2-bed · 1,005 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 3rd floor · completed 2022

308, Executive Residences at Park Ridge

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

Unit 308 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.59M20 April 2022
Current rentAED 150K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Executive Residences at Park Ridge

What is 308 worth today?

Last sold for AED 1,594,888 in 2022

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1 Mar 2026RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
1 Mar 2025RentedNew contract
AED 150,000/yr12 months · AED 149 per sqft
1 Mar 2025RentedNew contract
AED 150,000/yr12 months · AED 149 per sqft
20 Aug 2024RentedRenewal
AED 114,000/yr6 months · AED 114 per sqft
20 Aug 2023RentedRenewal
AED 100,000/yr12 months · AED 100 per sqft
20 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 95 per sqft
20 Apr 2022Sold by developerOff-plan
AED 1,594,888AED 1,587 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 9
Parking
B1-1352
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.59M · April 2022

About 308, Executive Residences at Park Ridge

308 is a two-bedroom apartment of 1,005 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 20 April 2022 for AED 1,594,888, or AED 1,587 per sqft, in line with the AED 1,598 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 1 March 2026, is AED 150,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 308 over time

Sales
Unit 308, 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, April 2022: AED 1,594,888 (AED 1,587 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Executive Residences at Park Ridge
100K150K202220242026Typical 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 95,000 a yearRenewal, August 2023: AED 100,000 a yearRenewal, August 2024: AED 114,000 a yearNew contract, March 2025: AED 150,000 a yearNew contract, March 2025: AED 150,000 a yearNew contract, March 2026: AED 150,000 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 308 sits

All 95 2-beds →

308 last sold in April 2022 at AED 1,587 per sqft, in line with what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,598). 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. 308's AED 150,000 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
3011-bedAED 1.5M · Oct 2026
3022-bedAED 1.61M · Nov 2021
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
1–7 of 18

308, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 20 April 2022 for AED 1,594,888, or AED 1,587 per sqft.
  • Rented since August 2022 on 6 Ejari contracts, from AED 95,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 9.4%.
  • 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 1 March 2026.

Questions about 308, Executive Residences at Park Ridge

What did unit 308 last sell for?

AED 1,594,888 on 20 April 2022, sold by the developer: AED 1,587 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 150,000 a year on the contract signed on 1 March 2026. The previous contract, from March 2025, was AED 150,000; the unit has been rented since August 2022.

How big is unit 308?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2022.

What is unit 308 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 308, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.59M, 20 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,594,888
Deposit, UAE resident (20%)
AED 318,978
Deposit, non-resident (40%)
AED 637,955
Monthly over 25 years at 3.7%
AED 6,525

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