2-bed · 955 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1207, 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 1207 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 1.01M1 March 2020
Current rentAED 88K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Parkviews Rawda Apartments

What is 1207 worth today?

Last sold for AED 1,008,888 in 2020

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25 Apr 2025RentedRenewal
AED 88,000/yr12 months · AED 91 per sqft
25 Apr 2024RentedNew contract
AED 88,000/yr12 months · AED 91 per sqft
10 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
10 Dec 2021RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
10 Dec 2020RentedNew contract
AED 47,000/yr12 months · AED 49 per sqft
1 Mar 2020Sold by developerOff-plan
AED 1,008,888AED 1,055 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
2-bed apartment
Size
955 sqft
Floor
12th of 12
Parking
P-83
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,500 /yr
Last sold
AED 1.01M · March 2020

About 1207, Parkviews Rawda Apartments

1207 is a two-bedroom apartment of 955 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 March 2020 for AED 1,008,888, or AED 1,055 per sqft, 4% above the AED 1,016 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 88,000 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, 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, March 2020: AED 1,008,888 (AED 1,055 per sqft)

1207 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, 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, December 2020: AED 47,000 a yearRenewal, December 2021: AED 50,000 a yearRenewal, December 2022: AED 55,000 a yearNew contract, April 2024: AED 88,000 a yearRenewal, April 2025: AED 88,000 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 1207 sits

All 120 2-beds →

1207 last sold in March 2020 at AED 1,055 per sqft, 4% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,016). 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. 1207's AED 88,000 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 →

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
12053-bedAED 1.85M · Jul 2024
12062-bedAED 1.4M · Feb 2026
12081-bedAED 800K · May 2021
1–7 of 16

1207, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 1 March 2020 for AED 1,008,888, or AED 1,055 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 47,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2020 price is 8.7%, before a service charge of about AED 15,500 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 25 April 2025.

Questions about 1207, Parkviews Rawda Apartments

What did unit 1207 last sell for?

AED 1,008,888 on 1 March 2020, sold by the developer: AED 1,055 per sqft for 955 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 88,000 a year on the contract renewed on 25 April 2025. The previous contract, from April 2024, was AED 88,000; the unit has been rented since December 2020.

How big is unit 1207?

955 sqft (88.7 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1207 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 1207, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.01M, 1 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,008,888
Deposit, UAE resident (20%)
AED 201,778
Deposit, non-resident (40%)
AED 403,555
Monthly over 25 years at 3.7%
AED 4,128

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