2-bed · 934 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1214, Parkviews Rawda Apartments

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

Unit 1214 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 830K13 November 2023
Current rentAED 90K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Parkviews Rawda Apartments

What is 1214 worth today?

Last sold for AED 830,000 in 2023

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10 Dec 2025RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
10 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
13 Nov 2023SoldReady
AED 830,000AED 888 per sqft
13 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
19 Apr 2020Sold by developerReady
AED 947,888AED 1,015 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
12th of 12
Parking
P-216
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 830K · November 2023

About 1214, Parkviews Rawda Apartments

1214 is a two-bedroom apartment of 934 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 13 November 2023 for AED 830,000, or AED 888 per sqft, in line with the AED 872 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 December 2025, is AED 90,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, 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, April 2020: AED 947,888 (AED 1,015 per sqft)Sold, November 2023: AED 830,000 (AED 888 per sqft)

1214 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1214, 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, November 2023: AED 75,000 a yearNew contract, December 2024: AED 90,000 a yearRenewal, December 2025: AED 90,000 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 1214 sits

All 120 2-beds →

1214 last sold in November 2023 at AED 888 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 872). 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. 1214's AED 90,000 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

1214, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 19 April 2020 for AED 947,888, last on 13 November 2023 for AED 830,000 (AED 888 per sqft).
  • Rented since November 2023 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 10.8%, before a service charge of about AED 15,200 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 10 December 2025.

Questions about 1214, Parkviews Rawda Apartments

What did unit 1214 last sell for?

AED 830,000 on 13 November 2023: AED 888 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 947,888 in April 2020.

What is the rent for unit 1214?

AED 90,000 a year on the contract renewed on 10 December 2025. The previous contract, from December 2024, was AED 90,000; the unit has been rented since November 2023.

How big is unit 1214?

934 sqft (86.8 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1214 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 1214, Parkviews Rawda Apartments

Starts from the last sale price (AED 830K, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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