2-bed · 946 sqftParkviews Rawda Apartments, Town Square · 6th floor · completed 2020

615, Parkviews Rawda Apartments

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

Unit 615 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 943K6 September 2020
Current rentAED 100K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Parkviews Rawda Apartments

What is 615 worth today?

Last sold for AED 942,888 in 2020

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25 Oct 2026RentedRenewal
AED 100,000/yr12 months · AED 106 per sqft
25 Oct 2025RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
27 Oct 2024RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
27 Oct 2023RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
27 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
1 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft
10 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 34 per sqft
6 Sep 2020Sold by developerReady
AED 942,888AED 996 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
2-bed apartment
Size
946 sqft
Floor
6th of 12
Parking
P-203
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,400 /yr
Last sold
AED 943K · September 2020

About 615, Parkviews Rawda Apartments

615 is a two-bedroom apartment of 946 sqft on the 6th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 6 September 2020 for AED 942,888, or AED 996 per sqft, in line with the AED 996 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 100,000 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 15,400 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, September 2020: AED 942,888 (AED 996 per sqft)

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

Rents
Unit 615, each contractTypical two-bed in Parkviews Rawda Apartments
50K100K2020202220242026Typical 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 32,000 a yearNew contract, October 2021: AED 70,000 a yearNew contract, October 2022: AED 80,000 a yearRenewal, October 2023: AED 80,000 a yearRenewal, October 2024: AED 80,000 a yearNew contract, October 2025: AED 100,000 a yearRenewal, October 2026: AED 100,000 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 615 sits

All 120 2-beds →

615 last sold in September 2020 at AED 996 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 996). 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. 615's AED 100,000 is in the upper 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

615, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 6 September 2020 for AED 942,888, or AED 996 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 32,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 10.6%, before a service charge of about AED 15,400 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 25 October 2026.

Questions about 615, Parkviews Rawda Apartments

What did unit 615 last sell for?

AED 942,888 on 6 September 2020, sold by the developer: AED 996 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 100,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 100,000; the unit has been rented since October 2020.

How big is unit 615?

946 sqft (87.9 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2020.

What is unit 615 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 615, Parkviews Rawda Apartments

Starts from the last sale price (AED 943K, 6 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 942,888
Deposit, UAE resident (20%)
AED 188,578
Deposit, non-resident (40%)
AED 377,155
Monthly over 25 years at 3.7%
AED 3,858

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