516, Executive Residences at Park Ridge
Sold prices and rental history: sold 3 times, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Executive Residences at Park Ridge
What is 516 worth today?
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Source: Dubai Land Department. Updated 23 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,003 sqft
- Floor
- 5th of 9
- Parking
- B1-1346
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Last sold
- AED 2.5M · January 2023
About 516, Executive Residences at Park Ridge
516 is a two-bedroom apartment of 1,003 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 23 January 2023 for AED 2,500,000, or AED 2,491 per sqft, 58% above the AED 1,575 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 516 sits
All 95 2-beds →516 last sold in January 2023 at AED 2,491 per sqft, 58% above what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,575). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,002 sqft | 2,180,000 | 2,176 | ||
| 18 Jun 202618 June 2026 | 1,000 sqft | 2,200,000 | 2,199 | ||
| 13 Feb 202613 February 2026 | 1,000 sqft | 2,325,000 | 2,324 | ||
| 12 Jan 202612 January 2026 | 1,278 sqft | 4,060,000 | 3,177 |
Executive Residences at Park Ridge
Building194 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%
Other units on the 5th floor
All 194 units in Executive Residences at Park Ridge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 657 sqft | AED 1.1MAED 1,096,888 · Feb 2020February 2020 | 89,000 /yr | |
| 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 | |
| 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 |
516, Executive Residences at Park Ridge in numbers
- Sold 3 times: first on 26 June 2019 for AED 1,620,888, last on 23 January 2023 for AED 2,500,000 (AED 2,491 per sqft).
- 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 23 January 2023.
Questions about 516, Executive Residences at Park Ridge
What did unit 516 last sell for?
AED 2,500,000 on 23 January 2023: AED 2,491 per sqft for 1,003 sqft. The unit has 3 registered sales; the first was AED 1,620,888 in June 2019.
How big is unit 516?
1,003 sqft (93.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2022.
What is unit 516 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 516, Executive Residences at Park Ridge
Starts from the last sale price (AED 2.5M, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →