2-bed · 993 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 5th floor · completed 2022

524, Executive Residences 2 at Park Ridge

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

Unit 524 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.58M26 January 2022
Current rentAED 135K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 524, Executive Residences 2 at Park Ridge

What is 524 worth today?

Last sold for AED 1,584,888 in 2022

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1 Jul 2025RentedRenewal
AED 135,000/yr12 months · AED 136 per sqft
1 Jul 2025RentedRenewal
AED 135,000/yr12 months · AED 136 per sqft
1 Jul 2024RentedRenewal
AED 130,000/yr12 months · AED 131 per sqft
1 Jul 2023RentedNew contract
AED 130,000/yr12 months · AED 131 per sqft
20 Nov 2022RentedNew contract
AED 135,000/yr12 months · AED 136 per sqft
26 Jan 2022Sold by developerOff-plan
AED 1,584,888AED 1,595 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
993 sqft
Floor
5th of 12
Parking
B2-2616
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.58M · January 2022

About 524, Executive Residences 2 at Park Ridge

524 is a two-bedroom apartment of 993 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. The developer sold it on 26 January 2022 for AED 1,584,888, or AED 1,595 per sqft, in line with the AED 1,595 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 135,000 a year: a gross yield of 8.5% on the 2022 price.

Sales and rents for 524 over time

Sales
Unit 524, 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, January 2022: AED 1,584,888 (AED 1,595 per sqft)

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

Rents
Unit 524, 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, November 2022: AED 135,000 a yearNew contract, July 2023: AED 130,000 a yearRenewal, July 2024: AED 130,000 a yearRenewal, July 2025: AED 135,000 a yearRenewal, July 2025: AED 135,000 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 524 sits

All 174 2-beds →

524 last sold in January 2022 at AED 1,595 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. 524's AED 135,000 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 →
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

524, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 26 January 2022 for AED 1,584,888, or AED 1,595 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 8.5%.
  • 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 July 2025.

Questions about 524, Executive Residences 2 at Park Ridge

What did unit 524 last sell for?

AED 1,584,888 on 26 January 2022, sold by the developer: AED 1,595 per sqft for 993 sqft. It is the only registered sale of the unit.

What is the rent for unit 524?

AED 135,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 135,000; the unit has been rented since November 2022.

How big is unit 524?

993 sqft (92.3 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 524 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 524, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.58M, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,584,888
Deposit, UAE resident (20%)
AED 316,978
Deposit, non-resident (40%)
AED 633,955
Monthly over 25 years at 3.7%
AED 6,484

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