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

509, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 1.14M9 March 2022
Current rentAED 90K /yr11 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Executive Residences at Park Ridge

What is 509 worth today?

Last sold for AED 1,141,888 in 2022

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11 Feb 2026RentedRenewal
AED 90,000/yr12 months · AED 137 per sqft
11 Feb 2026RentedRenewal
AED 94,000/yr12 months · AED 143 per sqft
11 Feb 2025RentedRenewal
AED 89,250/yr12 months · AED 136 per sqft
13 Feb 2024RentedRenewal
AED 85,000/yr12 months · AED 129 per sqft
13 Feb 2023RentedNew contract
AED 85,000/yr12 months · AED 129 per sqft
9 Mar 2022Sold by developerOff-plan
AED 1,141,888AED 1,737 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
5th of 9
Parking
B2-2040
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.14M · March 2022

About 509, Executive Residences at Park Ridge

509 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 9 March 2022 for AED 1,141,888, or AED 1,737 per sqft, in line with the AED 1,716 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 11 February 2026, is AED 90,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Executive Residences at Park Ridge
1.25M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,087,888; 2020 AED 1,096,888; 2021 AED 1,101,888; 2022 AED 1,127,888; 2023 AED 1,325,000; 2024 AED 1,441,000; 2025 AED 1,517,756; 2026 AED 1,575,000Sold by developer, March 2022: AED 1,141,888 (AED 1,737 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Executive Residences at Park Ridge
70K80K90K202220242026Typical rent by year: 2022 AED 73,799; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 90,000New contract, February 2023: AED 85,000 a yearRenewal, February 2024: AED 85,000 a yearRenewal, February 2025: AED 89,250 a yearRenewal, February 2026: AED 90,000 a yearRenewal, February 2026: AED 94,000 a year

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 509 sits

All 87 1-beds →

509 last sold in March 2022 at AED 1,737 per sqft, in line with what one-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,716). 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. 509's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,500,000
6 Aug 20261,650,000
29 Jul 202614,047
24 Feb 20261,470,000
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 →
Value
5011-bedAED 1.1M · Feb 2020
5022-bedAED 1.58M · May 2019
5032-bedAED 2.12M · Aug 2021
5042-bedAED 2.1M · Oct 2021
5052-bedAED 2.2M · Jun 2026
5062-bedAED 1.48M · Jun 2019
5072-bedAED 1.58M · Mar 2022
1–7 of 18

509, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 9 March 2022 for AED 1,141,888, or AED 1,737 per sqft.
  • Rented since February 2023 on 5 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.9%.
  • 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 11 February 2026.

Questions about 509, Executive Residences at Park Ridge

What did unit 509 last sell for?

AED 1,141,888 on 9 March 2022, sold by the developer: AED 1,737 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 90,000 a year on the contract renewed on 11 February 2026. The previous contract, from February 2026, was AED 94,000; the unit has been rented since February 2023.

How big is unit 509?

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

What is unit 509 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 509, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.14M, 9 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,141,888
Deposit, UAE resident (20%)
AED 228,378
Deposit, non-resident (40%)
AED 456,755
Monthly over 25 years at 3.7%
AED 4,672

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