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2-bed · 1,290 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 6th floor · completed 2022

603, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 11 October 2021
Last soldAED 2.14M11 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Executive Residences 2 at Park Ridge

What is 603 worth today?

Last sold for AED 2,139,888 in 2021

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11 Oct 2021Sold by developerOff-plan
AED 2,139,888AED 1,658 per sqft

Source: Dubai Land Department. Updated 11 October 2021.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
6th of 12
Parking
B2-2235
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.14M · October 2021
Building
Executive Residences 2 at Park Ridge

About 603, Executive Residences 2 at Park Ridge

603 is a two-bedroom apartment of 1,290 sqft on the 6th 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 11 October 2021 for AED 2,139,888, or AED 1,658 per sqft, in line with the AED 1,656 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, 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, October 2021: AED 2,139,888 (AED 1,658 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in Executive Residences 2 at Park Ridge
150K160K202220242026Typical rent by year: 2022 AED 146,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 150,000

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 603 sits

All 174 2-beds →

603 last sold in October 2021 at AED 1,658 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,656). 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.

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 →

Other units on the 6th floor

All 381 units in Executive Residences 2 at Park Ridge
Value
6012-bedAED 2.7M · Mar 2025
6022-bedAED 1.6M · Nov 2021
6042-bedAED 2.16M · Jun 2021
6052-bedAED 1.57M · Jun 2022
6062-bedAED 1.57M · Jun 2022
6072-bedAED 2.35M · Jul 2026
6081-bedAED 1.2M · Nov 2022
1–7 of 30

603, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 11 October 2021 for AED 2,139,888, or AED 1,658 per sqft.
  • 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 11 October 2021.

Questions about 603, Executive Residences 2 at Park Ridge

What did unit 603 last sell for?

AED 2,139,888 on 11 October 2021, sold by the developer: AED 1,658 per sqft for 1,290 sqft. It is the only registered sale of the unit.

How big is unit 603?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2022.

What is unit 603 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 603, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 2.14M, 11 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,139,888
Deposit, UAE resident (20%)
AED 427,978
Deposit, non-resident (40%)
AED 855,955
Monthly over 25 years at 3.7%
AED 8,755

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