1-bed · 650 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1012, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold 3 times, last in August 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 7 August 2025
Last soldAED 1.7M7 August 2025
Current rentAED 125K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Executive Residences 2 at Park Ridge

What is 1012 worth today?

Last sold for AED 1,700,000 in 2025

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7 Aug 2025SoldReady
AED 1,700,000AED 2,614 per sqft
10 Oct 2024RentedNew contract
AED 125,000/yr12 months · AED 194 per sqft
11 Jul 2024SoldReady
AED 1,450,000AED 2,229 per sqft
8 Dec 2023RentedRenewal
AED 78,750/yr12 months · AED 122 per sqft
8 Dec 2022RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
6 Oct 2020Sold by developerOff-plan
AED 1,093,888AED 1,682 per sqft

Source: Dubai Land Department. Updated 7 August 2025.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
10th of 12
Parking
B2-2108
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.7M · August 2025

About 1012, Executive Residences 2 at Park Ridge

1012 is a one-bedroom apartment of 650 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 7 August 2025 for AED 1,700,000, or AED 2,614 per sqft, 5% above the AED 2,488 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 October 2024, is AED 125,000 a year: a gross yield of 7.3% on the 2025 price.

Sales and rents for 1012 over time

Sales
Unit 1012, 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, October 2020: AED 1,093,888 (AED 1,682 per sqft)Sold, July 2024: AED 1,450,000 (AED 2,229 per sqft)Sold, August 2025: AED 1,700,000 (AED 2,614 per sqft)

1012 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1012, each contractTypical one-bed in Executive Residences 2 at Park Ridge
75K100K125K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 94,500New contract, December 2022: AED 75,000 a yearRenewal, December 2023: AED 78,750 a yearNew contract, October 2024: AED 125,000 a year

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 1012 sits

All 176 1-beds →

1012 last sold in August 2025 at AED 2,614 per sqft, 5% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,488). 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. 1012's AED 125,000 is in the upper half of that range.

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 118K /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

1012, Executive Residences 2 at Park Ridge in numbers

  • Sold 3 times: first on 6 October 2020 for AED 1,093,888, last on 7 August 2025 for AED 1,700,000 (AED 2,614 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, from AED 75,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 7.3%.
  • 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 7 August 2025.

Questions about 1012, Executive Residences 2 at Park Ridge

What did unit 1012 last sell for?

AED 1,700,000 on 7 August 2025: AED 2,614 per sqft for 650 sqft. The unit has 3 registered sales; the first was AED 1,093,888 in October 2020.

What is the rent for unit 1012?

AED 125,000 a year on the contract signed on 10 October 2024. The previous contract, from December 2023, was AED 78,750; the unit has been rented since December 2022.

How big is unit 1012?

650 sqft (60.4 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1012 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 1012, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.7M, 7 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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