2-bed · 978 sqftParkviews Rawda Apartments, Town Square · 2nd floor · completed 2020

216, Parkviews Rawda Apartments

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

Unit 216 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 973K14 April 2020
Current rentAED 36K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Parkviews Rawda Apartments

What is 216 worth today?

Last sold for AED 972,888 in 2020

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1 Sep 2026RentedRenewal
AED 36,000/yr12 months · AED 37 per sqft
1 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
1 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 37 per sqft
14 Apr 2020Sold by developerReady
AED 972,888AED 994 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
978 sqft
Floor
2nd of 12
Parking
P-285
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 973K · April 2020

About 216, Parkviews Rawda Apartments

216 is a two-bedroom apartment of 978 sqft on the 2nd floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 14 April 2020 for AED 972,888, or AED 994 per sqft, in line with the AED 999 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 1 September 2026, is AED 36,000 a year: a gross yield of 3.7% on the 2020 price, before the service charge of about AED 15,900 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 972,888 (AED 994 per sqft)

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

Rents
Unit 216, 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, September 2024: AED 36,000 a yearRenewal, September 2025: AED 85,000 a yearRenewal, September 2026: AED 36,000 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 216 sits

All 120 2-beds →

216 last sold in April 2020 at AED 994 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 999). 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. 216's AED 36,000 is at the bottom 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
2072-bedAED 975K · Apr 2024
1–7 of 16

216, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 14 April 2020 for AED 972,888, or AED 994 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2020 price is 3.7%, before a service charge of about AED 15,900 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 September 2026.

Questions about 216, Parkviews Rawda Apartments

What did unit 216 last sell for?

AED 972,888 on 14 April 2020, sold by the developer: AED 994 per sqft for 978 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 36,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since September 2024.

How big is unit 216?

978 sqft (90.9 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2020.

What is unit 216 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 216, Parkviews Rawda Apartments

Starts from the last sale price (AED 973K, 14 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 972,888
Deposit, UAE resident (20%)
AED 194,578
Deposit, non-resident (40%)
AED 389,155
Monthly over 25 years at 3.7%
AED 3,980

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