1-bed · 691 sqftParkside Rawda Apartments, Town Square · 6th floor · completed 2020

612, Parkside Rawda Apartments

Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 500K6 May 2024
Current rentAED 38K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Parkside Rawda Apartments

What is 612 worth today?

Last sold for AED 500,000 in 2024

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6 May 2024SoldReady
AED 500,000AED 723 per sqft
10 Mar 2023RentedRenewal
AED 38,000/yr12 months · AED 55 per sqft
10 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
10 Aug 2020Sold by developerReady
AED 710,888AED 1,029 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
1-bed apartment
Size
691 sqft
Floor
6th of 6
Parking
B-231
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 500K · May 2024

About 612, Parkside Rawda Apartments

612 is a one-bedroom apartment of 691 sqft on the 6th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 6 May 2024 for AED 500,000, or AED 723 per sqft, 10% below the AED 802 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 10 March 2023, is AED 38,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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 710,888 (AED 1,029 per sqft)Sold, May 2024: AED 500,000 (AED 723 per sqft)

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

Rents
Unit 612, 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 2022: AED 40,000 a yearRenewal, March 2023: AED 38,000 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 612 sits

All 72 1-beds →

612 last sold in May 2024 at AED 723 per sqft, 10% below what one-beds in Parkside Rawda Apartments were fetching at the time (AED 802). 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. 612's AED 38,000 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 6th floor

All 120 units in Parkside Rawda Apartments
Value
6012-bedAED 989K · Aug 2020
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
1–7 of 19

612, Parkside Rawda Apartments in numbers

  • Sold twice: first on 10 August 2020 for AED 710,888, last on 6 May 2024 for AED 500,000 (AED 723 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 40,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 11,200 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 6 May 2024.

Questions about 612, Parkside Rawda Apartments

What did unit 612 last sell for?

AED 500,000 on 6 May 2024: AED 723 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 710,888 in August 2020.

What is the rent for unit 612?

AED 38,000 a year on the contract renewed on 10 March 2023. The previous contract, from March 2022, was AED 40,000.

How big is unit 612?

691 sqft (64.2 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 612 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 612, Parkside Rawda Apartments

Starts from the last sale price (AED 500K, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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