1-bed · 650 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 1st floor · completed 2022

114, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 1.04M27 June 2019
Current rentAED 95K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Executive Residences at Park Ridge

What is 114 worth today?

Last sold for AED 1,039,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 145 per sqft
22 Dec 2022RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
27 Jun 2019Sold by developerOff-plan
AED 1,039,888AED 1,599 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
1st of 9
Parking
B2-2102
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.04M · June 2019

About 114, Executive Residences at Park Ridge

114 is a one-bedroom apartment of 650 sqft on the 1st floor of Executive Residences at Park Ridge, a 9-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 27 June 2019 for AED 1,039,888, or AED 1,599 per sqft, 4% below the AED 1,667 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 10 February 2024, is AED 95,000 a year: a gross yield of 9.1% on the 2019 price.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical one-bed in Executive Residences at Park Ridge
1M1.25M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,087,888; 2020 AED 1,096,888; 2021 AED 1,101,888; 2022 AED 1,127,888; 2023 AED 1,325,000; 2024 AED 1,441,000; 2025 AED 1,517,756; 2026 AED 1,575,000Sold by developer, June 2019: AED 1,039,888 (AED 1,599 per sqft)

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

Rents
Unit 114, each contractTypical one-bed in Executive Residences at Park Ridge
70K80K90K202220242026Typical rent by year: 2022 AED 73,799; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 90,000New contract, December 2022: AED 80,000 a yearNew contract, February 2024: AED 95,000 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 at Park Ridge, and where 114 sits

All 87 1-beds →

114 last sold in June 2019 at AED 1,599 per sqft, 4% below what one-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,667). Over the last 12 months one-beds sold for AED 1,470,000 to 1,830,000, around AED 2,379 per sqft, and rent for AED 72,000 to 140,000 a year. 114's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,500,000
6 Aug 20261,650,000
29 Jul 202614,047
24 Feb 20261,470,000
8 1-bed sales in the last 12 months

Executive Residences at Park Ridge

Building

194 apartments, 1-bed to 3-bed over 9 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 2,324 Down 3.1%
Typical sale
AED 1.83M
Typical rent
AED 127K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
1011-bedAED 1.09M · Aug 2019
1022-bedAED 1.64M · Jan 2022
1032-bedAED 2.11M · Feb 2022
1042-bedAED 3.09M · Jun 2025
1052-bedAED 1.54M · Oct 2022
1062-bedAED 2.4M · Dec 2024
1072-bedAED 1.56M · Aug 2022
1–7 of 18

114, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 27 June 2019 for AED 1,039,888, or AED 1,599 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 80,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 9.1%.
  • One-beds in Executive Residences at Park Ridge sold for AED 1,470,000–1,830,000 in the 12 months to November 2026; the building's median across all types is AED 2,324 per sqft.

Source: Dubai Land Department. Updated 10 February 2024.

Questions about 114, Executive Residences at Park Ridge

What did unit 114 last sell for?

AED 1,039,888 on 27 June 2019, sold by the developer: AED 1,599 per sqft for 650 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 95,000 a year on the contract signed on 10 February 2024. The previous contract, from December 2022, was AED 80,000.

How big is unit 114?

650 sqft (60.4 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2022.

What is unit 114 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 at Park Ridge sold for AED 1,470,000 to 1,830,000 in the last 12 months, around AED 2,379 per sqft.

Selling 114? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 114, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.04M, 27 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,039,888
Deposit, UAE resident (20%)
AED 207,978
Deposit, non-resident (40%)
AED 415,955
Monthly over 25 years at 3.7%
AED 4,255

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