2-bed · 1,003 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 1st floor · completed 2022

116, Executive Residences at Park Ridge

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

Unit 116 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 1.68M23 August 2022
Current rentAED 137K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Executive Residences at Park Ridge

What is 116 worth today?

Last sold for AED 1,682,888 in 2022

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7 Sep 2026RentedNew contract
AED 137,000/yr12 months · AED 137 per sqft
15 Jun 2025RentedRenewal
AED 167,102/yr6 months · AED 167 per sqft
15 Jun 2025RentedRenewal
AED 167,102/yr6 months · AED 167 per sqft
15 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 159 per sqft
15 Jun 2023RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
28 Aug 2022RentedNew contract
AED 126,000/yr12 months · AED 126 per sqft
23 Aug 2022Sold by developerReady
AED 1,682,888AED 1,677 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
2-bed apartment
Size
1,003 sqft
Floor
1st of 9
Parking
B1-1421
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.68M · August 2022

About 116, Executive Residences at Park Ridge

116 is a two-bedroom apartment of 1,003 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 23 August 2022 for AED 1,682,888, or AED 1,677 per sqft, 6% above the AED 1,583 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 7 September 2026, is AED 137,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Executive Residences at Park Ridge
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,612,388; 2020 AED 1,578,888; 2021 AED 1,652,888; 2022 AED 1,583,888; 2023 AED 2,200,000; 2024 AED 2,450,000; 2025 AED 3,118,000; 2026 AED 2,262,500Sold by developer, August 2022: AED 1,682,888 (AED 1,677 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Executive Residences at Park Ridge
120K140K160K202220242026Typical rent by year: 2022 AED 130,000; 2023 AED 150,000; 2024 AED 158,750; 2025 AED 160,000; 2026 AED 150,000New contract, August 2022: AED 126,000 a yearNew contract, June 2023: AED 150,000 a yearNew contract, June 2024: AED 160,000 a yearRenewal, June 2025: AED 167,102 a yearRenewal, June 2025: AED 167,102 a yearNew contract, September 2026: AED 137,000 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 at Park Ridge, and where 116 sits

All 95 2-beds →

116 last sold in August 2022 at AED 1,677 per sqft, 6% above what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,583). Over the last 12 months two-beds sold for AED 2,180,000 to 4,060,000, around AED 2,262 per sqft, and rent for AED 120,000 to 220,000 a year. 116's AED 137,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Oct 20262,180,000
18 Jun 20262,200,000
13 Feb 20262,325,000
12 Jan 20264,060,000
4 2-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 125K /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

116, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 23 August 2022 for AED 1,682,888, or AED 1,677 per sqft.
  • Rented since August 2022 on 6 Ejari contracts, from AED 126,000 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2022 price is 8.1%.
  • Two-beds in Executive Residences at Park Ridge sold for AED 2,180,000–4,060,000 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 7 September 2026.

Questions about 116, Executive Residences at Park Ridge

What did unit 116 last sell for?

AED 1,682,888 on 23 August 2022, sold by the developer: AED 1,677 per sqft for 1,003 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 137,000 a year on the contract signed on 7 September 2026. The previous contract, from June 2025, was AED 167,102; the unit has been rented since August 2022.

How big is unit 116?

1,003 sqft (93.2 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2022.

What is unit 116 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 at Park Ridge sold for AED 2,180,000 to 4,060,000 in the last 12 months, around AED 2,262 per sqft.

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Mortgage on 116, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.68M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,682,888
Deposit, UAE resident (20%)
AED 336,578
Deposit, non-resident (40%)
AED 673,155
Monthly over 25 years at 3.7%
AED 6,885

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