3-bed · 1,467 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1204, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 1.54M1 November 2021
Current rentAED 102K /yr22 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Parkviews Rawda Apartments

What is 1204 worth today?

Last sold for AED 1,538,888 in 2021

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22 Jan 2026RentedRenewal
AED 101,997/yr6 months · AED 70 per sqft
22 Jan 2025RentedRenewal
AED 96,600/yr12 months · AED 66 per sqft
22 Jan 2025RentedRenewal
AED 96,600/yr12 months · AED 66 per sqft
22 Jan 2024RentedRenewal
AED 92,000/yr12 months · AED 63 per sqft
22 Jan 2023RentedNew contract
AED 92,000/yr12 months · AED 63 per sqft
22 Jan 2022RentedNew contract
AED 92,000/yr12 months · AED 63 per sqft
1 Nov 2021Sold by developerReady
AED 1,538,888AED 1,049 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
3-bed apartment
Size
1,467 sqft
Floor
12th of 12
Parking
G-58
Developer
Nshama Properties
Completed
2020
Service charge
AED 23,900 /yr
Last sold
AED 1.54M · November 2021

About 1204, Parkviews Rawda Apartments

1204 is a three-bedroom apartment of 1,467 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 1 November 2021 for AED 1,538,888, or AED 1,049 per sqft, in line with the AED 1,058 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 22 January 2026, is AED 101,997 a year: a gross yield of 6.6% on the 2021 price, before the service charge of about AED 23,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, November 2021: AED 1,538,888 (AED 1,049 per sqft)

1204 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1204, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000New contract, January 2022: AED 92,000 a yearNew contract, January 2023: AED 92,000 a yearRenewal, January 2024: AED 92,000 a yearRenewal, January 2025: AED 96,600 a yearRenewal, January 2025: AED 96,600 a yearRenewal, January 2026: AED 101,997 a year

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 1204 sits

All 36 3-beds →

1204 last sold in November 2021 at AED 1,049 per sqft, in line with what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,058). 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. 1204's AED 101,997 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-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
12011-bedAED 790K · Mar 2020
12021-bedAED 860K · Aug 2025
12033-bedAED 1.3M · May 2023
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

1204, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 1 November 2021 for AED 1,538,888, or AED 1,049 per sqft.
  • Rented since January 2022 on 6 Ejari contracts, from AED 92,000 to AED 101,997 a year.
  • At AED 101,997 a year the gross yield on the 2021 price is 6.6%, before a service charge of about AED 23,900 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 22 January 2026.

Questions about 1204, Parkviews Rawda Apartments

What did unit 1204 last sell for?

AED 1,538,888 on 1 November 2021, sold by the developer: AED 1,049 per sqft for 1,467 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 101,997 a year on the contract renewed on 22 January 2026. The previous contract, from January 2025, was AED 96,600; the unit has been rented since January 2022.

How big is unit 1204?

1,467 sqft (136.3 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1204 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 1204, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.54M, 1 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,538,888
Deposit, UAE resident (20%)
AED 307,778
Deposit, non-resident (40%)
AED 615,555
Monthly over 25 years at 3.7%
AED 6,296

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