2-bed · 953 sqftParkviews Rawda Apartments, Town Square · 6th floor · completed 2020

610, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in August 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.08M8 August 2024
Current rentAED 70K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, Parkviews Rawda Apartments

What is 610 worth today?

Last sold for AED 1,075,000 in 2024

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8 Aug 2024SoldReady
AED 1,075,000AED 1,128 per sqft
20 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
21 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
19 Aug 2020Sold by developerReady
AED 928,888AED 975 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
2-bed apartment
Size
953 sqft
Floor
6th of 12
Parking
P-189
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,500 /yr
Last sold
AED 1.08M · August 2024

About 610, Parkviews Rawda Apartments

610 is a two-bedroom apartment of 953 sqft on the 6th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 8 August 2024 for AED 1,075,000, or AED 1,128 per sqft, 17% above the AED 964 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 July 2023, is AED 70,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 610 over time

Sales
Unit 610, 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 928,888 (AED 975 per sqft)Sold, August 2024: AED 1,075,000 (AED 1,128 per sqft)

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

Rents
Unit 610, 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, March 2023: AED 70,000 a yearNew contract, July 2023: AED 70,000 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 610 sits

All 120 2-beds →

610 last sold in August 2024 at AED 1,128 per sqft, 17% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 964). 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. 610's AED 70,000 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
6011-bedAED 801K · Sep 2020
6021-bedAED 791K · Aug 2020
6033-bedAED 1.63M · Apr 2021
6043-bedAED 1.53M · Nov 2021
6053-bedAED 2.1M · Nov 2026
6062-bedAED 1.15M · Nov 2024
6072-bedAED 1.23M · Oct 2024
1–7 of 16

610, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 19 August 2020 for AED 928,888, last on 8 August 2024 for AED 1,075,000 (AED 1,128 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 15,500 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 8 August 2024.

Questions about 610, Parkviews Rawda Apartments

What did unit 610 last sell for?

AED 1,075,000 on 8 August 2024: AED 1,128 per sqft for 953 sqft. The unit has 2 registered sales; the first was AED 928,888 in August 2020.

What is the rent for unit 610?

AED 70,000 a year on the contract signed on 20 July 2023. The previous contract, from March 2023, was AED 70,000.

How big is unit 610?

953 sqft (88.5 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2020.

What is unit 610 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 610, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.08M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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