2-bed · 998 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 2nd floor · completed 2022

206, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 1.58M6 May 2021
Current rentAED 120K /yr23 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Executive Residences 2 at Park Ridge

What is 206 worth today?

Last sold for AED 1,578,888 in 2021

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23 Jun 2026RentedNew contract
AED 120,000/yr12 months · AED 120 per sqft
16 May 2025RentedRenewal
AED 150,000/yr12 months · AED 150 per sqft
16 May 2025RentedRenewal
AED 150,000/yr12 months · AED 150 per sqft
16 May 2024RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
6 May 2021Sold by developerOff-plan
AED 1,578,888AED 1,581 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
2-bed apartment
Size
998 sqft
Floor
2nd of 12
Parking
B2-2606
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.58M · May 2021

About 206, Executive Residences 2 at Park Ridge

206 is a two-bedroom apartment of 998 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 6 May 2021 for AED 1,578,888, or AED 1,581 per sqft, in line with the AED 1,612 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 23 June 2026, is AED 120,000 a year: a gross yield of 7.6% on the 2021 price.

Sales and rents for 206 over time

Sales
Unit 206, 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, May 2021: AED 1,578,888 (AED 1,581 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Executive Residences 2 at Park Ridge
125K150K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, May 2024: AED 150,000 a yearRenewal, May 2025: AED 150,000 a yearRenewal, May 2025: AED 150,000 a yearNew contract, June 2026: AED 120,000 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 206 sits

All 174 2-beds →

206 last sold in May 2021 at AED 1,581 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,612). 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. 206's AED 120,000 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 115K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →
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
2052-bedAED 1.58M · Nov 2021
2072-bedAED 1.54M · Mar 2022
2081-bedAED 1.04M · Nov 2019
1–7 of 30

206, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 6 May 2021 for AED 1,578,888, or AED 1,581 per sqft.
  • Rented since May 2024 on 4 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 7.6%.
  • 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 23 June 2026.

Questions about 206, Executive Residences 2 at Park Ridge

What did unit 206 last sell for?

AED 1,578,888 on 6 May 2021, sold by the developer: AED 1,581 per sqft for 998 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 120,000 a year on the contract signed on 23 June 2026. The previous contract, from May 2025, was AED 150,000; the unit has been rented since May 2024.

How big is unit 206?

998 sqft (92.7 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 206 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 206, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.58M, 6 May 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 →