2-bed · 1,048 sqftParkviews Rawda Apartments, Town Square · 3rd floor · completed 2020

311, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 944K10 August 2020
Current rentAED 110K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Parkviews Rawda Apartments

What is 311 worth today?

Last sold for AED 943,888 in 2020

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1 Aug 2026RentedNew contract
AED 110,000/yr12 months · AED 105 per sqft
1 Dec 2024RentedRenewal
AED 69,581/yr5 months · AED 66 per sqft
1 Dec 2023RentedRenewal
AED 70,000/yr12 months · AED 67 per sqft
1 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
16 Mar 2022RentedRenewal
AED 52,000/yr12 months · AED 50 per sqft
16 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
10 Aug 2020Sold by developerReady
AED 943,888AED 900 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,048 sqft
Floor
3rd of 12
Parking
P-223
Developer
Nshama Properties
Completed
2020
Service charge
AED 17,100 /yr
Last sold
AED 944K · August 2020

About 311, Parkviews Rawda Apartments

311 is a two-bedroom apartment of 1,048 sqft on the 3rd floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 10 August 2020 for AED 943,888, or AED 900 per sqft, 10% below the AED 1,002 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 August 2026, is AED 110,000 a year: a gross yield of 11.7% on the 2020 price, before the service charge of about AED 17,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, August 2020: AED 943,888 (AED 900 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Parkviews Rawda Apartments
50K100K2020202220242026Typical 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, March 2021: AED 45,000 a yearRenewal, March 2022: AED 52,000 a yearNew contract, December 2022: AED 70,000 a yearRenewal, December 2023: AED 70,000 a yearRenewal, December 2024: AED 69,581 a yearNew contract, August 2026: AED 110,000 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 311 sits

All 120 2-beds →

311 last sold in August 2020 at AED 900 per sqft, 10% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,002). 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. 311's AED 110,000 is in the upper 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
3011-bedAED 820K · Jan 2024
3021-bedAED 751K · Aug 2020
3033-bedAED 2.11M · Sep 2025
3043-bedAED 1.55M · Mar 2024
3053-bedAED 1.68M · Apr 2021
3062-bedAED 1M · Jul 2020
3072-bedAED 983K · Aug 2020
1–7 of 16

311, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 10 August 2020 for AED 943,888, or AED 900 per sqft.
  • Rented since March 2021 on 6 Ejari contracts, from AED 45,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 11.7%, before a service charge of about AED 17,100 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 August 2026.

Questions about 311, Parkviews Rawda Apartments

What did unit 311 last sell for?

AED 943,888 on 10 August 2020, sold by the developer: AED 900 per sqft for 1,048 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 110,000 a year on the contract signed on 1 August 2026. The previous contract, from December 2024, was AED 69,581; the unit has been rented since March 2021.

How big is unit 311?

1,048 sqft (97.4 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 311 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 311, Parkviews Rawda Apartments

Starts from the last sale price (AED 944K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 943,888
Deposit, UAE resident (20%)
AED 188,778
Deposit, non-resident (40%)
AED 377,555
Monthly over 25 years at 3.7%
AED 3,862

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