2-bed · 954 sqftParkviews Rawda Apartments, Town Square · 4th floor · completed 2020

407, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.12M12 May 2025
Current rentAED 105K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Parkviews Rawda Apartments

What is 407 worth today?

Last sold for AED 1,120,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2026RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
20 Oct 2025RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
12 May 2025SoldReady
AED 1,120,000AED 1,173 per sqft
20 Oct 2024RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
20 Oct 2023RentedRenewal
AED 54,000/yr12 months · AED 57 per sqft
20 Oct 2022RentedRenewal
AED 47,000/yr12 months · AED 49 per sqft
20 Oct 2021RentedNew contract
AED 44,000/yr12 months · AED 46 per sqft
1 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
954 sqft
Floor
4th of 12
Parking
P-170
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,500 /yr
Last sold
AED 1.12M · May 2025

About 407, Parkviews Rawda Apartments

407 is a two-bedroom apartment of 954 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 12 May 2025 for AED 1,120,000, or AED 1,173 per sqft, in line with the AED 1,170 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 February 2026, is AED 105,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 15,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 1,001,888 (AED 1,049 per sqft)Sold, May 2025: AED 1,120,000 (AED 1,173 per sqft)

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

Rents
Unit 407, 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, September 2020: AED 48,000 a yearNew contract, October 2021: AED 44,000 a yearRenewal, October 2022: AED 47,000 a yearRenewal, October 2023: AED 54,000 a yearRenewal, October 2024: AED 62,000 a yearRenewal, October 2025: AED 75,000 a yearNew contract, February 2026: AED 105,000 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 407 sits

All 120 2-beds →

407 last sold in May 2025 at AED 1,173 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,170). 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. 407's AED 105,000 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
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
4062-bedAED 1.03M · Jun 2026
4081-bedAED 780K · Jul 2024
1–7 of 16

407, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 27 February 2020 for AED 1,001,888, last on 12 May 2025 for AED 1,120,000 (AED 1,173 per sqft).
  • Rented since September 2020 on 7 Ejari contracts, from AED 48,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 15,500 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 February 2026.

Questions about 407, Parkviews Rawda Apartments

What did unit 407 last sell for?

AED 1,120,000 on 12 May 2025: AED 1,173 per sqft for 954 sqft. The unit has 2 registered sales; the first was AED 1,001,888 in February 2020.

What is the rent for unit 407?

AED 105,000 a year on the contract signed on 1 February 2026. The previous contract, from October 2025, was AED 75,000; the unit has been rented since September 2020.

How big is unit 407?

954 sqft (88.6 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2020.

What is unit 407 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.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.12M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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