515, Parkviews Rawda Apartments
Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Parkviews Rawda Apartments
What is 515 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 947 sqft
- Floor
- 5th of 12
- Parking
- P-219
- Developer
- Nshama Properties
- Completed
- 2020
- Service charge
- AED 15,400 /yr
- Last sold
- AED 941K · September 2020
- Building
- Parkviews Rawda Apartments
About 515, Parkviews Rawda Apartments
515 is a two-bedroom apartment of 947 sqft on the 5th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 22 September 2020 for AED 940,888, or AED 993 per sqft, in line with the AED 995 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 October 2025, is AED 85,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 15,400 a year.
Sales and rents for 515 over time
515 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 515 sits
All 114 2-beds →515 last sold in September 2020 at AED 993 per sqft, in line with what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 995). 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. 515's AED 85,000 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 5th floor
All 204 units in Parkviews Rawda Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 803 sqft | AED 781KAED 780,888 · Aug 2020August 2020 | 55,000 /yr | |
| 502 | 1-bed | 710 sqft | AED 940KAED 940,000 · Feb 2026February 2026 | 65,000 /yr | |
| 503 | 1,497 sqft | AED 2.1MAED 2,100,000 · Sep 2025September 2025 | 90,000 /yr | ||
| 504 | 3-bed | 1,520 sqft | AED 1.78MAED 1,780,000 · Nov 2024November 2024 | 93,500 /yr | |
| 505 | 3-bed | 1,584 sqft | AED 2.35MAED 2,350,000 · Feb 2026February 2026 | 70,000 /yr | |
| 506 | 2-bed | 933 sqft | AED 1.01MAED 1,006,888 · Aug 2020August 2020 | 100,000 /yr | |
| 507 | 2-bed | 954 sqft | AED 991KAED 990,888 · Jan 2023January 2023 | 75,000 /yr | |
| 508 | 1-bed | 687 sqft | AED 820KAED 820,000 · Jan 2025January 2025 | 70,000 /yr | |
| 509 | 1-bed | 809 sqft | AED 850KAED 850,000 · Feb 2026February 2026 | 57,000 /yr | |
| 510 | 2-bed | 954 sqft | AED 1.33MAED 1,325,888 · Jan 2025January 2025 | 80,000 /yr | |
| 511 | 2-bed | 1,050 sqft | AED 850KAED 850,000 · Oct 2024October 2024 | 57,750 /yr | |
| 512 | 2-bed | 1,030 sqft | AED 1.02MAED 1,020,888 · Aug 2020August 2020 | 90,000 /yr | |
| 513 | 935 sqft | AED 1.32MAED 1,322,888 · Jul 2025July 2025 | 90,000 /yr | ||
| 514 | 2-bed | 933 sqft | AED 996KAED 995,888 · Jan 2024January 2024 | ||
| 516 | 2-bed | 992 sqft | AED 949KAED 948,888 · Oct 2020October 2020 | 66,000 /yr | |
| 517 | 2-bed | 1,144 sqft | AED 1.08MAED 1,079,888 · Aug 2020August 2020 | 72,000 /yr |
515, Parkviews Rawda Apartments in numbers
- Sold once: by Nshama Properties on 22 September 2020 for AED 940,888, or AED 993 per sqft.
- Rented since July 2024 on 2 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 15,400 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 October 2025.
Questions about 515, Parkviews Rawda Apartments
What did unit 515 last sell for?
AED 940,888 on 22 September 2020, sold by the developer: AED 993 per sqft for 947 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 85,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2024, was AED 85,000.
How big is unit 515?
947 sqft (88.0 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2020.
What is unit 515 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 515, Parkviews Rawda Apartments
Starts from the last sale price (AED 941K, 22 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 940,888
- Deposit, UAE resident (20%)
- AED 188,178
- Deposit, non-resident (40%)
- AED 376,355
- Monthly over 25 years at 3.7%
- AED 3,849
Plus AED 44,528 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →