2-bed · 1,144 sqftParkviews Rawda Apartments, Town Square · 6th floor · completed 2020

617, 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 617 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.08M25 August 2020
Current rentAED 79K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Parkviews Rawda Apartments

What is 617 worth today?

Last sold for AED 1,080,888 in 2020

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1 Oct 2026RentedRenewal
AED 78,500/yr12 months · AED 69 per sqft
1 Oct 2025RentedRenewal
AED 78,500/yr12 months · AED 69 per sqft
1 Oct 2024RentedRenewal
AED 78,500/yr12 months · AED 69 per sqft
1 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
1 Jun 2023RentedRenewal
AED 65,000/yr3 months · AED 57 per sqft
1 Dec 2022RentedRenewal
AED 65,000/yr6 months · AED 57 per sqft
1 Dec 2021RentedRenewal
AED 58,000/yr12 months · AED 51 per sqft
1 Dec 2020RentedNew contract
AED 58,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,144 sqft
Floor
6th of 12
Parking
P-201
Developer
Nshama Properties
Completed
2020
Service charge
AED 18,600 /yr
Last sold
AED 1.08M · August 2020

About 617, Parkviews Rawda Apartments

617 is a two-bedroom apartment of 1,144 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 25 August 2020 for AED 1,080,888, or AED 944 per sqft, 6% below the AED 1,001 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 78,500 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 18,600 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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 1,080,888 (AED 944 per sqft)

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

Rents
Unit 617, 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, December 2020: AED 58,000 a yearRenewal, December 2021: AED 58,000 a yearRenewal, December 2022: AED 65,000 a yearRenewal, June 2023: AED 65,000 a yearNew contract, October 2023: AED 75,000 a yearRenewal, October 2024: AED 78,500 a yearRenewal, October 2025: AED 78,500 a yearRenewal, October 2026: AED 78,500 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 617 sits

All 120 2-beds →

617 last sold in August 2020 at AED 944 per sqft, 6% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,001). 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. 617's AED 78,500 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

617, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 25 August 2020 for AED 1,080,888, or AED 944 per sqft.
  • Rented since December 2020 on 8 Ejari contracts, from AED 58,000 to AED 78,500 a year.
  • At AED 78,500 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 18,600 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 1 October 2026.

Questions about 617, Parkviews Rawda Apartments

What did unit 617 last sell for?

AED 1,080,888 on 25 August 2020, sold by the developer: AED 944 per sqft for 1,144 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 78,500 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 78,500; the unit has been rented since December 2020.

How big is unit 617?

1,144 sqft (106.3 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2020.

What is unit 617 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 617, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.08M, 25 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,888
Deposit, UAE resident (20%)
AED 216,178
Deposit, non-resident (40%)
AED 432,355
Monthly over 25 years at 3.7%
AED 4,422

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