1-bed · 651 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 3rd floor · completed 2022

323, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 1.5M11 December 2024
Current rentAED 80K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Executive Residences 2 at Park Ridge

What is 323 worth today?

Last sold for AED 1,500,000 in 2024

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25 Aug 2026RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
21 Nov 2025RentedRenewal
AED 89,500/yr12 months · AED 139 per sqft
11 Dec 2024SoldReady
AED 1,500,000AED 2,304 per sqft
21 Nov 2024RentedNew contract
AED 82,000/yr12 months · AED 127 per sqft
21 Nov 2023RentedNew contract
AED 82,000/yr12 months · AED 127 per sqft
11 Oct 2023SoldReady
AED 1,262,621AED 1,939 per sqft
9 Feb 2023SoldReady
AED 1,427,310AED 2,192 per sqft
21 Nov 2022RentedNew contract
AED 82,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
3rd of 12
Parking
G-026
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.5M · December 2024

About 323, Executive Residences 2 at Park Ridge

323 is a one-bedroom apartment of 651 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 11 December 2024 for AED 1,500,000, or AED 2,304 per sqft, in line with the AED 2,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 August 2026, is AED 80,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 323 over time

Sales
Unit 323, 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, July 2022: AED 1,097,931 (AED 1,686 per sqft)Sold, February 2023: AED 1,427,310 (AED 2,192 per sqft)Sold, October 2023: AED 1,262,621 (AED 1,939 per sqft)Sold, December 2024: AED 1,500,000 (AED 2,304 per sqft)

323 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 323, 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 92,500New contract, November 2022: AED 82,000 a yearNew contract, November 2023: AED 82,000 a yearNew contract, November 2024: AED 82,000 a yearRenewal, November 2025: AED 89,500 a yearNew contract, August 2026: AED 80,000 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 323 sits

All 176 1-beds →

323 last sold in December 2024 at AED 2,304 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,304). 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. 323's AED 80,000 is in the lower 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 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
3062-bedAED 1.58M · Nov 2021
3072-bedAED 2.62M · May 2025
1–7 of 30

323, Executive Residences 2 at Park Ridge in numbers

  • Sold 4 times: first on 4 July 2022 for AED 1,097,931, last on 11 December 2024 for AED 1,500,000 (AED 2,304 per sqft).
  • Rented since November 2022 on 5 Ejari contracts, from AED 82,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.3%.
  • 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 25 August 2026.

Questions about 323, Executive Residences 2 at Park Ridge

What did unit 323 last sell for?

AED 1,500,000 on 11 December 2024: AED 2,304 per sqft for 651 sqft. The unit has 4 registered sales; the first was AED 1,097,931 in July 2022.

What is the rent for unit 323?

AED 80,000 a year on the contract signed on 25 August 2026. The previous contract, from November 2025, was AED 89,500; the unit has been rented since November 2022.

How big is unit 323?

651 sqft (60.5 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 323 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 323, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.5M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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