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2-bed · 997 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1002, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 1.61M11 August 2021
Current rentAED 150K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Executive Residences 2 at Park Ridge

What is 1002 worth today?

Last sold for AED 1,608,888 in 2021

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25 Mar 2026RentedRenewal
AED 150,000/yr12 months · AED 150 per sqft
25 Mar 2025RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
11 Aug 2021Sold by developerOff-plan
AED 1,608,888AED 1,613 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
10th of 12
Parking
B2-2531
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.61M · August 2021
Building
Executive Residences 2 at Park Ridge

About 1002, Executive Residences 2 at Park Ridge

1002 is a two-bedroom apartment of 997 sqft on the 10th floor of Executive Residences 2 at Park Ridge, a 12-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 11 August 2021 for AED 1,608,888, or AED 1,613 per sqft, in line with the AED 1,612 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 150,000 a year: a gross yield of 9.3% on the 2021 price.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M20192021202320252027Typical sale price by year: 2019 AED 1,602,888; 2020 AED 1,611,388; 2021 AED 1,596,888; 2022 AED 1,605,888; 2023 AED 2,150,000; 2024 AED 2,500,000; 2025 AED 2,725,000; 2026 AED 2,350,000Sold by developer, August 2021: AED 1,608,888 (AED 1,613 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, March 2025: AED 150,000 a yearRenewal, March 2026: AED 150,000 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 Executive Residences 2 at Park Ridge, and where 1002 sits

All 174 2-beds →

1002 last sold in August 2021 at AED 1,613 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,612). Over the last 12 months two-beds sold for AED 2,050,000 to 3,500,000, around AED 2,436 per sqft, and rent for AED 60,000 to 200,000 a year. 1002's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,550,000
22 Sep 20262,330,000
17 Aug 20262,425,000
4 Aug 20262,150,000
14 2-bed sales in the last 12 months

Executive Residences 2 at Park Ridge

Building

381 apartments, 1-bed to 3-bed over 12 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 29 sold in the last 12 months.

Typical price per sqft
AED 2,448 Down 1.4%
Typical sale
AED 2.33M
Typical rent
AED 115K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 381 units in Executive Residences 2 at Park Ridge
Value
10012-bedAED 1.6M · Jun 2021
10033-bedAED 3.91M · Sep 2022
10042-bedAED 1.6M · Jun 2021
10052-bedAED 1.6M · Sep 2021
10062-bedAED 1.57M · Sep 2021
10071-bedAED 1.06M · Nov 2019
10081-bedAED 1.65M · Mar 2026
1–7 of 29

1002, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 11 August 2021 for AED 1,608,888, or AED 1,613 per sqft.
  • Rented since March 2025 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 9.3%.
  • Two-beds in Executive Residences 2 at Park Ridge sold for AED 2,050,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,448 per sqft.

Source: Dubai Land Department. Updated 25 March 2026.

Questions about 1002, Executive Residences 2 at Park Ridge

What did unit 1002 last sell for?

AED 1,608,888 on 11 August 2021, sold by the developer: AED 1,613 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 150,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 150,000.

How big is unit 1002?

997 sqft (92.6 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Residences 2 at Park Ridge sold for AED 2,050,000 to 3,500,000 in the last 12 months, around AED 2,436 per sqft.

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Mortgage on 1002, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.61M, 11 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,608,888
Deposit, UAE resident (20%)
AED 321,778
Deposit, non-resident (40%)
AED 643,555
Monthly over 25 years at 3.7%
AED 6,582

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →