Piled raft foundations are the composite construction of a spread foundation and a few number of piles that are usually used in soft soils to compensate the weakness of a raft in satisfying the design requirements. Due to the complex behaviour of piled raft, it is necessary to take into account a number of factors such as pile geometry and arrangement, raft thicknesses, soil properties and loading condition in the design. In this study, a parametric study has been conducted by a three-dimensional finite-element method considering the full interaction between the components of piled raft foundation. The underlying soil consists of Babol clay in drained condition with various stiffness and plasticity, determined from the results of a geotechnical investigation. The results of numerical analyses show that the bearing capacity of piled raft obviously increases with increasing pile length, pile spacing and raft thickness, especially in stiff clay. The effect of load type is more significant for the differential settlement and pile loads than other parameters. Finally, the advantages of using an optimum design method are examined in a special case of analyses and a case history.