2-bed · 933 sqftParkviews Rawda Apartments, Town Square · 5th floor · completed 2020

514, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 8 January 2024
Last soldAED 996K8 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Parkviews Rawda Apartments

What is 514 worth today?

Last sold for AED 995,888 in 2024

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8 Jan 2024SoldReady
AED 995,888AED 1,067 per sqft
10 Nov 2020Sold by developerReady
AED 930,888AED 997 per sqft

Source: Dubai Land Department. Updated 8 January 2024.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
5th of 12
Parking
P-74
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 996K · January 2024

About 514, Parkviews Rawda Apartments

514 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. It last sold on 8 January 2024 for AED 995,888, or AED 1,067 per sqft, 19% above the AED 893 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 514 over time

Sales
Unit 514, 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, November 2020: AED 930,888 (AED 997 per sqft)Sold, January 2024: AED 995,888 (AED 1,067 per sqft)

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

Rents
Unit 514, 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 89,752

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 514 sits

All 120 2-beds →

514 last sold in January 2024 at AED 1,067 per sqft, 19% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 893). 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.

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

514, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 10 November 2020 for AED 930,888, last on 8 January 2024 for AED 995,888 (AED 1,067 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 8 January 2024.

Questions about 514, Parkviews Rawda Apartments

What did unit 514 last sell for?

AED 995,888 on 8 January 2024: AED 1,067 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 930,888 in November 2020.

How big is unit 514?

933 sqft (86.7 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.

What is unit 514 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 514, Parkviews Rawda Apartments

Starts from the last sale price (AED 996K, 8 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 995,888
Deposit, UAE resident (20%)
AED 199,178
Deposit, non-resident (40%)
AED 398,355
Monthly over 25 years at 3.7%
AED 4,074

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