1-bed · 653 sqftPark Ridge Tower C, Dubai Hills Estate · 10th floor · completed 2022

1004, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 974K27 February 2019
Current rentAED 90K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Park Ridge Tower C

What is 1004 worth today?

Last sold for AED 973,888 in 2019

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5 Feb 2025RentedRenewal
AED 90,000/yr12 months · AED 137 per sqft
5 Feb 2024RentedNew contract
AED 90,000/yr12 months · AED 137 per sqft
21 Oct 2023RentedRenewal
AED 68,000/yr12 months · AED 104 per sqft
21 Oct 2022RentedNew contract
AED 68,000/yr12 months · AED 104 per sqft
27 Feb 2019Sold by developerOff-plan
AED 973,888AED 1,492 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
10th of 22
Parking
B2-2472
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 974K · February 2019

About 1004, Park Ridge Tower C

1004 is a one-bedroom apartment of 653 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 27 February 2019 for AED 973,888, or AED 1,492 per sqft, in line with the AED 1,469 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 February 2025, is AED 90,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 13,600 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, 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, February 2019: AED 973,888 (AED 1,492 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Park Ridge Tower C
60K80K100K2021202320252027Typical 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, October 2022: AED 68,000 a yearRenewal, October 2023: AED 68,000 a yearNew contract, February 2024: AED 90,000 a yearRenewal, February 2025: AED 90,000 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 1004 sits

All 226 1-beds →

1004 last sold in February 2019 at AED 1,492 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,469). 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. 1004's AED 90,000 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
10011-bedAED 960K · Jun 2019
10021-bedAED 1.15M · Jul 2023
10031-bedAED 947K · Jun 2018
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

1004, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 27 February 2019 for AED 973,888, or AED 1,492 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 68,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 13,600 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 5 February 2025.

Questions about 1004, Park Ridge Tower C

What did unit 1004 last sell for?

AED 973,888 on 27 February 2019, sold by the developer: AED 1,492 per sqft for 653 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 90,000 a year on the contract renewed on 5 February 2025. The previous contract, from February 2024, was AED 90,000; the unit has been rented since October 2022.

How big is unit 1004?

653 sqft (60.7 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2022.

What is unit 1004 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 1004, Park Ridge Tower C

Starts from the last sale price (AED 974K, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 973,888
Deposit, UAE resident (20%)
AED 194,778
Deposit, non-resident (40%)
AED 389,555
Monthly over 25 years at 3.7%
AED 3,984

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