1-bed · 868 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · Ground floor · completed 2022

G15, Executive Residences at Park Ridge

Sold prices and rental history: sold twice, last in June 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G15 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 1.33M8 June 2023
Current rentAED 78K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G15, Executive Residences at Park Ridge

What is G15 worth today?

Last sold for AED 1,325,000 in 2023

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8 Jun 2023SoldReady
AED 1,325,000AED 1,526 per sqft
1 Nov 2022RentedNew contract
AED 78,000/yr12 months · AED 90 per sqft
24 Jun 2019Sold by developerOff-plan
AED 1,126,888AED 1,298 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
1-bed apartment
Size
868 sqft
Floor
Ground of 9
Parking
B1-1329
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 1.33M · June 2023

About G15, Executive Residences at Park Ridge

G15 is a one-bedroom apartment of 868 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 8 June 2023 for AED 1,325,000, or AED 1,526 per sqft, 13% below the AED 1,749 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 78,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for G15 over time

Sales
Unit G15, each saleTypical one-bed in Executive Residences at Park Ridge
1.25M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,087,888; 2020 AED 1,096,888; 2021 AED 1,101,888; 2022 AED 1,127,888; 2023 AED 1,325,000; 2024 AED 1,441,000; 2025 AED 1,517,756; 2026 AED 1,575,000Sold by developer, June 2019: AED 1,126,888 (AED 1,298 per sqft)Sold, June 2023: AED 1,325,000 (AED 1,526 per sqft)

G15 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G15, each contractTypical one-bed in Executive Residences at Park Ridge
70K80K90K202220242026Typical rent by year: 2022 AED 73,799; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 90,000New contract, November 2022: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Executive Residences at Park Ridge, and where G15 sits

All 87 1-beds →

G15 last sold in June 2023 at AED 1,526 per sqft, 13% below what one-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,749). Over the last 12 months one-beds sold for AED 1,470,000 to 1,830,000, around AED 2,379 per sqft, and rent for AED 72,000 to 140,000 a year. G15's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,500,000
6 Aug 20261,650,000
29 Jul 202614,047
24 Feb 20261,470,000
8 1-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
G011-bedAED 1.15M · Nov 2019
G022-bedAED 2.2M · Oct 2023
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
1–7 of 18

G15, Executive Residences at Park Ridge in numbers

  • Sold twice: first on 24 June 2019 for AED 1,126,888, last on 8 June 2023 for AED 1,325,000 (AED 1,526 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 5.9%.
  • One-beds in Executive Residences at Park Ridge sold for AED 1,470,000–1,830,000 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 8 June 2023.

Questions about G15, Executive Residences at Park Ridge

What did unit G15 last sell for?

AED 1,325,000 on 8 June 2023: AED 1,526 per sqft for 868 sqft. The unit has 2 registered sales; the first was AED 1,126,888 in June 2019.

What is the rent for unit G15?

AED 78,000 a year on the contract signed on 1 November 2022.

How big is unit G15?

868 sqft (80.6 sqm): a one-bedroom apartment on the ground floor of a 9-storey tower completed in 2022.

What is unit G15 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Residences at Park Ridge sold for AED 1,470,000 to 1,830,000 in the last 12 months, around AED 2,379 per sqft.

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Mortgage on G15, Executive Residences at Park Ridge

Starts from the last sale price (AED 1.33M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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