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

414, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 952K27 February 2020
Current rentAED 192K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Parkviews Rawda Apartments

What is 414 worth today?

Last sold for AED 951,888 in 2020

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7 Sep 2024RentedNew contract
AED 192,000/yr12 months · AED 206 per sqft
7 Sep 2024RentedNew contract · flagged as an outlier
AED 192,000/yr12 months · AED 206 per sqft
27 Feb 2020Sold by developerOff-plan
AED 951,888AED 1,019 per sqft

Source: Dubai Land Department. Updated 7 September 2024.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
4th of 12
Parking
P-193
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 952K · February 2020

About 414, Parkviews Rawda Apartments

414 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. The developer sold it on 27 February 2020 for AED 951,888, or AED 1,019 per sqft, in line with the AED 1,019 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 7 September 2024, is AED 192,000 a year: a gross yield of 20.2% on the 2020 price, before the service charge of about AED 15,200 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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 951,888 (AED 1,019 per sqft)

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

Rents
Unit 414, each contractTypical two-bed in Parkviews Rawda Apartments
100K200K2020202220242026Typical 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 2024: AED 192,000 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 414 sits

All 120 2-beds →

414 last sold in February 2020 at AED 1,019 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,019). 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. 414's AED 192,000 is at the top 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
4072-bedAED 1.12M · May 2025
1–7 of 16

414, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 27 February 2020 for AED 951,888, or AED 1,019 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 192,000 a year.
  • At AED 192,000 a year the gross yield on the 2020 price is 20.2%, 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 7 September 2024.

Questions about 414, Parkviews Rawda Apartments

What did unit 414 last sell for?

AED 951,888 on 27 February 2020, sold by the developer: AED 1,019 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 192,000 a year on the contract signed on 7 September 2024. The previous contract, from September 2024, was AED 192,000.

How big is unit 414?

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

What is unit 414 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 414, Parkviews Rawda Apartments

Starts from the last sale price (AED 952K, 27 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 951,888
Deposit, UAE resident (20%)
AED 190,378
Deposit, non-resident (40%)
AED 380,755
Monthly over 25 years at 3.7%
AED 3,894

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