1-bed · 880 sqftParkside Rawda Apartments, Town Square · 4th floor · completed 2020

408, Parkside Rawda Apartments

Sold prices and rental history: sold twice, last in February 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 730K8 February 2024
Current rentAED 50K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Parkside Rawda Apartments

What is 408 worth today?

Last sold for AED 730,000 in 2024

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1 Sep 2024RentedRenewal
AED 49,779/yr7 months · AED 57 per sqft
8 Feb 2024SoldReady
AED 730,000AED 829 per sqft
1 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
22 Sep 2020Sold by developerReady
AED 791,888AED 900 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
4th of 6
Parking
B-198
Developer
Nshama Properties
Completed
2020
Service charge
AED 14,300 /yr
Last sold
AED 730K · February 2024

About 408, Parkside Rawda Apartments

408 is a one-bedroom apartment of 880 sqft on the 4th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 8 February 2024 for AED 730,000, or AED 829 per sqft, 11% below the AED 932 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 49,779 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 791,888 (AED 900 per sqft)Sold, February 2024: AED 730,000 (AED 829 per sqft)

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

Rents
Unit 408, 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, September 2023: AED 50,000 a yearRenewal, September 2024: AED 49,779 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 408 sits

All 68 1-beds →

408 last sold in February 2024 at AED 829 per sqft, 11% below what one-beds in Parkside Rawda Apartments were fetching at the time (AED 932). 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. 408's AED 49,779 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 4th floor

All 120 units in Parkside Rawda Apartments
Value
4012-bedAED 1000K · Aug 2020
4022-bedAED 989K · Nov 2020
4031-bedAED 1.05M · Jan 2026
4041-bedAED 741K · Aug 2020
4052-bedAED 1.2M · Nov 2024
406AED 615K · Feb 2024
4073-bedAED 1.45M · Aug 2020
1–7 of 19

408, Parkside Rawda Apartments in numbers

  • Sold twice: first on 22 September 2020 for AED 791,888, last on 8 February 2024 for AED 730,000 (AED 829 per sqft).
  • Rented since September 2023 on 2 Ejari contracts, from AED 50,000 to AED 49,779 a year.
  • At AED 49,779 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 14,300 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 1 September 2024.

Questions about 408, Parkside Rawda Apartments

What did unit 408 last sell for?

AED 730,000 on 8 February 2024: AED 829 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 791,888 in September 2020.

What is the rent for unit 408?

AED 49,779 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 50,000.

How big is unit 408?

880 sqft (81.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 408 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 408, Parkside Rawda Apartments

Starts from the last sale price (AED 730K, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus AED 35,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →