2-bed · 1,288 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 1st floor · completed 2022

103, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in January 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 3.1M22 January 2025
Current rentAED 220K /yr3 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Executive Residences 2 at Park Ridge

What is 103 worth today?

Last sold for AED 3,100,000 in 2025

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22 Jan 2025SoldReady
AED 3,100,000AED 2,406 per sqft
3 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 171 per sqft
3 Mar 2023RentedNew contract
AED 200,000/yr12 months · AED 155 per sqft
5 Jan 2022Sold by developerOff-plan
AED 2,119,888AED 1,645 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
2-bed apartment
Size
1,288 sqft
Floor
1st of 12
Parking
B2-2240
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 3.1M · January 2025

About 103, Executive Residences 2 at Park Ridge

103 is a two-bedroom apartment of 1,288 sqft on the 1st 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 22 January 2025 for AED 3,100,000, or AED 2,406 per sqft, in line with the AED 2,459 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 3 March 2024, is AED 220,000 a year: a gross yield of 7.1% on the 2025 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M3M20192021202320252027Typical 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 2,119,888 (AED 1,645 per sqft)Sold, January 2025: AED 3,100,000 (AED 2,406 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K200K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, March 2023: AED 200,000 a yearNew contract, March 2024: AED 220,000 a year

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 103 sits

All 174 2-beds →

103 last sold in January 2025 at AED 2,406 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,459). 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. 103's AED 220,000 is at the top of that range.

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 118K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
1012-bedAED 1.61M · Mar 2022
1022-bedAED 1.61M · Jan 2022
1042-bedAED 2.5M · Jan 2023
1052-bedAED 2.1M · Feb 2023
1062-bedAED 1.61M · Mar 2022
1072-bedAED 1.57M · Jun 2022
1081-bedAED 1.03M · Oct 2019
1–7 of 30

103, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 5 January 2022 for AED 2,119,888, last on 22 January 2025 for AED 3,100,000 (AED 2,406 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 200,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2025 price is 7.1%.
  • 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 22 January 2025.

Questions about 103, Executive Residences 2 at Park Ridge

What did unit 103 last sell for?

AED 3,100,000 on 22 January 2025: AED 2,406 per sqft for 1,288 sqft. The unit has 2 registered sales; the first was AED 2,119,888 in January 2022.

What is the rent for unit 103?

AED 220,000 a year on the contract signed on 3 March 2024. The previous contract, from March 2023, was AED 200,000.

How big is unit 103?

1,288 sqft (119.7 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 103 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 103, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 3.1M, 22 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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