516, Parkside Rawda Apartments
Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Parkside Rawda Apartments
What is 516 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 829 sqft
- Floor
- 5th of 6
- Parking
- B-160
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 13,500 /yr
- Last sold
- AED 717K · August 2020
- Building
- Parkside Rawda Apartments
About 516, Parkside Rawda Apartments
516 is a one-bedroom apartment of 829 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 18 August 2020 for AED 716,888, or AED 865 per sqft, 16% below the AED 1,026 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 65,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 13,500 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the one-bed median of each year in the building.
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 516 sits
All 72 1-beds →516 last sold in August 2020 at AED 865 per sqft, 16% 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. 516's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 656 sqft | 860,000 | 1,311 | ||
| 10 Jul 202610 July 2026 | 650 sqft | 850,000 | 1,308 | ||
| 9 Jun 20269 June 2026 | 880 sqft | 810,000 | 920 | ||
| 10 Apr 202610 April 2026 | 700 sqft | 850,000 | 1,213 |
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 | |
| 507 | 3-bed | 1,526 sqft | AED 2.04MAED 2,040,000 · Oct 2024October 2024 | 80,000 /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 | |
| 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 |
516, Parkside Rawda Apartments in numbers
- Sold once: by Nshama Properties on 18 August 2020 for AED 716,888, or AED 865 per sqft.
- Rented since July 2022 on 5 Ejari contracts, from AED 50,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2020 price is 9.1%, before a service charge of about AED 13,500 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 22 August 2026.
Questions about 516, Parkside Rawda Apartments
What did unit 516 last sell for?
AED 716,888 on 18 August 2020, sold by the developer: AED 865 per sqft for 829 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 65,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 65,000; the unit has been rented since July 2022.
How big is unit 516?
829 sqft (77.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 516 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 516, Parkside Rawda Apartments
Starts from the last sale price (AED 717K, 18 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 716,888
- Deposit, UAE resident (20%)
- AED 143,378
- Deposit, non-resident (40%)
- AED 286,755
- Monthly over 25 years at 3.7%
- AED 2,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →