2-bed · 1,051 sqftParkviews Rawda Apartments, Town Square · 11th floor · completed 2020

1111, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in February 2023, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 16 February 2023
Last soldAED 850K16 February 2023
Current rentAED 42K /yr9 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Parkviews Rawda Apartments

What is 1111 worth today?

Last sold for AED 850,000 in 2023

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16 Feb 2023SoldReady
AED 850,000AED 808 per sqft
9 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
20 Jul 2020Sold by developerReady
AED 962,888AED 915 per sqft

Source: Dubai Land Department. Updated 16 February 2023.

Key facts

Type
2-bed apartment
Size
1,051 sqft
Floor
11th of 12
Parking
P-108
Developer
Nshama Properties
Completed
2020
Service charge
AED 17,100 /yr
Last sold
AED 850K · February 2023

About 1111, Parkviews Rawda Apartments

1111 is a two-bedroom apartment of 1,051 sqft on the 11th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 16 February 2023 for AED 850,000, or AED 808 per sqft, 4% below the AED 843 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2020. The current contract, signed on 9 October 2020, is AED 42,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 17,100 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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 962,888 (AED 915 per sqft)Sold, February 2023: AED 850,000 (AED 808 per sqft)

1111 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1111, 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, October 2020: AED 42,000 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 1111 sits

All 120 2-beds →

1111 last sold in February 2023 at AED 808 per sqft, 4% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 843). 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. 1111's AED 42,000 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 11th floor

All 204 units in Parkviews Rawda Apartments
Value
11011-bedAED 850K · Aug 2025
11021-bedAED 940K · Oct 2025
11033-bedAED 2.05M · Mar 2025
11043-bedAED 1.58M · Oct 2021
11053-bedAED 1.73M · Mar 2020
11062-bedAED 1.02M · Feb 2020
11072-bedAED 989K · Apr 2021
1–7 of 16

1111, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 20 July 2020 for AED 962,888, last on 16 February 2023 for AED 850,000 (AED 808 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 17,100 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 16 February 2023.

Questions about 1111, Parkviews Rawda Apartments

What did unit 1111 last sell for?

AED 850,000 on 16 February 2023: AED 808 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 962,888 in July 2020.

What is the rent for unit 1111?

AED 42,000 a year on the contract signed on 9 October 2020.

How big is unit 1111?

1,051 sqft (97.6 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower completed in 2020.

What is unit 1111 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 1111, Parkviews Rawda Apartments

Starts from the last sale price (AED 850K, 16 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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