1-bed · 654 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1010, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 9 January 2023
Last soldAED 1.23M9 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Executive Residences 2 at Park Ridge

What is 1010 worth today?

Last sold for AED 1,225,000 in 2023

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9 Jan 2023SoldReady
AED 1,225,000AED 1,872 per sqft
24 Mar 2021Sold by developerOff-plan
AED 1,125,888AED 1,720 per sqft

Source: Dubai Land Department. Updated 9 January 2023.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
10th of 12
Parking
B2-2153
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.23M · January 2023

About 1010, Executive Residences 2 at Park Ridge

1010 is a one-bedroom apartment of 654 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. It last sold on 9 January 2023 for AED 1,225,000, or AED 1,872 per sqft, 7% above the AED 1,743 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1010 over time

Sales
Unit 1010, 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, March 2021: AED 1,125,888 (AED 1,720 per sqft)Sold, January 2023: AED 1,225,000 (AED 1,872 per sqft)

1010 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1010, 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 92,500

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 1010 sits

All 176 1-beds →

1010 last sold in January 2023 at AED 1,872 per sqft, 7% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,743). 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 117K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →
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
10071-bedAED 1.06M · Nov 2019
1–7 of 29

1010, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 24 March 2021 for AED 1,125,888, last on 9 January 2023 for AED 1,225,000 (AED 1,872 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 9 January 2023.

Questions about 1010, Executive Residences 2 at Park Ridge

What did unit 1010 last sell for?

AED 1,225,000 on 9 January 2023: AED 1,872 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 1,125,888 in March 2021.

How big is unit 1010?

654 sqft (60.8 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1010 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 1010, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.23M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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