3-bed · 1,497 sqftParkviews Rawda Apartments, Town Square · 5th floor · completed 2020

503, Parkviews Rawda Apartments

Sold prices and rental history: sold 3 times, last in September 2025, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 8 September 2025
Last soldAED 2.1M8 September 2025
Current rentAED 90K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Parkviews Rawda Apartments

What is 503 worth today?

Last sold for AED 2,100,000 in 2025

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8 Sep 2025SoldReady
AED 2,100,000AED 1,402 per sqft
17 Jan 2024SoldReady
AED 1,480,000AED 988 per sqft
10 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
24 Aug 2021Sold by developerReady
AED 1,631,888AED 1,090 per sqft

Source: Dubai Land Department. Updated 8 September 2025.

Key facts

Type
3-bed apartment
Size
1,497 sqft
Floor
5th of 12
Parking
G-112,B-242
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,400 /yr
Last sold
AED 2.1M · September 2025

About 503, Parkviews Rawda Apartments

503 is a three-bedroom apartment of 1,497 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 8 September 2025 for AED 2,100,000, or AED 1,402 per sqft, 10% above the AED 1,272 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2021. The current contract, signed on 10 November 2021, is AED 90,000 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 24,400 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, August 2021: AED 1,631,888 (AED 1,090 per sqft)Sold, January 2024: AED 1,480,000 (AED 988 per sqft)Sold, September 2025: AED 2,100,000 (AED 1,402 per sqft)

503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 503, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000New contract, November 2021: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 503 sits

All 36 3-beds →

503 last sold in September 2025 at AED 1,402 per sqft, 10% above what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,272). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year. 503's AED 90,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-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
5021-bedAED 940K · Feb 2026
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

503, Parkviews Rawda Apartments in numbers

  • Sold 3 times: first on 24 August 2021 for AED 1,631,888, last on 8 September 2025 for AED 2,100,000 (AED 1,402 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 24,400 a year (AED 16.27 per sqft).
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 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 8 September 2025.

Questions about 503, Parkviews Rawda Apartments

What did unit 503 last sell for?

AED 2,100,000 on 8 September 2025: AED 1,402 per sqft for 1,497 sqft. The unit has 3 registered sales; the first was AED 1,631,888 in August 2021.

What is the rent for unit 503?

AED 90,000 a year on the contract signed on 10 November 2021.

How big is unit 503?

1,497 sqft (139.1 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 503, Parkviews Rawda Apartments

Starts from the last sale price (AED 2.1M, 8 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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