2-bed · 1,280 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 7th floor · completed 2022

703, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 30 September 2019
Last soldAED 2.08M30 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Executive Residences at Park Ridge

What is 703 worth today?

Last sold for AED 2,081,888 in 2019

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30 Sep 2019Sold by developerOff-plan
AED 2,081,888AED 1,626 per sqft

Source: Dubai Land Department. Updated 30 September 2019.

Key facts

Type
2-bed apartment
Size
1,280 sqft
Floor
7th of 9
Parking
B1-1406
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.08M · September 2019

About 703, Executive Residences at Park Ridge

703 is a two-bedroom apartment of 1,280 sqft on the 7th 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 30 September 2019 for AED 2,081,888, or AED 1,626 per sqft, 4% above the AED 1,565 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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 2019: AED 2,081,888 (AED 1,626 per sqft)

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

Rents
Unit 703, 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 703 sits

All 95 2-beds →

703 last sold in September 2019 at AED 1,626 per sqft, 4% above what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,565). 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 127K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
7011-bedAED 1.1M · Apr 2022
7022-bedAED 1.62M · Nov 2021
7042-bedAED 2.11M · Aug 2021
7052-bedAED 2.33M · Feb 2026
7062-bedAED 2.18M · Oct 2026
7072-bedAED 1.51M · Jun 2019
7082-bedAED 1.57M · Mar 2022
1–7 of 18

703, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 30 September 2019 for AED 2,081,888, or AED 1,626 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 30 September 2019.

Questions about 703, Executive Residences at Park Ridge

What did unit 703 last sell for?

AED 2,081,888 on 30 September 2019, sold by the developer: AED 1,626 per sqft for 1,280 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,280 sqft (118.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2022.

What is unit 703 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 703, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.08M, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,081,888
Deposit, UAE resident (20%)
AED 416,378
Deposit, non-resident (40%)
AED 832,755
Monthly over 25 years at 3.7%
AED 8,518

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