1-bed · 660 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 5th floor · completed 2022

513, Executive Residences at Park Ridge

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 26 April 2026
Last soldAED 1.39M16 August 2024
Current rentAED 90K /yr26 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Executive Residences at Park Ridge

What is 513 worth today?

Last sold for AED 1,385,000 in 2024

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26 Apr 2026RentedRenewal
AED 90,000/yr12 months · AED 137 per sqft
26 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 137 per sqft
16 Aug 2024SoldReady
AED 1,385,000AED 2,099 per sqft
26 Apr 2024RentedRenewal
AED 85,000/yr12 months · AED 129 per sqft
26 Apr 2023RentedNew contract
AED 85,000/yr12 months · AED 129 per sqft
23 Jun 2019Sold by developerOff-plan
AED 1,123,888AED 1,703 per sqft

Source: Dubai Land Department. Updated 26 April 2026.

Key facts

Type
1-bed apartment
Size
660 sqft
Floor
5th of 9
Parking
B1-1327
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.39M · August 2024

About 513, Executive Residences at Park Ridge

513 is a one-bedroom apartment of 660 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. It last sold on 16 August 2024 for AED 1,385,000, or AED 2,099 per sqft, 5% below the AED 2,200 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 26 April 2026, is AED 90,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 513 over time

Sales
Unit 513, 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, June 2019: AED 1,123,888 (AED 1,703 per sqft)Sold, August 2024: AED 1,385,000 (AED 2,099 per sqft)

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

Rents
Unit 513, 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, April 2023: AED 85,000 a yearRenewal, April 2024: AED 85,000 a yearNew contract, April 2025: AED 90,000 a yearRenewal, April 2026: AED 90,000 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 513 sits

All 87 1-beds →

513 last sold in August 2024 at AED 2,099 per sqft, 5% below what one-beds in Executive Residences at Park Ridge were fetching at the time (AED 2,200). 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. 513'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 127K /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

513, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 23 June 2019 for AED 1,123,888, last on 16 August 2024 for AED 1,385,000 (AED 2,099 per sqft).
  • Rented since April 2023 on 4 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.5%.
  • 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 26 April 2026.

Questions about 513, Executive Residences at Park Ridge

What did unit 513 last sell for?

AED 1,385,000 on 16 August 2024: AED 2,099 per sqft for 660 sqft. The unit has 2 registered sales; the first was AED 1,123,888 in June 2019.

What is the rent for unit 513?

AED 90,000 a year on the contract renewed on 26 April 2026. The previous contract, from April 2025, was AED 90,000; the unit has been rented since April 2023.

How big is unit 513?

660 sqft (61.3 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.

What is unit 513 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 513, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.39M, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,385,000
Deposit, UAE resident (20%)
AED 277,000
Deposit, non-resident (40%)
AED 554,000
Monthly over 25 years at 3.7%
AED 5,666

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