2-bed · 933 sqftParkviews Rawda Apartments, Town Square · 4th floor · completed 2020

406, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 1.03M16 June 2026
Current rentAED 61K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Parkviews Rawda Apartments

What is 406 worth today?

Last sold for AED 1,030,000 in 2026

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16 Jun 2026SoldReady
AED 1,030,000AED 1,104 per sqft
5 Nov 2024RentedRenewal
AED 61,268/yr8 months · AED 65 per sqft
5 Nov 2023RentedRenewal
AED 56,000/yr12 months · AED 60 per sqft
5 Nov 2022RentedRenewal
AED 53,300/yr12 months · AED 57 per sqft
5 Nov 2021RentedRenewal
AED 49,000/yr12 months · AED 52 per sqft
5 Nov 2020RentedNew contract
AED 49,000/yr12 months · AED 52 per sqft
27 Feb 2020Sold by developerOff-plan
AED 1,005,888AED 1,078 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
4th of 12
Parking
G-79
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 1.03M · June 2026

About 406, Parkviews Rawda Apartments

406 is a two-bedroom apartment of 933 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 16 June 2026 for AED 1,030,000, or AED 1,104 per sqft, 12% below the AED 1,255 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 5 November 2024, is AED 61,268 a year: a gross yield of 5.9% on the 2026 price, before the service charge of about AED 15,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, February 2020: AED 1,005,888 (AED 1,078 per sqft)Sold, June 2026: AED 1,030,000 (AED 1,104 per sqft)

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

Rents
Unit 406, 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, November 2020: AED 49,000 a yearRenewal, November 2021: AED 49,000 a yearRenewal, November 2022: AED 53,300 a yearRenewal, November 2023: AED 56,000 a yearRenewal, November 2024: AED 61,268 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 406 sits

All 120 2-beds →

406 last sold in June 2026 at AED 1,104 per sqft, 12% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,255). 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. 406's AED 61,268 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20261,560,888
4 Jun 20261,200,000
13 Feb 20261,400,000
11 Feb 20261,220,000
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
4011-bedAED 735K · Sep 2024
4021-bedAED 750K · Sep 2024
4033-bedAED 1.55M · Dec 2023
4043-bedAED 1.52M · Nov 2021
4053-bedAED 1.68M · Jun 2021
4072-bedAED 1.12M · May 2025
4081-bedAED 780K · Jul 2024
1–7 of 16

406, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 27 February 2020 for AED 1,005,888, last on 16 June 2026 for AED 1,030,000 (AED 1,104 per sqft).
  • Rented since November 2020 on 5 Ejari contracts, from AED 49,000 to AED 61,268 a year.
  • At AED 61,268 a year the gross yield on the 2026 price is 5.9%, before a service charge of about AED 15,200 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 16 June 2026.

Questions about 406, Parkviews Rawda Apartments

What did unit 406 last sell for?

AED 1,030,000 on 16 June 2026: AED 1,104 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 1,005,888 in February 2020.

What is the rent for unit 406?

AED 61,268 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 56,000; the unit has been rented since November 2020.

How big is unit 406?

933 sqft (86.7 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2020.

What is unit 406 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 406, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.03M, 16 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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