1-bed · 785 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1201, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 790K9 March 2020
Current rentAED 60K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Parkviews Rawda Apartments

What is 1201 worth today?

Last sold for AED 789,888 in 2020

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1 Oct 2026RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
1 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
1 Oct 2024RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
1 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
1 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
16 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
17 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
9 Mar 2020Sold by developerOff-plan
AED 789,888AED 1,005 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
12th of 12
Parking
P-123
Developer
Nshama Properties
Completed
2020
Service charge
AED 12,800 /yr
Last sold
AED 790K · March 2020

About 1201, Parkviews Rawda Apartments

1201 is a one-bedroom apartment of 785 sqft on the 12th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 9 March 2020 for AED 789,888, or AED 1,005 per sqft, in line with the AED 1,031 one-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 1 October 2026, is AED 60,000 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in Parkviews Rawda Apartments
800K2020202220242026Typical sale price by year: 2020 AED 770,888; 2021 AED 799,888; 2022 AED 670,000; 2023 AED 752,888; 2024 AED 750,888; 2025 AED 855,000; 2026 AED 905,000Sold by developer, March 2020: AED 789,888 (AED 1,005 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Parkviews Rawda Apartments
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 64,909New contract, September 2020: AED 35,000 a yearNew contract, December 2021: AED 60,000 a yearNew contract, October 2022: AED 60,000 a yearRenewal, October 2023: AED 60,000 a yearRenewal, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 a yearRenewal, October 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Parkviews Rawda Apartments, and where 1201 sits

All 48 1-beds →

1201 last sold in March 2020 at AED 1,005 per sqft, in line with what one-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,031). Over the last 12 months one-beds sold for AED 810,000 to 940,000, around AED 1,162 per sqft, and rent for AED 40,000 to 77,000 a year. 1201's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026900,000
21 Apr 2026910,000
4 Feb 2026940,000
3 Feb 2026850,000
7 1-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 12th floor

All 204 units in Parkviews Rawda Apartments
Value
12021-bedAED 860K · Aug 2025
12033-bedAED 1.3M · May 2023
12043-bedAED 1.54M · Nov 2021
12053-bedAED 1.85M · Jul 2024
12062-bedAED 1.4M · Feb 2026
12072-bedAED 1.01M · Mar 2020
12081-bedAED 800K · May 2021
1–7 of 16

1201, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 9 March 2020 for AED 789,888, or AED 1,005 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 35,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 7.6%, before a service charge of about AED 12,800 a year (AED 16.27 per sqft).
  • One-beds in Parkviews Rawda Apartments sold for AED 810,000–940,000 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 October 2026.

Questions about 1201, Parkviews Rawda Apartments

What did unit 1201 last sell for?

AED 789,888 on 9 March 2020, sold by the developer: AED 1,005 per sqft for 785 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 60,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since September 2020.

How big is unit 1201?

785 sqft (72.9 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Parkviews Rawda Apartments sold for AED 810,000 to 940,000 in the last 12 months, around AED 1,162 per sqft.

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Mortgage on 1201, Parkviews Rawda Apartments

Starts from the last sale price (AED 790K, 9 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 789,888
Deposit, UAE resident (20%)
AED 157,978
Deposit, non-resident (40%)
AED 315,955
Monthly over 25 years at 3.7%
AED 3,232

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