2-bed · 990 sqftParkviews Rawda Apartments, Town Square · 11th floor · completed 2020

1116, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1116 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.2M14 February 2025
Current rentAED 94K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1116, Parkviews Rawda Apartments

What is 1116 worth today?

Last sold for AED 1,200,000 in 2025

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1 Nov 2025RentedNew contract
AED 94,000/yr12 months · AED 95 per sqft
1 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
1 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
20 Feb 2025RentedRenewal
AED 80,000/yr3 months · AED 81 per sqft
20 Feb 2025RentedRenewal
AED 80,000/yr3 months · AED 81 per sqft
14 Feb 2025SoldReady
AED 1,200,000AED 1,211 per sqft
20 Feb 2024RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
20 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
11th of 12
Parking
P-103,G-44
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 1.2M · February 2025

About 1116, Parkviews Rawda Apartments

1116 is a two-bedroom apartment of 990 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 14 February 2025 for AED 1,200,000, or AED 1,211 per sqft, 7% above the AED 1,131 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 7 Ejari contracts. The current contract, signed on 1 November 2025, is AED 94,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1116 over time

Sales
Unit 1116, 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, August 2021: AED 955,888 (AED 965 per sqft)Sold, February 2025: AED 1,200,000 (AED 1,211 per sqft)

1116 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1116, each contractTypical two-bed in Parkviews Rawda Apartments
50K75K100K2020202220242026Typical 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, February 2023: AED 75,000 a yearRenewal, February 2024: AED 75,000 a yearRenewal, February 2025: AED 80,000 a yearRenewal, February 2025: AED 80,000 a yearNew contract, July 2025: AED 95,000 a yearNew contract, July 2025: AED 95,000 a yearNew contract, November 2025: AED 94,000 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 1116 sits

All 120 2-beds →

1116 last sold in February 2025 at AED 1,211 per sqft, 7% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,131). 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. 1116's AED 94,000 is in the upper 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

1116, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 29 August 2021 for AED 955,888, last on 14 February 2025 for AED 1,200,000 (AED 1,211 per sqft).
  • Rented since February 2023 on 7 Ejari contracts, from AED 75,000 to AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2025 price is 7.8%, 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 1 November 2025.

Questions about 1116, Parkviews Rawda Apartments

What did unit 1116 last sell for?

AED 1,200,000 on 14 February 2025: AED 1,211 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 955,888 in August 2021.

What is the rent for unit 1116?

AED 94,000 a year on the contract signed on 1 November 2025. The previous contract, from July 2025, was AED 95,000; the unit has been rented since February 2023.

How big is unit 1116?

990 sqft (92.0 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower completed in 2020.

What is unit 1116 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 1116, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.2M, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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