2-bed · 994 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 2nd floor · completed 2022

224, Executive Residences 2 at Park Ridge

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

Unit 224 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 1.59M2 June 2022
Current rentAED 138K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, Executive Residences 2 at Park Ridge

What is 224 worth today?

Last sold for AED 1,593,789 in 2022

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15 Nov 2025RentedRenewal
AED 137,800/yr12 months · AED 139 per sqft
15 Nov 2024RentedRenewal
AED 131,250/yr12 months · AED 132 per sqft
15 Nov 2023RentedRenewal
AED 125,000/yr12 months · AED 126 per sqft
15 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
2 Jun 2022Sold by developerOff-plan
AED 1,593,789AED 1,602 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
2-bed apartment
Size
994 sqft
Floor
2nd of 12
Parking
B2-2189A
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.59M · June 2022

About 224, Executive Residences 2 at Park Ridge

224 is a two-bedroom apartment of 994 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 2 June 2022 for AED 1,593,789, or AED 1,602 per sqft, in line with the AED 1,595 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 137,800 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 224 over time

Sales
Unit 224, 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, June 2022: AED 1,593,789 (AED 1,602 per sqft)

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

Rents
Unit 224, 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, November 2022: AED 120,000 a yearRenewal, November 2023: AED 125,000 a yearRenewal, November 2024: AED 131,250 a yearRenewal, November 2025: AED 137,800 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 224 sits

All 174 2-beds →

224 last sold in June 2022 at AED 1,602 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,595). 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. 224's AED 137,800 is in the upper 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 118K /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
2062-bedAED 1.58M · May 2021
2072-bedAED 1.54M · Mar 2022
1–7 of 30

224, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 2 June 2022 for AED 1,593,789, or AED 1,602 per sqft.
  • Rented since November 2022 on 4 Ejari contracts, from AED 120,000 to AED 137,800 a year.
  • At AED 137,800 a year the gross yield on the 2022 price is 8.6%.
  • 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 15 November 2025.

Questions about 224, Executive Residences 2 at Park Ridge

What did unit 224 last sell for?

AED 1,593,789 on 2 June 2022, sold by the developer: AED 1,602 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 137,800 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 131,250; the unit has been rented since November 2022.

How big is unit 224?

994 sqft (92.3 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 224 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 224, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.59M, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,593,789
Deposit, UAE resident (20%)
AED 318,758
Deposit, non-resident (40%)
AED 637,516
Monthly over 25 years at 3.7%
AED 6,521

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