508, Parkviews Rawda Apartments
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Parkviews Rawda Apartments
What is 508 worth today?
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Source: Dubai Land Department. Updated 20 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 687 sqft
- Floor
- 5th of 12
- Parking
- P-295
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 11,200 /yr
- Last sold
- AED 820K · January 2025
- Building
- Parkviews Rawda Apartments
About 508, Parkviews Rawda Apartments
508 is a one-bedroom apartment of 687 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 January 2025 for AED 820,000, or AED 1,193 per sqft, 13% above the AED 1,056 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 70,000 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 11,200 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 48 1-beds →508 last sold in January 2025 at AED 1,193 per sqft, 13% above what one-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,056). 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. 508's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,332 sqft | 900,000 | 675 | ||
| 21 Apr 202621 April 2026 | 804 sqft | 910,000 | 1,131 | ||
| 4 Feb 20264 February 2026 | 710 sqft | 940,000 | 1,323 | ||
| 3 Feb 20263 February 2026 | 809 sqft | 850,000 | 1,050 |
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 | |
| 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 | |
| 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 |
508, Parkviews Rawda Apartments in numbers
- Sold twice: first on 30 August 2020 for AED 760,888, last on 8 January 2025 for AED 820,000 (AED 1,193 per sqft).
- Rented since January 2022 on 7 Ejari contracts, from AED 39,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 8.5%, before a service charge of about AED 11,200 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 20 October 2026.
Questions about 508, Parkviews Rawda Apartments
What did unit 508 last sell for?
AED 820,000 on 8 January 2025: AED 1,193 per sqft for 687 sqft. The unit has 2 registered sales; the first was AED 760,888 in August 2020.
What is the rent for unit 508?
AED 70,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since January 2022.
How big is unit 508?
687 sqft (63.8 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.
What is unit 508 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 508, Parkviews Rawda Apartments
Starts from the last sale price (AED 820K, 8 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →