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2-bed · 994 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

425, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 425 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.61M19 May 2022
Current rentAED 155K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 425, Executive Residences 2 at Park Ridge

What is 425 worth today?

Last sold for AED 1,610,888 in 2022

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1 May 2024RentedNew contract
AED 155,000/yr12 months · AED 157 per sqft
3 Feb 2023RentedNew contract
AED 145,000/yr12 months · AED 146 per sqft
19 May 2022Sold by developerOff-plan
AED 1,610,888AED 1,620 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
994 sqft
Floor
4th of 12
Parking
B2-2610
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.61M · May 2022
Building
Executive Residences 2 at Park Ridge

About 425, Executive Residences 2 at Park Ridge

425 is a two-bedroom apartment of 994 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 19 May 2022 for AED 1,610,888, or AED 1,620 per sqft, in line with the AED 1,595 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 155,000 a year: a gross yield of 9.6% on the 2022 price.

Sales and rents for 425 over time

Sales
Unit 425, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M20192021202320252027Typical 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, May 2022: AED 1,610,888 (AED 1,620 per sqft)

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

Rents
Unit 425, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, February 2023: AED 145,000 a yearNew contract, May 2024: AED 155,000 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 425 sits

All 174 2-beds →

425 last sold in May 2022 at AED 1,620 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,595). 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. 425's AED 155,000 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 118K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the 4th floor

All 381 units in Executive Residences 2 at Park Ridge
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

425, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 19 May 2022 for AED 1,610,888, or AED 1,620 per sqft.
  • Rented since February 2023 on 2 Ejari contracts, from AED 145,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 9.6%.
  • 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 1 May 2024.

Questions about 425, Executive Residences 2 at Park Ridge

What did unit 425 last sell for?

AED 1,610,888 on 19 May 2022, sold by the developer: AED 1,620 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 425?

AED 155,000 a year on the contract signed on 1 May 2024. The previous contract, from February 2023, was AED 145,000.

How big is unit 425?

994 sqft (92.3 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 425 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 425, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.61M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,888
Deposit, UAE resident (20%)
AED 322,178
Deposit, non-resident (40%)
AED 644,355
Monthly over 25 years at 3.7%
AED 6,591

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