501, Parkside Rawda Apartments
Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Parkside Rawda Apartments
What is 501 worth today?
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Source: Dubai Land Department. Updated 9 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 966 sqft
- Floor
- 5th of 6
- Parking
- P-377
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,700 /yr
- Last sold
- AED 996K · August 2020
- Building
- Parkside Rawda Apartments
About 501, Parkside Rawda Apartments
501 is a two-bedroom apartment of 966 sqft on the 5th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 13 August 2020 for AED 995,888, or AED 1,031 per sqft, in line with the AED 1,008 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 9 December 2024, is AED 66,550 a year: a gross yield of 6.7% on the 2020 price, before the service charge of about AED 15,700 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 37 2-beds →501 last sold in August 2020 at AED 1,031 per sqft, in line with what two-beds in Parkside Rawda Apartments were fetching at the time (AED 1,008). 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. 501's AED 66,550 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 1,005 sqft | 1,600,888 | 1,593 | ||
| 26 Jan 202626 January 2026 | 2,310 sqft | 1,675,000 | 725 | ||
| 22 Jan 202622 January 2026 | 939 sqft | 1,535,888 | 1,636 | ||
| 24 Jul 202524 July 2025 | 1,635 sqft | 1,460,000 | 893 |
Parkside Rawda Apartments
Building120 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%
Other units on the 5th floor
All 120 units in Parkside Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,020 sqft | AED 830KAED 830,000 · Sep 2022September 2022 | 58,000 /yr | |
| 503 | 1-bed | 663 sqft | AED 741KAED 740,888 · Aug 2020August 2020 | 60,000 /yr | |
| 504 | 1-bed | 629 sqft | AED 710KAED 710,000 · Sep 2024September 2024 | 60,000 /yr | |
| 505 | 2-bed | 939 sqft | AED 1.25MAED 1,250,000 · Jun 2025June 2025 | 56,595 /yr | |
| 506 | 1-bed | 908 sqft | AED 796KAED 795,888 · Aug 2020August 2020 | 65,000 /yr | |
| 507 | 3-bed | 1,526 sqft | AED 2.04MAED 2,040,000 · Oct 2024October 2024 | 80,000 /yr | |
| 508 | 1-bed | 827 sqft | AED 811KAED 810,888 · Nov 2020November 2020 | ||
| 509 | 2-bed | 1,062 sqft | AED 925KAED 925,000 · Mar 2024March 2024 | 87,000 /yr | |
| 510 | 916 sqft | AED 909KAED 908,888 · Nov 2020November 2020 | 80,000 /yr | ||
| 511 | 2-bed | 964 sqft | AED 926KAED 925,888 · Oct 2020October 2020 | 95,000 /yr | |
| 512 | 1-bed | 701 sqft | AED 680KAED 680,000 · Nov 2024November 2024 | 46,200 /yr | |
| 513 | 1-bed | 832 sqft | AED 718KAED 717,888 · Aug 2020August 2020 | 57,000 /yr | |
| 514 | 1-bed | 648 sqft | AED 686KAED 685,888 · Aug 2020August 2020 | 65,000 /yr | |
| 515 | 648 sqft | AED 800KAED 800,000 · Oct 2025October 2025 | 60,000 /yr | ||
| 516 | 1-bed | 829 sqft | AED 717KAED 716,888 · Aug 2020August 2020 | 65,000 /yr | |
| 517 | 1-bed | 700 sqft | AED 719KAED 718,888 · Sep 2020September 2020 | 57,200 /yr | |
| 518 | 2-bed | 1,020 sqft | AED 988KAED 987,888 · Sep 2020September 2020 | ||
| 519 | 1-bed | 664 sqft | AED 701KAED 700,888 · Aug 2020August 2020 | 69,812 /yr | |
| 520 | 1-bed | 621 sqft | AED 676KAED 675,888 · Aug 2020August 2020 | 55,000 /yr |
501, Parkside Rawda Apartments in numbers
- Sold once: by Nshama Properties on 13 August 2020 for AED 995,888, or AED 1,031 per sqft.
- Rented since December 2020 on 4 Ejari contracts, from AED 46,000 to AED 66,550 a year.
- At AED 66,550 a year the gross yield on the 2020 price is 6.7%, before a service charge of about AED 15,700 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 9 December 2024.
Questions about 501, Parkside Rawda Apartments
What did unit 501 last sell for?
AED 995,888 on 13 August 2020, sold by the developer: AED 1,031 per sqft for 966 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 66,550 a year on the contract renewed on 9 December 2024. The previous contract, from December 2023, was AED 60,500; the unit has been rented since December 2020.
How big is unit 501?
966 sqft (89.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 501 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 501, Parkside Rawda Apartments
Starts from the last sale price (AED 996K, 13 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 995,888
- Deposit, UAE resident (20%)
- AED 199,178
- Deposit, non-resident (40%)
- AED 398,355
- Monthly over 25 years at 3.7%
- AED 4,074
Plus AED 46,838 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →