2-bed · 1,004 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 4th floor · completed 2022

408, Executive Residences at Park Ridge

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 2.45M12 September 2025
Current rentAED 135K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Executive Residences at Park Ridge

What is 408 worth today?

Last sold for AED 2,450,000 in 2025

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20 Sep 2026RentedRenewal
AED 135,000/yr12 months · AED 135 per sqft
20 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
12 Sep 2025SoldReady
AED 2,450,000AED 2,439 per sqft
1 Aug 2025RentedRenewal
AED 160,000/yr6 months · AED 160 per sqft
1 Aug 2024RentedRenewal
AED 138,250/yr12 months · AED 138 per sqft
1 Aug 2023RentedRenewal
AED 133,250/yr12 months · AED 133 per sqft
1 Aug 2022RentedNew contract
AED 130,000/yr12 months · AED 130 per sqft
25 Jun 2019Sold by developerOff-plan
AED 1,526,888AED 1,520 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
1,004 sqft
Floor
4th of 9
Parking
B1-1351
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.45M · September 2025

About 408, Executive Residences at Park Ridge

408 is a two-bedroom apartment of 1,004 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. It last sold on 12 September 2025 for AED 2,450,000, or AED 2,439 per sqft, in line with the AED 2,463 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 135,000 a year: a gross yield of 5.5% on the 2025 price.

Sales and rents for 408 over time

Sales
Unit 408, 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, June 2019: AED 1,526,888 (AED 1,520 per sqft)Sold, September 2025: AED 2,450,000 (AED 2,439 per sqft)

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

Rents
Unit 408, 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 150,000New contract, August 2022: AED 130,000 a yearRenewal, August 2023: AED 133,250 a yearRenewal, August 2024: AED 138,250 a yearRenewal, August 2025: AED 160,000 a yearNew contract, September 2025: AED 150,000 a yearRenewal, September 2026: AED 135,000 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 408 sits

All 95 2-beds →

408 last sold in September 2025 at AED 2,439 per sqft, in line with what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 2,463). 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. 408's AED 135,000 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 127K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
4011-bedAED 800K · Aug 2025
4022-bedAED 1.57M · Oct 2019
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
1–7 of 18

408, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 25 June 2019 for AED 1,526,888, last on 12 September 2025 for AED 2,450,000 (AED 2,439 per sqft).
  • Rented since August 2022 on 6 Ejari contracts, from AED 130,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2025 price is 5.5%.
  • 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 20 September 2026.

Questions about 408, Executive Residences at Park Ridge

What did unit 408 last sell for?

AED 2,450,000 on 12 September 2025: AED 2,439 per sqft for 1,004 sqft. The unit has 2 registered sales; the first was AED 1,526,888 in June 2019.

What is the rent for unit 408?

AED 135,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 150,000; the unit has been rented since August 2022.

How big is unit 408?

1,004 sqft (93.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2022.

What is unit 408 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 408, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.45M, 12 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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