2-bed · 1,005 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 6th floor · completed 2022

608, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in September 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 29 September 2020
Last soldAED 1.53M29 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Executive Residences at Park Ridge

What is 608 worth today?

Last sold for AED 1,531,888 in 2020

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29 Sep 2020Sold by developerOff-plan
AED 1,531,888AED 1,525 per sqft

Source: Dubai Land Department. Updated 29 September 2020.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
6th of 9
Parking
B1-1349
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.53M · September 2020

About 608, Executive Residences at Park Ridge

608 is a two-bedroom apartment of 1,005 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. The developer sold it on 29 September 2020 for AED 1,531,888, or AED 1,525 per sqft, 5% below the AED 1,597 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 608 over time

Sales
Unit 608, 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, September 2020: AED 1,531,888 (AED 1,525 per sqft)

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

Rents
Unit 608, 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 608 sits

All 95 2-beds →

608 last sold in September 2020 at AED 1,525 per sqft, 5% below what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,597). 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
6072-bedAED 2.65M · Sep 2024
1–7 of 18

608, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 29 September 2020 for AED 1,531,888, or AED 1,525 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 29 September 2020.

Questions about 608, Executive Residences at Park Ridge

What did unit 608 last sell for?

AED 1,531,888 on 29 September 2020, sold by the developer: AED 1,525 per sqft for 1,005 sqft. It is the only registered sale of the unit.

How big is unit 608?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2022.

What is unit 608 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 608, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.53M, 29 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,531,888
Deposit, UAE resident (20%)
AED 306,378
Deposit, non-resident (40%)
AED 612,755
Monthly over 25 years at 3.7%
AED 6,267

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