3-bed · 2,659 sqftExecutive Residences at Park Ridge, Dubai Hills Estate · -1th floor · completed 2022

TH-03, Executive Residences at Park Ridge

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH-03 · DLD and Ejari recordsUpdated 21 July 2022
Last soldAED 2.83M21 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH-03, Executive Residences at Park Ridge

What is TH-03 worth today?

Last sold for AED 2,826,888 in 2022

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21 Jul 2022Sold by developerReady
AED 2,826,888AED 1,063 per sqft

Source: Dubai Land Department. Updated 21 July 2022.

Key facts

Type
3-bed apartment
Size
2,659 sqft
Floor
-1th of 9
Parking
B1-1391
Developer
Dubai Hills Estate
Completed
2022
Last sold
AED 2.83M · July 2022

About TH-03, Executive Residences at Park Ridge

TH-03 is a three-bedroom apartment of 2,659 sqft on the -1th 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 21 July 2022 for AED 2,826,888, or AED 1,063 per sqft, 9% below the AED 1,163 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH-03 over time

Sales
Unit TH-03, each saleTypical three-bed in Executive Residences at Park Ridge
3M4M202220232024Typical sale price by year: 2022 AED 3,340,388; 2023 AED 4,000,000Sold by developer, July 2022: AED 2,826,888 (AED 1,063 per sqft)

TH-03 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH-03, each contractTypical three-bed in Executive Residences at Park Ridge
300K310K2024202520262027Typical rent by year: 2024 AED 315,000; 2025 AED 300,000; 2026 AED 315,000

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

3-beds in Executive Residences at Park Ridge, and where TH-03 sits

All 12 3-beds →

TH-03 last sold in July 2022 at AED 1,063 per sqft, 9% below what three-beds in Executive Residences at Park Ridge were fetching at the time (AED 1,163). Over the last 12 months three-beds sold for AED 4,840,000, around AED 1,949 per sqft, and rent for AED 260,000 to 350,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20264,840,000
26 Dec 20244,700,000
12 Oct 20234,000,000
13 Jun 20234,250,000
1 3-bed sale 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
TH-013-bedAED 4M · Feb 2023
TH-023-bedAED 3.95M · Sep 2022
TH-043-bedAED 3.55M · Jul 2022
TH-053-bedAED 4.84M · Jun 2026
TH-063-bedAED 4.25M · Jun 2023

TH-03, Executive Residences at Park Ridge in numbers

  • Sold once: by Dubai Hills Estate on 21 July 2022 for AED 2,826,888, or AED 1,063 per sqft.
  • Three-beds in Executive Residences at Park Ridge sold for AED 4,840,000–4,840,000 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 21 July 2022.

Questions about TH-03, Executive Residences at Park Ridge

What did unit TH-03 last sell for?

AED 2,826,888 on 21 July 2022, sold by the developer: AED 1,063 per sqft for 2,659 sqft. It is the only registered sale of the unit.

How big is unit TH-03?

2,659 sqft (247.0 sqm): a three-bedroom apartment on the -1th floor of a 9-storey tower completed in 2022.

What is unit TH-03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Residences at Park Ridge sold for AED 4,840,000 to 4,840,000 in the last 12 months, around AED 1,949 per sqft.

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Mortgage on TH-03, Executive Residences at Park Ridge

Starts from the last sale price (AED 2.83M, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,826,888
Deposit, UAE resident (20%)
AED 565,378
Deposit, non-resident (40%)
AED 1,130,755
Monthly over 25 years at 3.7%
AED 11,566

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