2-bed · 1,144 sqftParkviews Rawda Apartments, Town Square · 8th floor · completed 2020

817, Parkviews Rawda Apartments

Sold prices and rental history: sold twice, last in September 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 817 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 1.24M9 September 2024
Current rentAED 50K /yr25 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 817, Parkviews Rawda Apartments

What is 817 worth today?

Last sold for AED 1,240,000 in 2024

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9 Sep 2024SoldReady
AED 1,240,000AED 1,084 per sqft
25 Aug 2021RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
25 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
8 Mar 2020Sold by developerOff-plan
AED 1,079,888AED 944 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
2-bed apartment
Size
1,144 sqft
Floor
8th of 12
Parking
P-173
Developer
Nshama Properties
Completed
2020
Service charge
AED 18,600 /yr
Last sold
AED 1.24M · September 2024

About 817, Parkviews Rawda Apartments

817 is a two-bedroom apartment of 1,144 sqft on the 8th floor of Parkviews Rawda Apartments, a 12-storey tower in Town Square completed in 2020 by Nshama Properties. It last sold on 9 September 2024 for AED 1,240,000, or AED 1,084 per sqft, 5% above the AED 1,032 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 25 August 2021, is AED 50,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 817 over time

Sales
Unit 817, 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 1,079,888 (AED 944 per sqft)Sold, September 2024: AED 1,240,000 (AED 1,084 per sqft)

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

Rents
Unit 817, 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 97,500New contract, August 2020: AED 50,000 a yearRenewal, August 2021: AED 50,000 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 817 sits

All 114 2-beds →

817 last sold in September 2024 at AED 1,084 per sqft, 5% above what two-beds in Parkviews Rawda Apartments were fetching at the time (AED 1,032). 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. 817's AED 50,000 is at the bottom 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
8072-bedAED 1.02M · Mar 2020
1–7 of 16

817, Parkviews Rawda Apartments in numbers

  • Sold twice: first on 8 March 2020 for AED 1,079,888, last on 9 September 2024 for AED 1,240,000 (AED 1,084 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 18,600 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 9 September 2024.

Questions about 817, Parkviews Rawda Apartments

What did unit 817 last sell for?

AED 1,240,000 on 9 September 2024: AED 1,084 per sqft for 1,144 sqft. The unit has 2 registered sales; the first was AED 1,079,888 in March 2020.

What is the rent for unit 817?

AED 50,000 a year on the contract renewed on 25 August 2021. The previous contract, from August 2020, was AED 50,000.

How big is unit 817?

1,144 sqft (106.3 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower completed in 2020.

What is unit 817 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 817, Parkviews Rawda Apartments

Starts from the last sale price (AED 1.24M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

Plus AED 57,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →