2-bed · 939 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1213, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in July 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 820K20 July 2023
Current rentAED 50K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1213, Parkviews Rawda Apartments

What is 1213 worth today?

Last sold for AED 820,000 in 2023

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20 Jul 2023SoldReady
AED 820,000AED 872 per sqft
1 Oct 2022RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
1 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
10 Mar 2020Sold by developerOff-plan
AED 958,888AED 1,020 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
2-bed apartment
Size
939 sqft
Floor
12th of 12
Parking
P-215
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 820K · July 2023

About 1213, Parkviews Rawda Apartments

1213 is a two-bedroom apartment of 939 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 20 July 2023 for AED 820,000, or AED 872 per sqft, in line with the AED 861 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 50,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1213 over time

Sales
Unit 1213, 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 958,888 (AED 1,020 per sqft)Sold, July 2023: AED 820,000 (AED 872 per sqft)

1213 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1213, 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, October 2021: AED 45,000 a yearRenewal, October 2022: AED 50,000 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 1213 sits

All 120 2-beds →

1213 last sold in July 2023 at AED 872 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 861). 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. 1213's AED 50,000 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
12072-bedAED 1.01M · Mar 2020
1–7 of 16

1213, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 10 March 2020 for AED 958,888, last on 20 July 2023 for AED 820,000 (AED 872 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 45,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 15,300 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 20 July 2023.

Questions about 1213, Parkviews Rawda Apartments

What did unit 1213 last sell for?

AED 820,000 on 20 July 2023: AED 872 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 958,888 in March 2020.

What is the rent for unit 1213?

AED 50,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 45,000.

How big is unit 1213?

939 sqft (87.2 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1213 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 1213, Parkviews Rawda Apartments

Starts from the last sale price (AED 820K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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