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2-bed · 1,378 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · Ground floor · completed 2022

G02, Executive Residences at Park Ridge

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

Unit G02 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 2.2M5 October 2023
Current rentAED 150K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Executive Residences at Park Ridge

What is G02 worth today?

Last sold for AED 2,200,000 in 2023

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5 Oct 2023SoldReady
AED 2,200,000AED 1,596 per sqft
1 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
13 Dec 2021Sold by developerOff-plan
AED 1,549,177AED 1,124 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
Ground of 9
Parking
B1-1427
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.2M · October 2023
Building
Executive Residences at Park Ridge

About G02, Executive Residences at Park Ridge

G02 is a two-bedroom apartment of 1,378 sqft on the ground 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 5 October 2023 for AED 2,200,000, or AED 1,596 per sqft, 10% below the AED 1,765 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2023. The current contract, signed on 1 July 2023, is AED 150,000 a year: a gross yield of 6.8% on the 2023 price.

Sales and rents for G02 over time

Sales
Unit G02, 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, December 2021: AED 1,549,177 (AED 1,124 per sqft)Sold, October 2023: AED 2,200,000 (AED 1,596 per sqft)

G02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, 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, July 2023: 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 G02 sits

All 95 2-beds →

G02 last sold in October 2023 at AED 1,596 per sqft, 10% below what two-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,765). 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. G02'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 125K /yr
Typical yield
5.9%
Executive Residences at Park Ridge, Dubai Hills Estate: prices, sales and rents →

Other units on the ground floor

All 194 units in Executive Residences at Park Ridge
Value
G011-bedAED 1.15M · Nov 2019
G032-bedAED 3.6M · Mar 2025
G042-bedAED 3M · Nov 2023
G052-bedAED 1.63M · Mar 2022
G062-bedAED 1.85M · Aug 2023
G072-bedAED 2.18M · Jan 2024
G081-bedAED 1.08M · Jun 2019
1–7 of 18

G02, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 13 December 2021 for AED 1,549,177, last on 5 October 2023 for AED 2,200,000 (AED 1,596 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.8%.
  • 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 October 2023.

Questions about G02, Executive Residences at Park Ridge

What did unit G02 last sell for?

AED 2,200,000 on 5 October 2023: AED 1,596 per sqft for 1,378 sqft. The unit has 2 registered sales; the first was AED 1,549,177 in December 2021.

What is the rent for unit G02?

AED 150,000 a year on the contract signed on 1 July 2023.

How big is unit G02?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2022.

What is unit G02 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 G02, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.2M, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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