2-bed · 1,000 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 6th floor · completed 2022

607, Executive Residences at Park Ridge

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 2.65M13 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Executive Residences at Park Ridge

What is 607 worth today?

Last sold for AED 2,650,000 in 2024

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13 Sep 2024SoldReady
AED 2,650,000AED 2,649 per sqft
20 Dec 2021Sold by developerOff-plan
AED 1,546,888AED 1,546 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
2-bed apartment
Size
1,000 sqft
Floor
6th of 9
Parking
B1-1341
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.65M · September 2024

About 607, Executive Residences at Park Ridge

607 is a two-bedroom apartment of 1,000 sqft on the 6th 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 13 September 2024 for AED 2,650,000, or AED 2,649 per sqft, 14% above the AED 2,314 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, 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, December 2021: AED 1,546,888 (AED 1,546 per sqft)Sold, September 2024: AED 2,650,000 (AED 2,649 per sqft)

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

Rents
Unit 607, 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 150,000

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 607 sits

All 95 2-beds →

607 last sold in September 2024 at AED 2,649 per sqft, 14% above what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 2,314). 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 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 125K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
6011-bedAED 1.83M · Jan 2026
6022-bedAED 1.58M · Jun 2019
6032-bedAED 2.08M · Sep 2021
6042-bedAED 2.06M · Sep 2021
6052-bedAED 1.46M · Dec 2019
6062-bedAED 2.25M · May 2024
6082-bedAED 1.53M · Sep 2020
1–7 of 18

607, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 20 December 2021 for AED 1,546,888, last on 13 September 2024 for AED 2,650,000 (AED 2,649 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 13 September 2024.

Questions about 607, Executive Residences at Park Ridge

What did unit 607 last sell for?

AED 2,650,000 on 13 September 2024: AED 2,649 per sqft for 1,000 sqft. The unit has 2 registered sales; the first was AED 1,546,888 in December 2021.

How big is unit 607?

1,000 sqft (92.9 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2022.

What is unit 607 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 607, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.65M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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