2-bed · 954 sqftParkviews Rawda Apartments, Town Square · 8th floor · completed 2020

807, Parkviews Rawda Apartments

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.02M10 March 2020
Current rentAED 60K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Parkviews Rawda Apartments

What is 807 worth today?

Last sold for AED 1,015,888 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2024RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
15 Jul 2023RentedRenewal
AED 54,000/yr12 months · AED 57 per sqft
15 Jul 2022RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
10 Mar 2020Sold by developerOff-plan
AED 1,015,888AED 1,064 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
954 sqft
Floor
8th of 12
Parking
P-178
Developer
Nshama Properties
Completed
2020
Service charge
AED 15,500 /yr
Last sold
AED 1.02M · March 2020

About 807, Parkviews Rawda Apartments

807 is a two-bedroom apartment of 954 sqft on the 8th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 10 March 2020 for AED 1,015,888, or AED 1,064 per sqft, 6% above the AED 1,003 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 60,000 a year: a gross yield of 5.9% on the 2020 price, before the service charge of about AED 15,500 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical two-bed in Parkviews Rawda Apartments
800K1M1.2M2020202220242026Typical sale price by year: 2020 AED 972,888; 2021 AED 960,888; 2023 AED 850,000; 2024 AED 1,093,888; 2025 AED 1,235,000Sold by developer, March 2020: AED 1,015,888 (AED 1,064 per sqft)

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

Rents
Unit 807, each contractTypical two-bed in Parkviews Rawda Apartments
50K75K100K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 53,000; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 84,635; 2026 AED 97,500Renewal, July 2022: AED 50,000 a yearRenewal, July 2023: AED 54,000 a yearRenewal, July 2024: AED 60,000 a year

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 807 sits

All 114 2-beds →

807 last sold in March 2020 at AED 1,064 per sqft, 6% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,003). 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. 807's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,400,000
11 Feb 20261,220,000
12 Dec 20251,220,000
12 Dec 20251,525,000
5 2-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
8011-bedAED 800K · May 2021
8021-bedAED 771K · Jul 2020
8033-bedAED 1.63M · Jul 2020
8043-bedAED 1.54M · Nov 2021
8053-bedAED 1.91M · Jan 2025
8062-bedAED 1.03M · Apr 2020
808AED 950K · Sep 2025
1–7 of 16

807, Parkviews Rawda Apartments in numbers

  • Sold once: by Nshama Properties on 10 March 2020 for AED 1,015,888, or AED 1,064 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 5.9%, before a service charge of about AED 15,500 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 15 July 2024.

Questions about 807, Parkviews Rawda Apartments

What did unit 807 last sell for?

AED 1,015,888 on 10 March 2020, sold by the developer: AED 1,064 per sqft for 954 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 60,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 54,000; the unit has been rented since July 2022.

How big is unit 807?

954 sqft (88.6 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower completed in 2020.

What is unit 807 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.

Selling 807? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 807, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.02M, 10 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,888
Deposit, UAE resident (20%)
AED 203,178
Deposit, non-resident (40%)
AED 406,355
Monthly over 25 years at 3.7%
AED 4,156

Plus AED 47,678 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →