1016, Parkviews Rawda Apartments
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Parkviews Rawda Apartments
What is 1016 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 992 sqft
- Floor
- 10th of 12
- Parking
- P-94
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 986K · December 2024
- Building
- Parkviews Rawda Apartments
About 1016, Parkviews Rawda Apartments
1016 is a two-bedroom apartment of 992 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 11 December 2024 for AED 985,888, or AED 993 per sqft, 7% below the AED 1,068 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 August 2026, is AED 90,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 16,100 a year.
Sales and rents for 1016 over time
1016 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1016 sits
All 120 2-beds →1016 last sold in December 2024 at AED 993 per sqft, 7% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,068). 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. 1016's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 992 sqft | 1,560,888 | 1,573 | ||
| 16 Jun 202616 June 2026 | 933 sqft | 1,030,000 | 1,104 | ||
| 4 Jun 20264 June 2026 | 1,027 sqft | 1,200,000 | 1,168 | ||
| 13 Feb 202613 February 2026 | 928 sqft | 1,400,000 | 1,508 |
Parkviews Rawda Apartments
Building204 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%
Other units on the 10th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 804 sqft | AED 910KAED 910,000 · Apr 2026April 2026 | 68,000 /yr | |
| 1002 | 1-bed | 710 sqft | AED 760KAED 759,888 · May 2020May 2020 | ||
| 1003 | 3-bed | 1,497 sqft | AED 2MAED 2,000,000 · May 2025May 2025 | 140,000 /yr | |
| 1004 | 3-bed | 1,520 sqft | AED 1.58MAED 1,575,000 · May 2024May 2024 | 110,000 /yr | |
| 1005 | 3-bed | 1,581 sqft | AED 1.71MAED 1,705,888 · Aug 2020August 2020 | ||
| 1006 | 2-bed | 932 sqft | AED 1.03MAED 1,028,888 · Mar 2020March 2020 | 73,500 /yr | |
| 1007 | 2-bed | 954 sqft | AED 820KAED 820,000 · Sep 2022September 2022 | 90,000 /yr | |
| 1008 | 1-bed | 688 sqft | AED 751KAED 750,888 · Jan 2023January 2023 | ||
| 1009 | 1-bed | 808 sqft | AED 600KAED 600,000 · Jun 2022June 2022 | 65,000 /yr | |
| 1010 | 2-bed | 955 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 75,000 /yr | |
| 1011 | 2-bed | 1,050 sqft | AED 1.01MAED 1,014,888 · Jan 2024January 2024 | ||
| 1012 | 2-bed | 1,029 sqft | AED 1.45MAED 1,450,888 · Dec 2025December 2025 | 100,000 /yr | |
| 1013 | 2-bed | 936 sqft | AED 1.1MAED 1,098,888 · Sep 2024September 2024 | 85,000 /yr | |
| 1014 | 2-bed | 934 sqft | AED 941KAED 940,888 · Feb 2021February 2021 | 75,000 /yr | |
| 1015 | 2-bed | 946 sqft | AED 952KAED 951,888 · May 2020May 2020 | 90,000 /yr | |
| 1017 | 2-bed | 1,144 sqft | AED 1.25MAED 1,250,000 · Jun 2025June 2025 | 99,000 /yr |
1016, Parkviews Rawda Apartments in numbers
- Sold twice: first on 9 March 2020 for AED 985,888, last on 11 December 2024 for AED 985,888 (AED 993 per sqft).
- Rented since January 2022 on 4 Ejari contracts, from AED 55,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 16,100 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 25 August 2026.
Questions about 1016, Parkviews Rawda Apartments
What did unit 1016 last sell for?
AED 985,888 on 11 December 2024: AED 993 per sqft for 992 sqft. The unit has 2 registered sales; the first was AED 985,888 in March 2020.
What is the rent for unit 1016?
AED 90,000 a year on the contract signed on 25 August 2026. The previous contract, from August 2025, was AED 90,000; the unit has been rented since January 2022.
How big is unit 1016?
992 sqft (92.2 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2020.
What is unit 1016 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 1016, Parkviews Rawda Apartments
Starts from the last sale price (AED 986K, 11 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 985,888
- Deposit, UAE resident (20%)
- AED 197,178
- Deposit, non-resident (40%)
- AED 394,355
- Monthly over 25 years at 3.7%
- AED 4,034
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →