2-bed · 1,011 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 3rd floor · completed 2022

302, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 25 November 2021
Last soldAED 1.61M25 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Executive Residences at Park Ridge

What is 302 worth today?

Last sold for AED 1,608,888 in 2021

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25 Nov 2021Sold by developerOff-plan
AED 1,608,888AED 1,591 per sqft

Source: Dubai Land Department. Updated 25 November 2021.

Key facts

Type
2-bed apartment
Size
1,011 sqft
Floor
3rd of 9
Parking
B1-1378
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.61M · November 2021

About 302, Executive Residences at Park Ridge

302 is a two-bedroom apartment of 1,011 sqft on the 3rd 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 25 November 2021 for AED 1,608,888, or AED 1,591 per sqft, in line with the AED 1,631 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, 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, November 2021: AED 1,608,888 (AED 1,591 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Executive Residences at Park Ridge
140K160K202220242026Typical rent by year: 2022 AED 130,000; 2023 AED 150,000; 2024 AED 158,750; 2025 AED 160,000; 2026 AED 150,000

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 302 sits

All 95 2-beds →

302 last sold in November 2021 at AED 1,591 per sqft, in line with what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,631). 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.

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
3011-bedAED 1.5M · Oct 2026
3032-bedAED 2.45M · Oct 2022
3042-bedAED 2.09M · Apr 2022
3052-bedAED 1.45M · Jun 2019
3062-bedAED 1.5M · Aug 2022
3072-bedAED 1.57M · Apr 2022
3082-bedAED 1.59M · Apr 2022
1–7 of 18

302, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 25 November 2021 for AED 1,608,888, or AED 1,591 per sqft.
  • 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 25 November 2021.

Questions about 302, Executive Residences at Park Ridge

What did unit 302 last sell for?

AED 1,608,888 on 25 November 2021, sold by the developer: AED 1,591 per sqft for 1,011 sqft. It is the only registered sale of the unit.

How big is unit 302?

1,011 sqft (93.9 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2022.

What is unit 302 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 302, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.61M, 25 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,608,888
Deposit, UAE resident (20%)
AED 321,778
Deposit, non-resident (40%)
AED 643,555
Monthly over 25 years at 3.7%
AED 6,582

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