3-bed · 1,520 sqftParkviews Rawda Apartments, Town Square · 4th floor · completed 2020

404, Parkviews Rawda Apartments

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

Unit 404 · DLD and Ejari recordsUpdated 30 July 2026
Last soldAED 1.52M1 November 2021
Current rentAED 130K /yr30 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Parkviews Rawda Apartments

What is 404 worth today?

Last sold for AED 1,524,888 in 2021

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30 Jul 2026RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
30 Jul 2026RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
29 Jul 2026RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
30 Jul 2025RentedNew contract · flagged as an outlier
AED 13,000/yr12 months · AED 9 per sqft
30 Jul 2025RentedNew contract · flagged as an outlier
AED 13,000/yr12 months · AED 9 per sqft
15 Jun 2024RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
10 May 2023RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
10 Nov 2022RentedRenewal
AED 105,000/yr6 months · AED 69 per sqft

Source: Dubai Land Department. Updated 30 July 2026.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
4th of 12
Parking
G-49
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 1.52M · November 2021

About 404, Parkviews Rawda Apartments

404 is a three-bedroom apartment of 1,520 sqft on the 4th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 1 November 2021 for AED 1,524,888, or AED 1,003 per sqft, 5% below the AED 1,058 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, renewed on 30 July 2026, is AED 130,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 24,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, November 2021: AED 1,524,888 (AED 1,003 per sqft)

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

Rents
Unit 404, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000New contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 105,000 a yearRenewal, May 2023: AED 105,000 a yearNew contract, June 2024: AED 125,000 a yearRenewal, July 2026: AED 130,000 a yearRenewal, July 2026: AED 130,000 a yearNew contract, July 2026: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 404 sits

All 36 3-beds →

404 last sold in November 2021 at AED 1,003 per sqft, 5% below what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,058). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year. 404's AED 130,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-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
4011-bedAED 735K · Sep 2024
4021-bedAED 750K · Sep 2024
4033-bedAED 1.55M · Dec 2023
4053-bedAED 1.68M · Jun 2021
4062-bedAED 1.03M · Jun 2026
4072-bedAED 1.12M · May 2025
4081-bedAED 780K · Jul 2024
1–7 of 16

404, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 1 November 2021 for AED 1,524,888, or AED 1,003 per sqft.
  • Rented since November 2021 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 13,000 in 2025 and recovered to AED 130,000 by July 2026.
  • At AED 130,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 24,700 a year (AED 16.27 per sqft).
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 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 30 July 2026.

Questions about 404, Parkviews Rawda Apartments

What did unit 404 last sell for?

AED 1,524,888 on 1 November 2021, sold by the developer: AED 1,003 per sqft for 1,520 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 130,000 a year on the contract renewed on 30 July 2026. The previous contract, from July 2026, was AED 130,000; the unit has been rented since November 2021.

How big is unit 404?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower completed in 2020.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 404, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.52M, 1 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,524,888
Deposit, UAE resident (20%)
AED 304,978
Deposit, non-resident (40%)
AED 609,955
Monthly over 25 years at 3.7%
AED 6,239

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