3-bed · 1,520 sqftParkviews Rawda Apartments, Town Square · 7th floor · completed 2020

704, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 1.54M1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Parkviews Rawda Apartments

What is 704 worth today?

Last sold for AED 1,537,888 in 2021

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1 Nov 2021Sold by developerReady
AED 1,537,888AED 1,011 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
7th of 12
Parking
G-110
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 1.54M · November 2021

About 704, Parkviews Rawda Apartments

704 is a three-bedroom apartment of 1,520 sqft on the 7th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 1 November 2021 for AED 1,537,888, or AED 1,011 per sqft, 4% below the AED 1,058 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,622,388; 2023 AED 1,435,000; 2024 AED 1,720,000; 2025 AED 2,050,000Sold by developer, November 2021: AED 1,537,888 (AED 1,011 per sqft)

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

Rents
Unit 704, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 101,750; 2025 AED 120,000; 2026 AED 130,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 704 sits

All 36 3-beds →

704 last sold in November 2021 at AED 1,011 per sqft, 4% below what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,058). Over the last 12 months three-beds sold for AED 2,100,000 to 2,350,000, around AED 1,406 per sqft, and rent for AED 75,000 to 160,274 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,100,000
2 Feb 20262,350,000
3 Oct 20251,850,000
8 Sep 20252,105,888
2 3-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
7011-bedAED 670K · Nov 2022
7021-bedAED 910K · Dec 2025
7033-bedAED 1.63M · Jul 2021
7053-bedAED 1.72M · May 2021
7062-bedAED 955K · May 2024
7072-bedAED 1M · Aug 2020
7081-bedAED 790K · May 2025
1–7 of 16

704, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 1 November 2021 for AED 1,537,888, or AED 1,011 per sqft.
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000–2,350,000 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 November 2021.

Questions about 704, Parkviews Rawda Apartments

What did unit 704 last sell for?

AED 1,537,888 on 1 November 2021, sold by the developer: AED 1,011 per sqft for 1,520 sqft. It is the only registered sale of the unit.

How big is unit 704?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 704, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.54M, 1 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,537,888
Deposit, UAE resident (20%)
AED 307,578
Deposit, non-resident (40%)
AED 615,155
Monthly over 25 years at 3.7%
AED 6,292

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