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

117, Executive Residences 2 at Park Ridge

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

Unit 117 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 1.28M30 November 2022
Current rentAED 120K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 117, Executive Residences 2 at Park Ridge

What is 117 worth today?

Last sold for AED 1,280,000 in 2022

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9 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 186 per sqft
9 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 186 per sqft
30 Nov 2022Sold by developerReady
AED 1,280,000AED 1,970 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
1st of 12
Parking
B1-1267
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.28M · November 2022
Building
Executive Residences 2 at Park Ridge

About 117, Executive Residences 2 at Park Ridge

117 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. The developer sold it on 30 November 2022 for AED 1,280,000, or AED 1,970 per sqft, 13% above the AED 1,740 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 9 January 2025, is AED 120,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 117 over time

Sales
Unit 117, 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, November 2022: AED 1,280,000 (AED 1,970 per sqft)

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

Rents
Unit 117, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K100K120K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 94,500New contract, January 2025: AED 120,000 a yearNew contract, January 2025: AED 120,000 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 117 sits

All 176 1-beds →

117 last sold in November 2022 at AED 1,970 per sqft, 13% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,740). 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. 117's AED 120,000 is in the upper 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 118K /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
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

117, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 30 November 2022 for AED 1,280,000, or AED 1,970 per sqft.
  • Rented since January 2025 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 9.4%.
  • 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 9 January 2025.

Questions about 117, Executive Residences 2 at Park Ridge

What did unit 117 last sell for?

AED 1,280,000 on 30 November 2022, sold by the developer: AED 1,970 per sqft for 650 sqft. It is the only registered sale of the unit.

What is the rent for unit 117?

AED 120,000 a year on the contract signed on 9 January 2025. The previous contract, from January 2025, was AED 120,000.

How big is unit 117?

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

What is unit 117 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 117, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.28M, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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