3-bed · 1,520 sqftParkviews Rawda Apartments, Town Square · 10th floor · completed 2020

1004, Parkviews 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 1004 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1.58M15 May 2024
Current rentAED 110K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Parkviews Rawda Apartments

What is 1004 worth today?

Last sold for AED 1,575,000 in 2024

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15 May 2024SoldReady
AED 1,575,000AED 1,035 per sqft
1 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
5 Feb 2022RentedNew contract
AED 88,000/yr12 months · AED 58 per sqft
7 Dec 2021Sold by developerReady
AED 1,546,888AED 1,017 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
10th of 12
Parking
G-74
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 1.58M · May 2024

About 1004, Parkviews Rawda Apartments

1004 is a three-bedroom apartment of 1,520 sqft on the 10th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 15 May 2024 for AED 1,575,000, or AED 1,035 per sqft, in line with the AED 1,019 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 June 2023, is AED 110,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 24,700 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, December 2021: AED 1,546,888 (AED 1,017 per sqft)Sold, May 2024: AED 1,575,000 (AED 1,035 per sqft)

1004 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1004, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000New contract, February 2022: AED 88,000 a yearNew contract, June 2023: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 1004 sits

All 36 3-beds →

1004 last sold in May 2024 at AED 1,035 per sqft, in line with what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,019). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year. 1004's AED 110,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-bed sales in the last 12 months

Parkviews Rawda Apartments

Building

204 apartments, 1-bed to 3-bed over 12 floors in Town Square, completed in 2020 by Nshama Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,229 Up 0.7%
Typical sale
AED 1.21M
Typical rent
AED 85K /yr
Typical yield
7.0%
Parkviews Rawda Apartments, Town Square: prices, sales and rents →

Other units on the 10th floor

All 204 units in Parkviews Rawda Apartments
Value
10011-bedAED 910K · Apr 2026
10021-bedAED 760K · May 2020
10033-bedAED 2M · May 2025
10053-bedAED 1.71M · Aug 2020
10062-bedAED 1.03M · Mar 2020
10072-bedAED 820K · Sep 2022
10081-bedAED 751K · Jan 2023
1–7 of 16

1004, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 7 December 2021 for AED 1,546,888, last on 15 May 2024 for AED 1,575,000 (AED 1,035 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 88,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 24,700 a year (AED 16.27 per sqft).
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,229 per sqft.

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 1004, Parkviews Rawda Apartments

What did unit 1004 last sell for?

AED 1,575,000 on 15 May 2024: AED 1,035 per sqft for 1,520 sqft. The unit has 2 registered sales; the first was AED 1,546,888 in December 2021.

What is the rent for unit 1004?

AED 110,000 a year on the contract signed on 1 June 2023. The previous contract, from February 2022, was AED 88,000.

How big is unit 1004?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 10th floor of a 12-storey tower completed in 2020.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 1004, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.58M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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