2-bed · 932 sqftParkviews Rawda Apartments, Town Square · 7th floor · completed 2020

706, Parkviews Rawda Apartments

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

Unit 706 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 955K30 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Parkviews Rawda Apartments

What is 706 worth today?

Last sold for AED 955,000 in 2024

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30 May 2024SoldReady
AED 955,000AED 1,024 per sqft
17 Nov 2020Sold by developerReady
AED 988,888AED 1,060 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
2-bed apartment
Size
932 sqft
Floor
7th of 12
Parking
G-119
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 955K · May 2024

About 706, Parkviews Rawda Apartments

706 is a two-bedroom apartment of 932 sqft on the 7th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 30 May 2024 for AED 955,000, or AED 1,024 per sqft, 14% above the AED 900 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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 988,888 (AED 1,060 per sqft)Sold, May 2024: AED 955,000 (AED 1,024 per sqft)

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

Rents
Unit 706, 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 706 sits

All 120 2-beds →

706 last sold in May 2024 at AED 1,024 per sqft, 14% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 900). 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
7011-bedAED 670K · Nov 2022
7021-bedAED 910K · Dec 2025
7033-bedAED 1.63M · Jul 2021
7043-bedAED 1.54M · Nov 2021
7053-bedAED 1.72M · May 2021
7072-bedAED 1M · Aug 2020
7081-bedAED 790K · May 2025
1–7 of 16

706, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 17 November 2020 for AED 988,888, last on 30 May 2024 for AED 955,000 (AED 1,024 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 30 May 2024.

Questions about 706, Parkviews Rawda Apartments

What did unit 706 last sell for?

AED 955,000 on 30 May 2024: AED 1,024 per sqft for 932 sqft. The unit has 2 registered sales; the first was AED 988,888 in November 2020.

How big is unit 706?

932 sqft (86.6 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 706 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 706, Parkviews Rawda Apartments

Starts from the last sale price (AED 955K, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 955,000
Deposit, UAE resident (20%)
AED 191,000
Deposit, non-resident (40%)
AED 382,000
Monthly over 25 years at 3.7%
AED 3,907

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