Parkside Rawda Apartments — project image
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Parkside Rawda Apartments

From AED 1.20M·Completed Dec 2022·Developer payment plan available Payment
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AED 1.20M
Starting Price
Dec 2022
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

Parkside Rawda Apartments is a residential project by developer Nshama, located in the popular Town Square area. The complex consists of four buildings of various storeys and offers a collection of stylish apartments with one, two and three bedrooms, which are ideal for a comfortable family stay. The architecture of the complex is designed in a modern style with an emphasis on space and maximum sunlight. The interiors are distinguished by high-quality finishes and ergonomic planning solutions. Panoramic glazing fills the rooms with natural light, creating an atmosphere of comfort, and spacious balconies serve as an ideal place to relax and admire the picturesque surroundings. Residents have access to a wide range of amenities for an active lifestyle and quality leisure. There are swimming pools with sun terraces, a modern gym and children's playgrounds on site. The infrastructure of the Town Square area includes a variety of shops, bike paths, walking alleys and a cinema. The location of the complex provides convenient access to key points of the city. A short walk away is Town Square Park, an extensive green area with playgrounds for recreation and games. IMG Worlds of Adventure Theme Park and Dubai Butterfly Garden are a 10- to 15-minute drive away, while Mudon Community Centre and Cityland Mall are about a 15-minute drive away.

Project Specifications
DeveloperNshama
LocationTown Square
Unit Types1 BR, Apartments
AreaTown Square
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 51,780 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,180
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 552,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Nshama.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Bike path
Central A/C
Children’s pool
Community Lawn
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Outdoor cinema
Parking
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Walking paths

Location

Parkside Rawda Apartments location map
Project location

Nearby Destinations

Town Square

Developer and Project Facts

01

Parkside Rawda Apartments by Nshama

02

Located in Town Square

03

Starting from AED 1,200,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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