1-bed · 647 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 3rd floor · completed 2022

308, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 1.49M6 May 2024
Current rentAED 110K /yr2 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Executive Residences 2 at Park Ridge

What is 308 worth today?

Last sold for AED 1,490,000 in 2024

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2 Oct 2025RentedNew contract
AED 110,000/yr12 months · AED 170 per sqft
29 Jun 2024RentedNew contract
AED 109,695/yr12 months · AED 170 per sqft
6 May 2024SoldReady
AED 1,490,000AED 2,304 per sqft
6 Jan 2023Sold by developerReady
AED 1,303,888AED 2,016 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
3rd of 12
Parking
B1-1286
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.49M · May 2024

About 308, Executive Residences 2 at Park Ridge

308 is a one-bedroom apartment of 647 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. It last sold on 6 May 2024 for AED 1,490,000, or AED 2,304 per sqft, 9% above the AED 2,108 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 2 October 2025, is AED 110,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 308 over time

Sales
Unit 308, 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, January 2023: AED 1,303,888 (AED 2,016 per sqft)Sold, May 2024: AED 1,490,000 (AED 2,304 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K100K202220242026Typical 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 2024: AED 109,695 a yearNew contract, October 2025: AED 110,000 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 308 sits

All 176 1-beds →

308 last sold in May 2024 at AED 2,304 per sqft, 9% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,108). 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. 308's AED 110,000 is in the upper 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 →
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
3062-bedAED 1.58M · Nov 2021
3072-bedAED 2.62M · May 2025
1–7 of 30

308, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 6 January 2023 for AED 1,303,888, last on 6 May 2024 for AED 1,490,000 (AED 2,304 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, from AED 109,695 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.4%.
  • 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 2 October 2025.

Questions about 308, Executive Residences 2 at Park Ridge

What did unit 308 last sell for?

AED 1,490,000 on 6 May 2024: AED 2,304 per sqft for 647 sqft. The unit has 2 registered sales; the first was AED 1,303,888 in January 2023.

What is the rent for unit 308?

AED 110,000 a year on the contract signed on 2 October 2025. The previous contract, from June 2024, was AED 109,695.

How big is unit 308?

647 sqft (60.1 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 308 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 308, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.49M, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

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