506, Parkviews Rawda Apartments
Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Parkviews Rawda Apartments
What is 506 worth today?
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Source: Dubai Land Department. Updated 23 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 933 sqft
- Floor
- 5th of 12
- Parking
- G-121
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,200 /yr
- Last sold
- AED 1.01M · August 2020
- Building
- Parkviews Rawda Apartments
About 506, Parkviews Rawda Apartments
506 is a two-bedroom apartment of 933 sqft on the 5th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 6 August 2020 for AED 1,006,888, or AED 1,079 per sqft, 8% above the AED 1,003 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 23 January 2026, is AED 100,000 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 15,200 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 120 2-beds →506 last sold in August 2020 at AED 1,079 per sqft, 8% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,003). 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. 506's AED 100,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 992 sqft | 1,560,888 | 1,573 | ||
| 16 Jun 202616 June 2026 | 933 sqft | 1,030,000 | 1,104 | ||
| 4 Jun 20264 June 2026 | 1,027 sqft | 1,200,000 | 1,168 | ||
| 13 Feb 202613 February 2026 | 928 sqft | 1,400,000 | 1,508 |
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 | |
| 504 | 3-bed | 1,520 sqft | AED 1.78MAED 1,780,000 · Nov 2024November 2024 | 93,500 /yr | |
| 505 | 3-bed | 1,584 sqft | AED 2.35MAED 2,350,000 · Feb 2026February 2026 | 135,000 /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 |
506, Parkviews Rawda Apartments in numbers
- Sold once: by Nshama Properties on 6 August 2020 for AED 1,006,888, or AED 1,079 per sqft.
- Rented since February 2021 on 7 Ejari contracts, from AED 50,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2020 price is 9.9%, 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 23 January 2026.
Questions about 506, Parkviews Rawda Apartments
What did unit 506 last sell for?
AED 1,006,888 on 6 August 2020, sold by the developer: AED 1,079 per sqft for 933 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 100,000 a year on the contract signed on 23 January 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since February 2021.
How big is unit 506?
933 sqft (86.7 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.
What is unit 506 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 506, Parkviews Rawda Apartments
Starts from the last sale price (AED 1.01M, 6 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,006,888
- Deposit, UAE resident (20%)
- AED 201,378
- Deposit, non-resident (40%)
- AED 402,755
- Monthly over 25 years at 3.7%
- AED 4,119
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →