1-bed · 650 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

413, Executive Residences 2 at Park Ridge

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

Unit 413 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 1.42M9 February 2023
Current rentAED 90K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Executive Residences 2 at Park Ridge

What is 413 worth today?

Last sold for AED 1,424,788 in 2023

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7 Feb 2025RentedRenewal
AED 90,000/yr12 months · AED 139 per sqft
7 Feb 2025RentedRenewal
AED 90,000/yr12 months · AED 139 per sqft
7 Feb 2024RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
9 Feb 2023SoldReady
AED 1,424,788AED 2,191 per sqft
10 Dec 2022RentedNew contract
AED 77,000/yr12 months · AED 119 per sqft
8 Jun 2022Sold by developerOff-plan
AED 1,095,991AED 1,685 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
4th of 12
Parking
B2-2045
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.42M · February 2023

About 413, Executive Residences 2 at Park Ridge

413 is a one-bedroom apartment of 650 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 9 February 2023 for AED 1,424,788, or AED 2,191 per sqft, 26% above the AED 1,743 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 7 February 2025, is AED 90,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 413 over time

Sales
Unit 413, 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 1,095,991 (AED 1,685 per sqft)Sold, February 2023: AED 1,424,788 (AED 2,191 per sqft)

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

Rents
Unit 413, 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, December 2022: AED 77,000 a yearNew contract, February 2024: AED 90,000 a yearRenewal, February 2025: AED 90,000 a yearRenewal, February 2025: AED 90,000 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 413 sits

All 176 1-beds →

413 last sold in February 2023 at AED 2,191 per sqft, 26% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,743). 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. 413's AED 90,000 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 118K /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

413, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 8 June 2022 for AED 1,095,991, last on 9 February 2023 for AED 1,424,788 (AED 2,191 per sqft).
  • Rented since December 2022 on 4 Ejari contracts, from AED 77,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 6.3%.
  • 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 7 February 2025.

Questions about 413, Executive Residences 2 at Park Ridge

What did unit 413 last sell for?

AED 1,424,788 on 9 February 2023: AED 2,191 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 1,095,991 in June 2022.

What is the rent for unit 413?

AED 90,000 a year on the contract renewed on 7 February 2025. The previous contract, from February 2025, was AED 90,000; the unit has been rented since December 2022.

How big is unit 413?

650 sqft (60.4 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 413 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 413, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.42M, 9 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,424,788
Deposit, UAE resident (20%)
AED 284,958
Deposit, non-resident (40%)
AED 569,915
Monthly over 25 years at 3.7%
AED 5,829

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