3-bed · 1,580 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 10th floor · completed 2022

1027, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1027 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 4.15M9 December 2024
Current rentAED 245K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1027, Executive Residences 2 at Park Ridge

What is 1027 worth today?

Last sold for AED 4,150,000 in 2024

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15 Mar 2026RentedRenewal
AED 245,000/yr12 months · AED 155 per sqft
15 Mar 2025RentedNew contract
AED 245,000/yr12 months · AED 155 per sqft
15 Mar 2025RentedNew contract
AED 245,000/yr12 months · AED 155 per sqft
9 Dec 2024SoldReady
AED 4,150,000AED 2,626 per sqft
22 Jul 2024RentedRenewal
AED 231,000/yr12 months · AED 146 per sqft
5 Mar 2020Sold by developerOff-plan
AED 2,596,888AED 1,643 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
3-bed apartment
Size
1,580 sqft
Floor
10th of 12
Parking
B2-2589
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 4.15M · December 2024

About 1027, Executive Residences 2 at Park Ridge

1027 is a three-bedroom apartment of 1,580 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 December 2024 for AED 4,150,000, or AED 2,626 per sqft, 29% above the AED 2,034 three-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 245,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 1027 over time

Sales
Unit 1027, each saleTypical three-bed in Executive Residences 2 at Park Ridge
4M2020202220242026Typical sale price by year: 2020 AED 2,596,888; 2021 AED 2,575,888; 2022 AED 2,998,388; 2023 AED 3,500,000; 2024 AED 3,850,000; 2025 AED 4,800,000; 2026 AED 4,525,000Sold by developer, March 2020: AED 2,596,888 (AED 1,643 per sqft)Sold, December 2024: AED 4,150,000 (AED 2,626 per sqft)

1027 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1027, each contractTypical three-bed in Executive Residences 2 at Park Ridge
220K240K202220242026Typical rent by year: 2022 AED 216,750; 2023 AED 220,000; 2024 AED 231,000; 2025 AED 245,000; 2026 AED 247,500Renewal, July 2024: AED 231,000 a yearNew contract, March 2025: AED 245,000 a yearNew contract, March 2025: AED 245,000 a yearRenewal, March 2026: AED 245,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Executive Residences 2 at Park Ridge, and where 1027 sits

All 31 3-beds →

1027 last sold in December 2024 at AED 2,626 per sqft, 29% above what three-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,034). Over the last 12 months three-beds sold for AED 3,900,000 to 4,975,000, around AED 2,224 per sqft, and rent for AED 210,000 to 380,000 a year. 1027's AED 245,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Sep 20264,850,000
12 Feb 20264,750,000
2 Feb 20264,300,000
18 Jan 20263,900,000
5 3-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 →
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

1027, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 5 March 2020 for AED 2,596,888, last on 9 December 2024 for AED 4,150,000 (AED 2,626 per sqft).
  • Rented since July 2024 on 4 Ejari contracts, from AED 231,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 5.9%.
  • Three-beds in Executive Residences 2 at Park Ridge sold for AED 3,900,000–4,975,000 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 March 2026.

Questions about 1027, Executive Residences 2 at Park Ridge

What did unit 1027 last sell for?

AED 4,150,000 on 9 December 2024: AED 2,626 per sqft for 1,580 sqft. The unit has 2 registered sales; the first was AED 2,596,888 in March 2020.

What is the rent for unit 1027?

AED 245,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 245,000; the unit has been rented since July 2024.

How big is unit 1027?

1,580 sqft (146.8 sqm): a three-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1027 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Residences 2 at Park Ridge sold for AED 3,900,000 to 4,975,000 in the last 12 months, around AED 2,224 per sqft.

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Mortgage on 1027, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 4.15M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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