402, Parkviews Rawda Apartments
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Parkviews Rawda Apartments
What is 402 worth today?
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Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 710 sqft
- Floor
- 4th of 12
- Parking
- P-298
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 11,600 /yr
- Last sold
- AED 750K · September 2024
- Building
- Parkviews Rawda Apartments
About 402, Parkviews Rawda Apartments
402 is a one-bedroom apartment of 710 sqft on the 4th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 20 September 2024 for AED 750,000, or AED 1,055 per sqft, 4% above the AED 1,019 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 25 September 2024, is AED 50,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Parkviews Rawda Apartments, and where 402 sits
All 48 1-beds →402 last sold in September 2024 at AED 1,055 per sqft, 4% above what one-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,019). Over the last 12 months one-beds sold for AED 810,000 to 940,000, around AED 1,162 per sqft, and rent for AED 40,000 to 77,000 a year. 402's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,332 sqft | 900,000 | 675 | ||
| 21 Apr 202621 April 2026 | 804 sqft | 910,000 | 1,131 | ||
| 4 Feb 20264 February 2026 | 710 sqft | 940,000 | 1,323 | ||
| 3 Feb 20263 February 2026 | 809 sqft | 850,000 | 1,050 |
Parkviews Rawda Apartments
Building204 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%
Other units on the 4th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 804 sqft | AED 735KAED 735,000 · Sep 2024September 2024 | 63,900 /yr | |
| 403 | 3-bed | 1,497 sqft | AED 1.55MAED 1,550,888 · Dec 2023December 2023 | ||
| 404 | 3-bed | 1,520 sqft | AED 1.52MAED 1,524,888 · Nov 2021November 2021 | 130,000 /yr | |
| 405 | 3-bed | 1,582 sqft | AED 1.68MAED 1,683,888 · Jun 2021June 2021 | ||
| 406 | 2-bed | 933 sqft | AED 1.03MAED 1,030,000 · Jun 2026June 2026 | 61,268 /yr | |
| 407 | 2-bed | 954 sqft | AED 1.12MAED 1,120,000 · May 2025May 2025 | 105,000 /yr | |
| 408 | 1-bed | 687 sqft | AED 780KAED 780,000 · Jul 2024July 2024 | ||
| 409 | 1-bed | 809 sqft | AED 1MAED 1,000,888 · Jan 2025January 2025 | 75,000 /yr | |
| 410 | 2-bed | 952 sqft | AED 1.08MAED 1,080,000 · Aug 2024August 2024 | 120,000 /yr | |
| 411 | 2-bed | 1,048 sqft | AED 990KAED 989,888 · May 2020May 2020 | 80,850 /yr | |
| 412 | 2-bed | 1,030 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 85,000 /yr | |
| 413 | 2-bed | 935 sqft | AED 840KAED 840,000 · Nov 2023November 2023 | 90,000 /yr | |
| 414 | 2-bed | 933 sqft | AED 952KAED 951,888 · Feb 2020February 2020 | 192,000 /yr | |
| 415 | 2-bed | 947 sqft | AED 953KAED 952,888 · Apr 2021April 2021 | 83,000 /yr | |
| 416 | 2-bed | 992 sqft | AED 961KAED 960,888 · Jul 2021July 2021 | 96,000 /yr | |
| 417 | 2-bed | 1,144 sqft | AED 1.09MAED 1,090,888 · Feb 2020February 2020 | 95,000 /yr |
402, Parkviews Rawda Apartments in numbers
- Sold twice: first on 11 February 2020 for AED 764,888, last on 20 September 2024 for AED 750,000 (AED 1,055 per sqft).
- Rented since September 2021 on 4 Ejari contracts, from AED 36,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 11,600 a year (AED 16.27 per sqft).
- One-beds in Parkviews Rawda Apartments sold for AED 810,000–940,000 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 25 September 2024.
Questions about 402, Parkviews Rawda Apartments
What did unit 402 last sell for?
AED 750,000 on 20 September 2024: AED 1,055 per sqft for 710 sqft. The unit has 2 registered sales; the first was AED 764,888 in February 2020.
What is the rent for unit 402?
AED 50,000 a year on the contract signed on 25 September 2024. The previous contract, from September 2023, was AED 45,000; the unit has been rented since September 2021.
How big is unit 402?
710 sqft (66.0 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2020.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Parkviews Rawda Apartments sold for AED 810,000 to 940,000 in the last 12 months, around AED 1,162 per sqft.
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Mortgage on 402, Parkviews Rawda Apartments
Starts from the last sale price (AED 750K, 20 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →