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1-bed · 647 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1007, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 27 November 2019
Last soldAED 1.06M27 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1007, Executive Residences 2 at Park Ridge

What is 1007 worth today?

Last sold for AED 1,056,888 in 2019

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27 Nov 2019Sold by developerOff-plan
AED 1,056,888AED 1,633 per sqft

Source: Dubai Land Department. Updated 27 November 2019.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
10th of 12
Parking
B1-1296
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.06M · November 2019
Building
Executive Residences 2 at Park Ridge

About 1007, Executive Residences 2 at Park Ridge

1007 is a one-bedroom apartment of 647 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 27 November 2019 for AED 1,056,888, or AED 1,633 per sqft, in line with the AED 1,671 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Executive Residences 2 at Park Ridge
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,087,888; 2020 AED 1,115,888; 2021 AED 1,116,888; 2022 AED 1,134,888; 2023 AED 1,296,944; 2024 AED 1,500,000; 2025 AED 1,725,000; 2026 AED 1,590,000Sold by developer, November 2019: AED 1,056,888 (AED 1,633 per sqft)

1007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K90K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 94,500

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Executive Residences 2 at Park Ridge, and where 1007 sits

All 176 1-beds →

1007 last sold in November 2019 at AED 1,633 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,671). Over the last 12 months one-beds sold for AED 1,450,000 to 2,000,000, around AED 2,523 per sqft, and rent for AED 70,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20261,590,000
4 Jun 20261,470,000
10 Apr 20261,650,000
27 Mar 20261,650,000
10 1-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
10022-bedAED 1.61M · Aug 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
10081-bedAED 1.65M · Mar 2026
1–7 of 29

1007, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 27 November 2019 for AED 1,056,888, or AED 1,633 per sqft.
  • One-beds in Executive Residences 2 at Park Ridge sold for AED 1,450,000–2,000,000 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 27 November 2019.

Questions about 1007, Executive Residences 2 at Park Ridge

What did unit 1007 last sell for?

AED 1,056,888 on 27 November 2019, sold by the developer: AED 1,633 per sqft for 647 sqft. It is the only registered sale of the unit.

How big is unit 1007?

647 sqft (60.1 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Residences 2 at Park Ridge sold for AED 1,450,000 to 2,000,000 in the last 12 months, around AED 2,523 per sqft.

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Mortgage on 1007, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.06M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,056,888
Deposit, UAE resident (20%)
AED 211,378
Deposit, non-resident (40%)
AED 422,755
Monthly over 25 years at 3.7%
AED 4,324

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