1-bed · 650 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 1st floor · completed 2022

115, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 1.47M25 May 2025
Current rentAED 72K /yr23 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Executive Residences 2 at Park Ridge

What is 115 worth today?

Last sold for AED 1,465,000 in 2025

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25 May 2025SoldReady
AED 1,465,000AED 2,255 per sqft
23 Oct 2023RentedRenewal
AED 72,000/yr12 months · AED 111 per sqft
23 Oct 2022RentedNew contract
AED 72,000/yr12 months · AED 111 per sqft
20 May 2022Sold by developerOff-plan
AED 1,090,888AED 1,679 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
1st of 12
Parking
B1-1284
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.47M · May 2025

About 115, Executive Residences 2 at Park Ridge

115 is a one-bedroom apartment of 650 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 25 May 2025 for AED 1,465,000, or AED 2,255 per sqft, in line with the AED 2,324 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 23 October 2023, is AED 72,000 a year: a gross yield of 4.9% on the 2025 price.

Sales and rents for 115 over time

Sales
Unit 115, 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, May 2022: AED 1,090,888 (AED 1,679 per sqft)Sold, May 2025: AED 1,465,000 (AED 2,255 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 92,500New contract, October 2022: AED 72,000 a yearRenewal, October 2023: AED 72,000 a year

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 115 sits

All 176 1-beds →

115 last sold in May 2025 at AED 2,255 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,324). 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. 115's AED 72,000 is in the lower half of that range.

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 117K /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
1032-bedAED 3.1M · Jan 2025
1042-bedAED 2.5M · Jan 2023
1052-bedAED 2.1M · Feb 2023
1062-bedAED 1.61M · Mar 2022
1072-bedAED 1.57M · Jun 2022
1–7 of 30

115, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 20 May 2022 for AED 1,090,888, last on 25 May 2025 for AED 1,465,000 (AED 2,255 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 4.9%.
  • 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 25 May 2025.

Questions about 115, Executive Residences 2 at Park Ridge

What did unit 115 last sell for?

AED 1,465,000 on 25 May 2025: AED 2,255 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 1,090,888 in May 2022.

What is the rent for unit 115?

AED 72,000 a year on the contract renewed on 23 October 2023. The previous contract, from October 2022, was AED 72,000.

How big is unit 115?

650 sqft (60.4 sqm): a one-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 115 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 115, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.47M, 25 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,465,000
Deposit, UAE resident (20%)
AED 293,000
Deposit, non-resident (40%)
AED 586,000
Monthly over 25 years at 3.7%
AED 5,994

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