2-bed · 934 sqftParkviews Rawda Apartments, Town Square · 10th floor · completed 2020

1014, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 941K1 February 2021
Current rentAED 75K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1014, Parkviews Rawda Apartments

What is 1014 worth today?

Last sold for AED 940,888 in 2021

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1 May 2024RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
1 May 2023RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
1 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
1 Feb 2021Sold by developerReady
AED 940,888AED 1,007 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
10th of 12
Parking
P-96
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 941K · February 2021

About 1014, Parkviews Rawda Apartments

1014 is a two-bedroom apartment of 934 sqft on the 10th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 1 February 2021 for AED 940,888, or AED 1,007 per sqft, in line with the AED 995 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 75,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, 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, February 2021: AED 940,888 (AED 1,007 per sqft)

1014 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1014, 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, April 2022: AED 55,000 a yearNew contract, May 2023: AED 75,000 a yearRenewal, May 2024: 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 1014 sits

All 120 2-beds →

1014 last sold in February 2021 at AED 1,007 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 995). 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. 1014'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

1014, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 1 February 2021 for AED 940,888, or AED 1,007 per sqft.
  • Rented since April 2022 on 3 Ejari contracts, from AED 55,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 15,200 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 1 May 2024.

Questions about 1014, Parkviews Rawda Apartments

What did unit 1014 last sell for?

AED 940,888 on 1 February 2021, sold by the developer: AED 1,007 per sqft for 934 sqft. It is the only registered sale of the unit.

What is the rent for unit 1014?

AED 75,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 75,000; the unit has been rented since April 2022.

How big is unit 1014?

934 sqft (86.8 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2020.

What is unit 1014 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 1014, Parkviews Rawda Apartments

Starts from the last sale price (AED 941K, 1 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 940,888
Deposit, UAE resident (20%)
AED 188,178
Deposit, non-resident (40%)
AED 376,355
Monthly over 25 years at 3.7%
AED 3,849

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