2-bed · 1,062 sqftParkside Rawda Apartments, Town Square · 5th floor · completed 2020

509, Parkside Rawda Apartments

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 925K13 March 2024
Current rentAED 91K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Parkside Rawda Apartments

What is 509 worth today?

Last sold for AED 925,000 in 2024

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1 May 2026RentedNew contract
AED 91,000/yr12 months · AED 85 per sqft
10 May 2025RentedRenewal
AED 87,000/yr12 months · AED 82 per sqft
10 May 2025RentedRenewal
AED 87,000/yr12 months · AED 82 per sqft
10 May 2024RentedNew contract
AED 85,000/yr12 months · AED 80 per sqft
13 Mar 2024SoldReady
AED 925,000AED 870 per sqft
17 Sep 2020Sold by developerReady
AED 942,888AED 887 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,062 sqft
Floor
5th of 6
Parking
P-380
Developer
Nshama Properties
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 925K · March 2024

About 509, Parkside Rawda Apartments

509 is a two-bedroom apartment of 1,062 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 13 March 2024 for AED 925,000, or AED 870 per sqft, 10% below the AED 962 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 May 2026, is AED 91,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Parkside Rawda Apartments
1M1.25M1.5M2020202220242026Typical 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, September 2020: AED 942,888 (AED 887 per sqft)Sold, March 2024: AED 925,000 (AED 870 per sqft)

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

Rents
Unit 509, 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, May 2024: AED 85,000 a yearRenewal, May 2025: AED 87,000 a yearRenewal, May 2025: AED 87,000 a yearNew contract, May 2026: AED 91,000 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 509 sits

All 42 2-beds →

509 last sold in March 2024 at AED 870 per sqft, 10% below what two-beds in Parkside Rawda Apartments were fetching at the time (AED 962). 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. 509's AED 91,000 is in the upper 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
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
5061-bedAED 796K · Aug 2020
5073-bedAED 2.04M · Oct 2024
1–7 of 19

509, Parkside Rawda Apartments in numbers

  • Sold twice: first on 17 September 2020 for AED 942,888, last on 13 March 2024 for AED 925,000 (AED 870 per sqft).
  • Rented since May 2024 on 4 Ejari contracts, from AED 85,000 to AED 91,000 a year.
  • At AED 91,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 17,300 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 1 May 2026.

Questions about 509, Parkside Rawda Apartments

What did unit 509 last sell for?

AED 925,000 on 13 March 2024: AED 870 per sqft for 1,062 sqft. The unit has 2 registered sales; the first was AED 942,888 in September 2020.

What is the rent for unit 509?

AED 91,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 87,000; the unit has been rented since May 2024.

How big is unit 509?

1,062 sqft (98.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 509 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 509, Parkside Rawda Apartments

Starts from the last sale price (AED 925K, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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