504, Parkviews Rawda Apartments
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Parkviews Rawda Apartments
What is 504 worth today?
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Source: Dubai Land Department. Updated 7 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,520 sqft
- Floor
- 5th of 12
- Parking
- G-113
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 24,700 /yr
- Last sold
- AED 1.78M · November 2024
- Building
- Parkviews Rawda Apartments
About 504, Parkviews Rawda Apartments
504 is a three-bedroom apartment of 1,520 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 7 November 2024 for AED 1,780,000, or AED 1,171 per sqft, 13% above the AED 1,036 three-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 16 September 2024, is AED 93,500 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 24,700 a year.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the three-bed median of each year in the building.
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 504 sits
All 36 3-beds →504 last sold in November 2024 at AED 1,171 per sqft, 13% above what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,036). 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. 504's AED 93,500 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,581 sqft | 2,100,000 | 1,328 | ||
| 2 Feb 20262 February 2026 | 1,584 sqft | 2,350,000 | 1,483 | ||
| 3 Oct 20253 October 2025 | 1,501 sqft | 1,850,000 | 1,232 | ||
| 8 Sep 20258 September 2025 | 1,501 sqft | 2,105,888 | 1,403 |
Parkviews Rawda Apartments
Building204 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%
Other units on the 5th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 803 sqft | AED 781KAED 780,888 · Aug 2020August 2020 | 62,000 /yr | |
| 502 | 1-bed | 710 sqft | AED 940KAED 940,000 · Feb 2026February 2026 | 64,817 /yr | |
| 503 | 3-bed | 1,497 sqft | AED 2.1MAED 2,100,000 · Sep 2025September 2025 | 90,000 /yr | |
| 505 | 3-bed | 1,584 sqft | AED 2.35MAED 2,350,000 · Feb 2026February 2026 | 135,000 /yr | |
| 506 | 2-bed | 933 sqft | AED 1.01MAED 1,006,888 · Aug 2020August 2020 | 100,000 /yr | |
| 507 | 2-bed | 954 sqft | AED 991KAED 990,888 · Jan 2023January 2023 | 82,000 /yr | |
| 508 | 1-bed | 687 sqft | AED 820KAED 820,000 · Jan 2025January 2025 | 70,000 /yr | |
| 509 | 1-bed | 809 sqft | AED 850KAED 850,000 · Feb 2026February 2026 | 57,000 /yr | |
| 510 | 2-bed | 954 sqft | AED 1.33MAED 1,325,888 · Jan 2025January 2025 | 80,000 /yr | |
| 511 | 2-bed | 1,050 sqft | AED 850KAED 850,000 · Oct 2024October 2024 | 57,750 /yr | |
| 512 | 2-bed | 1,030 sqft | AED 1.02MAED 1,020,888 · Aug 2020August 2020 | 90,000 /yr | |
| 513 | 2-bed | 935 sqft | AED 1.32MAED 1,322,888 · Jul 2025July 2025 | 90,000 /yr | |
| 514 | 2-bed | 933 sqft | AED 996KAED 995,888 · Jan 2024January 2024 | ||
| 515 | 2-bed | 947 sqft | AED 941KAED 940,888 · Sep 2020September 2020 | 85,000 /yr | |
| 516 | 2-bed | 992 sqft | AED 1.56MAED 1,560,888 · Sep 2026September 2026 | 66,000 /yr | |
| 517 | 2-bed | 1,144 sqft | AED 1.08MAED 1,079,888 · Aug 2020August 2020 | 85,000 /yr |
504, Parkviews Rawda Apartments in numbers
- Sold twice: first on 13 August 2020 for AED 1,646,888, last on 7 November 2024 for AED 1,780,000 (AED 1,171 per sqft).
- Rented since September 2020 on 7 Ejari contracts, from AED 58,000 to AED 93,500 a year.
- At AED 93,500 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 24,700 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 7 November 2024.
Questions about 504, Parkviews Rawda Apartments
What did unit 504 last sell for?
AED 1,780,000 on 7 November 2024: AED 1,171 per sqft for 1,520 sqft. The unit has 2 registered sales; the first was AED 1,646,888 in August 2020.
What is the rent for unit 504?
AED 93,500 a year on the contract signed on 16 September 2024. The previous contract, from September 2024, was AED 93,500; the unit has been rented since September 2020.
How big is unit 504?
1,520 sqft (141.2 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.
What is unit 504 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 504, Parkviews Rawda Apartments
Starts from the last sale price (AED 1.78M, 7 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,000
- Deposit, UAE resident (20%)
- AED 356,000
- Deposit, non-resident (40%)
- AED 712,000
- Monthly over 25 years at 3.7%
- AED 7,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →