3-bed · 1,520 sqftParkviews Rawda Apartments, Town Square · 2nd floor · completed 2020

204, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.83M28 November 2024
Current rentAED 110K /yr2 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Parkviews Rawda Apartments

What is 204 worth today?

Last sold for AED 1,825,000 in 2024

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28 Nov 2024SoldReady
AED 1,825,000AED 1,200 per sqft
2 Sep 2023RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft
2 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
1 Nov 2021Sold by developerReady
AED 1,515,888AED 997 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
2nd of 12
Parking
G-77
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 1.83M · November 2024

About 204, Parkviews Rawda Apartments

204 is a three-bedroom apartment of 1,520 sqft on the 2nd floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 28 November 2024 for AED 1,825,000, or AED 1,200 per sqft, 13% above the AED 1,061 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 September 2023, is AED 110,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 24,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, November 2021: AED 1,515,888 (AED 997 per sqft)Sold, November 2024: AED 1,825,000 (AED 1,200 per sqft)

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

Rents
Unit 204, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000New contract, September 2022: AED 110,000 a yearRenewal, September 2023: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 204 sits

All 36 3-beds →

204 last sold in November 2024 at AED 1,200 per sqft, 13% above what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,061). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year. 204's AED 110,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-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 →
Value
2011-bedAED 750K · Mar 2024
2021-bedAED 751K · Apr 2020
2033-bedAED 1.85M · Oct 2025
2053-bedAED 1.67M · Jun 2021
2062-bedAED 984K · Jun 2020
2072-bedAED 975K · Apr 2024
2081-bedAED 745K · Jun 2020
1–7 of 16

204, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 1 November 2021 for AED 1,515,888, last on 28 November 2024 for AED 1,825,000 (AED 1,200 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 24,700 a year (AED 16.27 per sqft).
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 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 28 November 2024.

Questions about 204, Parkviews Rawda Apartments

What did unit 204 last sell for?

AED 1,825,000 on 28 November 2024: AED 1,200 per sqft for 1,520 sqft. The unit has 2 registered sales; the first was AED 1,515,888 in November 2021.

What is the rent for unit 204?

AED 110,000 a year on the contract renewed on 2 September 2023. The previous contract, from September 2022, was AED 110,000.

How big is unit 204?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2020.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 204, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.83M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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