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

411, Executive Residences 2 at Park Ridge

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

Unit 411 · DLD and Ejari recordsUpdated 11 December 2023
Last soldAED 1.1M22 June 2022
Current rentAED 75K /yr11 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Executive Residences 2 at Park Ridge

What is 411 worth today?

Last sold for AED 1,103,751 in 2022

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11 Dec 2023RentedRenewal
AED 75,000/yr12 months · AED 114 per sqft
11 Dec 2022RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
22 Jun 2022Sold by developerOff-plan
AED 1,103,751AED 1,686 per sqft

Source: Dubai Land Department. Updated 11 December 2023.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
4th of 12
Parking
B1-1288
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.1M · June 2022

About 411, Executive Residences 2 at Park Ridge

411 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. The developer sold it on 22 June 2022 for AED 1,103,751, or AED 1,686 per sqft, in line with the AED 1,737 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 11 December 2023, is AED 75,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 411 over time

Sales
Unit 411, 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, June 2022: AED 1,103,751 (AED 1,686 per sqft)

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

Rents
Unit 411, 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 92,500New contract, December 2022: AED 75,000 a yearRenewal, December 2023: AED 75,000 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 411 sits

All 176 1-beds →

411 last sold in June 2022 at AED 1,686 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,737). 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. 411's AED 75,000 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
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

411, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 22 June 2022 for AED 1,103,751, or AED 1,686 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 6.8%.
  • 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 11 December 2023.

Questions about 411, Executive Residences 2 at Park Ridge

What did unit 411 last sell for?

AED 1,103,751 on 22 June 2022, sold by the developer: AED 1,686 per sqft for 654 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 75,000 a year on the contract renewed on 11 December 2023. The previous contract, from December 2022, was AED 75,000.

How big is unit 411?

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

What is unit 411 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 411, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.1M, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,103,751
Deposit, UAE resident (20%)
AED 220,750
Deposit, non-resident (40%)
AED 441,500
Monthly over 25 years at 3.7%
AED 4,516

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