2-bed · 1,361 sqftParkviews Rawda Apartments, Town Square · 1st floor · completed 2020

115, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 1.04M7 February 2025
Current rentAED 57K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Parkviews Rawda Apartments

What is 115 worth today?

Last sold for AED 1,040,888 in 2025

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7 Feb 2025SoldReady
AED 1,040,888AED 764 per sqft
1 Jun 2023RentedRenewal
AED 56,700/yr12 months · AED 42 per sqft
1 Jun 2022RentedRenewal
AED 54,000/yr12 months · AED 40 per sqft
1 Jun 2021RentedNew contract
AED 53,000/yr12 months · AED 39 per sqft
13 Apr 2020Sold by developerReady
AED 1,040,888AED 764 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
1st of 12
Parking
P-179
Developer
Nshama Properties
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 1.04M · February 2025

About 115, Parkviews Rawda Apartments

115 is a two-bedroom apartment of 1,361 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 7 February 2025 for AED 1,040,888, or AED 764 per sqft, 32% below the AED 1,131 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 56,700 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 22,100 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, April 2020: AED 1,040,888 (AED 764 per sqft)Sold, February 2025: AED 1,040,888 (AED 764 per sqft)

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

Rents
Unit 115, 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, June 2021: AED 53,000 a yearRenewal, June 2022: AED 54,000 a yearRenewal, June 2023: AED 56,700 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 115 sits

All 120 2-beds →

115 last sold in February 2025 at AED 764 per sqft, 32% below 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. 115's AED 56,700 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
1072-bedAED 1.17M · Jan 2024
1–7 of 16

115, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 13 April 2020 for AED 1,040,888, last on 7 February 2025 for AED 1,040,888 (AED 764 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 53,000 to AED 56,700 a year.
  • At AED 56,700 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 22,100 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 7 February 2025.

Questions about 115, Parkviews Rawda Apartments

What did unit 115 last sell for?

AED 1,040,888 on 7 February 2025: AED 764 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,040,888 in April 2020.

What is the rent for unit 115?

AED 56,700 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 54,000; the unit has been rented since June 2021.

How big is unit 115?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2020.

What is unit 115 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 115, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.04M, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,888
Deposit, UAE resident (20%)
AED 208,178
Deposit, non-resident (40%)
AED 416,355
Monthly over 25 years at 3.7%
AED 4,259

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