales; the first was AED 1,414,888 in January 2021.
What is the rent for unit 507?
AED 80,000 a year on the contract renewed on 20 January 2023. The previous contract, from January 2022, was AED 80,000.
How big is unit 507?
1,526 sqft (141.8 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 507 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 507, Parkside Rawda Apartments
Starts from the last sale price (AED 2.04M, 28 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,040,000
- Deposit, UAE resident (20%)
- AED 408,000
- Deposit, non-resident (40%)
- AED 816,000
- Monthly over 25 years at 3.7%
- AED 8,346
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →