Home
Dubai prices
About
Research
2-bed · 994 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 1st floor · completed 2022

124, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 4 July 2022
Last soldAED 1.55M4 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 124

Property timeline for 124, Executive Residences 2 at Park Ridge

What is 124 worth today?

Last sold for AED 1,550,888 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jul 2022Sold by developerOff-plan
AED 1,550,888AED 1,559 per sqft

Source: Dubai Land Department. Updated 4 July 2022.

Key facts

Type
2-bed apartment
Size
994 sqft
Floor
1st of 12
Parking
G-005
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.55M · July 2022
Building
Executive Residences 2 at Park Ridge

About 124, Executive Residences 2 at Park Ridge

124 is a two-bedroom apartment of 994 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 4 July 2022 for AED 1,550,888, or AED 1,559 per sqft, in line with the AED 1,594 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 124 over time

Sales
Unit 124, 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, July 2022: AED 1,550,888 (AED 1,559 per sqft)

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

Rents
Unit 124, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000

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 124 sits

All 174 2-beds →

124 last sold in July 2022 at AED 1,559 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,594). 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.

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 →

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

124, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 4 July 2022 for AED 1,550,888, or AED 1,559 per sqft.
  • 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 4 July 2022.

Questions about 124, Executive Residences 2 at Park Ridge

What did unit 124 last sell for?

AED 1,550,888 on 4 July 2022, sold by the developer: AED 1,559 per sqft for 994 sqft. It is the only registered sale of the unit.

How big is unit 124?

994 sqft (92.3 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 124 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.

Selling 124? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 124, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.55M, 4 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,888
Deposit, UAE resident (20%)
AED 310,178
Deposit, non-resident (40%)
AED 620,355
Monthly over 25 years at 3.7%
AED 6,345

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