2-bed · 1,618 sqftParkviews Rawda Apartments, Town Square · 1st floor · completed 2020

107, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in January 2024, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 1.17M23 January 2024
Current rentAED 80K /yr13 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Parkviews Rawda Apartments

What is 107 worth today?

Last sold for AED 1,170,000 in 2024

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23 Jan 2024SoldReady
AED 1,170,000AED 722 per sqft
13 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
22 Dec 2020Sold by developerReady
AED 1,060,888AED 655 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
2-bed apartment
Size
1,618 sqft
Floor
1st of 12
Parking
G-116
Developer
Nshama Properties
Completed
2020
Service charge
AED 26,300 /yr
Last sold
AED 1.17M · January 2024

About 107, Parkviews Rawda Apartments

107 is a two-bedroom apartment of 1,618 sqft on the 1st floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 23 January 2024 for AED 1,170,000, or AED 722 per sqft, 19% below the AED 888 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 August 2022. The current contract, signed on 13 August 2022, is AED 80,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 26,300 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, December 2020: AED 1,060,888 (AED 655 per sqft)Sold, January 2024: AED 1,170,000 (AED 722 per sqft)

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

Rents
Unit 107, 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, August 2022: AED 80,000 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 107 sits

All 120 2-beds →

107 last sold in January 2024 at AED 722 per sqft, 19% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 888). 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. 107's AED 80,000 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 →
Value
1011-bedAED 780K · Nov 2024
1021-bedAED 819K · Jan 2021
1033-bedAED 1.8M · Apr 2021
1043-bedAED 1.75M · Mar 2021
1053-bedAED 2.48M · Jun 2025
1062-bedAED 1.02M · Oct 2020
1081-bedAED 801K · Nov 2023
1–7 of 16

107, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 22 December 2020 for AED 1,060,888, last on 23 January 2024 for AED 1,170,000 (AED 722 per sqft).
  • Rented since August 2022 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 26,300 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 23 January 2024.

Questions about 107, Parkviews Rawda Apartments

What did unit 107 last sell for?

AED 1,170,000 on 23 January 2024: AED 722 per sqft for 1,618 sqft. The unit has 2 registered sales; the first was AED 1,060,888 in December 2020.

What is the rent for unit 107?

AED 80,000 a year on the contract signed on 13 August 2022.

How big is unit 107?

1,618 sqft (150.3 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2020.

What is unit 107 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 107, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.17M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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