2-bed · 1,020 sqftParkside Rawda Apartments, Town Square · 4th floor · completed 2020

418, Parkside Rawda Apartments

Sold prices and rental history: sold once, by the developer in September 2020, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 28 September 2022
Last soldAED 988K22 September 2020
Current rentAED 40K /yr28 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, Parkside Rawda Apartments

What is 418 worth today?

Last sold for AED 987,888 in 2020

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28 Sep 2022RentedNew contract
AED 40,000/yr36 months · AED 39 per sqft
22 Sep 2020Sold by developerReady
AED 987,888AED 968 per sqft

Source: Dubai Land Department. Updated 28 September 2022.

Key facts

Type
2-bed apartment
Size
1,020 sqft
Floor
4th of 6
Parking
P-434
Developer
Nshama Properties
Completed
2020
Service charge
AED 16,600 /yr
Last sold
AED 988K · September 2020

About 418, Parkside Rawda Apartments

418 is a two-bedroom apartment of 1,020 sqft on the 4th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 22 September 2020 for AED 987,888, or AED 968 per sqft, in line with the AED 987 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2022. The current contract, signed on 28 September 2022, is AED 40,000 a year: a gross yield of 4.0% on the 2020 price, before the service charge of about AED 16,600 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, September 2020: AED 987,888 (AED 968 per sqft)

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

Rents
Unit 418, 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 95,000New contract, September 2022: AED 40,000 a year

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 418 sits

All 37 2-beds →

418 last sold in September 2020 at AED 968 per sqft, in line with what two-beds in Parkside Rawda Apartments were fetching at the time (AED 987). 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. 418's AED 40,000 is at the bottom of that range.

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 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

418, Parkside Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 22 September 2020 for AED 987,888, or AED 968 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 4.0%, before a service charge of about AED 16,600 a year (AED 16.27 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 28 September 2022.

Questions about 418, Parkside Rawda Apartments

What did unit 418 last sell for?

AED 987,888 on 22 September 2020, sold by the developer: AED 968 per sqft for 1,020 sqft. It is the only registered sale of the unit.

What is the rent for unit 418?

AED 40,000 a year on the contract signed on 28 September 2022.

How big is unit 418?

1,020 sqft (94.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 418 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 418, Parkside Rawda Apartments

Starts from the last sale price (AED 988K, 22 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 987,888
Deposit, UAE resident (20%)
AED 197,578
Deposit, non-resident (40%)
AED 395,155
Monthly over 25 years at 3.7%
AED 4,042

Plus AED 46,502 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →