229, Executive Residences 2 at Park Ridge
Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 229, Executive Residences 2 at Park Ridge
What is 229 worth today?
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Source: Dubai Land Department. Updated 4 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 995 sqft
- Floor
- 2nd of 12
- Parking
- B2-2184
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Last sold
- AED 1.57M · March 2022
About 229, Executive Residences 2 at Park Ridge
229 is a two-bedroom apartment of 995 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 23 March 2022 for AED 1,569,888, or AED 1,578 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 6 Ejari contracts. The current contract, renewed on 4 April 2026, is AED 175,000 a year: a gross yield of 11.2% on the 2022 price.
Sales and rents for 229 over time
229 has sold once; the dashed line is the two-bed median of each year in the building.
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 229 sits
All 174 2-beds →229 last sold in March 2022 at AED 1,578 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. 229's AED 175,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,006 sqft | 2,550,000 | 2,534 | ||
| 22 Sep 202622 September 2026 | 1,273 sqft | 2,330,000 | 1,830 | ||
| 17 Aug 202617 August 2026 | 990 sqft | 2,425,000 | 2,448 | ||
| 4 Aug 20264 August 2026 | 993 sqft | 2,150,000 | 2,164 |
Executive Residences 2 at Park Ridge
Building381 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%
Other units on the 2nd floor
All 381 units in Executive Residences 2 at Park Ridge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 992 sqft | AED 1.58MAED 1,576,888 · Dec 2021December 2021 | 125,000 /yr | |
| 202 | 2-bed | 997 sqft | AED 1.58MAED 1,584,888 · Nov 2021November 2021 | 140,000 /yr | |
| 203 | 2-bed | 1,288 sqft | AED 2.58MAED 2,580,000 · Mar 2023March 2023 | 160,000 /yr | |
| 204 | 2-bed | 1,281 sqft | AED 2.14MAED 2,144,888 · Nov 2021November 2021 | 160,000 /yr | |
| 205 | 2-bed | 1,005 sqft | AED 1.58MAED 1,578,888 · Nov 2021November 2021 | ||
| 206 | 2-bed | 998 sqft | AED 1.58MAED 1,578,888 · May 2021May 2021 | 120,000 /yr | |
| 207 | 2-bed | 988 sqft | AED 1.54MAED 1,543,390 · Mar 2022March 2022 | 150,000 /yr | |
| 208 | 1-bed | 647 sqft | AED 1.04MAED 1,041,888 · Nov 2019November 2019 | ||
| 209 | 1-bed | 651 sqft | AED 1.12MAED 1,115,888 · Apr 2022April 2022 | 90,000 /yr | |
| 210 | 1-bed | 644 sqft | AED 1.42MAED 1,420,000 · Jan 2025January 2025 | 90,000 /yr | |
| 211 | 1-bed | 655 sqft | AED 1.13MAED 1,133,888 · Jun 2022June 2022 | 92,400 /yr | |
| 212 | 1-bed | 675 sqft | AED 1.14MAED 1,138,888 · Jun 2022June 2022 | 94,500 /yr | |
| 213 | 1-bed | 649 sqft | AED 1.12MAED 1,123,888 · Jun 2022June 2022 | ||
| 214 | 1-bed | 650 sqft | AED 1.13MAED 1,131,888 · May 2022May 2022 | 85,000 /yr | |
| 215 | 1-bed | 650 sqft | AED 1.45MAED 1,450,000 · Feb 2026February 2026 | 110,000 /yr | |
| 216 | 1-bed | 651 sqft | AED 1.13MAED 1,131,888 · Jun 2022June 2022 | 115,000 /yr | |
| 217 | 1-bed | 650 sqft | AED 1.61MAED 1,610,000 · Oct 2024October 2024 | 78,750 /yr | |
| 218 | 1-bed | 650 sqft | AED 1.85MAED 1,850,000 · Jan 2025January 2025 | 115,000 /yr | |
| 219 | 2-bed | 990 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | ||
| 220 | 2-bed | 990 sqft | AED 2.69MAED 2,685,000 · Apr 2024April 2024 | 150,000 /yr | |
| 221 | 2-bed | 498 sqft | AED 1.88MAED 1,875,000 · Dec 2022December 2022 | ||
| 222 | 1-bed | 652 sqft | AED 1.18MAED 1,177,888 · Feb 2022February 2022 | ||
| 223 | 1-bed | 651 sqft | AED 1.13MAED 1,129,888 · Jun 2022June 2022 | ||
| 224 | 2-bed | 994 sqft | AED 1.59MAED 1,593,789 · Jun 2022June 2022 | 137,800 /yr | |
| 225 | 2-bed | 994 sqft | AED 1.61MAED 1,605,888 · Jun 2022June 2022 | ||
| 226 | 2-bed | 1,000 sqft | AED 1.59MAED 1,590,888 · May 2022May 2022 | 150,000 /yr | |
| 227 | 3-bed | 1,576 sqft | AED 3.9MAED 3,900,000 · Jan 2026January 2026 | 210,000 /yr | |
| 228 | 3-bed | 1,579 sqft | AED 2.48MAED 2,481,294 · Nov 2021November 2021 | ||
| 230 | 2-bed | 1,005 sqft | AED 1.58MAED 1,575,888 · Nov 2021November 2021 | ||
| 231 | 1-bed | 651 sqft | AED 1.11MAED 1,105,888 · Oct 2020October 2020 | 78,000 /yr |
229, Executive Residences 2 at Park Ridge in numbers
- Sold once: by Dubai Hills Estate on 23 March 2022 for AED 1,569,888, or AED 1,578 per sqft.
- Rented since November 2022 on 6 Ejari contracts, from AED 150,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2022 price is 11.2%.
- 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 4 April 2026.
Questions about 229, Executive Residences 2 at Park Ridge
What did unit 229 last sell for?
AED 1,569,888 on 23 March 2022, sold by the developer: AED 1,578 per sqft for 995 sqft. It is the only registered sale of the unit.
What is the rent for unit 229?
AED 175,000 a year on the contract renewed on 4 April 2026. The previous contract, from April 2025, was AED 175,000; the unit has been rented since November 2022.
How big is unit 229?
995 sqft (92.4 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.
What is unit 229 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 229, Executive Residences 2 at Park Ridge
Starts from the last sale price (AED 1.57M, 23 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,569,888
- Deposit, UAE resident (20%)
- AED 313,978
- Deposit, non-resident (40%)
- AED 627,955
- Monthly over 25 years at 3.7%
- AED 6,423
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →