2-bed · 955 sqftParkviews Rawda Apartments, Town Square · 10th floor · completed 2020

1010, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 1.02M10 July 2024
Current rentAED 75K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Parkviews Rawda Apartments

What is 1010 worth today?

Last sold for AED 1,020,000 in 2024

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10 Jul 2024SoldReady
AED 1,020,000AED 1,068 per sqft
15 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
15 Nov 2022RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
15 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 47 per sqft
15 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 47 per sqft
22 Jul 2020Sold by developerReady
AED 936,888AED 981 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
2-bed apartment
Size
955 sqft
Floor
10th of 12
Parking
P-100
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,500 /yr
Last sold
AED 1.02M · July 2024

About 1010, Parkviews Rawda Apartments

1010 is a two-bedroom apartment of 955 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 10 July 2024 for AED 1,020,000, or AED 1,068 per sqft, 11% above the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 November 2023, is AED 75,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical two-bed in Parkviews Rawda Apartments
800K1M1.2M2020202220242026Typical sale price by year: 2020 AED 972,888; 2021 AED 960,888; 2023 AED 850,000; 2024 AED 1,093,888; 2025 AED 1,250,000; 2026 AED 1,220,000Sold by developer, July 2020: AED 936,888 (AED 981 per sqft)Sold, July 2024: AED 1,020,000 (AED 1,068 per sqft)

1010 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1010, each contractTypical two-bed in Parkviews Rawda Apartments
50K75K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 53,400; 2023 AED 62,000; 2024 AED 75,000; 2025 AED 82,000; 2026 AED 89,752New contract, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearRenewal, November 2022: AED 50,000 a yearNew contract, November 2023: AED 75,000 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 Parkviews Rawda Apartments, and where 1010 sits

All 120 2-beds →

1010 last sold in July 2024 at AED 1,068 per sqft, 11% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 960). Over the last 12 months two-beds sold for AED 1,030,000 to 1,560,888, around AED 1,280 per sqft, and rent for AED 36,000 to 150,000 a year. 1010's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20261,560,888
16 Jun 20261,030,000
4 Jun 20261,200,000
13 Feb 20261,400,000
9 2-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
10043-bedAED 1.58M · May 2024
10053-bedAED 1.71M · Aug 2020
10062-bedAED 1.03M · Mar 2020
10072-bedAED 820K · Sep 2022
1–7 of 16

1010, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 22 July 2020 for AED 936,888, last on 10 July 2024 for AED 1,020,000 (AED 1,068 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 15,500 a year (AED 16.27 per sqft).
  • Two-beds in Parkviews Rawda Apartments sold for AED 1,030,000–1,560,888 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 10 July 2024.

Questions about 1010, Parkviews Rawda Apartments

What did unit 1010 last sell for?

AED 1,020,000 on 10 July 2024: AED 1,068 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 936,888 in July 2020.

What is the rent for unit 1010?

AED 75,000 a year on the contract signed on 15 November 2023. The previous contract, from November 2022, was AED 50,000; the unit has been rented since November 2020.

How big is unit 1010?

955 sqft (88.7 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2020.

What is unit 1010 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Parkviews Rawda Apartments sold for AED 1,030,000 to 1,560,888 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 1010, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.02M, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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