2-bed · 992 sqftParkviews Rawda Apartments, Town Square · 3rd floor · completed 2020

316, Parkviews Rawda Apartments

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

Unit 316 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 959K1 September 2020
Current rentAED 76K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Parkviews Rawda Apartments

What is 316 worth today?

Last sold for AED 958,888 in 2020

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1 Oct 2025RentedRenewal
AED 76,000/yr12 months · AED 77 per sqft
1 Oct 2024RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
1 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 61 per sqft
1 Oct 2022RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
1 Sep 2020Sold by developerReady
AED 958,888AED 966 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
992 sqft
Floor
3rd of 12
Parking
P-228
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 959K · September 2020

About 316, Parkviews Rawda Apartments

316 is a two-bedroom apartment of 992 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 1 September 2020 for AED 958,888, or AED 966 per sqft, 3% below the AED 997 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 76,000 a year: a gross yield of 7.9% on the 2020 price, before the service charge of about AED 16,100 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, September 2020: AED 958,888 (AED 966 per sqft)

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

Rents
Unit 316, 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, October 2020: AED 45,000 a yearRenewal, October 2022: AED 55,000 a yearRenewal, October 2023: AED 60,000 a yearRenewal, October 2024: AED 70,000 a yearRenewal, October 2025: AED 76,000 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 316 sits

All 120 2-beds →

316 last sold in September 2020 at AED 966 per sqft, 3% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 997). 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. 316's AED 76,000 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
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

316, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 1 September 2020 for AED 958,888, or AED 966 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 45,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2020 price is 7.9%, before a service charge of about AED 16,100 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 October 2025.

Questions about 316, Parkviews Rawda Apartments

What did unit 316 last sell for?

AED 958,888 on 1 September 2020, sold by the developer: AED 966 per sqft for 992 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 76,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 70,000; the unit has been rented since October 2020.

How big is unit 316?

992 sqft (92.2 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 316 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 316, Parkviews Rawda Apartments

Starts from the last sale price (AED 959K, 1 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 958,888
Deposit, UAE resident (20%)
AED 191,778
Deposit, non-resident (40%)
AED 383,555
Monthly over 25 years at 3.7%
AED 3,923

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