2-bed · 940 sqftParkviews Rawda Apartments, Town Square · 12th floor · completed 2020

1215, 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 1215 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 952K15 March 2020
Current rentAED 85K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Parkviews Rawda Apartments

What is 1215 worth today?

Last sold for AED 951,888 in 2020

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1 Oct 2026RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
1 Oct 2025RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
1 Oct 2024RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
1 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
1 Oct 2022RentedRenewal
AED 41,000/yr12 months · AED 44 per sqft
1 Oct 2021RentedRenewal
AED 38,000/yr12 months · AED 41 per sqft
1 Oct 2020RentedNew contract
AED 38,000/yr12 months · AED 41 per sqft
15 Mar 2020Sold by developerOff-plan
AED 951,888AED 1,012 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
12th of 12
Parking
P-209
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 952K · March 2020

About 1215, Parkviews Rawda Apartments

1215 is a two-bedroom apartment of 940 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 15 March 2020 for AED 951,888, or AED 1,012 per sqft, in line with the AED 1,008 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 85,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1215 over time

Sales
Unit 1215, 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 951,888 (AED 1,012 per sqft)

1215 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1215, 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 2020: AED 38,000 a yearRenewal, October 2021: AED 38,000 a yearRenewal, October 2022: AED 41,000 a yearRenewal, October 2023: AED 65,000 a yearRenewal, October 2024: AED 85,000 a yearRenewal, October 2025: AED 85,000 a yearRenewal, October 2026: AED 85,000 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 1215 sits

All 120 2-beds →

1215 last sold in March 2020 at AED 1,012 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,008). 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. 1215's AED 85,000 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

1215, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 15 March 2020 for AED 951,888, or AED 1,012 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 38,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 8.9%, 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 1 October 2026.

Questions about 1215, Parkviews Rawda Apartments

What did unit 1215 last sell for?

AED 951,888 on 15 March 2020, sold by the developer: AED 1,012 per sqft for 940 sqft. It is the only registered sale of the unit.

What is the rent for unit 1215?

AED 85,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since October 2020.

How big is unit 1215?

940 sqft (87.3 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.

What is unit 1215 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 1215, Parkviews Rawda Apartments

Starts from the last sale price (AED 952K, 15 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 951,888
Deposit, UAE resident (20%)
AED 190,378
Deposit, non-resident (40%)
AED 380,755
Monthly over 25 years at 3.7%
AED 3,894

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