1-bed · 687 sqftParkviews Rawda Apartments, Town Square · 4th floor · completed 2020

408, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 780K23 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Parkviews Rawda Apartments

What is 408 worth today?

Last sold for AED 780,000 in 2024

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23 Jul 2024SoldReady
AED 780,000AED 1,135 per sqft
18 May 2021Sold by developerReady
AED 760,888AED 1,107 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
1-bed apartment
Size
687 sqft
Floor
4th of 12
Parking
P-299
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 780K · July 2024

About 408, Parkviews Rawda Apartments

408 is a one-bedroom apartment of 687 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 23 July 2024 for AED 780,000, or AED 1,135 per sqft, 11% above the AED 1,019 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Parkviews Rawda Apartments
800K2020202220242026Typical sale price by year: 2020 AED 770,888; 2021 AED 799,888; 2022 AED 670,000; 2023 AED 752,888; 2024 AED 750,888; 2025 AED 855,000; 2026 AED 905,000Sold by developer, May 2021: AED 760,888 (AED 1,107 per sqft)Sold, July 2024: AED 780,000 (AED 1,135 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Parkviews Rawda Apartments
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 64,909

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 408 sits

All 48 1-beds →

408 last sold in July 2024 at AED 1,135 per sqft, 11% 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.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026900,000
21 Apr 2026910,000
4 Feb 2026940,000
3 Feb 2026850,000
7 1-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
4072-bedAED 1.12M · May 2025
1–7 of 16

408, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 18 May 2021 for AED 760,888, last on 23 July 2024 for AED 780,000 (AED 1,135 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 23 July 2024.

Questions about 408, Parkviews Rawda Apartments

What did unit 408 last sell for?

AED 780,000 on 23 July 2024: AED 1,135 per sqft for 687 sqft. The unit has 2 registered sales; the first was AED 760,888 in May 2021.

How big is unit 408?

687 sqft (63.8 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2020.

What is unit 408 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 408, Parkviews Rawda Apartments

Starts from the last sale price (AED 780K, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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