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1-bed · 647 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 2nd floor · completed 2022

208, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 19 November 2019
Last soldAED 1.04M19 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Executive Residences 2 at Park Ridge

What is 208 worth today?

Last sold for AED 1,041,888 in 2019

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19 Nov 2019Sold by developerOff-plan
AED 1,041,888AED 1,611 per sqft

Source: Dubai Land Department. Updated 19 November 2019.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
2nd of 12
Parking
B1-1178
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.04M · November 2019
Building
Executive Residences 2 at Park Ridge

About 208, Executive Residences 2 at Park Ridge

208 is a one-bedroom apartment of 647 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 19 November 2019 for AED 1,041,888, or AED 1,611 per sqft, 4% below the AED 1,673 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 208 over time

Sales
Unit 208, 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 2019: AED 1,041,888 (AED 1,611 per sqft)

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

Rents
Unit 208, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K90K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 94,500

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 208 sits

All 176 1-beds →

208 last sold in November 2019 at AED 1,611 per sqft, 4% below what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,673). 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.

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 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
2052-bedAED 1.58M · Nov 2021
2062-bedAED 1.58M · May 2021
2072-bedAED 1.54M · Mar 2022
1–7 of 30

208, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 19 November 2019 for AED 1,041,888, or AED 1,611 per sqft.
  • 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 19 November 2019.

Questions about 208, Executive Residences 2 at Park Ridge

What did unit 208 last sell for?

AED 1,041,888 on 19 November 2019, sold by the developer: AED 1,611 per sqft for 647 sqft. It is the only registered sale of the unit.

How big is unit 208?

647 sqft (60.1 sqm): a one-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 208 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 208, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.04M, 19 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,041,888
Deposit, UAE resident (20%)
AED 208,378
Deposit, non-resident (40%)
AED 416,755
Monthly over 25 years at 3.7%
AED 4,263

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