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

531, Executive Residences 2 at Park Ridge

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

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Unit 531 · DLD and Ejari recordsUpdated 7 February 2026

Last soldAED 1.11M24 February 2022

Current rentAED 120K /yr7 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 531, Executive Residences 2 at Park Ridge

Today

What is 531 worth today?

Last sold for AED 1,110,888 in 2022

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7 Feb 2026

7 Feb 2026RentedNew contract

AED 120,000/yr12 months · AED 183 per sqft

1 Feb 2025

1 Feb 2025RentedNew contract

AED 120,000/yr12 months · AED 183 per sqft

1 Feb 2024

1 Feb 2024RentedRenewal

AED 95,000/yr12 months · AED 145 per sqft

1 Feb 2023

1 Feb 2023RentedNew contract

AED 95,000/yr12 months · AED 145 per sqft

24 Feb 2022

24 Feb 2022Sold by developerOff-plan

AED 1,110,888AED 1,705 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type: 1-bed apartment
Size: 652 sqft
Floor: 5th of 12
Parking: B1-1260
Developer: Dubai Hills Estate
Completed: 2022
Last sold: AED 1.11M · February 2022
Building: Executive Residences 2 at Park Ridge

About 531, Executive Residences 2 at Park Ridge

531 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. The developer sold it on 24 February 2022 for AED 1,110,888, or AED 1,705 per sqft, in line with the AED 1,719 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 7 February 2026, is AED 120,000 a year: a gross yield of 10.8% on the 2022 price.

Sales and rents for 531 over time

Sales

Unit 531, each saleTypical one-bed in Executive Residences 2 at Park Ridge

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

Rents

Unit 531, each contractTypical one-bed in Executive Residences 2 at Park Ridge

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 531 sits

All 176 1-beds →

1-beds in Executive Residences 2 at Park Ridge · last 12 months2,523 /sqft Executive Residences 2 at Park Ridge · all types2,448 /sqft

531 last sold in February 2022 at AED 1,705 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,719). 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. 531's AED 120,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
26 Jun 202626 June 2026	654 sqft	1,590,000	2,432
4 Jun 20264 June 2026	698 sqft	1,470,000	2,106
10 Apr 202610 April 2026	647 sqft	1,650,000	2,548
27 Mar 202627 March 2026	654 sqft	1,650,000	2,523

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 →

Other units on the 5th floor

All 381 units in Executive Residences 2 at Park Ridge


501	2-bed	992 sqft	AED 2.3MAED 2,300,000 · Sep 2023September 2023	160,000 /yr
502	2-bed	997 sqft	AED 1.59MAED 1,593,888 · Nov 2021November 2021	170,000 /yr
503	2-bed	1,290 sqft	AED 3.5MAED 3,500,000 · Nov 2025November 2025
504	2-bed	1,281 sqft	AED 3.15MAED 3,150,000 · May 2024May 2024	200,000 /yr
505	2-bed	1,006 sqft	AED 2.55MAED 2,550,000 · Oct 2026October 2026	160,000 /yr
506	2-bed	998 sqft	AED 2.55MAED 2,550,000 · Mar 2024March 2024	187,884 /yr
507	2-bed	989 sqft	AED 1.55MAED 1,551,888 · Nov 2021November 2021
508	1-bed	647 sqft	AED 1.14MAED 1,140,000 · Nov 2022November 2022
509	1-bed	654 sqft	AED 1.1MAED 1,097,888 · Dec 2021December 2021	70,000 /yr
510	1-bed	647 sqft	AED 1.52MAED 1,520,000 · Oct 2023October 2023
511	1-bed	654 sqft	AED 1.58MAED 1,580,000 · Jan 2026January 2026	120,000 /yr
512	1-bed	655 sqft	AED 1.14MAED 1,144,888 · Apr 2022April 2022	80,000 /yr
513	1-bed	650 sqft	AED 1.13MAED 1,131,888 · Jun 2022June 2022	80,000 /yr
514	1-bed	652 sqft	AED 1.23MAED 1,225,000 · Mar 2023March 2023	90,000 /yr
515	1-bed	650 sqft	AED 1.14MAED 1,136,888 · May 2022May 2022
516	1-bed	653 sqft	AED 1.1MAED 1,102,781 · Jun 2022June 2022	85,000 /yr
517	1-bed	652 sqft	AED 1.16MAED 1,159,888 · Jan 2022January 2022	85,000 /yr
518	1-bed	650 sqft	AED 1.25MAED 1,250,000 · Jul 2022July 2022	105,000 /yr
519	2-bed	990 sqft	AED 1.65MAED 1,650,888 · Apr 2021April 2021	140,000 /yr
520	2-bed	990 sqft	AED 1.68MAED 1,682,888 · Feb 2022February 2022	155,000 /yr
521	2-bed	995 sqft	AED 2.85MAED 2,850,000 · May 2025May 2025
522	1-bed	654 sqft	AED 1.16MAED 1,159,888 · Jan 2022January 2022	110,000 /yr
523	1-bed	653 sqft	AED 1.1MAED 1,100,841 · Jun 2022June 2022	80,000 /yr
524	2-bed	993 sqft	AED 1.58MAED 1,584,888 · Jan 2022January 2022	135,000 /yr
525	2-bed	994 sqft	AED 1.61MAED 1,613,888 · May 2022May 2022	140,000 /yr
526	2-bed	1,001 sqft	AED 1.57MAED 1,565,888 · Jan 2022January 2022	120,000 /yr
527	3-bed	1,575 sqft	AED 2.58MAED 2,577,888 · Nov 2021November 2021
528	3-bed	1,580 sqft	AED 3.65MAED 3,650,000 · Oct 2023October 2023	215,000 /yr
529	2-bed	1,011 sqft	AED 1.9MAED 1,900,000 · Dec 2022December 2022
530	2-bed	1,006 sqft	AED 2.59MAED 2,585,000 · Dec 2023December 2023	165,000 /yr

1–7 of 30

531, Executive Residences 2 at Park Ridge in numbers

Sold once: by Dubai Hills Estate on 24 February 2022 for AED 1,110,888, or AED 1,705 per sqft.
Rented since February 2023 on 4 Ejari contracts, from AED 95,000 to AED 120,000 a year.
At AED 120,000 a year the gross yield on the 2022 price is 10.8%.
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 7 February 2026.

Questions about 531, Executive Residences 2 at Park Ridge

What did unit 531 last sell for?

AED 1,110,888 on 24 February 2022, sold by the developer: AED 1,705 per sqft for 652 sqft. It is the only registered sale of the unit.

What is the rent for unit 531?

AED 120,000 a year on the contract signed on 7 February 2026. The previous contract, from February 2025, was AED 120,000; the unit has been rented since February 2023.

How big is unit 531?

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

What is unit 531 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 531, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.11M, 24 February 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,110,888
Deposit, UAE resident (20%): AED 222,178
Deposit, non-resident (40%): AED 444,355
Monthly over 25 years at 3.7%: AED 4,545

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