2-bed · 990 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 1st floor · completed 2022

120, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 1.6M21 October 2020
Current rentAED 125K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Executive Residences 2 at Park Ridge

What is 120 worth today?

Last sold for AED 1,603,888 in 2020

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28 Sep 2026RentedNew contract
AED 125,000/yr12 months · AED 126 per sqft
1 Nov 2025RentedRenewal
AED 160,000/yr12 months · AED 162 per sqft
1 Nov 2024RentedRenewal
AED 160,000/yr12 months · AED 162 per sqft
1 Nov 2023RentedNew contract
AED 160,000/yr12 months · AED 162 per sqft
12 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 126 per sqft
21 Oct 2020Sold by developerOff-plan
AED 1,603,888AED 1,620 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
1st of 12
Parking
B2-2532
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.6M · October 2020

About 120, Executive Residences 2 at Park Ridge

120 is a two-bedroom apartment of 990 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 21 October 2020 for AED 1,603,888, or AED 1,620 per sqft, in line with the AED 1,587 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 28 September 2026, is AED 125,000 a year: a gross yield of 7.8% on the 2020 price.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M20192021202320252027Typical 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, October 2020: AED 1,603,888 (AED 1,620 per sqft)

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

Rents
Unit 120, each contractTypical two-bed in Executive Residences 2 at Park Ridge
120K140K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, October 2022: AED 125,000 a yearNew contract, November 2023: AED 160,000 a yearRenewal, November 2024: AED 160,000 a yearRenewal, November 2025: AED 160,000 a yearNew contract, September 2026: AED 125,000 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 120 sits

All 174 2-beds →

120 last sold in October 2020 at AED 1,620 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,587). 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. 120's AED 125,000 is in the lower half 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 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

120, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 21 October 2020 for AED 1,603,888, or AED 1,620 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 7.8%.
  • 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 28 September 2026.

Questions about 120, Executive Residences 2 at Park Ridge

What did unit 120 last sell for?

AED 1,603,888 on 21 October 2020, sold by the developer: AED 1,620 per sqft for 990 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 125,000 a year on the contract signed on 28 September 2026. The previous contract, from November 2025, was AED 160,000; the unit has been rented since October 2022.

How big is unit 120?

990 sqft (92.0 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 120 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 120, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.6M, 21 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,603,888
Deposit, UAE resident (20%)
AED 320,778
Deposit, non-resident (40%)
AED 641,555
Monthly over 25 years at 3.7%
AED 6,562

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