2-bed · 1,030 sqftParkviews Rawda Apartments, Town Square · 5th floor · completed 2020

512, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 1.02M11 August 2020
Current rentAED 90K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Parkviews Rawda Apartments

What is 512 worth today?

Last sold for AED 1,020,888 in 2020

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7 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft
1 Oct 2024RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
1 Oct 2023RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
1 Oct 2022RentedRenewal
AED 49,000/yr12 months · AED 47 per sqft
1 Oct 2021RentedRenewal
AED 45,000/yr12 months · AED 44 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
11 Aug 2020Sold by developerReady
AED 1,020,888AED 990 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
2-bed apartment
Size
1,030 sqft
Floor
5th of 12
Parking
P-76
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,800 /yr
Last sold
AED 1.02M · August 2020

About 512, Parkviews Rawda Apartments

512 is a two-bedroom apartment of 1,030 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 11 August 2020 for AED 1,020,888, or AED 990 per sqft, in line with the AED 1,002 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 7 December 2025, is AED 90,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 16,800 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical two-bed in Parkviews Rawda Apartments
800K1M1.2M2020202220242026Typical sale price by year: 2020 AED 972,888; 2021 AED 960,888; 2023 AED 850,000; 2024 AED 1,093,888; 2025 AED 1,250,000; 2026 AED 1,220,000Sold by developer, August 2020: AED 1,020,888 (AED 990 per sqft)

512 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 512, each contractTypical two-bed in Parkviews Rawda Apartments
50K75K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 53,400; 2023 AED 62,000; 2024 AED 75,000; 2025 AED 82,000; 2026 AED 89,752New contract, October 2020: AED 45,000 a yearRenewal, October 2021: AED 45,000 a yearRenewal, October 2022: AED 49,000 a yearRenewal, October 2023: AED 55,000 a yearRenewal, October 2024: AED 65,000 a yearNew contract, December 2025: AED 90,000 a year

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 512 sits

All 120 2-beds →

512 last sold in August 2020 at AED 990 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,002). 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. 512's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20261,560,888
16 Jun 20261,030,000
4 Jun 20261,200,000
13 Feb 20261,400,000
9 2-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
5053-bedAED 2.35M · Feb 2026
5062-bedAED 1.01M · Aug 2020
5072-bedAED 991K · Jan 2023
1–7 of 16

512, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 11 August 2020 for AED 1,020,888, or AED 990 per sqft.
  • Rented since October 2020 on 6 Ejari contracts, from AED 45,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 16,800 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 7 December 2025.

Questions about 512, Parkviews Rawda Apartments

What did unit 512 last sell for?

AED 1,020,888 on 11 August 2020, sold by the developer: AED 990 per sqft for 1,030 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 90,000 a year on the contract signed on 7 December 2025. The previous contract, from October 2024, was AED 65,000; the unit has been rented since October 2020.

How big is unit 512?

1,030 sqft (95.7 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 512 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 512, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.02M, 11 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,888
Deposit, UAE resident (20%)
AED 204,178
Deposit, non-resident (40%)
AED 408,355
Monthly over 25 years at 3.7%
AED 4,177

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