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1-bed · 650 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 3rd floor · completed 2022

317, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 19 March 2020
Last soldAED 1.13M19 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, Executive Residences 2 at Park Ridge

What is 317 worth today?

Last sold for AED 1,130,888 in 2020

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19 Mar 2020Sold by developerOff-plan
AED 1,130,888AED 1,740 per sqft

Source: Dubai Land Department. Updated 19 March 2020.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
3rd of 12
Parking
B2-2173
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.13M · March 2020
Building
Executive Residences 2 at Park Ridge

About 317, Executive Residences 2 at Park Ridge

317 is a one-bedroom apartment of 650 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 19 March 2020 for AED 1,130,888, or AED 1,740 per sqft, 4% above the AED 1,678 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 317 over time

Sales
Unit 317, 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, March 2020: AED 1,130,888 (AED 1,740 per sqft)

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

Rents
Unit 317, 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 92,500

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 317 sits

All 176 1-beds →

317 last sold in March 2020 at AED 1,740 per sqft, 4% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,678). 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.

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 117K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the 3rd floor

All 381 units in Executive Residences 2 at Park Ridge
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

317, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 19 March 2020 for AED 1,130,888, or AED 1,740 per sqft.
  • 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 19 March 2020.

Questions about 317, Executive Residences 2 at Park Ridge

What did unit 317 last sell for?

AED 1,130,888 on 19 March 2020, sold by the developer: AED 1,740 per sqft for 650 sqft. It is the only registered sale of the unit.

How big is unit 317?

650 sqft (60.4 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 317 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 317, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.13M, 19 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,888
Deposit, UAE resident (20%)
AED 226,178
Deposit, non-resident (40%)
AED 452,355
Monthly over 25 years at 3.7%
AED 4,627

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