2-bed · 1,286 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 7th floor · completed 2022

704, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 August 2021
Last soldAED 2.11M15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Executive Residences at Park Ridge

What is 704 worth today?

Last sold for AED 2,109,888 in 2021

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15 Aug 2021Sold by developerOff-plan
AED 2,109,888AED 1,640 per sqft

Source: Dubai Land Department. Updated 15 August 2021.

Key facts

Type
2-bed apartment
Size
1,286 sqft
Floor
7th of 9
Parking
B1-1416
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.11M · August 2021

About 704, Executive Residences at Park Ridge

704 is a two-bedroom apartment of 1,286 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 15 August 2021 for AED 2,109,888, or AED 1,640 per sqft, 4% above the AED 1,583 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, August 2021: AED 2,109,888 (AED 1,640 per sqft)

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

Rents
Unit 704, 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 704 sits

All 95 2-beds →

704 last sold in August 2021 at AED 1,640 per sqft, 4% 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.

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
7011-bedAED 1.1M · Apr 2022
7022-bedAED 1.62M · Nov 2021
7032-bedAED 2.08M · Sep 2019
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

704, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 15 August 2021 for AED 2,109,888, or AED 1,640 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 15 August 2021.

Questions about 704, Executive Residences at Park Ridge

What did unit 704 last sell for?

AED 2,109,888 on 15 August 2021, sold by the developer: AED 1,640 per sqft for 1,286 sqft. It is the only registered sale of the unit.

How big is unit 704?

1,286 sqft (119.5 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2022.

What is unit 704 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 704, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.11M, 15 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,109,888
Deposit, UAE resident (20%)
AED 421,978
Deposit, non-resident (40%)
AED 843,955
Monthly over 25 years at 3.7%
AED 8,632

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