311, Parkviews 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 311, Parkviews Rawda Apartments
What is 311 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,048 sqft
- Floor
- 3rd of 12
- Parking
- P-223
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 17,100 /yr
- Last sold
- AED 944K · August 2020
- Building
- Parkviews Rawda Apartments
About 311, Parkviews Rawda Apartments
311 is a two-bedroom apartment of 1,048 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 943,888, or AED 900 per sqft, 10% below the AED 1,002 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 69,581 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 17,100 a year.
Sales and rents for 311 over time
311 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 Parkviews Rawda Apartments, and where 311 sits
All 114 2-beds →311 last sold in August 2020 at AED 900 per sqft, 10% below what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,002). Over the last 12 months two-beds sold for AED 1,220,000 to 1,525,000, around AED 1,280 per sqft, and rent for AED 59,000 to 150,000 a year. 311's AED 69,581 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 928 sqft | 1,400,000 | 1,508 | ||
| 11 Feb 202611 February 2026 | 953 sqft | 1,220,000 | 1,280 | ||
| 12 Dec 202512 December 2025 | 1,143 sqft | 1,220,000 | 1,067 | ||
| 12 Dec 202512 December 2025 | 1,608 sqft | 1,525,000 | 948 |
Parkviews Rawda Apartments
Building204 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%
Other units on the 3rd floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 804 sqft | AED 820KAED 820,000 · Jan 2024January 2024 | 66,000 /yr | |
| 302 | 1-bed | 712 sqft | AED 751KAED 750,888 · Aug 2020August 2020 | 47,408 /yr | |
| 303 | 1,501 sqft | AED 2.11MAED 2,105,888 · Sep 2025September 2025 | |||
| 304 | 3-bed | 1,520 sqft | AED 1.55MAED 1,550,000 · Mar 2024March 2024 | 85,000 /yr | |
| 305 | 3-bed | 1,582 sqft | AED 1.68MAED 1,678,888 · Apr 2021April 2021 | 95,000 /yr | |
| 306 | 2-bed | 933 sqft | AED 1MAED 1,002,888 · Jul 2020July 2020 | 62,826 /yr | |
| 307 | 2-bed | 954 sqft | AED 983KAED 982,888 · Aug 2020August 2020 | 70,000 /yr | |
| 308 | 1-bed | 687 sqft | AED 840KAED 840,000 · Feb 2025February 2025 | 77,000 /yr | |
| 309 | 1-bed | 823 sqft | AED 760KAED 759,888 · Jul 2020July 2020 | 59,748 /yr | |
| 310 | 2-bed | 952 sqft | AED 921KAED 920,888 · Jul 2020July 2020 | 68,000 /yr | |
| 312 | 2-bed | 1,030 sqft | AED 972KAED 971,888 · Aug 2020August 2020 | 93,000 /yr | |
| 313 | 2-bed | 937 sqft | AED 1.37MAED 1,365,888 · Apr 2025April 2025 | 87,000 /yr | |
| 314 | 2-bed | 933 sqft | AED 938KAED 937,888 · Jul 2020July 2020 | 59,000 /yr | |
| 315 | 947 sqft | AED 1.13MAED 1,125,000 · Jul 2025July 2025 | 85,000 /yr | ||
| 316 | 2-bed | 992 sqft | AED 959KAED 958,888 · Sep 2020September 2020 | 76,000 /yr | |
| 317 | 2-bed | 1,146 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 |
311, Parkviews Rawda Apartments in numbers
- Sold once: by Nshama Properties on 10 August 2020 for AED 943,888, or AED 900 per sqft.
- Rented since March 2021 on 4 Ejari contracts, from AED 45,000 to AED 69,581 a year.
- At AED 69,581 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 17,100 a year (AED 16.27 per sqft).
- Two-beds in Parkviews Rawda Apartments sold for AED 1,220,000–1,525,000 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 1 December 2024.
Questions about 311, Parkviews Rawda Apartments
What did unit 311 last sell for?
AED 943,888 on 10 August 2020, sold by the developer: AED 900 per sqft for 1,048 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 69,581 a year on the contract renewed on 1 December 2024. The previous contract, from December 2022, was AED 70,000; the unit has been rented since March 2021.
How big is unit 311?
1,048 sqft (97.4 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2020.
What is unit 311 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Parkviews Rawda Apartments sold for AED 1,220,000 to 1,525,000 in the last 12 months, around AED 1,280 per sqft.
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Mortgage on 311, Parkviews Rawda Apartments
Starts from the last sale price (AED 944K, 10 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 943,888
- Deposit, UAE resident (20%)
- AED 188,778
- Deposit, non-resident (40%)
- AED 377,555
- Monthly over 25 years at 3.7%
- AED 3,862
Plus AED 44,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →