1203, Parkviews Rawda Apartments
Sold prices and rental history: sold twice, last in May 2023, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Parkviews Rawda Apartments
What is 1203 worth today?
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Source: Dubai Land Department. Updated 23 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,439 sqft
- Floor
- 12th of 12
- Parking
- G-59
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.3M · May 2023
- Building
- Parkviews Rawda Apartments
About 1203, Parkviews Rawda Apartments
1203 is a three-bedroom apartment of 1,439 sqft on the 12th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 23 May 2023 for AED 1,300,000, or AED 903 per sqft, 7% below the AED 973 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2022. The current contract, signed on 1 January 2022, is AED 75,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 23,400 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Parkviews Rawda Apartments, and where 1203 sits
All 36 3-beds →1203 last sold in May 2023 at AED 903 per sqft, 7% below what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 973). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year. 1203's AED 75,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,581 sqft | 2,100,000 | 1,328 | ||
| 2 Feb 20262 February 2026 | 1,584 sqft | 2,350,000 | 1,483 | ||
| 3 Oct 20253 October 2025 | 1,501 sqft | 1,850,000 | 1,232 | ||
| 8 Sep 20258 September 2025 | 1,501 sqft | 2,105,888 | 1,403 |
Parkviews Rawda Apartments
Building204 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%
Other units on the 12th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 785 sqft | AED 790KAED 789,888 · Mar 2020March 2020 | 60,000 /yr | |
| 1202 | 1-bed | 706 sqft | AED 860KAED 860,000 · Aug 2025August 2025 | 60,000 /yr | |
| 1204 | 3-bed | 1,467 sqft | AED 1.54MAED 1,538,888 · Nov 2021November 2021 | 101,997 /yr | |
| 1205 | 3-bed | 1,580 sqft | AED 1.85MAED 1,850,000 · Jul 2024July 2024 | 120,000 /yr | |
| 1206 | 2-bed | 928 sqft | AED 1.4MAED 1,400,000 · Feb 2026February 2026 | 91,011 /yr | |
| 1207 | 2-bed | 955 sqft | AED 1.01MAED 1,008,888 · Mar 2020March 2020 | 88,000 /yr | |
| 1208 | 1-bed | 688 sqft | AED 800KAED 799,888 · May 2021May 2021 | 40,000 /yr | |
| 1209 | 1-bed | 710 sqft | AED 751KAED 750,888 · Mar 2020March 2020 | ||
| 1210 | 2-bed | 951 sqft | AED 820KAED 820,000 · Jun 2023June 2023 | 86,000 /yr | |
| 1211 | 2-bed | 953 sqft | AED 1.33MAED 1,325,000 · Sep 2025September 2025 | 120,000 /yr | |
| 1212 | 2-bed | 1,027 sqft | AED 1.01MAED 1,008,888 · Apr 2020April 2020 | ||
| 1213 | 2-bed | 939 sqft | AED 820KAED 820,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1214 | 2-bed | 934 sqft | AED 830KAED 830,000 · Nov 2023November 2023 | 90,000 /yr | |
| 1215 | 2-bed | 940 sqft | AED 952KAED 951,888 · Mar 2020March 2020 | 85,000 /yr | |
| 1216 | 2-bed | 936 sqft | AED 1.01MAED 1,008,888 · Aug 2021August 2021 | 85,000 /yr | |
| 1217 | 2-bed | 1,143 sqft | AED 1.22MAED 1,220,000 · Dec 2025December 2025 | 75,000 /yr |
1203, Parkviews Rawda Apartments in numbers
- Sold twice: first on 19 August 2021 for AED 1,520,888, last on 23 May 2023 for AED 1,300,000 (AED 903 per sqft).
- Rented since January 2022 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 23,400 a year (AED 16.27 per sqft).
- Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 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 23 May 2023.
Questions about 1203, Parkviews Rawda Apartments
What did unit 1203 last sell for?
AED 1,300,000 on 23 May 2023: AED 903 per sqft for 1,439 sqft. The unit has 2 registered sales; the first was AED 1,520,888 in August 2021.
What is the rent for unit 1203?
AED 75,000 a year on the contract signed on 1 January 2022.
How big is unit 1203?
1,439 sqft (133.7 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.
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Mortgage on 1203, Parkviews Rawda Apartments
Starts from the last sale price (AED 1.3M, 23 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →