2-bed · 1,656 sqftParkside Rawda Apartments, Town Square · 1st floor · completed 2020

118, Parkside Rawda Apartments

Sold prices and rental history: sold once, by the developer in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 24 October 2020
Last soldAED 1.01M24 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Parkside Rawda Apartments

What is 118 worth today?

Last sold for AED 1,010,888 in 2020

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24 Oct 2020Sold by developerReady
AED 1,010,888AED 610 per sqft

Source: Dubai Land Department. Updated 24 October 2020.

Key facts

Type
2-bed apartment
Size
1,656 sqft
Floor
1st of 6
Parking
P-362 , B-27
Developer
Nshama Properties
Completed
2020
Service charge
AED 26,900 /yr
Last sold
AED 1.01M · October 2020

About 118, Parkside Rawda Apartments

118 is a two-bedroom apartment of 1,656 sqft on the 1st floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 24 October 2020 for AED 1,010,888, or AED 610 per sqft, 38% below the AED 984 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Parkside Rawda Apartments
1M1.5M2020202220242026Typical sale price by year: 2020 AED 979,888; 2021 AED 964,888; 2024 AED 1,145,888; 2026 AED 1,600,888Sold by developer, October 2020: AED 1,010,888 (AED 610 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Parkside Rawda Apartments
50K75K100K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 50,900; 2023 AED 61,750; 2024 AED 68,000; 2025 AED 89,500; 2026 AED 95,000

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

2-beds in Parkside Rawda Apartments, and where 118 sits

All 37 2-beds →

118 last sold in October 2020 at AED 610 per sqft, 38% below what two-beds in Parkside Rawda Apartments were fetching at the time (AED 984). Over the last 12 months two-beds sold for AED 1,475,000 to 1,675,000, around AED 1,258 per sqft, and rent for AED 65,000 to 100,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20261,600,888
26 Jan 20261,675,000
22 Jan 20261,535,888
24 Jul 20251,460,000
4 2-bed sales in the last 12 months

Parkside Rawda Apartments

Building

120 apartments, 1-bed to 3-bed over 6 floors in Town Square, completed in 2020 by Nshama Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,589
Typical sale
AED 1.54M
Typical rent
AED 65K /yr
Typical yield
5.0%
Parkside Rawda Apartments, Town Square: prices, sales and rents →

Other units on the 1st floor

All 120 units in Parkside Rawda Apartments
Value
1012-bedAED 1.46M · Jul 2025
102AED 1.34M · Sep 2025
1031-bedAED 820K · Jun 2024
1041-bedAED 800K · Aug 2020
1052-bedAED 1.05M · Aug 2020
1061-bedAED 865K · Feb 2025
1073-bedAED 1.85M · Apr 2023
1–7 of 19

118, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 24 October 2020 for AED 1,010,888, or AED 610 per sqft.
  • Two-beds in Parkside Rawda Apartments sold for AED 1,475,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,589 per sqft.

Source: Dubai Land Department. Updated 24 October 2020.

Questions about 118, Parkside Rawda Apartments

What did unit 118 last sell for?

AED 1,010,888 on 24 October 2020, sold by the developer: AED 610 per sqft for 1,656 sqft. It is the only registered sale of the unit.

How big is unit 118?

1,656 sqft (153.8 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Parkside Rawda Apartments sold for AED 1,475,000 to 1,675,000 in the last 12 months, around AED 1,258 per sqft.

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Mortgage on 118, Parkside Rawda Apartments

Starts from the last sale price (AED 1.01M, 24 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,888
Deposit, UAE resident (20%)
AED 202,178
Deposit, non-resident (40%)
AED 404,355
Monthly over 25 years at 3.7%
AED 4,136

Plus AED 47,468 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →