1-bed · 831 sqftParkside Rawda Apartments, Town Square · 6th floor · completed 2020

616, 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 616 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 716K18 August 2020
Current rentAED 56K /yr3 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Parkside Rawda Apartments

What is 616 worth today?

Last sold for AED 715,888 in 2020

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3 Jul 2026RentedRenewal
AED 56,000/yr12 months · AED 67 per sqft
3 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
3 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
1 Jul 2023RentedRenewal
AED 41,000/yr12 months · AED 49 per sqft
1 Jul 2022RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
1 Jul 2021RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
18 Aug 2020Sold by developerReady
AED 715,888AED 861 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
6th of 6
Parking
B-235
Developer
Nshama Properties
Completed
2020
Service charge
AED 13,500 /yr
Last sold
AED 716K · August 2020

About 616, Parkside Rawda Apartments

616 is a one-bedroom apartment of 831 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 18 August 2020 for AED 715,888, or AED 861 per sqft, 16% below the AED 1,026 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 3 July 2026, is AED 56,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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 715,888 (AED 861 per sqft)

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

Rents
Unit 616, 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, July 2021: AED 38,000 a yearRenewal, July 2022: AED 38,000 a yearRenewal, July 2023: AED 41,000 a yearNew contract, July 2025: AED 60,000 a yearNew contract, July 2025: AED 60,000 a yearRenewal, July 2026: AED 56,000 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 616 sits

All 72 1-beds →

616 last sold in August 2020 at AED 861 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. 616's AED 56,000 is in the upper 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

616, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 18 August 2020 for AED 715,888, or AED 861 per sqft.
  • Rented since July 2021 on 6 Ejari contracts, from AED 38,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2020 price is 7.8%, 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 3 July 2026.

Questions about 616, Parkside Rawda Apartments

What did unit 616 last sell for?

AED 715,888 on 18 August 2020, sold by the developer: AED 861 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 56,000 a year on the contract renewed on 3 July 2026. The previous contract, from July 2025, was AED 60,000; the unit has been rented since July 2021.

How big is unit 616?

831 sqft (77.2 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 616 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 616, Parkside Rawda Apartments

Starts from the last sale price (AED 716K, 18 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 715,888
Deposit, UAE resident (20%)
AED 143,178
Deposit, non-resident (40%)
AED 286,355
Monthly over 25 years at 3.7%
AED 2,929

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