Home
Dubai prices
About
Research
2-bed · 994 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1024, Executive Residences 2 at Park Ridge

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

Unit 1024 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 1.8M6 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1024

Property timeline for 1024, Executive Residences 2 at Park Ridge

What is 1024 worth today?

Last sold for AED 1,800,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Jul 2023SoldReady
AED 1,800,000AED 1,811 per sqft
10 Jan 2022Sold by developerOff-plan
AED 1,595,888AED 1,606 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
2-bed apartment
Size
994 sqft
Floor
10th of 12
Parking
B2-2567
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.8M · July 2023
Building
Executive Residences 2 at Park Ridge

About 1024, Executive Residences 2 at Park Ridge

1024 is a two-bedroom apartment of 994 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 6 July 2023 for AED 1,800,000, or AED 1,811 per sqft, 4% below the AED 1,877 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1024 over time

Sales
Unit 1024, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M20192021202320252027Typical sale price by year: 2019 AED 1,602,888; 2020 AED 1,611,388; 2021 AED 1,596,888; 2022 AED 1,605,888; 2023 AED 2,150,000; 2024 AED 2,500,000; 2025 AED 2,725,000; 2026 AED 2,350,000Sold by developer, January 2022: AED 1,595,888 (AED 1,606 per sqft)Sold, July 2023: AED 1,800,000 (AED 1,811 per sqft)

1024 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1024, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000

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 1024 sits

All 174 2-beds →

1024 last sold in July 2023 at AED 1,811 per sqft, 4% below what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,877). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,550,000
22 Sep 20262,330,000
17 Aug 20262,425,000
4 Aug 20262,150,000
14 2-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
10071-bedAED 1.06M · Nov 2019
1–7 of 29

1024, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 10 January 2022 for AED 1,595,888, last on 6 July 2023 for AED 1,800,000 (AED 1,811 per sqft).
  • 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 6 July 2023.

Questions about 1024, Executive Residences 2 at Park Ridge

What did unit 1024 last sell for?

AED 1,800,000 on 6 July 2023: AED 1,811 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 1,595,888 in January 2022.

How big is unit 1024?

994 sqft (92.3 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1024 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.

Selling 1024? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1024, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.8M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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