1-bed · 651 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 11th floor · completed 2022

1122, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1122 · DLD and Ejari recordsUpdated 27 December 2022
Last soldAED 1.27M27 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1122, Executive Residences 2 at Park Ridge

What is 1122 worth today?

Last sold for AED 1,270,000 in 2022

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27 Dec 2022SoldReady
AED 1,270,000AED 1,949 per sqft
17 Jun 2021Sold by developerOff-plan
AED 1,121,888AED 1,722 per sqft

Source: Dubai Land Department. Updated 27 December 2022.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
11th of 12
Parking
B2-2143
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.27M · December 2022

About 1122, Executive Residences 2 at Park Ridge

1122 is a one-bedroom apartment of 651 sqft on the 11th 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 27 December 2022 for AED 1,270,000, or AED 1,949 per sqft, 12% above the AED 1,742 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1122 over time

Sales
Unit 1122, 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, June 2021: AED 1,121,888 (AED 1,722 per sqft)Sold, December 2022: AED 1,270,000 (AED 1,949 per sqft)

1122 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1122, 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 94,500

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 1122 sits

All 176 1-beds →

1122 last sold in December 2022 at AED 1,949 per sqft, 12% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,742). 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 115K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
11011-bedAED 1.11M · Jun 2022
11021-bedAED 1.32M · Apr 2023
11031-bedAED 1.13M · Mar 2021
11041-bedAED 1.64M · Apr 2025
11051-bedAED 1.11M · Jun 2022
11061-bedAED 980K · May 2022
11071-bedAED 980K · May 2022
1–7 of 19

1122, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 17 June 2021 for AED 1,121,888, last on 27 December 2022 for AED 1,270,000 (AED 1,949 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 27 December 2022.

Questions about 1122, Executive Residences 2 at Park Ridge

What did unit 1122 last sell for?

AED 1,270,000 on 27 December 2022: AED 1,949 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 1,121,888 in June 2021.

How big is unit 1122?

651 sqft (60.5 sqm): a one-bedroom apartment on the 11th floor of a 12-storey tower completed in 2022.

What is unit 1122 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 1122, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.27M, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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