2-bed · 1,143 sqftParkviews Rawda Apartments, Town Square · 11th floor · completed 2020

1117, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1117 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 1.03M31 January 2024
Current rentAED 85K /yr22 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1117, Parkviews Rawda Apartments

What is 1117 worth today?

Last sold for AED 1,030,000 in 2024

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22 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
22 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
22 Jul 2024RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
31 Jan 2024SoldReady
AED 1,030,000AED 901 per sqft
16 Nov 2023RentedRenewal
AED 53,265/yr7 months · AED 47 per sqft
16 Nov 2022RentedRenewal
AED 53,500/yr12 months · AED 47 per sqft
16 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
16 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 22 July 2025.

Key facts

Type
2-bed apartment
Size
1,143 sqft
Floor
11th of 12
Parking
P-102
Developer
Nshama Properties
Completed
2020
Service charge
AED 18,600 /yr
Last sold
AED 1.03M · January 2024

About 1117, Parkviews Rawda Apartments

1117 is a two-bedroom apartment of 1,143 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 31 January 2024 for AED 1,030,000, or AED 901 per sqft, in line with the AED 893 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 22 July 2025, is AED 85,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1117 over time

Sales
Unit 1117, 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, March 2020: AED 1,085,888 (AED 950 per sqft)Sold, January 2024: AED 1,030,000 (AED 901 per sqft)

1117 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1117, 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, November 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearRenewal, November 2022: AED 53,500 a yearRenewal, November 2023: AED 53,265 a yearNew contract, July 2024: AED 85,000 a yearRenewal, July 2025: AED 85,000 a yearRenewal, July 2025: AED 85,000 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 1117 sits

All 120 2-beds →

1117 last sold in January 2024 at AED 901 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 893). 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. 1117's AED 85,000 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

1117, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 1 March 2020 for AED 1,085,888, last on 31 January 2024 for AED 1,030,000 (AED 901 per sqft).
  • Rented since November 2020 on 7 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 18,600 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 22 July 2025.

Questions about 1117, Parkviews Rawda Apartments

What did unit 1117 last sell for?

AED 1,030,000 on 31 January 2024: AED 901 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 1,085,888 in March 2020.

What is the rent for unit 1117?

AED 85,000 a year on the contract renewed on 22 July 2025. The previous contract, from July 2025, was AED 85,000; the unit has been rented since November 2020.

How big is unit 1117?

1,143 sqft (106.2 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower completed in 2020.

What is unit 1117 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 1117, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.03M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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