3-bed · 1,584 sqftParkviews Rawda Apartments, Town Square · 5th floor · completed 2020

505, Parkviews Rawda Apartments

Sold prices and rental history: sold 3 times, 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 505 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 2.35M2 February 2026
Current rentAED 135K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Parkviews Rawda Apartments

What is 505 worth today?

Last sold for AED 2,350,000 in 2026

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15 Apr 2026RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
2 Feb 2026SoldReady
AED 2,350,000AED 1,483 per sqft
17 Jan 2024SoldReady
AED 1,720,000AED 1,085 per sqft
25 Oct 2022RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
25 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
25 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 44 per sqft
23 Sep 2020Sold by developerReady
AED 1,695,888AED 1,070 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
3-bed apartment
Size
1,584 sqft
Floor
5th of 12
Parking
G-114,P-73
Developer
Nshama Properties
Completed
2020
Service charge
AED 25,800 /yr
Last sold
AED 2.35M · February 2026

About 505, Parkviews Rawda Apartments

505 is a three-bedroom apartment of 1,584 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 2 February 2026 for AED 2,350,000, or AED 1,483 per sqft, 9% above the AED 1,356 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 April 2026, is AED 135,000 a year: a gross yield of 5.7% on the 2026 price, before the service charge of about AED 25,800 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2.5M2020202220242026Typical 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, September 2020: AED 1,695,888 (AED 1,070 per sqft)Sold, January 2024: AED 1,720,000 (AED 1,085 per sqft)Sold, February 2026: AED 2,350,000 (AED 1,483 per sqft)

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

Rents
Unit 505, 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, October 2020: AED 70,000 a yearRenewal, October 2021: AED 70,000 a yearRenewal, October 2022: AED 70,000 a yearNew contract, April 2026: AED 135,000 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 505 sits

All 36 3-beds →

505 last sold in February 2026 at AED 1,483 per sqft, 9% above what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,356). 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. 505's AED 135,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
3 Oct 20251,850,000
8 Sep 20252,105,888
8 Sep 20252,100,000
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
5033-bedAED 2.1M · Sep 2025
5043-bedAED 1.78M · Nov 2024
5062-bedAED 1.01M · Aug 2020
5072-bedAED 991K · Jan 2023
5081-bedAED 820K · Jan 2025
1–7 of 16

505, Parkviews Rawda Apartments in numbers

  • Sold 3 times: first on 23 September 2020 for AED 1,695,888, last on 2 February 2026 for AED 2,350,000 (AED 1,483 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 70,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2026 price is 5.7%, before a service charge of about AED 25,800 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 15 April 2026.

Questions about 505, Parkviews Rawda Apartments

What did unit 505 last sell for?

AED 2,350,000 on 2 February 2026: AED 1,483 per sqft for 1,584 sqft. The unit has 3 registered sales; the first was AED 1,695,888 in September 2020.

What is the rent for unit 505?

AED 135,000 a year on the contract signed on 15 April 2026. The previous contract, from October 2022, was AED 70,000; the unit has been rented since October 2020.

How big is unit 505?

1,584 sqft (147.2 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 505 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 505, Parkviews Rawda Apartments

Starts from the last sale price (AED 2.35M, 2 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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