2-bed · 995 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 6th floor · completed 2022

629, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 629 · DLD and Ejari recordsUpdated 21 November 2024

Last soldAED 1.58M17 October 2021

Current rentAED 175K /yr21 November 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 629, Executive Residences 2 at Park Ridge

Today

What is 629 worth today?

Last sold for AED 1,581,888 in 2021

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21 Nov 2024

21 Nov 2024RentedNew contract

AED 175,000/yr12 months · AED 173 per sqft

15 Nov 2023

15 Nov 2023RentedRenewal

AED 150,000/yr12 months · AED 150 per sqft

15 Nov 2022

15 Nov 2022RentedNew contract

AED 150,000/yr12 months · AED 148 per sqft

17 Oct 2021

17 Oct 2021Sold by developerOff-plan

AED 1,581,888AED 1,590 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type: 2-bed apartment
Size: 995 sqft
Floor: 6th of 12
Parking: B2-2588
Developer: Dubai Hills Estate
Completed: 2022
Last sold: AED 1.58M · October 2021
Building: Executive Residences 2 at Park Ridge

About 629, Executive Residences 2 at Park Ridge

629 is a two-bedroom apartment of 995 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 17 October 2021 for AED 1,581,888, or AED 1,590 per sqft, 4% below the AED 1,653 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 21 November 2024, is AED 175,000 a year: a gross yield of 11.1% on the 2021 price.

Sales and rents for 629 over time

Sales

Unit 629, each saleTypical two-bed in Executive Residences 2 at Park Ridge

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

Rents

Unit 629, each contractTypical two-bed in Executive Residences 2 at Park Ridge

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 629 sits

All 174 2-beds →

2-beds in Executive Residences 2 at Park Ridge · last 12 months2,436 /sqft Executive Residences 2 at Park Ridge · all types2,448 /sqft

629 last sold in October 2021 at AED 1,590 per sqft, 4% below what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,653). 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. 629's AED 175,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
21 Oct 202621 October 2026	1,006 sqft	2,550,000	2,534
22 Sep 202622 September 2026	1,273 sqft	2,330,000	1,830
17 Aug 202617 August 2026	990 sqft	2,425,000	2,448
4 Aug 20264 August 2026	993 sqft	2,150,000	2,164

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 117K /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


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	80,000 /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
623	1-bed	653 sqft	AED 1.1MAED 1,102,781 · Jun 2022June 2022	80,000 /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
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

1–7 of 30

629, Executive Residences 2 at Park Ridge in numbers

Sold once: by Dubai Hills Estate on 17 October 2021 for AED 1,581,888, or AED 1,590 per sqft.
Rented since November 2022 on 3 Ejari contracts, from AED 150,000 to AED 175,000 a year.
At AED 175,000 a year the gross yield on the 2021 price is 11.1%.
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 21 November 2024.

Questions about 629, Executive Residences 2 at Park Ridge

What did unit 629 last sell for?

AED 1,581,888 on 17 October 2021, sold by the developer: AED 1,590 per sqft for 995 sqft. It is the only registered sale of the unit.

What is the rent for unit 629?

AED 175,000 a year on the contract signed on 21 November 2024. The previous contract, from November 2023, was AED 150,000; the unit has been rented since November 2022.

How big is unit 629?

995 sqft (92.4 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2022.

What is unit 629 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 629, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.58M, 17 October 2021). Switch to today's estimate once you have unlocked it.

Price: AED 1,581,888
Deposit, UAE resident (20%): AED 316,378
Deposit, non-resident (40%): AED 632,755
Monthly over 25 years at 3.7%: AED 6,472

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