1-bed · 914 sqftExecutive Residences 2 at Park Ridge, Dubai Hills Estate · Ground floor · completed 2022

G08, Executive Residences 2 at Park Ridge

Sold prices and rental history: sold twice, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 1.47M14 November 2024
Current rentAED 75K /yr26 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Executive Residences 2 at Park Ridge

What is G08 worth today?

Last sold for AED 1,470,000 in 2024

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14 Nov 2024SoldReady
AED 1,470,000AED 1,608 per sqft
26 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 82 per sqft
26 Oct 2022RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
14 Mar 2022Sold by developerOff-plan
AED 1,141,888AED 1,277 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
914 sqft
Floor
Ground of 12
Parking
B2-2107
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.47M · November 2024

About G08, Executive Residences 2 at Park Ridge

G08 is a one-bedroom apartment of 914 sqft on the ground 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 14 November 2024 for AED 1,470,000, or AED 1,608 per sqft, 30% below the AED 2,304 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 26 October 2023, is AED 75,000 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for G08 over time

Sales
Unit G08, 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 2022: AED 1,141,888 (AED 1,277 per sqft)Sold, November 2024: AED 1,470,000 (AED 1,608 per sqft)

G08 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G08, 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, October 2022: AED 75,000 a yearRenewal, October 2023: AED 75,000 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 G08 sits

All 176 1-beds →

G08 last sold in November 2024 at AED 1,608 per sqft, 30% below what one-beds in Executive Residences 2 at Park Ridge were fetching at the time (AED 2,304). 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. G08's AED 75,000 is in the lower 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
G012-bedAED 1.66M · Jan 2022
G022-bedAED 1.67M · Nov 2021
G032-bedAED 2.39M · Feb 2022
G042-bedAED 2.32M · Mar 2022
G052-bedAED 2.33M · Sep 2026
G062-bedAED 2.4M · Jun 2025
G071-bedAED 1.11M · Oct 2020
1–7 of 30

G08, Executive Residences 2 at Park Ridge in numbers

  • Sold twice: first on 14 March 2022 for AED 1,141,888, last on 14 November 2024 for AED 1,470,000 (AED 1,608 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.1%.
  • 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 14 November 2024.

Questions about G08, Executive Residences 2 at Park Ridge

What did unit G08 last sell for?

AED 1,470,000 on 14 November 2024: AED 1,608 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 1,141,888 in March 2022.

What is the rent for unit G08?

AED 75,000 a year on the contract renewed on 26 October 2023. The previous contract, from October 2022, was AED 75,000.

How big is unit G08?

914 sqft (84.9 sqm): a one-bedroom apartment on the ground floor of a 12-storey tower completed in 2022.

What is unit G08 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 G08, Executive Residences 2 at Park Ridge

Starts from the last sale price (AED 1.47M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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