1-bed · 654 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

409, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 27 June 2025
Last soldAED 1.28M21 June 2023
Current rentAED 95K /yr27 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Executive Residences 2 at Park Ridge

What is 409 worth today?

Last sold for AED 1,280,000 in 2023

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27 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 145 per sqft
23 Nov 2024RentedRenewal
AED 77,000/yr6 months · AED 119 per sqft
23 Nov 2023RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
21 Jun 2023SoldReady
AED 1,280,000AED 1,958 per sqft
23 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
20 May 2022Sold by developerOff-plan
AED 1,118,888AED 1,711 per sqft

Source: Dubai Land Department. Updated 27 June 2025.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
4th of 12
Parking
B1-1298
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.28M · June 2023

About 409, Executive Residences 2 at Park Ridge

409 is a one-bedroom apartment of 654 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 21 June 2023 for AED 1,280,000, or AED 1,958 per sqft, 11% above the AED 1,761 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 June 2025, is AED 95,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 409 over time

Sales
Unit 409, 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, May 2022: AED 1,118,888 (AED 1,711 per sqft)Sold, June 2023: AED 1,280,000 (AED 1,958 per sqft)

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

Rents
Unit 409, 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, November 2022: AED 70,000 a yearNew contract, November 2023: AED 70,000 a yearRenewal, November 2024: AED 77,000 a yearNew contract, June 2025: AED 95,000 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 409 sits

All 176 1-beds →

409 last sold in June 2023 at AED 1,958 per sqft, 11% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,761). 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. 409's AED 95,000 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 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
4072-bedAED 3.15M · Sep 2024
1–7 of 30

409, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 20 May 2022 for AED 1,118,888, last on 21 June 2023 for AED 1,280,000 (AED 1,958 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 70,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 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 27 June 2025.

Questions about 409, Executive Residences 2 at Park Ridge

What did unit 409 last sell for?

AED 1,280,000 on 21 June 2023: AED 1,958 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 1,118,888 in May 2022.

What is the rent for unit 409?

AED 95,000 a year on the contract signed on 27 June 2025. The previous contract, from November 2024, was AED 77,000; the unit has been rented since November 2022.

How big is unit 409?

654 sqft (60.8 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 409 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 409, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.28M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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