2-bed · 1,029 sqftParkviews Rawda Apartments, Town Square · 7th floor · completed 2020

712, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 14 April 2022
Last soldAED 850K14 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Parkviews Rawda Apartments

What is 712 worth today?

Last sold for AED 850,000 in 2022

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14 Apr 2022SoldReady
AED 850,000AED 826 per sqft
19 Jul 2020Sold by developerReady
AED 989,888AED 962 per sqft

Source: Dubai Land Department. Updated 14 April 2022.

Key facts

Type
2-bed apartment
Size
1,029 sqft
Floor
7th of 12
Parking
P-118
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,700 /yr
Last sold
AED 850K · April 2022

About 712, Parkviews Rawda Apartments

712 is a two-bedroom apartment of 1,029 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 14 April 2022 for AED 850,000, or AED 826 per sqft, 16% below the AED 985 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 712 over time

Sales
Unit 712, 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, July 2020: AED 989,888 (AED 962 per sqft)Sold, April 2022: AED 850,000 (AED 826 per sqft)

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

Rents
Unit 712, 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 712 sits

All 120 2-beds →

712 last sold in April 2022 at AED 826 per sqft, 16% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 985). 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
7062-bedAED 955K · May 2024
7072-bedAED 1M · Aug 2020
1–7 of 16

712, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 19 July 2020 for AED 989,888, last on 14 April 2022 for AED 850,000 (AED 826 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 14 April 2022.

Questions about 712, Parkviews Rawda Apartments

What did unit 712 last sell for?

AED 850,000 on 14 April 2022: AED 826 per sqft for 1,029 sqft. The unit has 2 registered sales; the first was AED 989,888 in July 2020.

How big is unit 712?

1,029 sqft (95.6 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 712 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 712, Parkviews Rawda Apartments

Starts from the last sale price (AED 850K, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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