2-bed · 989 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

407, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 3.15M4 September 2024
Current rentAED 190K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Executive Residences 2 at Park Ridge

What is 407 worth today?

Last sold for AED 3,150,000 in 2024

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10 Sep 2026RentedRenewal
AED 190,200/yr12 months · AED 192 per sqft
10 Sep 2026RentedNew contract
AED 190,200/yr3 months · AED 192 per sqft
10 Sep 2025RentedRenewal
AED 190,000/yr12 months · AED 192 per sqft
10 Sep 2025RentedRenewal
AED 190,000/yr12 months · AED 192 per sqft
10 Sep 2024RentedNew contract
AED 190,000/yr12 months · AED 192 per sqft
4 Sep 2024SoldReady
AED 3,150,000AED 3,184 per sqft
20 Dec 2023SoldReady
AED 2,075,000AED 2,097 per sqft
18 Oct 2022RentedNew contract
AED 135,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
2-bed apartment
Size
989 sqft
Floor
4th of 12
Parking
B2-2018
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 3.15M · September 2024

About 407, Executive Residences 2 at Park Ridge

407 is a two-bedroom apartment of 989 sqft on the 4th 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 4 September 2024 for AED 3,150,000, or AED 3,184 per sqft, 32% above the AED 2,420 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 10 September 2026, is AED 190,200 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M3M20192021202320252027Typical 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 1,548,888 (AED 1,565 per sqft)Sold, December 2023: AED 2,075,000 (AED 2,097 per sqft)Sold, September 2024: AED 3,150,000 (AED 3,184 per sqft)

407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K200K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, October 2022: AED 135,000 a yearNew contract, September 2024: AED 190,000 a yearRenewal, September 2025: AED 190,000 a yearRenewal, September 2025: AED 190,000 a yearRenewal, September 2026: AED 190,200 a yearNew contract, September 2026: AED 190,200 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 407 sits

All 174 2-beds →

407 last sold in September 2024 at AED 3,184 per sqft, 32% above what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,420). 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. 407's AED 190,200 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 115K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
4012-bedAED 1.58M · Nov 2021
4022-bedAED 1.59M · Nov 2021
4032-bedAED 3.3M · Dec 2025
4042-bedAED 3.35M · Jul 2025
4052-bedAED 1.55M · Mar 2020
4062-bedAED 1.58M · Nov 2021
4081-bedAED 1.74M · Nov 2025
1–7 of 30

407, Executive Residences 2 at Park Ridge in numbers

  • Sold 3 times: first on 25 November 2021 for AED 1,548,888, last on 4 September 2024 for AED 3,150,000 (AED 3,184 per sqft).
  • Rented since October 2022 on 6 Ejari contracts, from AED 135,000 to AED 190,200 a year.
  • At AED 190,200 a year the gross yield on the 2024 price is 6.0%.
  • 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 10 September 2026.

Questions about 407, Executive Residences 2 at Park Ridge

What did unit 407 last sell for?

AED 3,150,000 on 4 September 2024: AED 3,184 per sqft for 989 sqft. The unit has 3 registered sales; the first was AED 1,548,888 in November 2021.

What is the rent for unit 407?

AED 190,200 a year on the contract renewed on 10 September 2026. The previous contract, from September 2026, was AED 190,200; the unit has been rented since October 2022.

How big is unit 407?

989 sqft (91.9 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 407 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 407, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 3.15M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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