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

116, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 116 · DLD and Ejari recordsUpdated 1 December 2024

Last soldAED 1.04M28 October 2019

Current rentAED 79K /yr1 December 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 116, Executive Residences 2 at Park Ridge

Today

What is 116 worth today?

Last sold for AED 1,039,888 in 2019

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1 Dec 2024

1 Dec 2024RentedRenewal

AED 78,750/yr12 months · AED 120 per sqft

1 Dec 2023

1 Dec 2023RentedRenewal

AED 75,000/yr12 months · AED 114 per sqft

1 Dec 2022

1 Dec 2022RentedNew contract

AED 75,000/yr12 months · AED 114 per sqft

28 Oct 2019

28 Oct 2019Sold by developerOff-plan

AED 1,039,888AED 1,596 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type: 1-bed apartment
Size: 651 sqft
Floor: 1st of 12
Parking: B1-1283
Developer: Dubai Hills Estate
Completed: 2022
Last sold: AED 1.04M · October 2019
Building: Executive Residences 2 at Park Ridge

About 116, Executive Residences 2 at Park Ridge

116 is a one-bedroom apartment of 651 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. The developer sold it on 28 October 2019 for AED 1,039,888, or AED 1,596 per sqft, 4% below the AED 1,666 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 78,750 a year: a gross yield of 7.6% on the 2019 price.

Sales and rents for 116 over time

Sales

Unit 116, each saleTypical one-bed in Executive Residences 2 at Park Ridge

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

Rents

Unit 116, each contractTypical one-bed in Executive Residences 2 at Park Ridge

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 116 sits

All 176 1-beds →

1-beds in Executive Residences 2 at Park Ridge · last 12 months2,523 /sqft Executive Residences 2 at Park Ridge · all types2,448 /sqft

116 last sold in October 2019 at AED 1,596 per sqft, 4% below what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,666). 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. 116's AED 78,750 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
26 Jun 202626 June 2026	654 sqft	1,590,000	2,432
4 Jun 20264 June 2026	698 sqft	1,470,000	2,106
10 Apr 202610 April 2026	647 sqft	1,650,000	2,548
27 Mar 202627 March 2026	654 sqft	1,650,000	2,523

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 →

Other units on the 1st floor

All 381 units in Executive Residences 2 at Park Ridge


101	2-bed	992 sqft	AED 1.61MAED 1,606,888 · Mar 2022March 2022	165,000 /yr
102	2-bed	997 sqft	AED 1.61MAED 1,614,888 · Jan 2022January 2022	147,000 /yr
103	2-bed	1,288 sqft	AED 3.1MAED 3,100,000 · Jan 2025January 2025	220,000 /yr
104	2-bed	1,277 sqft	AED 2.5MAED 2,500,000 · Jan 2023January 2023	215,000 /yr
105	2-bed	1,005 sqft	AED 2.1MAED 2,100,000 · Feb 2023February 2023	200,000 /yr
106	2-bed	998 sqft	AED 1.61MAED 1,608,888 · Mar 2022March 2022	125,000 /yr
107	2-bed	988 sqft	AED 1.57MAED 1,572,888 · Jun 2022June 2022
108	1-bed	647 sqft	AED 1.03MAED 1,033,888 · Oct 2019October 2019	88,000 /yr
109	1-bed	651 sqft	AED 1.25MAED 1,250,000 · Feb 2024February 2024	75,000 /yr
110	1-bed	644 sqft	AED 1.4MAED 1,400,000 · Aug 2025August 2025	80,000 /yr
111	1-bed	655 sqft	AED 1.09MAED 1,092,888 · Apr 2022April 2022
112	1-bed	655 sqft	AED 1.08MAED 1,076,910 · Apr 2022April 2022	95,000 /yr
113	1-bed	649 sqft	AED 1.06MAED 1,064,170 · Jun 2022June 2022	105,000 /yr
114	1-bed	650 sqft	AED 1.09MAED 1,090,888 · Jun 2022June 2022	78,750 /yr
115	1-bed	650 sqft	AED 1.47MAED 1,465,000 · May 2025May 2025	72,000 /yr
117	1-bed	650 sqft	AED 1.28MAED 1,280,000 · Nov 2022November 2022	120,000 /yr
118	1-bed	650 sqft	AED 1.2MAED 1,200,000 · Oct 2022October 2022	82,500 /yr
119	2-bed	990 sqft	AED 1.79MAED 1,792,000 · Sep 2022September 2022
120	2-bed	990 sqft	AED 1.6MAED 1,603,888 · Oct 2020October 2020	125,000 /yr
121	2-bed	996 sqft	AED 1.64MAED 1,643,888 · Dec 2021December 2021	155,000 /yr
122	1-bed	652 sqft	AED 1.18MAED 1,175,888 · Mar 2022March 2022
123	1-bed	651 sqft	AED 1.07MAED 1,065,888 · Jun 2021June 2021	90,000 /yr
124	2-bed	994 sqft	AED 1.55MAED 1,550,888 · Jul 2022July 2022
125	2-bed	994 sqft	AED 1.55MAED 1,546,888 · Jun 2022June 2022	136,500 /yr
126	2-bed	1,000 sqft	AED 1.53MAED 1,531,888 · Jul 2022July 2022
127	3-bed	1,573 sqft	AED 2.43MAED 2,430,944 · Dec 2021December 2021	247,500 /yr
128	3-bed	1,579 sqft	AED 2.48MAED 2,475,594 · Nov 2021November 2021
129	2-bed	1,010 sqft	AED 2.5MAED 2,500,000 · Mar 2024March 2024
130	2-bed	1,005 sqft	AED 1.95MAED 1,950,000 · Feb 2023February 2023
131	1-bed	651 sqft	AED 1.52MAED 1,520,000 · May 2024May 2024	130,000 /yr

1–7 of 30

116, Executive Residences 2 at Park Ridge in numbers

Sold once: by Dubai Hills Estate on 28 October 2019 for AED 1,039,888, or AED 1,596 per sqft.
Rented since December 2022 on 3 Ejari contracts, from AED 75,000 to AED 78,750 a year.
At AED 78,750 a year the gross yield on the 2019 price is 7.6%.
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 1 December 2024.

Questions about 116, Executive Residences 2 at Park Ridge

What did unit 116 last sell for?

AED 1,039,888 on 28 October 2019, sold by the developer: AED 1,596 per sqft for 651 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 78,750 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 75,000; the unit has been rented since December 2022.

How big is unit 116?

651 sqft (60.5 sqm): a one-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 116 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 116, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.04M, 28 October 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,039,888
Deposit, UAE resident (20%): AED 207,978
Deposit, non-resident (40%): AED 415,955
Monthly over 25 years at 3.7%: AED 4,255

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