1-bed · 657 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 5th floor · completed 2022

501, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 501 · DLD and Ejari recordsUpdated 15 January 2025

Last soldAED 1.1M10 February 2020

Current rentAED 89K /yr15 January 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 501, Executive Residences at Park Ridge

Today

What is 501 worth today?

Last sold for AED 1,096,888 in 2020

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15 Jan 2025

15 Jan 2025RentedRenewal

AED 89,000/yr24 months · AED 135 per sqft

15 Jan 2025

15 Jan 2025RentedRenewal

AED 89,000/yr24 months · AED 135 per sqft

15 Jan 2024

15 Jan 2024RentedRenewal

AED 88,000/yr12 months · AED 134 per sqft

15 Jan 2023

15 Jan 2023RentedNew contract

AED 80,000/yr12 months · AED 122 per sqft

10 Feb 2020

10 Feb 2020Sold by developerOff-plan

AED 1,096,888AED 1,668 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type: 1-bed apartment
Size: 657 sqft
Floor: 5th of 9
Parking: B1-1311
Developer: Dubai Hills Estate
Completed: 2022
Last sold: AED 1.1M · February 2020
Building: Executive Residences at Park Ridge

About 501, Executive Residences at Park Ridge

501 is a one-bedroom apartment of 657 sqft on the 5th 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 10 February 2020 for AED 1,096,888, or AED 1,668 per sqft, in line with the AED 1,667 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 89,000 a year: a gross yield of 8.1% on the 2020 price.

Sales and rents for 501 over time

Sales

Unit 501, each saleTypical one-bed in Executive Residences at Park Ridge

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

Rents

Unit 501, each contractTypical one-bed in Executive Residences at Park Ridge

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 501 sits

All 87 1-beds →

1-beds in Executive Residences at Park Ridge · last 12 months2,379 /sqft Executive Residences at Park Ridge · all types2,324 /sqft

501 last sold in February 2020 at AED 1,668 per sqft, in line with what one-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,667). 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. 501's AED 89,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	657 sqft	1,500,000	2,282
6 Aug 20266 August 2026	658 sqft	1,650,000	2,508
29 Jul 202629 July 2026	655 sqft	14,047	21
24 Feb 202624 February 2026	637 sqft	1,470,000	2,306

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 5th floor

All 194 units in Executive Residences at Park Ridge


502	2-bed	1,009 sqft	AED 1.58MAED 1,575,888 · May 2019May 2019	160,000 /yr
503	2-bed	1,280 sqft	AED 2.12MAED 2,123,888 · Aug 2021August 2021
504	2-bed	1,286 sqft	AED 2.1MAED 2,101,888 · Oct 2021October 2021
505	2-bed	1,000 sqft	AED 2.2MAED 2,200,000 · Jun 2026June 2026	143,810 /yr
506	2-bed	1,002 sqft	AED 1.48MAED 1,478,888 · Jun 2019June 2019	130,000 /yr
507	2-bed	1,000 sqft	AED 1.58MAED 1,575,888 · Mar 2022March 2022	165,000 /yr
508	2-bed	1,005 sqft	AED 1.53MAED 1,528,888 · Feb 2020February 2020
509	1-bed	657 sqft	AED 1.14MAED 1,141,888 · Mar 2022March 2022	94,000 /yr
510	1-bed	639 sqft	AED 1.07MAED 1,065,888 · Jun 2019June 2019	95,000 /yr
511	1-bed	648 sqft	AED 1.08MAED 1,080,888 · Jun 2019June 2019	95,000 /yr
512	1-bed	647 sqft	AED 1.09MAED 1,085,888 · May 2019May 2019	89,280 /yr
513	1-bed	660 sqft	AED 1.39MAED 1,385,000 · Aug 2024August 2024	90,000 /yr
514	1-bed	661 sqft	AED 1.28MAED 1,283,503 · Dec 2024December 2024
515	1-bed	658 sqft	AED 1.09MAED 1,086,888 · Jun 2019June 2019	80,000 /yr
516	2-bed	1,003 sqft	AED 2.5MAED 2,500,000 · Jan 2023January 2023
517	2-bed	995 sqft	AED 2.6MAED 2,600,000 · Jul 2023July 2023	175,000 /yr
518	2-bed	989 sqft	AED 1.62MAED 1,619,888 · Jun 2019June 2019	165,000 /yr
519	1-bed	649 sqft	AED 1.51MAED 1,510,512 · May 2025May 2025	105,000 /yr

1–7 of 18

501, Executive Residences at Park Ridge in numbers

Sold once: by Dubai Hills Estate on 10 February 2020 for AED 1,096,888, or AED 1,668 per sqft.
Rented since January 2023 on 4 Ejari contracts, from AED 80,000 to AED 89,000 a year.
At AED 89,000 a year the gross yield on the 2020 price is 8.1%.
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 15 January 2025.

Questions about 501, Executive Residences at Park Ridge

What did unit 501 last sell for?

AED 1,096,888 on 10 February 2020, sold by the developer: AED 1,668 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 89,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 89,000; the unit has been rented since January 2023.

How big is unit 501?

657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit 501 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 501, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.1M, 10 February 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,096,888
Deposit, UAE resident (20%): AED 219,378
Deposit, non-resident (40%): AED 438,755
Monthly over 25 years at 3.7%: AED 4,488

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