1216, Parkviews Rawda Apartments
Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1216, Parkviews Rawda Apartments
What is 1216 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 936 sqft
- Floor
- 12th of 12
- Parking
- P-208
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,200 /yr
- Last sold
- AED 1.01M · August 2021
- Building
- Parkviews Rawda Apartments
About 1216, Parkviews Rawda Apartments
1216 is a two-bedroom apartment of 936 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 25 August 2021 for AED 1,008,888, or AED 1,078 per sqft, 9% above the AED 987 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 85,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 15,200 a year.
Sales and rents for 1216 over time
1216 has sold once; the dashed line is the two-bed median of each year in the building.
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 1216 sits
All 120 2-beds →1216 last sold in August 2021 at AED 1,078 per sqft, 9% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 987). 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. 1216's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 992 sqft | 1,560,888 | 1,573 | ||
| 16 Jun 202616 June 2026 | 933 sqft | 1,030,000 | 1,104 | ||
| 4 Jun 20264 June 2026 | 1,027 sqft | 1,200,000 | 1,168 | ||
| 13 Feb 202613 February 2026 | 928 sqft | 1,400,000 | 1,508 |
Parkviews Rawda Apartments
Building204 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%
Other units on the 12th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 785 sqft | AED 790KAED 789,888 · Mar 2020March 2020 | 60,000 /yr | |
| 1202 | 1-bed | 706 sqft | AED 860KAED 860,000 · Aug 2025August 2025 | 60,000 /yr | |
| 1203 | 3-bed | 1,439 sqft | AED 1.3MAED 1,300,000 · May 2023May 2023 | 75,000 /yr | |
| 1204 | 3-bed | 1,467 sqft | AED 1.54MAED 1,538,888 · Nov 2021November 2021 | 101,997 /yr | |
| 1205 | 3-bed | 1,580 sqft | AED 1.85MAED 1,850,000 · Jul 2024July 2024 | 120,000 /yr | |
| 1206 | 2-bed | 928 sqft | AED 1.4MAED 1,400,000 · Feb 2026February 2026 | 91,011 /yr | |
| 1207 | 2-bed | 955 sqft | AED 1.01MAED 1,008,888 · Mar 2020March 2020 | 88,000 /yr | |
| 1208 | 1-bed | 688 sqft | AED 800KAED 799,888 · May 2021May 2021 | 40,000 /yr | |
| 1209 | 1-bed | 710 sqft | AED 751KAED 750,888 · Mar 2020March 2020 | ||
| 1210 | 2-bed | 951 sqft | AED 820KAED 820,000 · Jun 2023June 2023 | 86,000 /yr | |
| 1211 | 2-bed | 953 sqft | AED 1.33MAED 1,325,000 · Sep 2025September 2025 | 120,000 /yr | |
| 1212 | 2-bed | 1,027 sqft | AED 1.01MAED 1,008,888 · Apr 2020April 2020 | ||
| 1213 | 2-bed | 939 sqft | AED 820KAED 820,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1214 | 2-bed | 934 sqft | AED 830KAED 830,000 · Nov 2023November 2023 | 90,000 /yr | |
| 1215 | 2-bed | 940 sqft | AED 952KAED 951,888 · Mar 2020March 2020 | 85,000 /yr | |
| 1217 | 2-bed | 1,143 sqft | AED 1.22MAED 1,220,000 · Dec 2025December 2025 | 75,000 /yr |
1216, Parkviews Rawda Apartments in numbers
- Sold once: by Nshama Properties on 25 August 2021 for AED 1,008,888, or AED 1,078 per sqft.
- Rented since March 2024 on 3 Ejari contracts, from AED 80,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2021 price is 8.4%, 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 15 March 2025.
Questions about 1216, Parkviews Rawda Apartments
What did unit 1216 last sell for?
AED 1,008,888 on 25 August 2021, sold by the developer: AED 1,078 per sqft for 936 sqft. It is the only registered sale of the unit.
What is the rent for unit 1216?
AED 85,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 85,000; the unit has been rented since March 2024.
How big is unit 1216?
936 sqft (87.0 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2020.
What is unit 1216 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 1216, Parkviews Rawda Apartments
Starts from the last sale price (AED 1.01M, 25 August 2021). 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 →