3-bed · 1,497 sqftParkviews Rawda Apartments, Town Square · 7th floor · completed 2020

703, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 1.63M27 July 2021
Current rentAED 125K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Parkviews Rawda Apartments

What is 703 worth today?

Last sold for AED 1,631,888 in 2021

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10 Sep 2025RentedRenewal
AED 125,000/yr12 months · AED 84 per sqft
10 Sep 2024RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft
7 Sep 2023RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
25 Aug 2022RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
1 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
27 Jul 2021Sold by developerReady
AED 1,631,888AED 1,090 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
3-bed apartment
Size
1,497 sqft
Floor
7th of 12
Parking
G-109
Developer
Nshama Properties
Completed
2020
Service charge
AED 24,400 /yr
Last sold
AED 1.63M · July 2021

About 703, Parkviews Rawda Apartments

703 is a three-bedroom apartment of 1,497 sqft on the 7th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 27 July 2021 for AED 1,631,888, or AED 1,090 per sqft, in line with the AED 1,076 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 125,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 24,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical three-bed in Parkviews Rawda Apartments
1.5M2M2020202220242026Typical sale price by year: 2020 AED 1,695,888; 2021 AED 1,629,888; 2023 AED 1,435,000; 2024 AED 1,750,000; 2025 AED 2,025,000Sold by developer, July 2021: AED 1,631,888 (AED 1,090 per sqft)

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

Rents
Unit 703, each contractTypical three-bed in Parkviews Rawda Apartments
100K2020202220242026Typical rent by year: 2020 AED 63,500; 2021 AED 82,000; 2022 AED 85,000; 2023 AED 102,500; 2024 AED 101,750; 2025 AED 122,500; 2026 AED 101,997New contract, August 2021: AED 90,000 a yearNew contract, August 2022: AED 100,000 a yearNew contract, September 2023: AED 120,000 a yearNew contract, September 2024: AED 125,000 a yearRenewal, September 2025: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Parkviews Rawda Apartments, and where 703 sits

All 33 3-beds →

703 last sold in July 2021 at AED 1,090 per sqft, in line with what three-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,076). Over the last 12 months three-beds sold for AED 2,350,000, around AED 1,483 per sqft, and rent for AED 94,500 to 160,274 a year. 703's AED 125,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Feb 20262,350,000
25 Jun 20252,475,000
8 May 20252,000,000
6 Mar 20252,050,000
1 3-bed sale 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
7011-bedAED 670K · Nov 2022
7021-bedAED 910K · Dec 2025
7043-bedAED 1.54M · Nov 2021
7053-bedAED 1.72M · May 2021
7062-bedAED 955K · May 2024
7072-bedAED 1M · Aug 2020
7081-bedAED 790K · May 2025
1–7 of 16

703, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 27 July 2021 for AED 1,631,888, or AED 1,090 per sqft.
  • Rented since August 2021 on 5 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 24,400 a year (AED 16.27 per sqft).
  • Three-beds in Parkviews Rawda Apartments sold for AED 2,350,000–2,350,000 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 September 2025.

Questions about 703, Parkviews Rawda Apartments

What did unit 703 last sell for?

AED 1,631,888 on 27 July 2021, sold by the developer: AED 1,090 per sqft for 1,497 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 125,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 125,000; the unit has been rented since August 2021.

How big is unit 703?

1,497 sqft (139.1 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2020.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Parkviews Rawda Apartments sold for AED 2,350,000 to 2,350,000 in the last 12 months, around AED 1,483 per sqft.

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Mortgage on 703, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.63M, 27 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,631,888
Deposit, UAE resident (20%)
AED 326,378
Deposit, non-resident (40%)
AED 652,755
Monthly over 25 years at 3.7%
AED 6,677

Plus AED 73,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →