2-bed · 946 sqftParkviews Rawda Apartments, Town Square · 11th floor · completed 2020

1115, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1115 · DLD and Ejari recordsUpdated 5 May 2021
Last soldAED 949K5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1115, Parkviews Rawda Apartments

What is 1115 worth today?

Last sold for AED 948,888 in 2021

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5 May 2021Sold by developerReady
AED 948,888AED 1,002 per sqft

Source: Dubai Land Department. Updated 5 May 2021.

Key facts

Type
2-bed apartment
Size
946 sqft
Floor
11th of 12
Parking
P-104
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,400 /yr
Last sold
AED 949K · May 2021

About 1115, Parkviews Rawda Apartments

1115 is a two-bedroom apartment of 946 sqft on the 11th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 5 May 2021 for AED 948,888, or AED 1,002 per sqft, in line with the AED 996 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1115 over time

Sales
Unit 1115, 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, May 2021: AED 948,888 (AED 1,002 per sqft)

1115 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1115, 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 89,752

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 1115 sits

All 120 2-beds →

1115 last sold in May 2021 at AED 1,002 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 996). 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.

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

1115, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 5 May 2021 for AED 948,888, or AED 1,002 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 5 May 2021.

Questions about 1115, Parkviews Rawda Apartments

What did unit 1115 last sell for?

AED 948,888 on 5 May 2021, sold by the developer: AED 1,002 per sqft for 946 sqft. It is the only registered sale of the unit.

How big is unit 1115?

946 sqft (87.9 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower completed in 2020.

What is unit 1115 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 1115, Parkviews Rawda Apartments

Starts from the last sale price (AED 949K, 5 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 948,888
Deposit, UAE resident (20%)
AED 189,778
Deposit, non-resident (40%)
AED 379,555
Monthly over 25 years at 3.7%
AED 3,882

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