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1-bed · 655 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 2nd floor · completed 2022

211, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 9 June 2024
Last soldAED 1.13M9 June 2022
Current rentAED 92K /yr9 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 211, Executive Residences 2 at Park Ridge

What is 211 worth today?

Last sold for AED 1,133,888 in 2022

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9 Jun 2024RentedRenewal
AED 92,400/yr12 months · AED 141 per sqft
9 Jun 2023RentedNew contract
AED 88,000/yr12 months · AED 134 per sqft
9 Jun 2022Sold by developerOff-plan
AED 1,133,888AED 1,730 per sqft

Source: Dubai Land Department. Updated 9 June 2024.

Key facts

Type
1-bed apartment
Size
655 sqft
Floor
2nd of 12
Parking
B2-2106
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.13M · June 2022
Building
Executive Residences 2 at Park Ridge

About 211, Executive Residences 2 at Park Ridge

211 is a one-bedroom apartment of 655 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 9 June 2022 for AED 1,133,888, or AED 1,730 per sqft, in line with the AED 1,739 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 9 June 2024, is AED 92,400 a year: a gross yield of 8.2% on the 2022 price.

Sales and rents for 211 over time

Sales
Unit 211, 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, June 2022: AED 1,133,888 (AED 1,730 per sqft)

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

Rents
Unit 211, 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 94,500New contract, June 2023: AED 88,000 a yearRenewal, June 2024: AED 92,400 a year

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 211 sits

All 176 1-beds →

211 last sold in June 2022 at AED 1,730 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,739). 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. 211's AED 92,400 is in the lower half of that range.

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

211, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 9 June 2022 for AED 1,133,888, or AED 1,730 per sqft.
  • Rented since June 2023 on 2 Ejari contracts, from AED 88,000 to AED 92,400 a year.
  • At AED 92,400 a year the gross yield on the 2022 price is 8.2%.
  • 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 9 June 2024.

Questions about 211, Executive Residences 2 at Park Ridge

What did unit 211 last sell for?

AED 1,133,888 on 9 June 2022, sold by the developer: AED 1,730 per sqft for 655 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 92,400 a year on the contract renewed on 9 June 2024. The previous contract, from June 2023, was AED 88,000.

How big is unit 211?

655 sqft (60.9 sqm): a one-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 211 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 211, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.13M, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,133,888
Deposit, UAE resident (20%)
AED 226,778
Deposit, non-resident (40%)
AED 453,555
Monthly over 25 years at 3.7%
AED 4,639

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