1-bed · 653 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1015, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 26 October 2021
Last soldAED 1.12M26 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1015, Executive Residences 2 at Park Ridge

What is 1015 worth today?

Last sold for AED 1,121,888 in 2021

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26 Oct 2021Sold by developerOff-plan
AED 1,121,888AED 1,719 per sqft

Source: Dubai Land Department. Updated 26 October 2021.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
10th of 12
Parking
B2-2163
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.12M · October 2021

About 1015, Executive Residences 2 at Park Ridge

1015 is a one-bedroom apartment of 653 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 26 October 2021 for AED 1,121,888, or AED 1,719 per sqft, in line with the AED 1,708 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1015 over time

Sales
Unit 1015, 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 2021: AED 1,121,888 (AED 1,719 per sqft)

1015 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1015, 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 1015 sits

All 176 1-beds →

1015 last sold in October 2021 at AED 1,719 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,708). 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

1015, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 26 October 2021 for AED 1,121,888, or AED 1,719 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 26 October 2021.

Questions about 1015, Executive Residences 2 at Park Ridge

What did unit 1015 last sell for?

AED 1,121,888 on 26 October 2021, sold by the developer: AED 1,719 per sqft for 653 sqft. It is the only registered sale of the unit.

How big is unit 1015?

653 sqft (60.7 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1015 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 1015, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.12M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,121,888
Deposit, UAE resident (20%)
AED 224,378
Deposit, non-resident (40%)
AED 448,755
Monthly over 25 years at 3.7%
AED 4,590

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