2-bed · 998 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 3rd floor · completed 2022

306, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 1.58M24 November 2021
Current rentAED 142K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Executive Residences 2 at Park Ridge

What is 306 worth today?

Last sold for AED 1,581,888 in 2021

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15 Apr 2026RentedRenewal
AED 141,750/yr12 months · AED 142 per sqft
15 Apr 2025RentedRenewal
AED 135,000/yr12 months · AED 135 per sqft
15 Apr 2025RentedRenewal
AED 135,000/yr12 months · AED 135 per sqft
15 Apr 2024RentedRenewal
AED 135,000/yr12 months · AED 135 per sqft
15 Apr 2023RentedNew contract
AED 135,000/yr12 months · AED 135 per sqft
24 Nov 2021Sold by developerOff-plan
AED 1,581,888AED 1,585 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
2-bed apartment
Size
998 sqft
Floor
3rd of 12
Parking
B2-2586
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.58M · November 2021

About 306, Executive Residences 2 at Park Ridge

306 is a two-bedroom apartment of 998 sqft on the 3rd 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 24 November 2021 for AED 1,581,888, or AED 1,585 per sqft, in line with the AED 1,601 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 141,750 a year: a gross yield of 9.0% on the 2021 price.

Sales and rents for 306 over time

Sales
Unit 306, 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, November 2021: AED 1,581,888 (AED 1,585 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Executive Residences 2 at Park Ridge
140K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, April 2023: AED 135,000 a yearRenewal, April 2024: AED 135,000 a yearRenewal, April 2025: AED 135,000 a yearRenewal, April 2025: AED 135,000 a yearRenewal, April 2026: AED 141,750 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 306 sits

All 174 2-beds →

306 last sold in November 2021 at AED 1,585 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,601). 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. 306's AED 141,750 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 117K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
3012-bedAED 1.54M · Dec 2019
3022-bedAED 2.05M · Jun 2026
3032-bedAED 2.13M · Mar 2022
3042-bedAED 2.02M · Nov 2021
3052-bedAED 1.58M · Nov 2021
3072-bedAED 2.62M · May 2025
3081-bedAED 1.49M · May 2024
1–7 of 30

306, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 24 November 2021 for AED 1,581,888, or AED 1,585 per sqft.
  • Rented since April 2023 on 5 Ejari contracts, from AED 135,000 to AED 141,750 a year.
  • At AED 141,750 a year the gross yield on the 2021 price is 9.0%.
  • 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 April 2026.

Questions about 306, Executive Residences 2 at Park Ridge

What did unit 306 last sell for?

AED 1,581,888 on 24 November 2021, sold by the developer: AED 1,585 per sqft for 998 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 141,750 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 135,000; the unit has been rented since April 2023.

How big is unit 306?

998 sqft (92.7 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 306 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 306, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.58M, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,581,888
Deposit, UAE resident (20%)
AED 316,378
Deposit, non-resident (40%)
AED 632,755
Monthly over 25 years at 3.7%
AED 6,472

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