2-bed · 1,009 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

402, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.57M15 October 2019
Current rentAED 140K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Executive Residences at Park Ridge

What is 402 worth today?

Last sold for AED 1,572,888 in 2019

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1 Sep 2026RentedNew contract
AED 140,000/yr12 months · AED 139 per sqft
10 Dec 2025RentedRenewal
AED 155,000/yr12 months · AED 155 per sqft
10 Dec 2024RentedRenewal
AED 180,000/yr12 months · AED 180 per sqft
10 Dec 2023RentedNew contract
AED 180,000/yr12 months · AED 178 per sqft
15 Oct 2019Sold by developerOff-plan
AED 1,572,888AED 1,559 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
4th of 9
Parking
B1-1379
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.57M · October 2019

About 402, Executive Residences at Park Ridge

402 is a two-bedroom apartment of 1,009 sqft on the 4th 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 15 October 2019 for AED 1,572,888, or AED 1,559 per sqft, in line with the AED 1,564 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 September 2026, is AED 140,000 a year: a gross yield of 8.9% on the 2019 price.

Sales and rents for 402 over time

Sales
Unit 402, 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, October 2019: AED 1,572,888 (AED 1,559 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Executive Residences at Park Ridge
125K150K175K202220242026Typical rent by year: 2022 AED 130,000; 2023 AED 150,000; 2024 AED 158,750; 2025 AED 160,000; 2026 AED 150,000New contract, December 2023: AED 180,000 a yearRenewal, December 2024: AED 180,000 a yearRenewal, December 2025: AED 155,000 a yearNew contract, September 2026: AED 140,000 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 402 sits

All 95 2-beds →

402 last sold in October 2019 at AED 1,559 per sqft, in line with what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,564). 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. 402's AED 140,000 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
4011-bedAED 800K · Aug 2025
4032-bedAED 3.15M · Jan 2025
4042-bedAED 1.99M · Oct 2021
4052-bedAED 1.49M · Dec 2021
4062-bedAED 1.48M · Sep 2019
4072-bedAED 1.57M · Feb 2022
4082-bedAED 2.45M · Sep 2025
1–7 of 18

402, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 15 October 2019 for AED 1,572,888, or AED 1,559 per sqft.
  • Rented since December 2023 on 4 Ejari contracts, from AED 180,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 8.9%.
  • 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 September 2026.

Questions about 402, Executive Residences at Park Ridge

What did unit 402 last sell for?

AED 1,572,888 on 15 October 2019, sold by the developer: AED 1,559 per sqft for 1,009 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 140,000 a year on the contract signed on 1 September 2026. The previous contract, from December 2025, was AED 155,000; the unit has been rented since December 2023.

How big is unit 402?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2022.

What is unit 402 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 402, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.57M, 15 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,572,888
Deposit, UAE resident (20%)
AED 314,578
Deposit, non-resident (40%)
AED 629,155
Monthly over 25 years at 3.7%
AED 6,435

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