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2-bed · 1,005 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 2nd floor · completed 2022

205, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 21 November 2021
Last soldAED 1.58M21 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Executive Residences 2 at Park Ridge

What is 205 worth today?

Last sold for AED 1,578,888 in 2021

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21 Nov 2021Sold by developerOff-plan
AED 1,578,888AED 1,571 per sqft

Source: Dubai Land Department. Updated 21 November 2021.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
2nd of 12
Parking
B2-2631
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.58M · November 2021
Building
Executive Residences 2 at Park Ridge

About 205, Executive Residences 2 at Park Ridge

205 is a two-bedroom apartment of 1,005 sqft on the 2nd 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 November 2021 for AED 1,578,888, or AED 1,571 per sqft, in line with the AED 1,605 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, 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, November 2021: AED 1,578,888 (AED 1,571 per sqft)

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

Rents
Unit 205, 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 205 sits

All 174 2-beds →

205 last sold in November 2021 at AED 1,571 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,605). 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 115K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the 2nd floor

All 381 units in Executive Residences 2 at Park Ridge
Value
2012-bedAED 1.58M · Dec 2021
2022-bedAED 1.58M · Nov 2021
2032-bedAED 2.58M · Mar 2023
2042-bedAED 2.14M · Nov 2021
2062-bedAED 1.58M · May 2021
2072-bedAED 1.54M · Mar 2022
2081-bedAED 1.04M · Nov 2019
1–7 of 30

205, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 21 November 2021 for AED 1,578,888, or AED 1,571 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 21 November 2021.

Questions about 205, Executive Residences 2 at Park Ridge

What did unit 205 last sell for?

AED 1,578,888 on 21 November 2021, sold by the developer: AED 1,571 per sqft for 1,005 sqft. It is the only registered sale of the unit.

How big is unit 205?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 205 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 205, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.58M, 21 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,578,888
Deposit, UAE resident (20%)
AED 315,778
Deposit, non-resident (40%)
AED 631,555
Monthly over 25 years at 3.7%
AED 6,460

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