1023, Executive Residences 2 at Park Ridge
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1023, Executive Residences 2 at Park Ridge
What is 1023 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 993 sqft
- Floor
- 10th of 12
- Parking
- B2-2530
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Last sold
- AED 2.4M · June 2024
About 1023, Executive Residences 2 at Park Ridge
1023 is a two-bedroom apartment of 993 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 June 2024 for AED 2,400,000, or AED 2,416 per sqft, 4% above the AED 2,317 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 15 August 2026, is AED 118,000 a year: a gross yield of 4.9% on the 2024 price.
Sales and rents for 1023 over time
1023 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1023 sits
All 174 2-beds →1023 last sold in June 2024 at AED 2,416 per sqft, 4% above what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,317). 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. 1023's AED 118,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,006 sqft | 2,550,000 | 2,534 | ||
| 22 Sep 202622 September 2026 | 1,273 sqft | 2,330,000 | 1,830 | ||
| 17 Aug 202617 August 2026 | 990 sqft | 2,425,000 | 2,448 | ||
| 4 Aug 20264 August 2026 | 993 sqft | 2,150,000 | 2,164 |
Executive Residences 2 at Park Ridge
Building381 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%
Other units on the 10th floor
All 381 units in Executive Residences 2 at Park Ridge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 993 sqft | AED 1.6MAED 1,599,888 · Jun 2021June 2021 | 110,000 /yr | |
| 1002 | 2-bed | 997 sqft | AED 1.61MAED 1,608,888 · Aug 2021August 2021 | 150,000 /yr | |
| 1003 | 3-bed | 2,626 sqft | AED 3.91MAED 3,913,888 · Sep 2022September 2022 | 375,000 /yr | |
| 1004 | 2-bed | 1,006 sqft | AED 1.6MAED 1,601,888 · Jun 2021June 2021 | 190,000 /yr | |
| 1005 | 2-bed | 998 sqft | AED 1.6MAED 1,601,888 · Sep 2021September 2021 | 175,000 /yr | |
| 1006 | 2-bed | 989 sqft | AED 1.57MAED 1,565,888 · Sep 2021September 2021 | ||
| 1007 | 1-bed | 647 sqft | AED 1.06MAED 1,056,888 · Nov 2019November 2019 | ||
| 1008 | 1-bed | 654 sqft | AED 1.65MAED 1,650,000 · Mar 2026March 2026 | 82,000 /yr | |
| 1009 | 1-bed | 647 sqft | AED 1.12MAED 1,117,888 · Mar 2021March 2021 | 84,000 /yr | |
| 1010 | 1-bed | 654 sqft | AED 1.23MAED 1,225,000 · Jan 2023January 2023 | ||
| 1011 | 1-bed | 655 sqft | AED 1.16MAED 1,155,888 · Apr 2022April 2022 | 100,000 /yr | |
| 1012 | 1-bed | 650 sqft | AED 1.7MAED 1,700,000 · Aug 2025August 2025 | 125,000 /yr | |
| 1013 | 1-bed | 652 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | 100,000 /yr | |
| 1014 | 1-bed | 650 sqft | AED 1.12MAED 1,121,888 · Oct 2021October 2021 | ||
| 1015 | 1-bed | 653 sqft | AED 1.12MAED 1,121,888 · Oct 2021October 2021 | ||
| 1016 | 1-bed | 652 sqft | AED 1.15MAED 1,145,888 · Mar 2020March 2020 | 92,400 /yr | |
| 1017 | 1-bed | 650 sqft | AED 1.17MAED 1,169,888 · Oct 2020October 2020 | 100,000 /yr | |
| 1018 | 2-bed | 990 sqft | AED 1.67MAED 1,665,888 · Sep 2021September 2021 | 170,000 /yr | |
| 1019 | 2-bed | 990 sqft | AED 2.8MAED 2,800,000 · Oct 2024October 2024 | 153,700 /yr | |
| 1020 | 2-bed | 995 sqft | AED 2.21MAED 2,210,000 · May 2023May 2023 | ||
| 1021 | 1-bed | 327 sqft | AED 1.15MAED 1,145,888 · Dec 2019December 2019 | 90,000 /yr | |
| 1022 | 1-bed | 652 sqft | AED 1.14MAED 1,144,888 · Mar 2022March 2022 | 88,000 /yr | |
| 1024 | 2-bed | 994 sqft | AED 1.8MAED 1,800,000 · Jul 2023July 2023 | ||
| 1025 | 2-bed | 1,001 sqft | AED 1.61MAED 1,613,888 · Apr 2022April 2022 | ||
| 1026 | 3-bed | 1,575 sqft | AED 2.6MAED 2,600,000 · Nov 2022November 2022 | 253,000 /yr | |
| 1027 | 3-bed | 1,580 sqft | AED 4.15MAED 4,150,000 · Dec 2024December 2024 | 245,000 /yr | |
| 1028 | 2-bed | 1,011 sqft | AED 2.3MAED 2,300,000 · Jun 2024June 2024 | ||
| 1029 | 2-bed | 1,006 sqft | AED 2.15MAED 2,150,000 · Aug 2023August 2023 | 145,000 /yr | |
| 1030 | 1-bed | 651 sqft | AED 1.1MAED 1,097,888 · Mar 2020March 2020 | 120,000 /yr |
1023, Executive Residences 2 at Park Ridge in numbers
- Sold 3 times: first on 24 November 2021 for AED 1,598,888, last on 7 June 2024 for AED 2,400,000 (AED 2,416 per sqft).
- Rented since July 2024 on 4 Ejari contracts, from AED 155,000 to AED 118,000 a year.
- At AED 118,000 a year the gross yield on the 2024 price is 4.9%.
- 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 15 August 2026.
Questions about 1023, Executive Residences 2 at Park Ridge
What did unit 1023 last sell for?
AED 2,400,000 on 7 June 2024: AED 2,416 per sqft for 993 sqft. The unit has 3 registered sales; the first was AED 1,598,888 in November 2021.
What is the rent for unit 1023?
AED 118,000 a year on the contract signed on 15 August 2026. The previous contract, from July 2025, was AED 155,000; the unit has been rented since July 2024.
How big is unit 1023?
993 sqft (92.3 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.
What is unit 1023 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 1023, Executive Residences 2 at Park Ridge
Starts from the last sale price (AED 2.4M, 7 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →