2-bed · 1,000 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 8th floor · completed 2022

804, Executive Residences at Park Ridge

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

Unit 804 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 1.88M8 March 2023
Current rentAED 170K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Executive Residences at Park Ridge

What is 804 worth today?

Last sold for AED 1,880,000 in 2023

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28 Apr 2023RentedNew contract
AED 170,000/yr12 months · AED 170 per sqft
8 Mar 2023SoldReady
AED 1,880,000AED 1,879 per sqft
12 Sep 2019Sold by developerOff-plan
AED 1,468,888AED 1,468 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
2-bed apartment
Size
1,000 sqft
Floor
8th of 9
Parking
B1-1358
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.88M · March 2023

About 804, Executive Residences at Park Ridge

804 is a two-bedroom apartment of 1,000 sqft on the 8th 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 8 March 2023 for AED 1,880,000, or AED 1,879 per sqft, 18% above the AED 1,587 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 April 2023. The current contract, signed on 28 April 2023, is AED 170,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 804 over time

Sales
Unit 804, 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 1,468,888 (AED 1,468 per sqft)Sold, March 2023: AED 1,880,000 (AED 1,879 per sqft)

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

Rents
Unit 804, 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 170,000 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 804 sits

All 95 2-beds →

804 last sold in March 2023 at AED 1,879 per sqft, 18% above what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,587). 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. 804's AED 170,000 is in the upper 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 125K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →
Value
8011-bedAED 1.13M · Jun 2021
8022-bedAED 2.37M · Jun 2023
8033-bedAED 4M · Oct 2023
8052-bedAED 1.49M · Jun 2019
8062-bedAED 1.4M · Oct 2022
8072-bedAED 2.3M · Oct 2023
8081-bedAED 1.09M · May 2019
1–7 of 17

804, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 12 September 2019 for AED 1,468,888, last on 8 March 2023 for AED 1,880,000 (AED 1,879 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 9.0%.
  • 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 28 April 2023.

Questions about 804, Executive Residences at Park Ridge

What did unit 804 last sell for?

AED 1,880,000 on 8 March 2023: AED 1,879 per sqft for 1,000 sqft. The unit has 2 registered sales; the first was AED 1,468,888 in September 2019.

What is the rent for unit 804?

AED 170,000 a year on the contract signed on 28 April 2023.

How big is unit 804?

1,000 sqft (92.9 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2022.

What is unit 804 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 804, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.88M, 8 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,880,000
Deposit, UAE resident (20%)
AED 376,000
Deposit, non-resident (40%)
AED 752,000
Monthly over 25 years at 3.7%
AED 7,692

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