1-bed · 655 sqftPark Ridge Tower C, Dubai Hills Estate · 10th floor · completed 2022

1001, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 960K16 June 2019
Current rentAED 110K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Park Ridge Tower C

What is 1001 worth today?

Last sold for AED 959,888 in 2019

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17 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 165 per sqft
17 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 165 per sqft
14 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 165 per sqft
14 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 165 per sqft
22 Dec 2023RentedNew contract
AED 105,000/yr12 months · AED 157 per sqft
5 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
5 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
16 Jun 2019Sold by developerOff-plan
AED 959,888AED 1,466 per sqft

Source: Dubai Land Department. Updated 17 February 2025.

Key facts

Type
1-bed apartment
Size
655 sqft
Floor
10th of 22
Parking
B1-1243
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,700 /yr
Last sold
AED 960K · June 2019

About 1001, Park Ridge Tower C

1001 is a one-bedroom apartment of 655 sqft on the 10th floor of Park Ridge Tower C, a 22-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 16 June 2019 for AED 959,888, or AED 1,466 per sqft, in line with the AED 1,466 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 17 February 2025, is AED 110,000 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in Park Ridge Tower C
1M1.5M2017202020232026Typical sale price by year: 2017 AED 958,888; 2018 AED 952,888; 2019 AED 964,888; 2020 AED 1,006,888; 2021 AED 850,000; 2022 AED 1,071,444; 2023 AED 1,230,000; 2024 AED 1,450,000; 2025 AED 1,550,000; 2026 AED 1,580,000Sold by developer, June 2019: AED 959,888 (AED 1,466 per sqft)

1001 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1001, each contractTypical one-bed in Park Ridge Tower C
50K75K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 60,000; 2023 AED 68,000; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 90,000New contract, December 2021: AED 55,000 a yearRenewal, December 2022: AED 55,000 a yearNew contract, December 2023: AED 105,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 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 Park Ridge Tower C, and where 1001 sits

All 226 1-beds →

1001 last sold in June 2019 at AED 1,466 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,466). Over the last 12 months one-beds sold for AED 1,425,000 to 1,706,900, around AED 2,390 per sqft, and rent for AED 54,000 to 192,774 a year. 1001's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,425,000
13 Jul 20261,530,000
1 Jul 20261,690,000
10 Apr 20261,706,900
7 1-bed sales in the last 12 months

Park Ridge Tower C

Building

476 apartments, 1-bed to 3-bed over 22 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 21 sold in the last 12 months.

Typical price per sqft
AED 2,445 Up 1.4%
Typical sale
AED 2.38M
Typical rent
AED 110K /yr
Typical yield
5.5%
Park Ridge Tower C, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 476 units in Park Ridge Tower C
Value
10021-bedAED 1.15M · Jul 2023
10031-bedAED 947K · Jun 2018
10041-bedAED 974K · Feb 2019
10051-bedAED 1.12M · Nov 2021
10061-bedAED 1.75M · Jan 2025
10072-bedAED 1.61M · Nov 2019
10082-bedAED 1.73M · Sep 2021
1–7 of 20

1001, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 16 June 2019 for AED 959,888, or AED 1,466 per sqft.
  • Rented since December 2021 on 7 Ejari contracts, from AED 55,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 11.5%, before a service charge of about AED 13,700 a year (AED 20.90 per sqft).
  • One-beds in Park Ridge Tower C sold for AED 1,425,000–1,706,900 in the 12 months to November 2026; the building's median across all types is AED 2,445 per sqft.

Source: Dubai Land Department. Updated 17 February 2025.

Questions about 1001, Park Ridge Tower C

What did unit 1001 last sell for?

AED 959,888 on 16 June 2019, sold by the developer: AED 1,466 per sqft for 655 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 110,000 a year on the contract signed on 17 February 2025. The previous contract, from February 2025, was AED 110,000; the unit has been rented since December 2021.

How big is unit 1001?

655 sqft (60.9 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2022.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Ridge Tower C sold for AED 1,425,000 to 1,706,900 in the last 12 months, around AED 2,390 per sqft.

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Mortgage on 1001, Park Ridge Tower C

Starts from the last sale price (AED 960K, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 959,888
Deposit, UAE resident (20%)
AED 191,978
Deposit, non-resident (40%)
AED 383,955
Monthly over 25 years at 3.7%
AED 3,927

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