623, Executive Residences 2 at Park Ridge
Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 623, Executive Residences 2 at Park Ridge
What is 623 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 653 sqft
- Floor
- 6th of 12
- Parking
- B1-1302
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Last sold
- AED 1.1M · June 2022
About 623, Executive Residences 2 at Park Ridge
623 is a one-bedroom apartment of 653 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 22 June 2022 for AED 1,102,781, or AED 1,690 per sqft, in line with the AED 1,737 one-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 25 July 2026, is AED 80,000 a year: a gross yield of 7.2% on the 2022 price.
Sales and rents for 623 over time
623 has sold once; the dashed line is the one-bed median of each year in the building.
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 623 sits
All 176 1-beds →623 last sold in June 2022 at AED 1,690 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,737). 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. 623's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Executive Residences 2 at Park Ridge
Building381 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 115K /yr
- Typical yield
- 6.0%
Other units on the 6th floor
All 381 units in Executive Residences 2 at Park Ridge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 992 sqft | AED 2.7MAED 2,700,000 · Mar 2025March 2025 | 175,000 /yr | |
| 602 | 2-bed | 997 sqft | AED 1.6MAED 1,596,888 · Nov 2021November 2021 | 121,000 /yr | |
| 603 | 2-bed | 1,290 sqft | AED 2.14MAED 2,139,888 · Oct 2021October 2021 | ||
| 604 | 2-bed | 1,281 sqft | AED 2.16MAED 2,160,888 · Jun 2021June 2021 | 158,000 /yr | |
| 605 | 2-bed | 1,006 sqft | AED 1.57MAED 1,570,000 · Jun 2022June 2022 | 140,000 /yr | |
| 606 | 2-bed | 998 sqft | AED 1.57MAED 1,570,000 · Jun 2022June 2022 | 160,000 /yr | |
| 607 | 2-bed | 989 sqft | AED 2.35MAED 2,350,000 · Jul 2026July 2026 | 144,000 /yr | |
| 608 | 1-bed | 647 sqft | AED 1.2MAED 1,200,000 · Nov 2022November 2022 | 105,000 /yr | |
| 609 | 1-bed | 654 sqft | AED 1.02MAED 1,023,044 · Jun 2021June 2021 | 85,000 /yr | |
| 610 | 1-bed | 647 sqft | AED 1.13MAED 1,134,888 · May 2022May 2022 | 85,000 /yr | |
| 611 | 1-bed | 654 sqft | AED 1.38MAED 1,380,000 · Feb 2024February 2024 | 84,000 /yr | |
| 612 | 1-bed | 675 sqft | AED 1.33MAED 1,330,000 · Nov 2023November 2023 | 100,000 /yr | |
| 613 | 1-bed | 650 sqft | AED 1.1MAED 1,099,871 · Oct 2023October 2023 | 95,000 /yr | |
| 614 | 1-bed | 652 sqft | AED 1.14MAED 1,138,888 · Apr 2022April 2022 | 112,000 /yr | |
| 615 | 1-bed | 650 sqft | AED 1.1MAED 1,104,721 · Jun 2022June 2022 | 75,000 /yr | |
| 616 | 1-bed | 653 sqft | AED 1.11MAED 1,114,888 · Jul 2021July 2021 | 110,000 /yr | |
| 617 | 1-bed | 652 sqft | AED 1.43MAED 1,430,000 · Nov 2022November 2022 | 110,000 /yr | |
| 618 | 1-bed | 650 sqft | AED 1.16MAED 1,161,888 · Feb 2022February 2022 | 115,000 /yr | |
| 619 | 2-bed | 990 sqft | AED 1.65MAED 1,653,888 · Apr 2021April 2021 | 157,500 /yr | |
| 620 | 2-bed | 990 sqft | AED 1.65MAED 1,651,888 · Apr 2021April 2021 | 170,000 /yr | |
| 621 | 2-bed | 995 sqft | AED 1.69MAED 1,693,888 · Feb 2022February 2022 | ||
| 622 | 1-bed | 654 sqft | AED 1.32MAED 1,320,000 · Dec 2022December 2022 | 105,000 /yr | |
| 624 | 2-bed | 993 sqft | AED 2.18MAED 2,175,000 · Jun 2025June 2025 | 131,250 /yr | |
| 625 | 2-bed | 994 sqft | AED 1.93MAED 1,930,000 · Nov 2023November 2023 | 190,000 /yr | |
| 626 | 2-bed | 1,001 sqft | AED 2.5MAED 2,500,000 · Jan 2026January 2026 | 115,000 /yr | |
| 627 | 3-bed | 1,575 sqft | AED 2.5MAED 2,500,000 · Nov 2022November 2022 | ||
| 628 | 3-bed | 1,580 sqft | AED 4.3MAED 4,300,000 · Feb 2026February 2026 | 200,000 /yr | |
| 629 | 2-bed | 995 sqft | AED 1.58MAED 1,581,888 · Oct 2021October 2021 | 175,000 /yr | |
| 630 | 2-bed | 1,006 sqft | AED 1.55MAED 1,550,000 · Aug 2022August 2022 | 147,692 /yr | |
| 631 | 1-bed | 652 sqft | AED 1.75MAED 1,750,000 · Feb 2024February 2024 | 120,000 /yr |
623, Executive Residences 2 at Park Ridge in numbers
- Sold once: by Dubai Hills Estate on 22 June 2022 for AED 1,102,781, or AED 1,690 per sqft.
- Rented since November 2022 on 5 Ejari contracts, from AED 70,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 7.2%.
- 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 25 July 2026.
Questions about 623, Executive Residences 2 at Park Ridge
What did unit 623 last sell for?
AED 1,102,781 on 22 June 2022, sold by the developer: AED 1,690 per sqft for 653 sqft. It is the only registered sale of the unit.
What is the rent for unit 623?
AED 80,000 a year on the contract renewed on 25 July 2026. The previous contract, from July 2025, was AED 80,000; the unit has been rented since November 2022.
How big is unit 623?
653 sqft (60.7 sqm): a one-bedroom apartment on the 6th floor of a 12-storey tower completed in 2022.
What is unit 623 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 623, Executive Residences 2 at Park Ridge
Starts from the last sale price (AED 1.1M, 22 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,102,781
- Deposit, UAE resident (20%)
- AED 220,556
- Deposit, non-resident (40%)
- AED 441,112
- Monthly over 25 years at 3.7%
- AED 4,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →