1-bed · 712 sqftParkviews Rawda Apartments, Town Square · 3rd floor · completed 2020

302, Parkviews 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.

Unit 302 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 751K10 August 2020
Current rentAED 47K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Parkviews Rawda Apartments

What is 302 worth today?

Last sold for AED 750,888 in 2020

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10 Nov 2024RentedRenewal
AED 47,408/yr12 months · AED 67 per sqft
10 Nov 2023RentedRenewal
AED 45,150/yr12 months · AED 64 per sqft
15 Oct 2021RentedRenewal
AED 34,000/yr12 months · AED 48 per sqft
15 Oct 2020RentedNew contract
AED 34,000/yr12 months · AED 48 per sqft
10 Aug 2020Sold by developerReady
AED 750,888AED 1,053 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
1-bed apartment
Size
712 sqft
Floor
3rd of 12
Parking
P-302
Developer
Nshama Properties
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 751K · August 2020

About 302, Parkviews Rawda Apartments

302 is a one-bedroom apartment of 712 sqft on the 3rd floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 10 August 2020 for AED 750,888, or AED 1,053 per sqft, in line with the AED 1,053 one-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 10 November 2024, is AED 47,408 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 11,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Parkviews Rawda Apartments
800K900K2020202220242026Typical sale price by year: 2020 AED 770,888; 2021 AED 799,888; 2023 AED 752,888; 2024 AED 750,888; 2025 AED 830,000; 2026 AED 895,000Sold by developer, August 2020: AED 750,888 (AED 1,053 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in Parkviews Rawda Apartments
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 35,500; 2022 AED 39,000; 2023 AED 44,611; 2024 AED 52,500; 2025 AED 63,000; 2026 AED 65,000New contract, October 2020: AED 34,000 a yearRenewal, October 2021: AED 34,000 a yearRenewal, November 2023: AED 45,150 a yearRenewal, November 2024: AED 47,408 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 Parkviews Rawda Apartments, and where 302 sits

All 44 1-beds →

302 last sold in August 2020 at AED 1,053 per sqft, in line with what one-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,053). Over the last 12 months one-beds sold for AED 810,000 to 940,000, around AED 1,178 per sqft, and rent for AED 40,000 to 69,000 a year. 302's AED 47,408 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 2026940,000
3 Feb 2026850,000
28 Jan 2026940,000
9 Jan 2026810,000
5 1-bed sales in the last 12 months

Parkviews Rawda Apartments

Building

204 apartments, 1-bed to 3-bed over 12 floors in Town Square, completed in 2020 by Nshama Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,280 Up 4.5%
Typical sale
AED 1.22M
Typical rent
AED 92K /yr
Typical yield
6.7%
Parkviews Rawda Apartments, Town Square: prices, sales and rents →
Value
3011-bedAED 820K · Jan 2024
303AED 2.11M · Sep 2025
3043-bedAED 1.55M · Mar 2024
3053-bedAED 1.68M · Apr 2021
3062-bedAED 1M · Jul 2020
3072-bedAED 983K · Aug 2020
3081-bedAED 840K · Feb 2025
1–7 of 16

302, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 10 August 2020 for AED 750,888, or AED 1,053 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 34,000 to AED 47,408 a year.
  • At AED 47,408 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 11,600 a year (AED 16.27 per sqft).
  • One-beds in Parkviews Rawda Apartments sold for AED 810,000–940,000 in the 12 months to November 2026; the building's median across all types is AED 1,280 per sqft.

Source: Dubai Land Department. Updated 10 November 2024.

Questions about 302, Parkviews Rawda Apartments

What did unit 302 last sell for?

AED 750,888 on 10 August 2020, sold by the developer: AED 1,053 per sqft for 712 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 47,408 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 45,150; the unit has been rented since October 2020.

How big is unit 302?

712 sqft (66.1 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2020.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Parkviews Rawda Apartments sold for AED 810,000 to 940,000 in the last 12 months, around AED 1,178 per sqft.

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Mortgage on 302, Parkviews Rawda Apartments

Starts from the last sale price (AED 751K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 750,888
Deposit, UAE resident (20%)
AED 150,178
Deposit, non-resident (40%)
AED 300,355
Monthly over 25 years at 3.7%
AED 3,072

Plus AED 36,548 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →