2-bed · 992 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 8th floor · completed 2022

801, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 21 December 2024
Last soldAED 1.57M4 August 2022
Current rentAED 147K /yr21 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Executive Residences 2 at Park Ridge

What is 801 worth today?

Last sold for AED 1,570,000 in 2022

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21 Dec 2024RentedRenewal
AED 147,000/yr12 months · AED 148 per sqft
21 Dec 2023RentedRenewal
AED 147,000/yr12 months · AED 148 per sqft
21 Dec 2022RentedNew contract
AED 147,000/yr12 months · AED 148 per sqft
4 Aug 2022SoldReady
AED 1,570,000AED 1,581 per sqft
25 Nov 2021Sold by developerOff-plan
AED 1,514,194AED 1,525 per sqft

Source: Dubai Land Department. Updated 21 December 2024.

Key facts

Type
2-bed apartment
Size
992 sqft
Floor
8th of 12
Parking
B1-1278
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.57M · August 2022

About 801, Executive Residences 2 at Park Ridge

801 is a two-bedroom apartment of 992 sqft on the 8th floor of Executive Residences 2 at Park Ridge, a 12-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 4 August 2022 for AED 1,570,000, or AED 1,581 per sqft, in line with the AED 1,591 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 21 December 2024, is AED 147,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 801 over time

Sales
Unit 801, 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, November 2021: AED 1,514,194 (AED 1,525 per sqft)Sold, August 2022: AED 1,570,000 (AED 1,581 per sqft)

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

Rents
Unit 801, 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 150,000New contract, December 2022: AED 147,000 a yearRenewal, December 2023: AED 147,000 a yearRenewal, December 2024: AED 147,000 a year

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 801 sits

All 174 2-beds →

801 last sold in August 2022 at AED 1,581 per sqft, in line with what two-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,591). 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. 801's AED 147,000 is in the upper half of that range.

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 →
Value
8022-bedAED 2M · Oct 2022
8032-bedAED 3.4M · Nov 2025
8042-bedAED 2.75M · Nov 2023
8052-bedAED 2.55M · Jul 2026
8062-bedAED 2.45M · Jul 2024
8072-bedAED 2.15M · Jan 2024
8081-bedAED 1.05M · Jul 2019
1–7 of 30

801, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 25 November 2021 for AED 1,514,194, last on 4 August 2022 for AED 1,570,000 (AED 1,581 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, at AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2022 price is 9.4%.
  • 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 December 2024.

Questions about 801, Executive Residences 2 at Park Ridge

What did unit 801 last sell for?

AED 1,570,000 on 4 August 2022: AED 1,581 per sqft for 992 sqft. The unit has 2 registered sales; the first was AED 1,514,194 in November 2021.

What is the rent for unit 801?

AED 147,000 a year on the contract renewed on 21 December 2024. The previous contract, from December 2023, was AED 147,000; the unit has been rented since December 2022.

How big is unit 801?

992 sqft (92.2 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower completed in 2022.

What is unit 801 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 801, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.57M, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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