3-bed · 1,580 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

428, Executive Residences 2 at Park Ridge

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

Unit 428 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 2.04M15 November 2022
Current rentAED 275K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 428, Executive Residences 2 at Park Ridge

What is 428 worth today?

Last sold for AED 2,037,757 in 2022

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20 Mar 2026RentedRenewal
AED 275,000/yr12 months · AED 174 per sqft
20 Mar 2025RentedRenewal
AED 275,000/yr12 months · AED 174 per sqft
20 Mar 2025RentedRenewal
AED 275,000/yr12 months · AED 174 per sqft
20 Mar 2024RentedRenewal
AED 260,000/yr12 months · AED 164 per sqft
20 Mar 2023RentedNew contract
AED 260,000/yr12 months · AED 164 per sqft
15 Nov 2022SoldReady
AED 2,037,757AED 1,289 per sqft
25 Nov 2020Sold by developerOff-plan
AED 2,568,888AED 1,625 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
3-bed apartment
Size
1,580 sqft
Floor
4th of 12
Parking
B2-2561
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.04M · November 2022

About 428, Executive Residences 2 at Park Ridge

428 is a three-bedroom apartment of 1,580 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 15 November 2022 for AED 2,037,757, or AED 1,289 per sqft, 17% below the AED 1,547 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 275,000 a year: a gross yield of 13.5% on the 2022 price.

Sales and rents for 428 over time

Sales
Unit 428, each saleTypical three-bed in Executive Residences 2 at Park Ridge
2M4M2020202220242026Typical sale price by year: 2020 AED 2,596,888; 2021 AED 2,575,888; 2022 AED 2,998,388; 2023 AED 3,500,000; 2024 AED 3,850,000; 2025 AED 4,800,000; 2026 AED 4,525,000Sold by developer, November 2020: AED 2,568,888 (AED 1,625 per sqft)Sold, November 2022: AED 2,037,757 (AED 1,289 per sqft)

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

Rents
Unit 428, each contractTypical three-bed in Executive Residences 2 at Park Ridge
250K202220242026Typical rent by year: 2022 AED 216,750; 2023 AED 220,000; 2024 AED 231,000; 2025 AED 245,000; 2026 AED 247,500New contract, March 2023: AED 260,000 a yearRenewal, March 2024: AED 260,000 a yearRenewal, March 2025: AED 275,000 a yearRenewal, March 2025: AED 275,000 a yearRenewal, March 2026: AED 275,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Executive Residences 2 at Park Ridge, and where 428 sits

All 31 3-beds →

428 last sold in November 2022 at AED 1,289 per sqft, 17% below what three-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,547). Over the last 12 months three-beds sold for AED 3,900,000 to 4,975,000, around AED 2,224 per sqft, and rent for AED 210,000 to 380,000 a year. 428's AED 275,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Sep 20264,850,000
12 Feb 20264,750,000
2 Feb 20264,300,000
18 Jan 20263,900,000
5 3-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

428, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 25 November 2020 for AED 2,568,888, last on 15 November 2022 for AED 2,037,757 (AED 1,289 per sqft).
  • Rented since March 2023 on 5 Ejari contracts, from AED 260,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2022 price is 13.5%.
  • Three-beds in Executive Residences 2 at Park Ridge sold for AED 3,900,000–4,975,000 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 20 March 2026.

Questions about 428, Executive Residences 2 at Park Ridge

What did unit 428 last sell for?

AED 2,037,757 on 15 November 2022: AED 1,289 per sqft for 1,580 sqft. The unit has 2 registered sales; the first was AED 2,568,888 in November 2020.

What is the rent for unit 428?

AED 275,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 275,000; the unit has been rented since March 2023.

How big is unit 428?

1,580 sqft (146.8 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 428 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Residences 2 at Park Ridge sold for AED 3,900,000 to 4,975,000 in the last 12 months, around AED 2,224 per sqft.

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Mortgage on 428, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 2.04M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,037,757
Deposit, UAE resident (20%)
AED 407,551
Deposit, non-resident (40%)
AED 815,103
Monthly over 25 years at 3.7%
AED 8,337

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