506, Parkside Rawda Apartments
Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Parkside Rawda Apartments
What is 506 worth today?
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Source: Dubai Land Department. Updated 14 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 908 sqft
- Floor
- 5th of 6
- Parking
- B-204
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 14,800 /yr
- Last sold
- AED 796K · August 2020
- Building
- Parkside Rawda Apartments
About 506, Parkside Rawda Apartments
506 is a one-bedroom apartment of 908 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 10 August 2020 for AED 795,888, or AED 876 per sqft, 15% below the AED 1,028 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 14 August 2024, is AED 65,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 14,800 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 68 1-beds →506 last sold in August 2020 at AED 876 per sqft, 15% below what one-beds in Parkside Rawda Apartments were fetching at the time (AED 1,028). 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. 506's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 661 sqft | 1,050,888 | 1,589 | ||
| 11 Jul 202511 July 2025 | 648 sqft | 800,000 | 1,233 | ||
| 17 May 202517 May 2025 | 627 sqft | 800,000 | 1,275 | ||
| 25 Apr 202525 April 2025 | 829 sqft | 820,000 | 989 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 966 sqft | AED 996KAED 995,888 · Aug 2020August 2020 | 66,550 /yr | |
| 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 | |
| 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 |
506, Parkside Rawda Apartments in numbers
- Sold once: by Nshama Properties on 10 August 2020 for AED 795,888, or AED 876 per sqft.
- Rented since March 2021 on 4 Ejari contracts, from AED 35,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 14,800 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 14 August 2024.
Questions about 506, Parkside Rawda Apartments
What did unit 506 last sell for?
AED 795,888 on 10 August 2020, sold by the developer: AED 876 per sqft for 908 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 65,000 a year on the contract signed on 14 August 2024. The previous contract, from July 2023, was AED 47,000; the unit has been rented since March 2021.
How big is unit 506?
908 sqft (84.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 506 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 506, Parkside Rawda Apartments
Starts from the last sale price (AED 796K, 10 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 795,888
- Deposit, UAE resident (20%)
- AED 159,178
- Deposit, non-resident (40%)
- AED 318,355
- Monthly over 25 years at 3.7%
- AED 3,256
Plus AED 38,438 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →