509, Parkside Rawda Apartments
Sold prices and rental history: sold twice, last in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Parkside Rawda Apartments
What is 509 worth today?
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Source: Dubai Land Department. Updated 10 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,062 sqft
- Floor
- 5th of 6
- Parking
- P-380
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 17,300 /yr
- Last sold
- AED 925K · March 2024
- Building
- Parkside Rawda Apartments
About 509, Parkside Rawda Apartments
509 is a two-bedroom apartment of 1,062 sqft on the 5th floor of Parkside Rawda Apartments, a 6-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 13 March 2024 for AED 925,000, or AED 870 per sqft, 10% below the AED 962 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 87,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 17,300 a year.
Sales and rents for 509 over time
509 has sold twice; 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 509 sits
All 37 2-beds →509 last sold in March 2024 at AED 870 per sqft, 10% below what two-beds in Parkside Rawda Apartments were fetching at the time (AED 962). 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. 509's AED 87,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | ||
| 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 |
509, Parkside Rawda Apartments in numbers
- Sold twice: first on 17 September 2020 for AED 942,888, last on 13 March 2024 for AED 925,000 (AED 870 per sqft).
- Rented since May 2024 on 2 Ejari contracts, from AED 85,000 to AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 17,300 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 10 May 2025.
Questions about 509, Parkside Rawda Apartments
What did unit 509 last sell for?
AED 925,000 on 13 March 2024: AED 870 per sqft for 1,062 sqft. The unit has 2 registered sales; the first was AED 942,888 in September 2020.
What is the rent for unit 509?
AED 87,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 85,000.
How big is unit 509?
1,062 sqft (98.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 509 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 509, Parkside Rawda Apartments
Starts from the last sale price (AED 925K, 13 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 925,000
- Deposit, UAE resident (20%)
- AED 185,000
- Deposit, non-resident (40%)
- AED 370,000
- Monthly over 25 years at 3.7%
- AED 3,784
Plus AED 43,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →