1-bed · 653 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · 8th floor · completed 2022

823, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 823 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 1.12M7 March 2021
Current rentAED 110K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 823, Executive Residences 2 at Park Ridge

What is 823 worth today?

Last sold for AED 1,116,888 in 2021

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20 Oct 2025RentedNew contract
AED 110,000/yr12 months · AED 169 per sqft
15 Sep 2024RentedNew contract
AED 110,000/yr12 months · AED 169 per sqft
7 Mar 2021Sold by developerOff-plan
AED 1,116,888AED 1,711 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
8th of 12
Parking
B2-2114
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.12M · March 2021

About 823, Executive Residences 2 at Park Ridge

823 is a one-bedroom apartment of 653 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. The developer sold it on 7 March 2021 for AED 1,116,888, or AED 1,711 per sqft, in line with the AED 1,697 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 20 October 2025, is AED 110,000 a year: a gross yield of 9.8% on the 2021 price.

Sales and rents for 823 over time

Sales
Unit 823, each saleTypical one-bed in Executive Residences 2 at Park Ridge
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,087,888; 2020 AED 1,115,888; 2021 AED 1,116,888; 2022 AED 1,134,888; 2023 AED 1,296,944; 2024 AED 1,500,000; 2025 AED 1,725,000; 2026 AED 1,590,000Sold by developer, March 2021: AED 1,116,888 (AED 1,711 per sqft)

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

Rents
Unit 823, each contractTypical one-bed in Executive Residences 2 at Park Ridge
80K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 86,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 94,500New contract, September 2024: AED 110,000 a yearNew contract, October 2025: AED 110,000 a year

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 823 sits

All 176 1-beds →

823 last sold in March 2021 at AED 1,711 per sqft, in line with what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 1,697). 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. 823's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20261,590,000
4 Jun 20261,470,000
10 Apr 20261,650,000
27 Mar 20261,650,000
10 1-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 →
Value
8012-bedAED 1.57M · Aug 2022
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
1–7 of 30

823, Executive Residences 2 at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 7 March 2021 for AED 1,116,888, or AED 1,711 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 9.8%.
  • 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 20 October 2025.

Questions about 823, Executive Residences 2 at Park Ridge

What did unit 823 last sell for?

AED 1,116,888 on 7 March 2021, sold by the developer: AED 1,711 per sqft for 653 sqft. It is the only registered sale of the unit.

What is the rent for unit 823?

AED 110,000 a year on the contract signed on 20 October 2025. The previous contract, from September 2024, was AED 110,000.

How big is unit 823?

653 sqft (60.7 sqm): a one-bedroom apartment on the 8th floor of a 12-storey tower completed in 2022.

What is unit 823 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 823, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.12M, 7 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,116,888
Deposit, UAE resident (20%)
AED 223,378
Deposit, non-resident (40%)
AED 446,755
Monthly over 25 years at 3.7%
AED 4,570

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