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2-bed · 990 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 7th floor · completed 2022

719, Executive Residences 2 at Park Ridge

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

Unit 719 · DLD and Ejari recordsUpdated 5 September 2021
Last soldAED 1.66M5 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 719, Executive Residences 2 at Park Ridge

What is 719 worth today?

Last sold for AED 1,657,888 in 2021

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5 Sep 2021Sold by developerOff-plan
AED 1,657,888AED 1,674 per sqft

Source: Dubai Land Department. Updated 5 September 2021.

Key facts

Type
2-bed apartment
Size
990 sqft
Floor
7th of 12
Parking
B1-1264
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.66M · September 2021
Building
Executive Residences 2 at Park Ridge

About 719, Executive Residences 2 at Park Ridge

719 is a two-bedroom apartment of 990 sqft on the 7th 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 5 September 2021 for AED 1,657,888, or AED 1,674 per sqft, 4% above the AED 1,617 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 719 over time

Sales
Unit 719, 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, September 2021: AED 1,657,888 (AED 1,674 per sqft)

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

Rents
Unit 719, 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 719 sits

All 174 2-beds →

719 last sold in September 2021 at AED 1,674 per sqft, 4% above what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,617). 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 117K /yr
Typical yield
6.0%
Executive Residences 2 at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the 7th floor

All 381 units in Executive Residences 2 at Park Ridge
Value
7012-bedAED 2.45M · Dec 2023
7022-bedAED 1.8M · Nov 2022
7032-bedAED 2.14M · Oct 2021
7042-bedAED 1.9M · Aug 2022
7052-bedAED 1.55M · Jun 2022
7062-bedAED 1.57M · Jul 2022
7072-bedAED 1.86M · Nov 2022
1–7 of 30

719, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 5 September 2021 for AED 1,657,888, or AED 1,674 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 5 September 2021.

Questions about 719, Executive Residences 2 at Park Ridge

What did unit 719 last sell for?

AED 1,657,888 on 5 September 2021, sold by the developer: AED 1,674 per sqft for 990 sqft. It is the only registered sale of the unit.

How big is unit 719?

990 sqft (92.0 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 719 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 719, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.66M, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,657,888
Deposit, UAE resident (20%)
AED 331,578
Deposit, non-resident (40%)
AED 663,155
Monthly over 25 years at 3.7%
AED 6,783

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