2-bed · 938 sqftParkviews Rawda Apartments, Town Square · 2nd floor · completed 2020

207, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in April 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 975K22 April 2024
Current rentAED 48K /yr3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Parkviews Rawda Apartments

What is 207 worth today?

Last sold for AED 975,000 in 2024

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22 Apr 2024SoldReady
AED 975,000AED 1,039 per sqft
3 Nov 2022RentedRenewal
AED 48,400/yr12 months · AED 52 per sqft
3 Nov 2021RentedRenewal
AED 44,000/yr12 months · AED 47 per sqft
3 Nov 2020RentedNew contract
AED 44,000/yr12 months · AED 47 per sqft
19 Jul 2020Sold by developerReady
AED 958,888AED 1,022 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
2-bed apartment
Size
938 sqft
Floor
2nd of 12
Parking
P-292
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 975K · April 2024

About 207, Parkviews Rawda Apartments

207 is a two-bedroom apartment of 938 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 22 April 2024 for AED 975,000, or AED 1,039 per sqft, 16% above the AED 898 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 3 November 2022, is AED 48,400 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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, July 2020: AED 958,888 (AED 1,022 per sqft)Sold, April 2024: AED 975,000 (AED 1,039 per sqft)

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

Rents
Unit 207, 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 2020: AED 44,000 a yearRenewal, November 2021: AED 44,000 a yearRenewal, November 2022: AED 48,400 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 207 sits

All 120 2-beds →

207 last sold in April 2024 at AED 1,039 per sqft, 16% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 898). 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. 207's AED 48,400 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 →
Value
2011-bedAED 750K · Mar 2024
2021-bedAED 751K · Apr 2020
2033-bedAED 1.85M · Oct 2025
2043-bedAED 1.83M · Nov 2024
2053-bedAED 1.67M · Jun 2021
2062-bedAED 984K · Jun 2020
2081-bedAED 745K · Jun 2020
1–7 of 16

207, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 19 July 2020 for AED 958,888, last on 22 April 2024 for AED 975,000 (AED 1,039 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 44,000 to AED 48,400 a year.
  • At AED 48,400 a year the gross yield on the 2024 price is 5.0%, 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 22 April 2024.

Questions about 207, Parkviews Rawda Apartments

What did unit 207 last sell for?

AED 975,000 on 22 April 2024: AED 1,039 per sqft for 938 sqft. The unit has 2 registered sales; the first was AED 958,888 in July 2020.

What is the rent for unit 207?

AED 48,400 a year on the contract renewed on 3 November 2022. The previous contract, from November 2021, was AED 44,000; the unit has been rented since November 2020.

How big is unit 207?

938 sqft (87.1 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2020.

What is unit 207 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 207, Parkviews Rawda Apartments

Starts from the last sale price (AED 975K, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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