2-bed · 1,003 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 6th floor · completed 2022

616, Executive Residences at Park Ridge

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

Unit 616 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 2.05M6 March 2023
Current rentAED 150K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Executive Residences at Park Ridge

What is 616 worth today?

Last sold for AED 2,050,000 in 2023

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7 Mar 2026RentedRenewal
AED 150,000/yr12 months · AED 149 per sqft
28 Apr 2025RentedNew contract
AED 150,000/yr10 months · AED 149 per sqft
28 Apr 2024RentedRenewal
AED 150,000/yr12 months · AED 150 per sqft
28 Apr 2023RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
6 Mar 2023SoldReady
AED 2,050,000AED 2,043 per sqft
17 Jun 2019Sold by developerOff-plan
AED 1,623,888AED 1,618 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
2-bed apartment
Size
1,003 sqft
Floor
6th of 9
Parking
B1-1435
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.05M · March 2023

About 616, Executive Residences at Park Ridge

616 is a two-bedroom apartment of 1,003 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 6 March 2023 for AED 2,050,000, or AED 2,043 per sqft, 29% above the AED 1,583 two-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 7 March 2026, is AED 150,000 a year: a gross yield of 7.3% on the 2023 price.

Sales and rents for 616 over time

Sales
Unit 616, 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, June 2019: AED 1,623,888 (AED 1,618 per sqft)Sold, March 2023: AED 2,050,000 (AED 2,043 per sqft)

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

Rents
Unit 616, 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 150,000New contract, April 2023: AED 150,000 a yearRenewal, April 2024: AED 150,000 a yearNew contract, April 2025: AED 150,000 a yearRenewal, March 2026: AED 150,000 a year

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 616 sits

All 95 2-beds →

616 last sold in March 2023 at AED 2,043 per sqft, 29% above what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,583). 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. 616's AED 150,000 is in the lower half of that range.

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 127K /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

616, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 17 June 2019 for AED 1,623,888, last on 6 March 2023 for AED 2,050,000 (AED 2,043 per sqft).
  • Rented since April 2023 on 4 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 7.3%.
  • 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 7 March 2026.

Questions about 616, Executive Residences at Park Ridge

What did unit 616 last sell for?

AED 2,050,000 on 6 March 2023: AED 2,043 per sqft for 1,003 sqft. The unit has 2 registered sales; the first was AED 1,623,888 in June 2019.

What is the rent for unit 616?

AED 150,000 a year on the contract renewed on 7 March 2026. The previous contract, from April 2025, was AED 150,000; the unit has been rented since April 2023.

How big is unit 616?

1,003 sqft (93.2 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2022.

What is unit 616 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 616, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.05M, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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