1-bed · 829 sqftParkside Rawda Apartments, Town Square · 3rd floor · completed 2020

316, Parkside Rawda Apartments

Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 16 May 2025
Last soldAED 713K14 September 2020
Current rentAED 63K /yr16 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Parkside Rawda Apartments

What is 316 worth today?

Last sold for AED 712,888 in 2020

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16 May 2025RentedNew contract
AED 63,000/yr12 months · AED 76 per sqft
2 Aug 2024RentedNew contract
AED 67,000/yr12 months · AED 81 per sqft
1 Oct 2023RentedRenewal
AED 41,807/yr7 months · AED 51 per sqft
1 Oct 2022RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
1 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
14 Sep 2020Sold by developerReady
AED 712,888AED 860 per sqft

Source: Dubai Land Department. Updated 16 May 2025.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
3rd of 6
Parking
B-210
Developer
Nshama Properties
Completed
2020
Service charge
AED 13,500 /yr
Last sold
AED 713K · September 2020

About 316, Parkside Rawda Apartments

316 is a one-bedroom apartment of 829 sqft on the 3rd floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 14 September 2020 for AED 712,888, or AED 860 per sqft, 16% below the AED 1,025 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 16 May 2025, is AED 63,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical one-bed in Parkside Rawda Apartments
600K800K2020202220242026Typical sale price by year: 2020 AED 720,888; 2023 AED 590,000; 2024 AED 725,000; 2025 AED 842,500Sold by developer, September 2020: AED 712,888 (AED 860 per sqft)

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

Rents
Unit 316, each contractTypical one-bed in Parkside Rawda Apartments
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 34,000; 2022 AED 38,000; 2023 AED 41,958; 2024 AED 48,890; 2025 AED 60,000; 2026 AED 50,000New contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 42,000 a yearRenewal, October 2023: AED 41,807 a yearNew contract, August 2024: AED 67,000 a yearNew contract, May 2025: AED 63,000 a year

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

1-beds in Parkside Rawda Apartments, and where 316 sits

All 68 1-beds →

316 last sold in September 2020 at AED 860 per sqft, 16% below what one-beds in Parkside Rawda Apartments were fetching at the time (AED 1,025). Over the last 12 months one-beds sold for AED 1,050,888, around AED 1,589 per sqft, and rent for AED 48,000 to 80,000 a year. 316's AED 63,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,050,888
11 Jul 2025800,000
17 May 2025800,000
25 Apr 2025820,000
1 1-bed sale 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 3rd floor

All 120 units in Parkside Rawda Apartments
Value
3012-bedAED 981K · Sep 2020
302AED 1.47M · Sep 2025
3031-bedAED 761K · Sep 2020
3041-bedAED 800K · May 2025
3052-bedAED 961K · Sep 2020
306AED 792K · Sep 2020
3073-bedAED 1.43M · Nov 2020
1–7 of 19

316, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 14 September 2020 for AED 712,888, or AED 860 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 40,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 13,500 a year (AED 16.27 per sqft).
  • One-beds in Parkside Rawda Apartments sold for AED 1,050,888–1,050,888 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 16 May 2025.

Questions about 316, Parkside Rawda Apartments

What did unit 316 last sell for?

AED 712,888 on 14 September 2020, sold by the developer: AED 860 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 63,000 a year on the contract signed on 16 May 2025. The previous contract, from August 2024, was AED 67,000; the unit has been rented since October 2021.

How big is unit 316?

829 sqft (77.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Parkside Rawda Apartments sold for AED 1,050,888 to 1,050,888 in the last 12 months, around AED 1,589 per sqft.

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Mortgage on 316, Parkside Rawda Apartments

Starts from the last sale price (AED 713K, 14 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 712,888
Deposit, UAE resident (20%)
AED 142,578
Deposit, non-resident (40%)
AED 285,155
Monthly over 25 years at 3.7%
AED 2,917

Plus AED 34,952 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →