2-bed · 995 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · 8th floor · completed 2022

816, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.62M26 September 2019
Current rentAED 128K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Executive Residences at Park Ridge

What is 816 worth today?

Last sold for AED 1,617,888 in 2019

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5 Sep 2026RentedNew contract
AED 128,000/yr12 months · AED 129 per sqft
27 Nov 2024RentedNew contract
AED 160,000/yr12 months · AED 161 per sqft
27 Nov 2024RentedNew contract
AED 160,000/yr12 months · AED 161 per sqft
26 Sep 2019Sold by developerOff-plan
AED 1,617,888AED 1,626 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
995 sqft
Floor
8th of 9
Parking
B1-1392
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.62M · September 2019

About 816, Executive Residences at Park Ridge

816 is a two-bedroom apartment of 995 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. The developer sold it on 26 September 2019 for AED 1,617,888, or AED 1,626 per sqft, 4% above the AED 1,564 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 5 September 2026, is AED 128,000 a year: a gross yield of 7.9% on the 2019 price.

Sales and rents for 816 over time

Sales
Unit 816, 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 1,617,888 (AED 1,626 per sqft)

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

Rents
Unit 816, 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, November 2024: AED 160,000 a yearNew contract, November 2024: AED 160,000 a yearNew contract, September 2026: AED 128,000 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 816 sits

All 95 2-beds →

816 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 1,564). 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. 816's AED 128,000 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 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
8042-bedAED 1.88M · Mar 2023
8052-bedAED 1.49M · Jun 2019
8062-bedAED 1.4M · Oct 2022
8072-bedAED 2.3M · Oct 2023
1–7 of 17

816, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 26 September 2019 for AED 1,617,888, or AED 1,626 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, from AED 160,000 to AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2019 price is 7.9%.
  • 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 5 September 2026.

Questions about 816, Executive Residences at Park Ridge

What did unit 816 last sell for?

AED 1,617,888 on 26 September 2019, sold by the developer: AED 1,626 per sqft for 995 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 128,000 a year on the contract signed on 5 September 2026. The previous contract, from November 2024, was AED 160,000; the unit has been rented since November 2024.

How big is unit 816?

995 sqft (92.4 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2022.

What is unit 816 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 816, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.62M, 26 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,617,888
Deposit, UAE resident (20%)
AED 323,578
Deposit, non-resident (40%)
AED 647,155
Monthly over 25 years at 3.7%
AED 6,619

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