3-bed · 1,580 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1205, Parkviews Rawda Apartments

Sold prices and rental history: sold 3 times, last in July 2024, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 31 July 2024
Last soldAED 1.85M31 July 2024
Current rentAED 120K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Parkviews Rawda Apartments

What is 1205 worth today?

Last sold for AED 1,850,000 in 2024

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31 Jul 2024SoldReady
AED 1,850,000AED 1,170 per sqft
20 Nov 2023RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
25 Sep 2023SoldReady
AED 1,400,000AED 885 per sqft
16 May 2021Sold by developerReady
AED 1,710,888AED 1,082 per sqft

Source: Dubai Land Department. Updated 31 July 2024.

Key facts

Type
3-bed apartment
Size
1,580 sqft
Floor
12th of 12
Parking
G-57
Developer
Nshama Properties
Completed
2020
Service charge
AED 25,700 /yr
Last sold
AED 1.85M · July 2024

About 1205, Parkviews Rawda Apartments

1205 is a three-bedroom apartment of 1,580 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 31 July 2024 for AED 1,850,000, or AED 1,170 per sqft, 13% above the AED 1,035 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2023. The current contract, signed on 20 November 2023, is AED 120,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 25,700 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, May 2021: AED 1,710,888 (AED 1,082 per sqft)Sold, September 2023: AED 1,400,000 (AED 885 per sqft)Sold, July 2024: AED 1,850,000 (AED 1,170 per sqft)

1205 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1205, 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, November 2023: AED 120,000 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 1205 sits

All 36 3-beds →

1205 last sold in July 2024 at AED 1,170 per sqft, 13% above what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,035). 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. 1205's AED 120,000 is in the upper 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
12043-bedAED 1.54M · Nov 2021
12062-bedAED 1.4M · Feb 2026
12072-bedAED 1.01M · Mar 2020
12081-bedAED 800K · May 2021
1–7 of 16

1205, Parkviews Rawda Apartments in numbers

  • Sold 3 times: first on 16 May 2021 for AED 1,710,888, last on 31 July 2024 for AED 1,850,000 (AED 1,170 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 25,700 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 31 July 2024.

Questions about 1205, Parkviews Rawda Apartments

What did unit 1205 last sell for?

AED 1,850,000 on 31 July 2024: AED 1,170 per sqft for 1,580 sqft. The unit has 3 registered sales; the first was AED 1,710,888 in May 2021.

What is the rent for unit 1205?

AED 120,000 a year on the contract signed on 20 November 2023.

How big is unit 1205?

1,580 sqft (146.8 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1205 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 1205, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.85M, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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