1-bed · 652 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 5th floor · completed 2022

514, Executive Residences 2 at Park Ridge

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

Unit 514 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.23M2 March 2023
Current rentAED 90K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Executive Residences 2 at Park Ridge

What is 514 worth today?

Last sold for AED 1,225,000 in 2023

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15 Aug 2025RentedRenewal
AED 90,000/yr12 months · AED 137 per sqft
15 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 137 per sqft
22 Jun 2023RentedNew contract
AED 92,000/yr12 months · AED 140 per sqft
2 Mar 2023SoldReady
AED 1,225,000AED 1,878 per sqft
20 Apr 2022Sold by developerOff-plan
AED 1,136,888AED 1,743 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
652 sqft
Floor
5th of 12
Parking
B1-1305
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.23M · March 2023

About 514, Executive Residences 2 at Park Ridge

514 is a one-bedroom apartment of 652 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 2 March 2023 for AED 1,225,000, or AED 1,878 per sqft, 8% above the AED 1,742 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 90,000 a year: a gross yield of 7.3% on the 2023 price.

Sales and rents for 514 over time

Sales
Unit 514, 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, April 2022: AED 1,136,888 (AED 1,743 per sqft)Sold, March 2023: AED 1,225,000 (AED 1,878 per sqft)

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

Rents
Unit 514, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K90K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 92,500New contract, June 2023: AED 92,000 a yearNew contract, August 2024: AED 90,000 a yearRenewal, August 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 514 sits

All 176 1-beds →

514 last sold in March 2023 at AED 1,878 per sqft, 8% above what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,742). 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. 514'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 117K /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
5052-bedAED 2.55M · Oct 2026
5062-bedAED 2.55M · Mar 2024
5072-bedAED 1.55M · Nov 2021
1–7 of 30

514, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 20 April 2022 for AED 1,136,888, last on 2 March 2023 for AED 1,225,000 (AED 1,878 per sqft).
  • Rented since June 2023 on 3 Ejari contracts, from AED 92,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.3%.
  • 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 15 August 2025.

Questions about 514, Executive Residences 2 at Park Ridge

What did unit 514 last sell for?

AED 1,225,000 on 2 March 2023: AED 1,878 per sqft for 652 sqft. The unit has 2 registered sales; the first was AED 1,136,888 in April 2022.

What is the rent for unit 514?

AED 90,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 90,000; the unit has been rented since June 2023.

How big is unit 514?

652 sqft (60.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 514 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 514, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.23M, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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