1-bed · 710 sqftParkviews Rawda Apartments, Town Square · 5th floor · completed 2020

502, Parkviews Rawda Apartments

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

Unit 502 · DLD and Ejari recordsUpdated 11 July 2026
Last soldAED 940K4 February 2026
Current rentAED 65K /yr11 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Parkviews Rawda Apartments

What is 502 worth today?

Last sold for AED 940,000 in 2026

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11 Jul 2026RentedNew contract
AED 64,817/yr7 months · AED 91 per sqft
4 Feb 2026SoldReady
AED 940,000AED 1,323 per sqft
11 Jul 2025RentedRenewal
AED 65,000/yr12 months · AED 91 per sqft
11 Jul 2024RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
22 May 2024Sold by developerReady
AED 750,888AED 1,056 per sqft
3 May 2023RentedNew contract
AED 34,000/yr12 months · AED 48 per sqft
3 May 2022RentedNew contract
AED 34,000/yr12 months · AED 48 per sqft
6 Dec 2021RentedRenewal
AED 29,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type
1-bed apartment
Size
710 sqft
Floor
5th of 12
Parking
P-366
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 940K · February 2026

About 502, Parkviews Rawda Apartments

502 is a one-bedroom apartment of 710 sqft on the 5th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 4 February 2026 for AED 940,000, or AED 1,323 per sqft, 12% above the AED 1,178 one-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 11 July 2026, is AED 64,817 a year: a gross yield of 6.9% on the 2026 price, before the service charge of about AED 11,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 2024: AED 750,888 (AED 1,056 per sqft)Sold, February 2026: AED 940,000 (AED 1,323 per sqft)

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

Rents
Unit 502, 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 64,909New contract, December 2020: AED 29,000 a yearRenewal, December 2021: AED 29,000 a yearNew contract, May 2022: AED 34,000 a yearNew contract, May 2023: AED 34,000 a yearNew contract, July 2024: AED 65,000 a yearRenewal, July 2025: AED 65,000 a yearNew contract, July 2026: AED 64,817 a year

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 502 sits

All 48 1-beds →

502 last sold in February 2026 at AED 1,323 per sqft, 12% above what one-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,178). 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. 502's AED 64,817 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026900,000
21 Apr 2026910,000
3 Feb 2026850,000
28 Jan 2026940,000
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
5011-bedAED 781K · Aug 2020
5033-bedAED 2.1M · Sep 2025
5043-bedAED 1.78M · Nov 2024
5053-bedAED 2.35M · Feb 2026
5062-bedAED 1.01M · Aug 2020
5072-bedAED 991K · Jan 2023
5081-bedAED 820K · Jan 2025
1–7 of 16

502, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 22 May 2024 for AED 750,888, last on 4 February 2026 for AED 940,000 (AED 1,323 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 29,000 to AED 64,817 a year.
  • At AED 64,817 a year the gross yield on the 2026 price is 6.9%, before a service charge of about AED 11,600 a year (AED 16.27 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 11 July 2026.

Questions about 502, Parkviews Rawda Apartments

What did unit 502 last sell for?

AED 940,000 on 4 February 2026: AED 1,323 per sqft for 710 sqft. The unit has 2 registered sales; the first was AED 750,888 in May 2024.

What is the rent for unit 502?

AED 64,817 a year on the contract signed on 11 July 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since December 2020.

How big is unit 502?

710 sqft (66.0 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 502 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 502, Parkviews Rawda Apartments

Starts from the last sale price (AED 940K, 4 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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