2-bed · 957 sqftParkside Rawda Apartments, Town Square · 6th floor · completed 2020

601, 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 601 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 989K10 August 2020
Current rentAED 57K /yr16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Parkside Rawda Apartments

What is 601 worth today?

Last sold for AED 988,888 in 2020

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16 Jan 2024RentedRenewal
AED 57,000/yr12 months · AED 59 per sqft
16 Jan 2023RentedRenewal
AED 52,500/yr12 months · AED 55 per sqft
16 Jan 2022RentedRenewal
AED 45,000/yr12 months · AED 47 per sqft
16 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 47 per sqft
10 Aug 2020Sold by developerReady
AED 988,888AED 1,032 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
2-bed apartment
Size
957 sqft
Floor
6th of 6
Parking
P-374
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,600 /yr
Last sold
AED 989K · August 2020

About 601, Parkside Rawda Apartments

601 is a two-bedroom apartment of 957 sqft on the 6th 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 988,888, or AED 1,032 per sqft, in line with the AED 1,014 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 16 January 2024, is AED 57,000 a year: a gross yield of 5.8% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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 988,888 (AED 1,032 per sqft)

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

Rents
Unit 601, 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, January 2021: AED 45,000 a yearRenewal, January 2022: AED 45,000 a yearRenewal, January 2023: AED 52,500 a yearRenewal, January 2024: AED 57,000 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 601 sits

All 42 2-beds →

601 last sold in August 2020 at AED 1,032 per sqft, in line with what two-beds in Parkside Rawda Apartments were fetching at the time (AED 1,014). 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. 601's AED 57,000 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 6th floor

All 120 units in Parkside Rawda Apartments
Value
6022-bedAED 1.25M · Dec 2024
6031-bedAED 860K · Sep 2026
6041-bedAED 680K · Jul 2024
6052-bedAED 991K · Dec 2023
6061-bedAED 816K · Aug 2020
6073-bedAED 1.41M · Sep 2020
6081-bedAED 860K · Dec 2024
1–7 of 19

601, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 10 August 2020 for AED 988,888, or AED 1,032 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 45,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2020 price is 5.8%, before a service charge of about AED 15,600 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 16 January 2024.

Questions about 601, Parkside Rawda Apartments

What did unit 601 last sell for?

AED 988,888 on 10 August 2020, sold by the developer: AED 1,032 per sqft for 957 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 57,000 a year on the contract renewed on 16 January 2024. The previous contract, from January 2023, was AED 52,500; the unit has been rented since January 2021.

How big is unit 601?

957 sqft (88.9 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 601 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 601, Parkside Rawda Apartments

Starts from the last sale price (AED 989K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 988,888
Deposit, UAE resident (20%)
AED 197,778
Deposit, non-resident (40%)
AED 395,555
Monthly over 25 years at 3.7%
AED 4,046

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