2-bed · 1,006 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 5th floor · completed 2022

505, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in October 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 2.55M21 October 2026
Current rentAED 160K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Executive Residences 2 at Park Ridge

What is 505 worth today?

Last sold for AED 2,550,000 in 2026

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21 Oct 2026SoldReady
AED 2,550,000AED 2,534 per sqft
10 Oct 2025RentedRenewal
AED 160,000/yr12 months · AED 160 per sqft
10 Oct 2024RentedNew contract
AED 160,000/yr12 months · AED 160 per sqft
6 Oct 2023RentedRenewal
AED 140,000/yr12 months · AED 140 per sqft
6 Oct 2022RentedNew contract
AED 140,000/yr12 months · AED 140 per sqft
10 Nov 2021Sold by developerOff-plan
AED 1,588,888AED 1,579 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
5th of 12
Parking
B2-2621
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.55M · October 2026

About 505, Executive Residences 2 at Park Ridge

505 is a two-bedroom apartment of 1,006 sqft on the 5th 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 October 2026 for AED 2,550,000, or AED 2,534 per sqft, 4% above the AED 2,448 two-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 10 October 2025, is AED 160,000 a year: a gross yield of 6.3% on the 2026 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Executive Residences 2 at Park Ridge
2M201920222025Typical 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, November 2021: AED 1,588,888 (AED 1,579 per sqft)Sold, October 2026: AED 2,550,000 (AED 2,534 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Executive Residences 2 at Park Ridge
140K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000New contract, October 2022: AED 140,000 a yearRenewal, October 2023: AED 140,000 a yearNew contract, October 2024: AED 160,000 a yearRenewal, October 2025: AED 160,000 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 505 sits

All 174 2-beds →

505 last sold in October 2026 at AED 2,534 per sqft, 4% above what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,448). 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. 505's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20262,330,000
17 Aug 20262,425,000
4 Aug 20262,150,000
28 Jul 20262,400,000
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 →
Value
5012-bedAED 2.3M · Sep 2023
5022-bedAED 1.59M · Nov 2021
5032-bedAED 3.5M · Nov 2025
5042-bedAED 3.15M · May 2024
5062-bedAED 2.55M · Mar 2024
5072-bedAED 1.55M · Nov 2021
5081-bedAED 1.14M · Nov 2022
1–7 of 30

505, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 10 November 2021 for AED 1,588,888, last on 21 October 2026 for AED 2,550,000 (AED 2,534 per sqft).
  • Rented since October 2022 on 4 Ejari contracts, from AED 140,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2026 price is 6.3%.
  • 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 21 October 2026.

Questions about 505, Executive Residences 2 at Park Ridge

What did unit 505 last sell for?

AED 2,550,000 on 21 October 2026: AED 2,534 per sqft for 1,006 sqft. The unit has 2 registered sales; the first was AED 1,588,888 in November 2021.

What is the rent for unit 505?

AED 160,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 160,000; the unit has been rented since October 2022.

How big is unit 505?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 505 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 505, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 2.55M, 21 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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