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1-bed · 660 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 2nd floor · completed 2022

213, Executive Residences at Park Ridge

Sold prices and rental history: sold twice, last in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 1.33M11 May 2023
Current rentAED 85K /yr6 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 213, Executive Residences at Park Ridge

What is 213 worth today?

Last sold for AED 1,330,000 in 2023

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6 Jun 2024RentedRenewal
AED 85,000/yr12 months · AED 129 per sqft
6 Jun 2023RentedNew contract
AED 85,000/yr12 months · AED 129 per sqft
11 May 2023SoldReady
AED 1,330,000AED 2,016 per sqft
12 Sep 2019Sold by developerOff-plan
AED 1,117,888AED 1,694 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
1-bed apartment
Size
660 sqft
Floor
2nd of 9
Parking
B1-1323
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.33M · May 2023
Building
Executive Residences at Park Ridge

About 213, Executive Residences at Park Ridge

213 is a one-bedroom apartment of 660 sqft on the 2nd floor of Executive Residences at Park Ridge, a 9-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 11 May 2023 for AED 1,330,000, or AED 2,016 per sqft, 14% above the AED 1,771 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 6 June 2024, is AED 85,000 a year: a gross yield of 6.4% on the 2023 price.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical one-bed in Executive Residences at Park Ridge
1.25M1.5M20192021202320252027Typical 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, September 2019: AED 1,117,888 (AED 1,694 per sqft)Sold, May 2023: AED 1,330,000 (AED 2,016 per sqft)

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

Rents
Unit 213, 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, June 2023: AED 85,000 a yearRenewal, June 2024: AED 85,000 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 213 sits

All 87 1-beds →

213 last sold in May 2023 at AED 2,016 per sqft, 14% above what one-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,771). 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. 213's AED 85,000 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 125K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the 2nd floor

All 194 units in Executive Residences at Park Ridge
Value
2011-bedAED 1.09M · Sep 2019
2022-bedAED 1.64M · Mar 2022
2032-bedAED 4.06M · Jan 2026
2042-bedAED 2.13M · Mar 2022
2052-bedAED 1.49M · Apr 2022
2062-bedAED 1.54M · Aug 2022
2072-bedAED 1.57M · Apr 2022
1–7 of 18

213, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 12 September 2019 for AED 1,117,888, last on 11 May 2023 for AED 1,330,000 (AED 2,016 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 6.4%.
  • 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 6 June 2024.

Questions about 213, Executive Residences at Park Ridge

What did unit 213 last sell for?

AED 1,330,000 on 11 May 2023: AED 2,016 per sqft for 660 sqft. The unit has 2 registered sales; the first was AED 1,117,888 in September 2019.

What is the rent for unit 213?

AED 85,000 a year on the contract renewed on 6 June 2024. The previous contract, from June 2023, was AED 85,000.

How big is unit 213?

660 sqft (61.3 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2022.

What is unit 213 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.

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Mortgage on 213, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.33M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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